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Egypt - Zafarana

Zafarana Beach Resort Villas

Overview

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

A Fantastic Opportunity to Invest in Egypt

Extremely Affordable Prices and Excellent Rental Return

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 three bedroom semi detached villas with balcony, terrace and garden.

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.

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.

  • Frontline 5 Star development
  • Prices starting from €99,500
  • Full range of facilities including pools, restaurants, nightclub and marina
  • Freehold ownership
  • Renowned as the world's premier diving site
  • Excellent capital appreciation
  • Due diligence conducted by UK based Lawyers
  • A new airport is in planning 30 miles to the north of the development
  • Private beach and coral reef
  • Fantastic 3 bed, 3 bath villas in the most sought after location in the resort
  • The villas have an expected rental return of €300 per rented week in the first year - expected return of approximately 6% based on a conservative 40% occupancy level
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 border 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.

COMPLETION DATE: Summer 2008

Location

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. There are several relatively unknown shipwrecks within the Zafarana area which are currently serviced by stay aboard boat cruises. 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.

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.




Floorplans

TYPICAL FLOOR PLAN - B1 TYPICAL FLOOR PLAN - B2

Project Facilities

The Zafarana three bedroom semi-detached Villas are an amazing 222 sq.metres and have a balcony, roof terrace and a 150 sq.metre garden. If required the garden can be landscaped, this will come at an additional charge.

Features:

  • 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

Price and Payment Terms

Property Type GBP EUR USD
VILLAS 73,836 110,000 150,685

InstallmentPercentageExpected Date
Deposit/Reservation€5,000On signing Reservation Form
1st Installment50%Less deposit, on signing Contract
2nd Installment25%At close of building
3rd Installment20%On completion
Final Installment5%At handover of keys

If the balance is paid in full at signing of Contract there will be a discount on the purchase price, bringing the price down to an amazing €99,500 Optional Extras

  • Furniture Packs: €12,500 (Complusory if you wish the Management Company to rent out your Villa)
  • Air conditioning: €5,000
  • Landscaping: €3,000

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

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