
12-06-2008, 05:04 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 andyharris
Thankyou for your comments neil, we have no investigation against us and this has been checked on numorous occassions by my legal team, we have a happy client in apt 307 of regency towers who is actually the captain of Police here, my development team has met with the Govenor of the red sea yesterday and we are assured we will have final licence approval within the next 2 weeks. the reason for the delay has been that we have improved the design added some apartments and made the sizes of the units more 'European friendly' and affordable to my demographics.
All your deposits are currently sitting in the Lawyers account and can not be forwarded to me without the license number and signed contract, refunds are available to anyone who has doubt on a no quible basis immediately, we do not make money out of a £1000 deposit our mission is to have happy clients who will be visiting us on a regular basis spending money in our bars and restaurants.
Again I am sorry about the delay but nothing moves fast in Egypt although we intend to make up time on the build schedule, I promise the wait will be worth it as we intend to build the best resort Hurghada has ever seen, please also bear in mind the prices have already gone up over 30% and will be put up again when the licence is granted so if you do cancel you will be giving your profit away.
on the point of net and gross areas, it does include built communial areas this includes stairs, lift shafts, coridoors etc. This is the only way you can own a freehold in egypt it is called a joint freehold. As you probably know you can not own a freehold flat in the UK as someone will own the land underneath and charge ground rent. So this is a real benefit and you will encounter the same wherever you buy in Egypt.
These malicious posts are untrue without proof or foundation, unfortunately in this country competitors that are unable to deliver as good a product and are unable to market as successfully as us turn to dirty tactics.
Please contact me personally if you need any more answers
Andy
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Thanks Alot Andy
I hope this will be able to clear everything for everyone
Regards
George
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