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Home > Africa > Egypt

Investment Opportunity in Egypt



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Page Views: 1808
Added: 10/12/2006
Updated: 06/30/2008
Advert ID
: 40645

About this 3 - Semi-Detached

5 Star Resort on the Red Sea Coast only 1.5 hours south of Cairo and less than 2 hours from Hurghada. Only 60km from Ain Sukhna. Excellent location on the beach, with some of the best diving in the World, so they claim! But the logistics bare this out.

The year round climate, consist water temperature and currents, encourage tropical marine life at it`s most colourful. This is an investment however, the Due Diligence process has been completed by one of London top International Property Lawyers and reports are very encouraging.   

The units are 3 bedrooms, 2 bathroom, with lounge, Kitchen and garden & terrace. 

Rentals will be managed by the resort and many tour operators are ready to block off units and provide excellent returns. The Promotors are confident rental income will average 10%, only a limited number of these villas remain,  Call Oyster International on 020 8390 8001.

www.oyster-international.com


City/Town: Zafarana
Address of Property: Zafarana Resort
Postcode/Zip: KT6 7AB [map]
Bedrooms: 3
Reception Rooms: 1
Bathrooms: 2
Type of Property: Semi-Detached
Price: EUR 109995.00 [convert]

Features

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

Extra Features

Air Conditioning, Deck, Hardwood

Area Information

With Property values some 25-35% 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 investment affordable to everyone.

Contact Information

Email Seller: Email Seller
Contact person:  rent homeOyster International
Advertiser Type : used carEstate Agent
Phone:  used car00 44 (0)208 390 8001
Sellers City, County :  Surbiton Surrey 00 44 208 390 8001
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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