Marina 2 North Coast is a popular destination for tourists and locals in Egypt. This luxurious resort is in the heart of Marina, a beautiful coastal city on Egypt’s North Coast. With its stunning beaches, crystal-clear waters, and breathtaking views, Marina 2 North Coast is the perfect place to relax and unwind.
Some key features of Marina 2 North Coast include:
- A wide range of accommodation options, including villas, chalets, and apartments
- Private beaches and swimming pools
- A variety of restaurants and cafes serving delicious food and drinks
- Shopping centers and entertainment facilities
- A range of water sports and other outdoor activities
Marina 2 North Coast offers something for everyone, whether you are planning a family holiday, a romantic retreat, or an exciting adventure with friends. With its stunning natural beauty, luxurious amenities, and friendly staff, it’s no wonder that this resort is one of the most popular destinations in Egypt’s North Coast.
Overview of Marina 2
Marina 2 is a mixed-use development project located in the prime location of North Coast, El Alamein. It is an upscale hotel that provides an array of residential and commercial properties, including chalets, villas, and retail spaces.
Location and Accessibility
Marina 2 is in a prime location in the heart of North Coast, El Alamein. It is easily accessible from Cairo via the Alexandria-Matrouh road. The resort is located near Bibliotheca Alexandrina, and it is only a few minutes away from Porto Marina El Alamein.
History of Marina 2
Marina 2 was developed by one of Egypt’s leading real estate developers. The project was designed to offer its residents and visitors a luxurious lifestyle. The resort features many amenities, including swimming pools, tennis courts, and a clubhouse.
Some key features of Marina 2 include:
- A wide range of residential and commercial properties
- Luxurious amenities and facilities
- Prime location in North Coast, El Alamein
- Easy accessibility from Cairo via the Alexandria-Matrouh road
Marina 2 is an ideal destination for those looking for a luxurious lifestyle in a prime location. With its world-class amenities and facilities, Marina 2 is a perfect place to relax and unwind.
Property Types
Marina 2 North Coast offers a diverse range of properties for sale, including chalets, apartments, villas, and duplexes. Each property type has unique features and benefits that cater to different needs and preferences.
Apartments
Marina 2 North Coast has a variety of apartments for sale that range in size and style. They are perfect for individuals or small families who prefer a low-maintenance lifestyle. The apartments offer a comfortable living space with modern amenities like swimming pools, gyms, and security.
Villas
Villas for sale in Marina 2 North Coast are perfect for larger families or those who desire more space and privacy. The villas offer a luxurious living experience with spacious rooms, private gardens, and stunning sea or lake views. They also have modern amenities like air conditioning, high-speed internet, and security systems.
Chalets
Chalets for sale in Marina 2 North Coast are perfect for those who want a cozy living space near the beach. The chalets offer a comfortable and affordable living space with stunning views of the sea or lake. They have modern amenities such as air conditioning, high-speed internet, and security systems.
Duplexes
Duplexes for sale in Marina 2 North Coast offer a unique living experience with two levels of living space. They are perfect for families who desire more space and privacy or for those who want to entertain guests. The duplexes have modern amenities like air conditioning, high-speed internet, and security systems.
All things considered, Marina 2 North Coast provides a range of real estate for sale to suit various requirements and tastes. Whether looking for a cozy chalet or a luxurious villa, Marina 2 North Coast has something for everyone.
Investment Opportunities
Market Trends
Marina 2 North Coast is experiencing a surge in investor interest, with an increasing number of marina properties sold in recent years. In 2020 alone, over $405 million worth of marina investments were traded, compared to $374 million in 2019. This indicates a growing demand for marina properties as an investment opportunity.
The average cost to store a boat in an outdoor marina is around $50 per square foot per year. For an average recreational boat length of 16 feet and a smaller marina with 250 berths, that comes to just around $250,000 in operating revenue from boat storage. This makes investing in Marina 2 North Coast a potentially lucrative investment opportunity.
Under Market Price Listings
Investors looking for under-market price listings may find opportunities in Marina 2 North Coast. Cap rates on marinas can vary from 8% to 14%, with averages falling between 9.5% and 10.5%, according to the CCIM’s industry snapshot on the subject. Properly positioned marinas with consistent cash flow can trade below this range, allowing investors to buy real estate at below-market rates.
Properties for sale in Marina 2 North Coast are available through various real estate agencies and online marketplaces. Before investing in any property, investors must perform extensive research and due diligence. A careful analysis of market trends and under-market price listings can help investors make informed decisions and maximize their returns.
Amenities and Features
For individuals looking for an opulent coastal lifestyle, Marina 2 North Coast is a desirable location thanks to its features and amenities. Here are some of the notable amenities and features offered by Marina 2 North Coast:
Sea and Lake Views
Marina 2 North Coast boasts stunning views of the Mediterranean Sea and the nearby lake. The breathtaking sea view provides residents with an uninterrupted view of the sparkling blue waters. The lake view is equally impressive, with the lake providing a serene and peaceful atmosphere. The views are accessible from the comfort of the private gardens and balconies, making it an ideal location for relaxation and entertainment.
Private Gardens
Marina 2 North Coast offers spacious private gardens that provide residents with ample space for outdoor activities and entertainment. These gardens are well-maintained and offer a range of amenities, including private pools, BBQ areas, and outdoor seating. The gardens are perfect for hosting gatherings and enjoying the beautiful weather.
Community Facilities
To To meet its residents’ needs, Marina 2 North Coast provides a variety of community amenities. These facilities include shared swimming pools, spas, gyms, and children’s pools. The community facilities are well-maintained and provide various amenities, making it a perfect spot for families and individuals seeking a luxurious coastal lifestyle.
Other notable amenities and features offered by Marina 2 North Coast include:
- Maids Room
- Study
- Central A/C
- Built-in Wardrobes
- Kitchen Appliances
- View of Landmark
- Covered Parking
Overall, Marina 2 North Coast offers a range of amenities and features that make it the perfect spot for people who want a luxurious coastal lifestyle. Its stunning sea and lake views, private gardens, and community facilities make it a desirable destination for families and individuals.
Buying Guide
Payment Plans
When buying a property in Marina 2 North Coast, it is important to consider the available payment plans. Many properties offer installment payment plans, allowing buyers to pay for their property over time. These payment plans can be helpful for those who cannot afford to pay for their property in full upfront.
Before choosing a payment plan, it is important to consider the terms and conditions of the plan carefully. Buyers ought to make certain they comprehend the interest rates, payment schedule, and any penalties for missed payments. It is also important to consider the down payment required for the property.
Popular Searches
Buyers can consider several popular searches When searching for properties in Marina 2 North Coast. These searches include two-bedroom, three-bedroom, four-bedroom, and five-bedroom properties for sale.
Buyers should consider their needs and budget when choosing a property. It is important to choose a property that meets their needs in terms of size and amenities but also fits within their budget.
When searching for properties, buyers should also consider the property’s location. Properties that are closer to the sea or have sea views may be more expensive but may also offer better amenities and a better view.
Overall, when buying a property in Marina 2 North Coast, it is important to carefully consider all available options and choose a property that meets the buyer’s needs and budget. Purchasers are able to identify the ideal property by considering payment plans and popular searches.
Living in Marina 2
Marina 2 is a prime location on the Mediterranean Coast, offering a luxurious lifestyle with various amenities and attractions. The community is known for its beautiful beaches, crystal-clear waters, and stunning landscapes.
Local Cuisine and Dining
From informal cafes to fine dining establishments that satisfy all tastes and preferences, Marina 2 has a wide variety of dining options. Italian, French, and Egyptian cuisines, among others, are available for visitors to enjoy. Some of the popular restaurants in Marina 2 include:
- La Piazza
- Lucca Steakhouse
- Mezzaluna Restaurant
- Costa Coffee
Entertainment and Leisure
Marina 2 is an ideal location for those who enjoy an active lifestyle. The community offers various activities and entertainment options, including
- Water sports: Jet skiing, parasailing, and windsurfing are just a few of the activities available to visitors.
- Beach clubs: Marina 2 is home to several beach clubs, offering private access to the beach, swimming pools, and other amenities.
- Golf: The community is home to a world-class golf course offering breathtaking views of the Mediterranean Sea.
- Shopping: There are several upscale boutiques and stores where guests can purchase anything from designer clothes to opulent accessories.
Marina 2 is a luxurious community offering a variety of amenities and attractions to visitors. Whether you are looking for a relaxing beach vacation or an active lifestyle, Marina 2 offers everyone something.
Prospective Buyers’ Information
First-Time Buyers
If you are a first-time buyer looking to invest in Marina 2 North Coast, there are a few things you need to consider. The area is known for its beautiful beaches and amazing views of the sea, which make it a favorite among travelers and locals. As a result, properties in Marina 2 North Coast can be quite expensive, especially if you are looking for a ground chalet or a property in the first-row sea.
However, new properties are also being developed in the area, which may be more affordable for first-time buyers. It is important to do your research and compare prices before making a decision. Don’t miss out on the opportunity to own a property in this beautiful location.
Investors
If you are an investor looking to buy property in Marina 2 North Coast, there are a few things you need to consider. The area is known for its high-end properties and beautiful views of the ocean, which make it a favorite among tourists and locals. As a result, properties in Marina 2 North Coast can be quite expensive, especially if you are looking for a ground chalet or a property in the first-row sea.
However, investing in Marina 2 North Coast is an excellent chance for investors who are interested in profit. The area is constantly growing and developing, so property values will likely increase over time. It is important to do your research and compare prices before making a decision. If you are looking for the ideal property to invest in, think about collaborating with a local real estate agent.
Comparative Market Analysis
By contrasting a property with comparable properties in the same neighborhood that have either recently sold or are presently for sale, a Comparative Market Analysis (CMA) can be used to estimate the value of a property. This analysis considers various factors, such as location, square footage, features, lot size, number of bedrooms and bathrooms, age, and condition, to provide an estimate of the property’s worth.
Nearby Areas
Marina 2 North Coast is in a prime location, surrounded by several prominent areas such as Marassi, Marina 3, and Marina 5. These areas are known for their luxurious properties and high-end amenities.
For example, Marassi is a master-planned community that has a variety of residential real estate, such as apartments, townhouses, and villas. Homebuyers choose it because of its top-notch amenities, which include a beach club, marina, and golf course.
Marina 3 and Marina 5 are renowned for their upscale properties, with amenities like swimming pools, gyms, and private beaches. These areas offer a luxurious lifestyle, making them attractive to those seeking high-end properties.
Price Comparisons
Regarding price comparisons, Marina 2 North Coast is priced affordably in relation to nearby properties, and The following are some of the price comparisons for properties in the vicinity:
- Properties for Rent: The average rental price for a two-bedroom apartment in Marina 2 North Coast is around $1,500 monthly. This is comparable to nearby areas, such as Marassi and Marina 5, where the average rental price for a similar property is around $1,600 per month.
- Marina El Alamein: Properties in Marina El Alamein, located close to Marina 2 North Coast, are priced higher than those in Marina 2 North Coast. The average price for a two-bedroom apartment in Marina El Alamein is around $250,000, while the average price for a similar property in Marina 2 North Coast is around $200,000.
In conclusion, Marina 2 North Coast offers a competitive value-for-money proposition compared to other properties in the area. Its prime location, coupled with its luxurious amenities, makes it an attractive choice for those seeking a high-end lifestyle.
Frequently Asked Questions
What types of properties are available for rent in Marina 2 North Coast?
Marina 2 North Coast offers a variety of rental properties, including apartments, villas, and chalets. These properties range in size from one to four bedrooms, making them suitable for individuals, couples, and families.
How do the prices compare for different property types in Marina 2 North Coast?
The prices for rental properties in Marina 2 North Coast vary depending on the type of property and its size. Generally, apartments are the most affordable option, while villas and chalets are more expensive. However, prices can fluctuate based on factors such as location and amenities.
What amenities are typically offered in Marina 2 North Coast rental properties?
Marina 2 North Coast rental properties typically have various amenities to make residents’ lives more comfortable. These amenities may include air conditioning, Wi-Fi, cable TV, fully equipped kitchens, and laundry facilities. Some properties may also offer access to swimming pools, fitness centers, and other recreational facilities.
Can you provide insights on the real estate market trends for Marina 2 North Coast?
Marina 2 North Coast’s real estate market is experiencing steady growth. Property values have risen recently, making it a good time to invest in the area. However, as with any real estate market, there are always fluctuations, and it is important to research before making any investment decisions.
What are the most highly recommended areas for families within Marina 2 North Coast?
Marina 2 North Coast offers several family-friendly areas that are highly recommended for those with children. Some of the most popular areas include Al-Alamein, Sidi Abdel Rahman, and Marassi. These areas offer families a range of amenities and activities, such as parks, playgrounds, and beaches.
What is the process for purchasing a property in Marina 2 North Coast?
The purchasing process in Marina 2 North Coast is similar to that of other real estate markets. Working with a reputable real estate agent who can guide you through the process and help you find the right property for your needs is important. Once you have found a property you are interested in, you must negotiate a price with the seller and complete the necessary paperwork to finalize the sale.
