Thread: Hurghada Dreams
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Old 28-10-2007, 12:41 PM
Ash Ash is offline
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Join Date: Oct 2007
Posts: 6
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Hi awahee,

I have ben to Egypt a couple of times and really liked it, admitedly I have not seen where this develpment is in person. I have been supplied with alot of photo's take from the site and at the moment there are few concrete pillars in the ground only (so not much to see). I have put a 2000 pound deposit on a two bed apt, and shortly the first installment will be due.

I have used the lawyer that was advised by the agent, the lawyer is listed on the British embassy website. BUT my main concern is that I don't really understand the legel process - am I giving my lawyer power of attorney? and doesnt this mean he can do whatever he likes?!? The other threads on this site have also raised a good issue of registration as my contract states that I have to pay 5% to the developer whenever I sell (which my lawyer advises is only applicable until I register the property)

Any advise appreciated

Ash
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