
17-04-2008, 08:10 PM
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Banned
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Join Date: Jan 2008
Posts: 1,437
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Quote:
Originally Posted by redangel7861
Dear All.
I have just got back from the meeting with the directors. I can report that a website should be up and running next week with prices and sizes of apartments.
I believe that the developers or relevant agents will be sending e-mails in blocks of say 10 to 15 to people on the list. Depending on what number you are on the list you will have a choice of apartments to choose from via an online service. Once you have chosen your apartment the apartment will be blocked out and you will receive an e-mail confirming you reservation.
I was very impressed with the development as a whole and it will be better than anything on offer in Hurghada in terms of location, views, finishing, management, and resort status.
The issue of communal area was discussed. I believe paying for the communal area is common in Hurghada and the issue is discussed in detail below:
Definition of common Areas
At this stage I would like to distinguish between individually owned apartments and the common parts of the properties. In the cases where several individually owned apartments are situated in one building, every owner of the individual apartment owns also a part (common and abstract) of the common parts – entrance, stairways, corridors, etc. In the case of Hania being a high end luxury development with ‘resort status’ , the common parts include also facilities such as the roof terrace, glass fronted reception area and many other common facilities to be used by any of the owners and guests.
All apartments in accordance with the legislation receive the corresponding common parts based on their own sq. m., e.g. the bigger the apartment is – more common parts (m2) it receives and this is a condition that is implemented by the designers of the property.
I personally do not consider that this approach in incorrect and is common practice in all such developments. In a nutshell the more the common parts are, the more are the common facilities that are to be used by the owners and visitors.
With regards to Hania the common areas are roughly 10% greater than the average due to the luxurious nature of the resort. Please note that it has not been decided how much of the common areas will be included in the gross area (hence paid for) which is still to be decided.
So in conclusion paying for communal areas is common practice in Egypt.
I found the developers to be honest and open in their discussions and our conversations were frank and to the point. I believe that we won't be dissapointed once the plans are released, and me and my collegues are definately proceeding with our purchase on the Hania Beach resort!!!!
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Great news Red we will wait till next week then 
Last edited by totallyproperty; 17-04-2008 at 09:22 PM.
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