A Five star hotel for sale in Sharm El Sheikh, Arab Republic of Egypt
On March 23, 2007, the actual operation of the hotel was started and it is currently operating at full capacity
The main building is located on an area of 9685 square meters, in addition to the terraces in front of the main building
A land area of 15,000 square meters allocated by the Tourism Development Authority to accommodate workers outside the hotel grounds has been built on, and all finishes are according to the five-star level.
A building was started to be prepared on the main street for a disco, and an agreement was reached with an International Company (Space) to manage the disco, which can accommodate a thousand people.
The number of workers in the hotel is 350 people, between managers, employees and workers
The hotel consists of the following:-
- 479 rooms, including 12 suites
- 50 villas furnished with hotel furnishings (sold) to be rented for the benefit of the hotel (50% for the owner of the villa and 50% for the company that owns the hotel).
- A casino license for table games established with an international company, 50% for the benefit of the foreign partner and 50% for the company that owns the hotel.
- The restaurants:-
* Three Russian restaurants
* One Italian restaurant
* A restaurant and a bar
* A fish restaurant on the beach
* A restaurant around the swimming pool
* A restaurant in the backside of the hotel
* In addition to the outdoor terraces, which are an outdoor
- A complete commercial market consisting of 45 shops:
* 25 shops in the commercial market
*13 shops in the main building
* 07 shops on the beach in the form of wooden kiosks fully rented
with a one-year lease contract and the annually value of rents
are (7,000,200) Egyptian pounds, (US$ 375,568), rather than
other activities leased without shops on the beach.
- International diving center
- Tennis court
- Aqua park
- Health club
- Boiler wash
- Kid's club
- valet parking
- Back services area
* City electricity of 7 megawatts capacity.
* 2 no's of generators with a capacity of 1200 kilowatts each, in the event of a government power outage.
The following are available in hotel as well:-
- sewage treatment plant
- Water desalination plant
- Land scape
- Water tank with a capacity of 1200 cubic meters
* Four connected swimming pools
* Heated swimming pool
* Five other swimming pools scattered in the hotel areas.
The hotel price is $71 million
Contact person is:
Nasser Al Rawahi
+973 33 99 88 02
Sharm El Sheikh, South Sinai, Egypt