€ 723,800
Flat for sale in Ibiza / Eivissa town, Ibiza
- 43 m2
- 1
- 1
Description
The Unexpected Al Marjan Island Hotel & Residences represents a new generation of real estate investment: a five-star hotel residence designed for those seeking profitability, prestige, and fully professional management.
This project brings the essence of the iconic Unexpected Ibiza concept to the shores of Al Marjan Island, Ras Al Khaimah, one of the fastest-growing and most promising tourist destinations in the United Arab Emirates. Investors acquire a hotel asset within a luxury complex operated by an international brand, designed to generate income through hotel operations without the hassle of day-to-day management.
Located on the beachfront of Al Marjan Island, an artificial island that has become the country's new investment hotspot. The project’s attraction is its proximity to the Wynn Resort & Casino, just one minute away. It is positioned as the first integrated resort with a casino in the entire Gulf Cooperation Council (GCC), a landmark opening that is expected to boost international tourism, hotel occupancy, and real estate demand in the area.
The location also offers connectivity: 1 minute from the Wynn Resort, 30 minutes from Ras Al Khaimah International Airport, 40 minutes from Sharjah International Airport, and 50 minutes from Dubai International Airport.
The project features eight floors and a total of 422 hotel rooms and residences. Facilities are designed for a premium experience year-round and include multiple swimming pools, a beach club with direct beach access, a rooftop infinity pool, fine dining restaurants, an Oyster Terrace, a rooftop bar, a wellness club, a spa, a gym, meeting rooms, event spaces, VIP areas with private pools, and exclusive suites with privileged views.
This project is intended for investors, not as a primary residence. The property becomes part of the hotel and generates income through a professional hotel management system operated by Palladium Hotel Group. The owner can enjoy approximately two weeks of personal use per year, with the unit remaining integrated into the hotel operation the rest of the time.
Profitability will depend on the type of unit purchased. The most conservative projections estimate an annual return starting at 12%, which could be higher depending on the hotel's category and operational performance.
Currently, only 30 units are available within the project, distributed between one- and two-bedroom apartments.
Unit types and views:
- 5 units with ocean views, beach club, and pools
- 19 units with direct views of the future Wynn Resort & Casino
- 6 units with partial ocean views
Different configurations are available, including units with private pools and panoramic terraces. Prices range from €723,800 to €2,947,908.
Flexible payment plan during construction:
- 20% upon reservation
- 20% upon signing the purchase agreement
- 20% six months after signing the purchase agreement
- 20% twelve months after signing the purchase agreement
- 20% eighteen months after signing the purchase agreement
Project delivery is scheduled for the third quarter of 2027.
This asset combines an established international brand, an exceptional location adjacent to a major tourism project, and a hotel investment model designed to generate returns with fully professional management.
The concept is to become part of one of the most exclusive and fastest-growing hotel projects in the region.
Features
- Flat
- Bedrooms: 1
- Bathrooms: 1
- Build Size: 43 m2
- Energy Efficiency Rating: In Progress