Marlion
Residences:
Marlion is a stunning building of 4 floors with 272 apartments.
With some of the ground floor units being taken up by shops,
restaurants and services, all apartments will be designed
with modern material of the highest quality.
At
first glance, this extraordinary building from the air looks
very much like any other development. However, the side
elevation tells a different storey. With all apartments
having, breath taking views across the crystal clear waters
of the Red Sea, each residence offers selective clientele
a framework for optimum comfort and a lifestyle of the highest
standard.
Located
in Hurghada, Marlion is situated in an enviable position
in a quite and scenic area with outstanding views and just
15 minutes drive from Downtown (El Dahar) which is the old
part of Hurghada. There is also easy access to the surrounding
area, particularly El Gouna. Also Sharm el-Sheikh and Shal
Hasheesh are only a small distance away.
Each
apartment comes with a complete furniture package and rental
guarantees of 10% p.a. for 5 years (NET), these apartments
also offer a potential capital uplift of between 30% to
50% (Developers estimates based upon previous developments)
before completion.
The
construction work on Marlion will commence in March 2008
with an expected completion in Jan 2010. Building licenses
have already been granted from the municipal authorities
and are available for inspection if required.
All
Marlion apartments include a 20 year structural guarantee
as well as a two year minor defects guarantee.
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