Why invest in Azzurra?
- A low cost investment with high potential returns
- Sahl Hasheesh is an underdeveloped area of the Red Sea Riviera, and in comparison to the popular Sinai resorts such as Sharm El Sheik, it offers much greater potential for capital growth
- All properties are freehold and there is no capital gains tax in Egypt
- There is no taxation whatsoever for non-resident owners in Egypt
- Legal fees are comparatively modest compared with Europe
- The town of Sahl Hasheesh will have premium resort facilities, and 180 million euros have already been invested purely for roads, earthworks and electricity supply
- The year round sunny climate guarantees full usage for rental with no 'closed season'
Payment plan
The Azzurra properties will have a three year build period with a payment plan to be spread over this period.
- $5,000 USD deposit
- 25% of purchase price on contract (less initial deposit)
- 75% paid in quarterly installments throughout the build period
Interested in this property
For more information on this development please contact Winkworth:
Telephone: +44 (0) 20 7691 4269
Email: international@winkworth.co.uk