
The Zafarana Beach Resort consists of over 600 individual one and two bedroom properties within a gated development with 24h security and concierge services. Currently released, there are 153 five star boutique one-bedroom apartments located front line of the resort, approximately twenty metres from the beach. As well as 108 two-bedroom apartments located at the entrance of the resort, these apartments consist of three separate designs, Garden apartments, middle apartments and Penthouses. All apartments within the Zafarana Beach Resort will be built to a high specification with individual outdoor space.
There is a bank backed 5-year rental guarantee on the two bedroom apartments, which is expected to average at 10% over the five years. For the one-bedroom apartments, there will be a pooled rental system available at completion where all investors will receive a rental income based on occupancy levels.
Furniture packs will also be available at completion with an inclusive 5-year guarantee. Completion is expected in summer 2008.
Because all incidental costs during the five-year rental period are charged to the rental organisation, you have the joys of your holiday home, but not the burdens.
The Zafarana Beach Resort is an ideal investment opportunity for those investors seeking high rental returns and capital appreciation at low entry levels.