Zafarana Apartment for sale in Egypt

Property Description

The 1 bed apartments are now sold out. Only 2 bedroom apartments remain starting from 39,950 EURO



Introducing the next big investment opportunity in Egypt



- Frontline 5 star development

- Guaranteed Rental for 5 years at 10%*

- underwritten by abm amro bank

- ESCOW account finance means developer is not borrowing to finance the build

- renowned as the world's premier diving site

- excellent capital appreciation

- freehold ownership

- a new airport is in planning 30km to the north of the development

- prices start from €26,500

- Pooled Rental System

- Private beach and coral reef

- Due diligence conducted by UK based lawyers



(*10% average over 5 years)



Zafarana Beach Resort



Situated on the Red Sea, Zafarana lies to the south of Cairo and the north of Hurghada. This is where IPI are developing a range of one and two bedroom apartments set in a beautiful gated five star resort. Zafarana is being constructed as Eco-friendly with power generation through waste recycling and a desalinisation plant for the water supply.



Key Facts:

- Stunning, high-spec apartments, all with individual outdoor space and some with a prime beach-front location

- Salt and fresh water swimming pools

- A full range of on-site facilities which will include :

- The hotel apartments will be managed by a reputable management company to EU standards

- The developer has an extremely strong track record with respect to successful projects worldwide

- 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

- There is a golf course at the resort of Stella Di Mare which is situated 60km north of Zafarana. There is also an 18 hole Championship Course currently under construction 30km north of Zafarana.

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