Egypt - Zafarana

FAQ's :: Location Details :: Floor Plans :: Project Facilities :: Prices & Payment Terms

This property has been selected as a HOT DEAL!!!

A Fantastic Opportunity to Invest in Egypt - Extremely Affordable Prices and Excellent Rental Guarantee

Situated on the Red Sea, Zafarana Beach Resort lies to the south of Cairo and the north of Hurghada. This beautiful front line 5-star resort on the magnificent sun-drenched Egyptian Riviera offers a range of stunning, high-spec one and two bedroom apartments, all with individual outdoor space and some with a prime beach-front location. The 153 five star boutique one bedroom apartments, which are run under a hotel style of management, are located front line of the resort, approximately twenty metres from the beach. There are currently 108 two bedroom apartments released in the Zafarana Beach resort. Located at the entrance of the resort, these apartments consist of three separate designs, Garden apartments, Middle apartments and Penthouses.

Furniture packs are available as an optional extra, however should you wish the Management Company to rent out your apartment, the furniture packs are compulsory.

The resort has excellent on-site facilities, including fresh and salt water swimming pools, Wellness centre, shops, botanic gardens, bars and restaurants The development is set to boarder an 18 hole Golf course, however if you wish to venture further afield there is a Golf course at the resort of Stella Di Mare which is situated 60km north of Zafarana with an 18-hole Championship Course currently under construction 30km north of Zafarana.

Zafarana Beach Resort is located between the town of Zafarana and the Red Sea coastline in a virgin and recently discovered diving and snorkelling area. The resort stretches down to the sea and offers fabulous opportunities for sport and recreation, both on and under the water, with fantastic diving facilities, unspoilt coral reefs teaming with tropical fish, situated just off the developments private beach. The resort also provides excellent access to St Anthony's and St Paul's Monasteries with tours readily available.

The development is being built to international standards; each stage of construction will be monitored to ensure strict compliance. The development comes with a five year structural guarantee.

COMPLETION DATE: Summer 2008

Rental Guarantee

The Zafarana Beach Resort is an ideal investment opportunity for those investors seeking high rental returns, capital appreciation, low entry levels and portfolio diversification.

There is a Bank backed rental guarantee on the two bedroom apartments which is expected to average at 10% over five years.

There is no rental guarantee on the one bedroom apartments, these will work on a pooled rental system where all investors will receive a rental income based on occupancy levels.

The Hotel apartments will be managed by a reputable management company to EU standards.

Key Features

• Front line 5-star development
• Prices starting from €26,500
• Full range of facilities including pools, restaurants, nightclub and marina
• Private beach and coral reef
• Average 10% rental guarantee available for five years
• Freehold ownership
• Excellent capital appreciation
• Due diligence conducted by UK based lawyers
• Renowned as the world's premier diving site
• A new airport will be constructed 30km to the north of the development

Zafarana Beach Resort is situated approximately two and a half hours north of Hurghada and one and a half hours south of Cairo; both of these cities have international airports with both chartered and direct flights from the United Kingdom. Limo and bus transfers are available.

There is an airport being planned at Ain Soukhna approximately half an hour north of the resort, which will provide excellent access for visitors and investors alike, this is due for completion in 2010.

FLOOR PLAN - 1 BED APARTMENT	FLOOR PLAN - GARDEN APARTMENT & MIDDLE APARTMENT	FLOOR PLAN - PENTHOUSE
DIMENSIONS - 1 BED APARTMENT	DIMENSIONS - GARDEN APARTMENT	DIMENSIONS - MIDDLE APARTMENT
DIMENSIONS - PENTHOUSE

The stunning high-spec apartments at Zarfarana Resort have individual outdoor space and some with a prime beach-front location The 153 one bedroom apartments are located front line in the resort, approximately 10 metres from the beach. All homogeneous in design these apartments have a private balcony.

There are currently 108 two bedroom apartments released in the Zafarana Beach resort. Located at the entrance of the resort, these apartments consist of three separate designs, Garden apartments with terrace and private garden, Middle apartments with private balcony and Penthouses with roof top terrace and private balcony.

Features:

• Reception & Room service
• 24 hour concierge
• In-house serviced laundry
• 24 hour in-house security services
• Salt and fresh water swimming pools
• Marina
• Private beach and coral reef
• Scuba diving school and water sports
• Diving shop
• Restaurants
• Bars
• Nightclub
• Amphitheatre
• Proposed off-road motor sport centre (20 km North of the resort)
• Tour services for water and desert activities
• Shops & Supermarkets
• Wellness centre
• Fitness centre
• Botanic gardens
• Tennis & Squash courts
• Mini golf
• Medical and Dental surgeries
• Shuttle & Limo service
• Wireless Internet connection in all rooms

Property Type	AUD	USD	EUR	GBP
1 BED APARTMENT FROM	44,632	34,868	26,500	17,783
2 BED GARDEN APARTMENTS FROM	75,705	59,145	44,950	30,164
2 BED MIDDLE APARTMENTS FROM	67,284	52,566	39,950	26,809
2 BED PENTHOUSE FROM	84,126	65,724	49,950	33,519

Payment Plan Reservation Fee of Euros 2,500 required to reserve the property.
The full property purchase price less reservation fee is to be paid within 10 working days to the Escrow Account.
The Escrow Account holder will release the stage payments as follows:

Installment	Percentage	Expected Date
1st Installment	10%	On commencment of construction
2nd Installment	10%	On commencement of foundations
3rd Installment	20%	On commencement of concrete construction
4th Installment	15%	On commencment of of wall and roof construction
5th Installment	15%	On commencment of plastering
6th Installment	10%	On commencement of finishing work
7th Installment	10%	On commencement of all building facilities
Final Installment	10%	After inspection and delivery

Maintenance Fee:

• Applicable on 1 Bed Apartments 50 Euros per month

Furniture Packs:

• 1 Bed Apartments: 3,500 Euros
• 2 Bed Garden Apartments: 7,450 Euros
• 2 Bed Middle Apartments: 6,950 Euros
• 2 Bed Penthouse Apartments: 8,450 Euros

For Further information, please complete this form and we will get back to you.

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