Marassi Red Edition Is It the Game-Changer in Hurghada?

Marassi Red Edition: Emaar Misr’s Game-Changer in Hurghada’s Real Estate Market

Emaar Misr, a subsidiary of the renowned UAE-based Emaar Properties, has unveiled its latest project: Marassi Red Edition, a luxurious resort development situated in the prime coastal area of Soma Bay, approximately 50 km from Hurghada International Airport.

Spanning an impressive 2,400 acres, this project is poised to redefine the Red Sea’s real estate landscape.

Strategic Location and Accessibility

Marassi Red Edition’s strategic location offers unparalleled access to key destinations:

• Proximity to Hurghada: Just a short drive from Hurghada, ensuring easy access to urban amenities.
• Access to Major Roads: Located near the Hurghada–Safaga Road and the Hurghada–Soma Bay Road, facilitating smooth connectivity.
• Nearby Attractions: Close to renowned areas like Sahl Hasheesh and El Gouna, enhancing its appeal to tourists and residents alike.

Project Features and Offerings

Diverse Residential Options

Marassi Red Edition offers a variety of upscale residential units to cater to different preferences:

• Chalets: Starting from 90 sqm, ideal for small families or vacation homes.
• Townhouses and Twin Houses: Spacious units offering a blend of privacy and community living.
• Standalone Villas: Luxurious villas with expansive layouts for those seeking exclusivity.

World-Class Amenities

The development promises a plethora of amenities to ensure a high-quality living experience:

• Beaches and Water Features: 1.8 km of pristine beachfront, swim-able lagoons, and a water park.
• Recreational Facilities: Multiple swimming pools, a spa, a gym, and green pedestrian-friendly walkways.
• Dining and Retail: A variety of restaurants, cafes, and retail outlets to cater to diverse tastes.
• Hospitality Services: Plans for 12 luxury hotels, enhancing the resort’s appeal to tourists.

Investment Potential and Economic Impact

High Rental Yields

Investors can expect attractive returns due to:

• Strong Demand: High occupancy rates during peak and shoulder seasons.
• Currency Advantage: Potential for strong Euro and Dollar-based rental income.
• Low Maintenance Costs: Efficient property management ensuring cost-effectiveness.

Economic Contributions

The project is set to significantly impact the local economy by:

• Job Creation: Providing employment opportunities during and after construction.
• Boosting Tourism: Attracting international tourists, thereby increasing demand for local services.
• Infrastructure Development: Enhancing local infrastructure, benefiting surrounding areas.

Emaar Misr History: Pioneering Excellence in Egypt’s Real Estate Landscape

Established in 1997 by Mohamed Al Abbar, Emaar Misr is a subsidiary of the renowned UAE-based Emaar Properties.

Since its inception, Emaar Misr has been at the forefront of transforming Egypt’s real estate sector, introducing innovative and luxurious developments that have set new benchmarks in the industry.

🌟 Notable Projects by Emaar Misr

• Uptown Cairo: Located in the heart of Cairo, this project is renowned for its elevated location and luxurious living standards.
• Mivida: Situated in New Cairo, Mivida offers a blend of modern living with green spaces, emphasizing sustainability and community living.
• Marassi: A coastal development on the North Coast, Marassi combines Mediterranean charm with world-class amenities, attracting both local and international residents.
• Cairo Gate: Located in Sheikh Zayed City, Cairo Gate is a mixed-use development that integrates residential, commercial, and recreational spaces.

Emaar Misr’s commitment to excellence is evident in its diverse portfolio, each project reflecting the company’s dedication to quality, innovation, and sustainability.

Conclusion

Marassi Red Edition by Emaar Misr stands as a testament to the potential of Hurghada’s real estate market.

With its strategic location, diverse offerings, and promising investment returns, it presents a compelling opportunity for both local and international investors.

As the project progresses, it is expected to play a pivotal role in shaping the future of the Red Sea’s real estate landscape.

For more information or to explore investment opportunities, please contact Aqar Property.
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