Overseas Property News
Spain
Bulgaria
Cyprus
Portugal
France
Turkey
Italy
Thailand
Greece
Brazil
Egypt
Hungary
Germany
Dubai
Dominican Republic
United States
Malta
Croatia
Morocco
Cape Verde
Egypt's Red Sea Riviera a Property Hot Spot at Zafarana
A new luxury beach resort on The Red Sea at Zafarana Egypt is set to become a property hot spot in Egypt. The 5 star resort is one of a relatively new breed of developments emerging in Egypt and will attract divers, investors and holidaymakers to its virgin reefs and pristine waters.
Most people are familiar with the best known diving regions of Sharm El Sheikh, Hurghada and Taba. With huge numbers of visitors to dive sites in these areas, over recent years there has been a push to enable access to some of the more secret untouched diving locations in the Red Sea. One of these new emerging diving hot spots is located around Zafarana, situated in between Cairo and Hurghada.
The Red Sea is widely regarded as the premier diving destination in the world offering value for money, reasonable travel times and amazing reef and wreck diving opportunities. These factors also provide the basis for a booming property market with investors, holiday makers and divers taking advantage of the sound investment potential of property on the Red Sea Riviera.
Consequently, a luxury, five star, beach-front resort is currently under construction on the shores of the Red Sea near Zafarana. With 2,500 units the development will provide both holiday makers and experienced divers, the opportunity to explore areas previously not offered on a commercial basis. The Zafarana Beach Resort is one of a relatively new breed of developments emerging in Egypt, as savvy developers are creating high spec, European standard builds with first class facilities. What makes this particular development unique is not just the tennis courts, spas, restaurants and swimming pools, but for divers it is the on-site dive school, dive shop and dive safaris that will be run from the resort.
With three virgin reefs which have never been commercially dived, this development is an exciting prospect for all those looking to discover spectacular new locations to explore. The pristine waters are home to a vast array of marine life, from dolphins and turtles, to barracuda and a huge variety of sponges and coral. Furthermore the resort will provide day trip access to the multitude of wreck dives scattered along the coast from Zafarana to Ras Gharib, previously only accessible on stay aboard cruises.
The Zafarana Beach Resort is testament to the increasing popularity of the Red Sea Riviera as the number one medium haul destination for European holiday makers.
Zoë Waterhouse from
Fairfax Investments explains, “ this is an amazing opportunity. There are three virgin reefs less than 50 metres from the private beach at Zafarana; it is definitely an opportunity not to be missed for sun seekers, families, divers and investors alike. We are always interested in developments which offer diving facilities and easy access to dive sites as this often results in greater rental yields and high capital appreciation. However, the facilities, virgin coral reefs, private beach and the incredible starting price of only €26,500 makes this resort unique”.
With the Zafarana Beach Resort currently one of the fastest selling developments on the Red Sea, the hope is that new developments will follow suit and allow people access to other secret places in this spectacular country.
Source: FAIRFAX INVESTMENTS
Direct Line: +44 (0)207 870 7901
Mobile: +44 (0)79 1236 7952
Email: Julia(@)fairfaxinvest.com
We Can Distribute Your News
We put our clients news in front of thousands of people each day
Our news service includes distribution to Google News, our own network and 50 press release web sites all from one place
Learn more:HomesGoFast.com News Service
Overseas Property Services
Some of our most popular overseas property related services
Overseas Property News
International real estate news
Our overseas property news is updated daily and written by a team of researchers dedicated to providing quality news. Many of our contacts in the overseas property market provide us with news and a variety of other news sources.
Investment property sales
We have handled over £375m worth of property sales. If you want to enjoy success in your investments then use our experienced team!
