Marsa North Coast Mercon Marina 5

Marsa North Coast is a serviced hotel apartment project by Mercon Developments inside Marina 5 on the North Coast, and it is under construction. Prices start from EGP 9 million for a studio (last updated October 2026), with a down payment between 5% and 25%, installments over up to 5 years, and delivery in December 2027. For comparison, look at Marina 5 North Coast and The Island Marina 5.

Marsa location and kilometer

The project sits inside Marina 5 on the North Coast, on the “Ministers’ Peninsula”, close to the Alamein Towers, Stella Marina and a number of upscale resorts. Marina 5 is at roughly kilometer 100 of the Alexandria-Matrouh road, and we recommend confirming the exact unit location on the map. New Alamein and New Alamein Airport are easy to reach from the area.

Available areas and units

Marsa offers fully finished, fully furnished apartments with hospitality management, with areas as listed by the developer:

• Studio of 45 m², starting from EGP 9 million.
• One-bedroom apartment of 60 m², starting from EGP 15 million.
• Two-bedroom apartment of 100 m², starting from EGP 20 million.
• Three-bedroom apartment of 140 m², starting from EGP 28 million.

Ownership is freehold. The apartments face the Mediterranean from the front row and are delivered furnished and equipped, under full hotel management.

Marsa prices

Prices start from EGP 9 million for the studio and rise to EGP 15 million for one bedroom, EGP 20 million for two bedrooms and EGP 28 million for three bedrooms. Dividing price by area, each square meter costs roughly EGP 200,000 to 250,000 (EGP 9 million ÷ 45 m² is 200,000, and EGP 15 million ÷ 60 m² is 250,000). That is a high level, reflecting the full furnishing, the hotel management and the location inside Marina 5, so compare it with similar furnished units before deciding. Prices vary by floor and view, and no official price list has been published.

Payment plans and delivery

Three payment plans are on offer, and the first plan is stated differently within the same page:

• Plan one: 10% down payment in the payment schedule and 5% in the FAQ, with 3 years of installments.
• Plan two: 15% down payment and 4 years of installments.
• Plan three: 25% down payment and 5 years of installments.

This means the installment period is much shorter than at other North Coast projects (up to 5 years), so the monthly installment is relatively high. As an interest-free illustration on a EGP 9 million studio under plan three: the down payment is about EGP 2.25 million, leaving EGP 6.75 million over 60 months at roughly EGP 112,000 a month. Delivery is in December 2027 (Q4 2027), and construction began in August 2026.

The developer, Mercon Developments

The developer is Mercon Developments, and Hany Saad Innovations took part in designing the resort. We recommend reviewing the company’s delivery record and its projects before booking, and confirming the written delivery schedule for the phase your unit belongs to.

Marina, beach and services

The main features of Marsa:

• White sand beach with direct beach access.
• A yacht marina inside the project and a boutique hotel (operated by Birdnest).
• Restaurants and cafes along pedestrian walkways.
• Swimming pool, gardens, green spaces and leisure facilities.
• Round-the-clock security and surveillance cameras.
• Hospitality services and hotel management for the apartments.

How to evaluate a serviced hotel apartment

A serviced apartment differs from an ordinary chalet because it is sold furnished and run by a hotel operator. Check three things: whether you can use the unit personally and for how many nights in season, how revenue is split if you rent the unit out and which operating and maintenance fees are deducted, and whether the contract ties you to the operator’s management for a set period. These points matter more when each square meter costs around EGP 200,000 or more, because any annual fee visibly affects your return. The offers available so far do not publish the management contract details for Marsa, so ask for it in writing before you pay.

Quick summary

• Developer: Mercon Developments.
• Location: inside Marina 5.
• Prices: from EGP 9 million for the studio.
• Payment: 5% to 25% down payment and installments over 3 to 5 years.
• Delivery: December 2027.

What is confirmed and what is not about Marsa

Confirmed in the data: the developer Mercon, the project’s location inside Marina 5, the unit type (furnished hotel apartments), unit areas and entry prices, and delivery in December 2027. Not confirmed: the down payment in the first plan (5% or 10%), the project area, the number of units and the kilometer marker, all of which we clarify when you contact us.

Marsa versus the rest of Marina 5

Marina 5 offers a mix of chalets, villas and apartments, with prices starting on its page at EGP 18.45 million. Marsa enters from EGP 9 million with a studio, but at a high price per meter and a shorter installment period. It suits buyers who prefer hotel management and full furnishing and are not looking for a large space. If you want more space on a similar budget, compare with the chalets in Marina 5 before you decide.

Who Marsa suits and tips before booking

The project suits buyers who want a ready, furnished and managed apartment inside Marina 5 without the effort of furnishing and operating it. It is a seasonal investment choice more than a primary home. Before booking, ask for the hotel management contract and the share of revenue split between owner and operator, confirm the annual service fees, and make sure the hotel and marina belong to delivered phases rather than future plans. Ask as well about shared booking systems and the number of nights reserved for the owner.

We also advise you to calculate the total cost, not only the price: on a EGP 9 million studio, add registration costs, administrative services and a maintenance deposit, and the operator may charge annual fees. Any percentage of these affects the expected rental return. If your goal is personal use, confirm how many nights are available to you in season and how booking works.

Why buy through West Capital

West Capital is a real estate broker that follows the North Coast and its projects daily. When you contact us, you get:

• An updated list of available units in Marsa and the actual payment plan for each unit.
• A neutral comparison with Marina 5 units and other hotel villages on price per meter.
• A review of the hotel management terms and revenue split before you sign.
• Follow-up of the booking and contract with the developer through to handover, with no fees or commission charged to the client.

To learn more, browse North Coast projects, read about Mercon Developments, and compare with Marina 5, The Island Marina 5 and Marina 6. You can also see the best North Coast villages.

Frequently asked questions about Marsa

Where is Marsa North Coast located?

Inside Marina 5 on the North Coast, on the Ministers’ Peninsula. We have not listed the kilometer marker.

How much do Marsa prices start from?

From EGP 9 million for the studio (45 m²), EGP 15 million for a one-bedroom (60 m²), EGP 20 million for two bedrooms and EGP 28 million for three bedrooms, as of the last update in October 2026.

What is the payment plan at Marsa?

Three plans: a 5% to 10% down payment with 3 years of installments, a 15% down payment with 4 years, or a 25% down payment with 5 years.

When will Marsa be delivered?

Delivery is in December 2027 (Q4 2027).

Are the apartments furnished at Marsa?

Yes. The apartments are delivered fully finished and fully furnished, under hospitality management.

Who is the developer of Marsa?

Mercon Developments, with Hany Saad Innovations taking part in the resort design.

Ask about what’s available now on WhatsApp