Century 21 Leading Edge Inc.Realty, Brokerage 416-849-8055
Aubrey Langhorne

Kennedy/Steeles (Markham, Ontario, CA) (New Construction)
$11,000,000 USD 4 Star Tourism Resort




"South of Sinai, Egypt"
 

Century 21 Leading Edge Realty Inc.


Aubrey Langhorne
 
Aubrey Langhorne
Email Aubrey
 
Phone: 416-494-5955
Home: 416-609-3772
Cell: 416-303-7338
Fax: 416-494-4977
 
Details

Type: Commercial Style: 310 rooms 4 Star Hotel Development Level: Under Construction Size: 100,000 sq. m. "Land, 200 Meters Private Beach" Lot Size:  100000 sq. m.  n/a "200 Meters Private Beach" Has Suite: Yes Year Built: n/a "Under Construction"
 
Description

The Develping Taba Hotel Resort Project was professionally planned and a complete feasibility plans are available. The completed engineering is covering the hotel rooms, the chalets, the infrastructure and utilities and all recreation facilities.

Flood control channels and crossings have been completed 100% to protect the whole project area from any floods which could be collected during rain seasons.

Site preparation and roads are 50% complete. All concrete and brick works of 150 hotel and chalet rooms have been completed 100%. The foundation of the reception building has been completed 100%.

All utilities such as sea water desalinate , electric power and sewer collection and treatment systems are available on site.

The land and the buildings are completely 100 % owned nothing is owing. It can be arranged for a resident engineer to meet any interested buyer to inspect the project.

It is an almost finished 310 room Four Star Tourism Resort
on the Red Sea to sell. ( Could be converted to Five Star )
45 KM south of Taba and 20 KM north of Nweiba at
Gulf of Aquaba , South Sinai Egypt .
Estimated Investment cost USD 27,000,000
Cost of completed works USD 9,934,000
Nothing owing on the project. No bank loans.
Will help with completing the project if required.
18 Months to complete.
Can sell all or part of it .
Asking price is USD 11,000,000 to buy the project as is
Land : 100,000 Square meters
Sea front: 200 meters private beach
Include single and double rooms hotel & Chalets rooms and :
Two (2) Swimming pools
Two )2) Restaurants
Two (2) Bars
Coffee Shop Lounges
Roman Theatre
Health Club
Tennis Court
Children Playgrounds
Shopping Arcade
Staff Housing
Emergency Power Generation
Desalination Units
Waste Water Treatment Unit
Two Kitchens and Several Stores
 
Highlights

It is an almost finished 310 room Four Star Tourism Resort
on the Red Sea to sell. ( Could be converted to Five Star )
45 KM south of Taba and 20 KM north of Nweiba at
Gulf of Aquaba , South Sinai Egypt .
Land : 100,000 Square meters
Sea front: 200 meters private beach
Asking price is USD 11,000,000 to buy the project as is
Include single and double rooms hotel & Chalets rooms and :
Two (2) Swimming pools, Two )2) Restaurants, Two (2) Bars, Coffee Shop Lounges, Roman Theatre, Health Club, Tennis Court
Children Playgrounds, Shopping Arcade, Staff Housing, Emergency Power Generation, Desalination Units, Waste Water Treatment Unit ,Two Kitchens and Several Stores

Brokered and Advertised by:   HomeLife Principal Realty Inc., Brokerage P2#12146624
 

Information is deemed to be correct but not guaranteed.