Malaki Club is aimed primarily for investment purchasers who will benefit from the fact that Samra Bay is the only development in Hurghada currently that can be bought as part of a SIPP plan. The resort offers a beachfront location with a marina, a unique lagoon, mature landscaped gardens, own private beach, superb facilities to rival any 5* hotel, including a Spa and Wellness Club. The unit will be managed jointly by the developer and one of the world’s major hoteliers. This will enable all purchasers to enjoy a guaranteed income.
The development offers investors a Guaranteed Rental income for a minimum of 8 years, adjusted for inflation with increases year on year after the first 2 years and is guaranteed by one of the major banks. Samra Bay also offers a Guaranteed Buyback Scheme. Investors are guaranteed a minimum return of 80% on their capital over a 8 years period, while being able to enjoy three weeks' personal useage each year to enjoy the resort facilities.
Malaki Club is made up of 160 units with a mixture of Studio, 1 bedroom and 2 bedroom apartments. All units are finished to a high standard using the highest grade materials. All the residences benefit from Satellite TV, Internet connections, full kitchens and have spacious terrace areas. The bathrooms will benefit from luxury fixtures and fittings including a hydro massage shower in all the apartments.
The apartment buildings will be 6 storeys high by completion. There are 6 different apartment types in the Malaki Club; 1 type of Studio, 2 types of 1 bedroom and 3 types of 2 bedroom.
* 80% Net Return is calculated from Rental Option 1 in conjunction with the developer Buy Back Option
** Letter comes from the Banks after the initial 40% payment has been made.
† Not applicable when purchase with a SIPP or Similar pension wrapper