Excellent Plot of land With Planning for sale in Marsa Alam Red Sea Governorate Egypt

Esales Property ID: es5554683

Property Location

Marsa Alam

Red Sea Governorate

Egypt

Property Details

African Paradise for Tourism Development is pleased to present to you a general offer for the sale of a prime touristic land plot located in Marsa Alam, Red Sea Governorate, directly adjacent to the Hilton Marsa Alam Resort. The plot includes existing concrete structures (shell & core), with the following details:

Land Location: Marsa Alam – Red Sea Governorate, Egypt

Nearby Landmark: Adjacent to Hilton Marsa Alam

Total Area: 366,033 square meters

Asking Price: USD 85 per square meter

Estimated Total Value: USD 31,113,805 (negotiable based on seriousness)

Legal Status:

* Full freehold ownership by the selling company
* Free of mortgages or legal disputes
* All legal documents available for due diligence upon proof of interest
* Sale is subject to regulatory approvals, as the company is publicly listed on the Egyptian Stock Exchange

Existing Project Structures (Shell & Core):

* 252 hotel rooms (concrete skeletons in place)
* 84 investment blocks suitable for touristic, residential, or commercial use
* Total of 336 constructed units
* Infrastructure partially developed
* The project offers an excellent opportunity for development and operation upon completion

For Inquiries & Communication:

Mr. Mohammed Bin Ahmed Al-Zahrani

African Paradise for Tourism Development

+966 53 555 9999

About the Area

Marsa Alam is a rapidly developing resort town located in the Red Sea Governorate of Egypt, positioned on the western shore of the Red Sea. Once a sleepy fishing village, it has transformed into a prime destination, particularly renowned among diving and snorkeling enthusiasts. Its appeal lies in its pristine sandy beaches, vibrant coral reefs, and abundant marine life, including the elusive dugongs (sea cows) and various species of sea turtles. The town offers a more tranquil and nature-focused experience compared to the larger, more bustling resorts further north, making it an ideal escape for those seeking serenity and an intimate connection with the underwater world.

The waters off Marsa Alam are celebrated for their exceptional clarity and biodiversity, making it a world-class diving destination. Sites like the U-shaped Abu Dabbab Bay are famous for frequent sightings of sea turtles and dugongs, while Sha’ab Samadai Reef, often called ‘Dolphin House,’ is a known haunt for large pods of spinner dolphins. More adventurous divers are drawn to offshore sites like Daedalus Reef and the Elphinstone Reef, which boast dramatic coral walls, diverse fish species, and the thrilling possibility of encountering oceanic white-tip and hammerhead sharks. Beyond diving, the consistent winds make areas like El Naaba Lagoon perfect for kite-surfing and windsurfing.

Beyond the aquatic attractions, Marsa Alam offers a gateway to exploring the unique desert landscapes of Egypt’s Eastern Desert. The nearby Wadi El Gemal National Park, located south of the town, is a protected area encompassing a fascinating mix of desert ecosystems, seagrass beds, coral reefs, and islands. This park provides opportunities for desert safaris, birdwatching, and experiencing the traditional Bedouin culture. The town itself has seen significant development since the mid-1990s, with a growing number of hotels, resorts, and a modern marina at Port Ghalib, which serves as a hub for yachting and excursions along the Red Sea coast.

The primary gateway for international visitors to Marsa Alam is Marsa Alam International Airport (RMF). This airport is conveniently located just 60 kilometers north of the town center, making transfers quick and easy. RMF primarily handles direct flights from various European cities, catering directly to the leisure and diving tourism market. While RMF is the most direct option, Hurghada International Airport (HRG), located approximately 250-270 kilometers north, is another significant international airport in the Red Sea Governorate that can serve as an alternative. HRG offers a broader range of international flights, and from there, travelers can arrange ground transfers to Marsa Alam.

Main Features

* 366000 m2 of land for development ( 36 Hectares )
* Excellent location close to many amenities
* Stunning views.
* Huge Potential in the rental market if developed on.

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