About 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% 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.
