Hotel For Sale In Sharm El Sheik - Nabq

Property Description

Location:

The resort is in 

Sector” that is located on the shores of

Gulf in Sharm El Sheikh,

Southern Sinai. The site has a very

Distinguished location, even though not

Directly situated on the seashore; the resort

Has a clear sea view from the east and the

Splendid view of an international 18 holes

Golf course on the west (Currently under

Development).The resort guest would have

The right to use a private beach that is

Managed through an adjacent resort.

The Site has an area of 23000 square

Meters, in addition to another 2600 square

meters reserved for the resort’s Staff

Housing.

Company for Tourism & Urban

Development and is free from any debts as

It was totally own financed.

The resort was designed and

Implemented according to the FOUR

STARS norms and standards issued by the

Elements & Components:

1- Main Building:

The main building has a total built-up area of

Some 6000 Square meters in its ground floor and

Two upper floors.

The Ground floor includes the main Lobby and

Entrance hall, front desk, and rear offices, main

Restaurant and kitchen, lobby bar, business centre,

In addition to a shopping Arcade with a private

Entrance.

The two upper floors include 74 various

Accommodation units: regular rooms, suites, studios

And apartments.

2- Club House:

The Club House is a separate building

With a dedicated entrance to facilitate the

Use of its multi-purpose hall by outsiders.

The lower floor accommodated services

Needed by pool users and hotel villas.

3- Hotel Villas:

The Resort includes 24 hotel Villas

Each consisting of two floors. Each of

These villas could be used as one unit with

a private garden, a reception, a kitchenette

And a bathroom in the ground floor, in

Addition to a double and single room in

The upper floor. Each of these villas could

Also be used as 3 separate units: a suite in

The ground floor, in addition to the double

And the single rooms in the upper floor,

Each with a private bathroom.

4- Chalets Building:

The Chalets building

Includes 40 standard hotel

rooms each with a private

bathroom and a terrace. The

building also includes 2 private

apartments each with two

rooms, two bathrooms, a

reception, a kitchenette and

several terraces.

5- Health Centre Building:

While two health centers are

located in the ground floor, this

building also includes 6 suites and 24

hotel rooms, each with a bathroom

and a terrace, in its 3 floors.

6- Youth Annex:

This two stories building with

inner-court include 21 double rooms

and a suite. Each of these rooms has

a bathroom and a terrace. This

building can be used to accommodate

individual homogeneous groups of

guests whenever needed.

This separate building is located

in the south eastern corner of the site,

overlooking both Nabq’s main

pedestrian spine and the pedestrian

walkway located south of the resort.

With a dedicated entrance, this

building can easily be used by both

resort guests and visitors.

This 3 stories building

accommodates an A-la-Carte restaurant

that can be used as discotheque in both

the ground floor and mezzanine, while the third floor accommodates an open-air

coffee shop.

This building includes all necessary services for its purpose: kitchens,

storage, restrooms and staff changing rooms.

10- Recreational Area:

The recreational area represents the

heart of the resort and is consistent of a

two stories structure. The lower floor is

used as an oriental coffee shop, while the

upper floor is an open-air sitting area

with a bar overlooking the swimming

pools.

11- Swimming Pools:

The Resort has three swimming

pools; the main swimming pool is

located in front of the main

building with an area of 375 m2and

has a dedicated pool-bar that can

also serve the Children Swimming

pool located at lower altitude with

an area of 100 m2. The Secondary

Swimming Pool is heated and

located in front of the Chalets

building with a total area of 220 m2

and has a dedicated pool-bar.

12- Infrastructure:

The Resort has a main water tank with 250 m3 of capacity, a compact

treatment plant, and an irrigation tank with 100 m3 of capacity as well as

electrical transformer and generator. In general, the resort is provided by its

electromechanical needs through a private company that provides all the projects with infrastructure.

Current Situation:

The 240 Units Resort

only requires some 6 months

and approximately 2 million

US $ to be fully operating.

As for the Staff housing,

all designs are ready for

implementation on a 2700m2

plot of land, 

and located

within a walking distance

from the Resort.

Resort Highlights:

Very distinguished location in, Sharm El Sheikh: the crown

joule of Egyptian Tourism.

Ø Sea View from the east and Golf View from the west

Ø Access to public Beach

Ø Free of any Debts

Ø Fully operative within few months

Ø Unique Architectural Style.

Categories Key

Cat. A                                               Complete Structure - Complete Finishing - AC - Fixed Furniture

Cat. B                                               Complete Structure - Complete Finishing - AC

Cat.C                                                Complete Stucture - 65% Finishing

Cat. D                                               Services: Complete Stucture - Complete Finishing -Equipment’s

Resort Value according to Income LE

10 Years Net Income LE 750,413,748

Net Present Value of 10 Years Net Income LE 706,350,188

Land Value after 10 Years of Operation LE 298,280,383

Net Present Value for Land LE 98,208,567

Structure Value After 10 Years of Operation LE 388,289,259

Net Present Value for Structure LE 127,843,914

Deducted Investment needed until Operation 37,400,000

LE 932,402,670

$ 49,861,105   Net Present Value of Resort

Property Location

Country : Egypt

Governorate : South of Sinaa

City : Sharm El Sheikh