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Home > Africa > Egypt

Invest in 5 Star Resort



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Page Views: 1976
Added: 11/28/2006
Updated: 09/10/2007
Advert ID
: 42232

About this 2 - Flat

Zafarana Resort is a 5 Star destination Resort on the Red Sea Coast only 1.5 hours Cairo, 2 to Hurghada. Beach front with full amenities and diving. Large Apartments with guaranteed 10% yield over 5 years and exceptional Capital Growth. 100%

ROI in under 9 years. Limited availbility.


City/Town: Zafarana
Address of Property: Zafarana
Postcode/Zip: KT6 7AB [map]
Bedrooms: 2
Reception Rooms: 1
Bathrooms: 1
Type of Property: Flat
Price: EUR 39995.00 [convert]

Features

Central Heating: Solar
Burglar Alarm:
Parking Facilities: Off Street
Gardens: Front & Rear
Double Glazed:
Near Shops:
Near School :
Loft:
Utility Room:
Patio:

Extra Features

Air Conditioning, Deck, Hardwood, Laminate, Range, Cooker, Dishwasher, Washing machine

Area Information

Excellent location on the beach, the Red sea boasts some of the best diving in the World, so they claim and the logistics bare this out. The year round climate, consist water temperature and currents, (Not to mention the absence of dangerous marine mammels) encourage tropical marine life at it`s most colourful. This is an investment however, the Due Diligence process has been completed by one of Londons top International Property Lawyers and reports are very encouraging. With Property values some 30-50% below established Resort areas like Sharm El-Sheikh, this new area is likely to catch up with prices rising in Egypt . Since the introduction of of the new government legistlation relaxing the restrictions of foreign ownership, New resorts are opening their doors and encouraging investors to be part of the new era of econimic freedom. Don`t forget, no capital gains of stamp duty Tax make this an inveswtment affordable to everyone. This front line resort has Guranteed returns rising from 6% in year one to 14% in year 5. Averaging 10% yield, underwritten by the Bank, so your investment and Return are `As safe as houses`. The units are 2 bedroom, 1 bathroom, with lounge, Kitchen and Balcony or terrace. Internal Area: 80m2 External Area; 16m2 or 60m2 Ground floor, and 50m2 for the Penthouses. The one bedroom units on his project are sold out. Prices range from 39,950 Euro - 59,950 Euro dependent on floor and position. Furniture pack is required - costs between 6,950 Euro - 8,450 Euro. info@oyster-international.com

Contact Information

Email Seller: Email Seller
Contact person:  rent homeNeil @ Oyster International
Advertiser Type : used carEstate Agent
Phone:  used car00440208 390 8001
Sellers City, County :  Surbiton United Kingdom
URL:  rent home279 Ewell Road
Map: View property location
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For Sale by Owner - Houses for Sale Zafarana - Sale Home in Zafarana



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