
Hi PI,
I too looked at zafarana for a while as Im eager to invest in Egypt soon before its too late!!
Already since Last year alone apparently prices have already doubled and theres still capital growth expected for the next year or so!
In the end I was unsure of its location so didnt persue it further!
Also the project requires 100% payment upfront- but is held in escrow and released at stages throughout the construction period!
With regards to rental guarentees unfortunately you never get anything for free Im afraid!
Rental guarentees are a sales and marketing stunt offered by developers through agents in order to help sell their properties quickly and make them look more attractive to buyers!!
RENTAL GUARENTEES- These are already included in the price the property that you are paying for in the first place as they add them into the sales price- so if fact you are paying the rental return guarentee yourself -not them!!!
Developments and properties without rental guarentee tend to be cheaper to buy because of this!
See ya D
