Land for Sale by Owner - Beautiful Beach Front Land for Touristic Land Use
Details
MARSA MATROUH – on the beach direct
585,000 m2 with beach front 500m.
Major and suburban roads close by.
An access road can be developed.
Close to the International Coast way (about 1,000 m).
300 km north-west of ALEXANDRIA,
about 250 km to the south of SIWA.
25 km from MARSA MATROUH City.
MATROUH International Airport: 25 km.
Land Use: 20 % of total land x hight
which is an average of 3 floors:
20 % x 585,000 m2 x 3 floors
total Building Area is 351,000 m2
a higher Building Area is possible,
depends on the concept.
Preliminary Land Use Studies: by Dr. Adel Radi
Previous Chairman of Egyptian Tourist Authority.
Owner: Marsa Matrouh Co. for Tourist and Real Estate Investment
(registered in Cairo under laws of investment as a closed Share Holding Company. 9 Share Holders, 3 Board Members).
Background Informations: The area of Marsa Matrouh is a booming area for Real Estate
Investors after alone EMMAR from UAE has bought land of
6 million m2.
Many other investors followed.