Huge Rear Land for Develoment for Sale in Al Arish, Egypt

Rear Developer Investement Opportunity

I am the only Egyptian that have this 99-year lease contract in North Sinai, and I was planning to start a Marine fish project in Egypt - but I changed my plan and decided to raise fresh-water fish for the local consumer market instead. This land is a gold mine for the right person who knows how to make proper use of it as outlined below...

I am now looking seriously for a buyer for my 99-Year Lease contract agreement with the Egyptian government for a potential total land size area of 1.75 Million Square meter located 27 Kilometers west of Al-Arish city in North Sinai closer to the city of Port Said – directly on the Mediterranean sea.

The land parcel is divided as following, with the following lease details:

#1- A 50-Acres of land with a total size of 210,000 Square meters leased at a rate of only 329 L.E per Acre per year – This parcel is located 1100 meters from the Mediterranean Sea shore with a width of 400 meters facing the sea. The license was for setting up a marine Tilapia fish hatchery and fish farm, and my company lawyer has negotiated the following optional additional parcels with the North Sinai Government.

#2- An option to add the back parcel of the land which is 250-Acres extended from the land to the edge of Al-Arish highway at the same annual rate of 329 L.E per year per Acre, and the government utilities [Fresh water line and Electricity] can be extended to the entire 300-Acres with the same contract.

#3- An option to lease – or even buy - the front 1100 meters x 400 meters width from the sea shore to the edge of the parcel in point #1 at the same lease rate, or buy the parcel at an acceptable sale price if needed by the Buyer..[Current price per meter of this area is 60 L.E per square meter]

#4- A road of width 10 Meters and length of 4,000 Meters will be extended for free with the listed parcels in point #1, point #2 and point #3 to extend an inlet and outlet pipe from the sea as needed for the fish farming portion of the proposed project.

#5- The total land parcel area that the company lawyer can close the negotiations with the governor is 1.75 Million square meters at an annual lease price of 400,000 L.E!!!

#6- The total land value – if it sold on a direct sale today is 105 Million L.E assuming a sale price of 60 L.E per meter – before even extending the utilities to the land – which will double automatically its value and price - immediately after extending the utilities to the land.

#7- The land is located only 10 Kilometers from the new opened private university in North Sinai which will guarantee a total occupancy for rental properties project to serve the university students and also it is perfect as an investment as private Villas for tourism.

#8- Al-Arish city is expanding at an annual rate of 3 Kilometers to the west area - closer to Port Said, which will make the land and its housing project inside the city boarders within 9 years – and the buyer could easily convert the 99-year lease to full ownership option at that time if he desires to do so.

#9- I am willing to accept a good reasonable offer for a %100 sale from a serious Buyer and optionally works for him for up to a 2-years project construction contract agreement if he desires to do so too as an additional incentive for the Buyer.

If this offer would be of interest to you or any of your business contacts, please contact me at +1-209-676-1764 to discuss the offer details and how to move forward to close this deal within the next 90-Days.