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Old 12-06-2008, 07:52 AM
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HORIZON HORIZON is offline
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Quote:
Originally Posted by kia11 View Post
Any kind of informations about the Azzurra will be appreciated...
Please anyone.
Good morning,

I was working once for the company that sold Azzurra... So can tell Jeremy is right. The Italian designer Alfredo Freda designed Abu Tig Marina in El Gouna, he has an extensive background and bunch of awards. The design is stunning - I saw perspectives, buildings are not high, many landscaped areas and water features, golf courses around. And elevation they say the highest in Sahl, the highest point makes about 45 - 50 meters, so sea/bay view can be reached from many apartments. And it is also close to the Old town. They are selling 2nd phase at the moment and they also bought a piece of land nearby for further development.
Company name Prime Estates is a new one, however, the 3 partners are in the business for a long time: Fady Iskender (see Jeremy's quote), Wissam Emara has much experience in developing near Cairo, Hassan Allam and Son's very famous in Egypt construction co.
Financial plan: 25% down payment and 3 years interest free if nothing has changed.
By the way they are selling for a year now, price increase was substantial - I guess from USD 1000 per sqm to EUR 1000 per sqm. However, I am off the project for some months, so...

Check Azzurra - developer's site. It will help
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Violeta Telich
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Last edited by HORIZON; 12-06-2008 at 07:54 AM. Reason: more info
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