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    Hotel Project in Marsa Alam, Egypt

    Description

    L#20210006

    For sale a Resort development project in the famous location of Marsa Alam.

    The project is up to the new buyer to either continue with the same plan or change it. If progressed with the same design, he could have a 660 villas to sell individually or rent (as a resort) beside the hotel and the businesses provided within the resort. Expected high ROI.

    A portion of the 660 villa project has been completed

    Foreign Investment has been approved for this project

    The coral reef in his are is one of the best in the red sea area which is why Marsa Became a tourist hotspot.

    2. The depth of the marina in his resort is sufficient for big and small boat to set in and is one of the reasons why the coral reef is protected from mud and many environmental factors.

    The company is registered and legally owned with no debts or financial problems.

    Basic Details

    Target Price:

    $86,000,000

    Gross Revenue

    TBD

    EBITDA

    TBD

    Business ID:

    L#20210006

    Country

    Egypt

    City:

    Marsa Alam

    Detail

    Business ID:L#20210006
    Property Type:Construction Project
    Property Status:For Sale
    Target Price: $86,000,000
    Gross Revenue:TBD
    EBITDA:TBD
    Target Price / Revenue:86000000x
    Target Price / EBITDA:86000000x
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      For sale a Resort development project in the famous location of Marsa Alam.

      The project is up to the new buyer to either continue with the same plan or change it. If progressed with the same design, he could have a 660 villas to sell individually or rent (as a resort) beside the hotel and the businesses provided within the resort. Expected high ROI.

      A portion of the 660 villa project has been completed

      Foreign Investment has been approved for this project

      The coral reef in his are is one of the best in the red sea area which is why Marsa Became a tourist hotspot.

      2. The depth of the marina in his resort is sufficient for big and small boat to set in and is one of the reasons why the coral reef is protected from mud and many environmental factors.

      The company is registered and legally owned with no debts or financial problems.

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