Zafarana – Features and facilities:
- Privatebeach
- Private coral reef !
- 50% rental yield guarantee
- Very low prices
- Due for completion Summer’08
- Pools , shops, supermarket
- 24 hour Concierge facilities
- Mini Golf, Amphitheatre
- Medical/Dental facilities
- Wellness/Fitness Centre
- Night club, dive centre
- New airport 30km North in 2010
- 1,000,000 extra tourists expected
- New golf course planned near by
- Golf Course 30km North
- Due diligence by UK lawyers
- Landscaped gardens
- Fully managed/secure complex
- Tennis and Squash courts
Zafarana Beach Resort is a five star resort built right on the Red Sea coast with a beach of fine imported coral sand and protected by its own private coral reef. The resort further earns its five star badge with a stunning list of facilities.
Zafarana must be one of the most affordable and potentially rewarding overseas property investment opportunities around today.
If you can afford a £1000 deposit and can fund £100 per month then read on you can afford to buy at this incredible resort.
Generous 50% rental yield over 5 years backed by a bank guarantee covers your annual financing costs providing an annual cash flow profit.
Freehold Purchase.
Zafarana Beach Resort expects excellent capital growth with an estimate by the developer of 35% in year one. The following factors all contribute to a strong capital growth expectation:
- Apartments on Zafarana Beach Resort are being sold at prices lower than the more established resorts of Hurghada and Sharm El Sheikh.
- Good general price increases across Egypt as a whole due to investment and economic growth.
- Strong Growth in tourism.
- A new airport is under construction just 30km North of Zafarana which is expected to bring another 1,000,000 tourists to the area each year
- New golf course planned and an incredible list of resort facilities.
Un-Spoilt Diving - Zafarana will prove popular with experienced and novice scuba divers alike. With its own private reef divers can explore the almost untouched coral reef, and the more experienced diver could explore the SS Turkia ship wreck in a sheltered bay, sunk having been bombed or caught fire in 1941 this vessel was carrying vehicles, commodities and ammunition.
Diving here is expected to be less crowded and more peaceful than the busy dive resorts of Sinai and Hurghada.
Location – Zafarana is locatedby roadaround two and a half hours North of Hurghada. From Zafarana a West road route takes you to the upper Nile area, along its route can be found the impressive local tourist attraction the Monestary of St Anthony, (see pictures in picture view area).
APARTMENT SPECIFICATION AND PRICING:
1 Bed apartment £17,905 (26,500 euros), around £88 p/mnth on finance.
2 Bed apartment Garden = £33,750, (49,950 euros), around £169 p/mnth on finance.
2 Bed apartment Middle Floor = £28,547, (42,250 euros), around £143 p/mnth on finance.
2 Bed apartment Penthouse = £40,507, (59,950 euros), around £203 p/mnth on finance.
Villa = £67,570, (100,000 euros), + full furnishings and Air Con = £8,100, (12,000 euros).
All purchases carry a £710, (1.050 euro), legal costs charge and charges for furniture vary.
Deposit of only £1,000 required to reserve a unit, (1500 euros).
Financing packages are available on the one bedroom apartments. Financing packages are also available on the two bedroom apartments in phase 1 only.
For full details of all pricing and specifications please click on the red link below "Apply for more information".