Hotel Project in Marsa Alam, Egypt

Marsa Alam, Egypt

  • Asking Price: $86,000,000
  • Gross Income: Not Disclosed
  • Cash Flow: Not Disclosed
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #226474
  • Established: Not Disclosed
  • Employees:

Business Description

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.

Business Details

Primary Business Category: Restaurants, Bars & Other Food Services
Location: Egypt
Metropolitan Area: Marsa Alam

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $86,000,000
Seller Financing Available: No

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Business Listed By:

Rick Brown

MergersCorp M&A International