Red Sea Residencia - opposite the Arabia Beach Hotel - in Hurghada is on schedule and looking good.


check out the photos on this link: - Red Sea Developments (UK & Egypt) - Development Progress

There is lots of development work in the area which will be completed in good time to provide cafes / bars / entertainment etc by the time we are finished in December 2008.

Checkout the new Marina photos (close to Red Sea Residencia) on new thread it looks as good as Sahl Hasheesh.

Sea View from 2nd / 3rd and 4th floor confirmed in TWO directions

22/02/08 - brickwork underway on 2nd floor, 3rd floor column startted
28/01/08 - 3rd floor in place - brickwork on 1st floor underway
11/01/08 - 2nd floor in place - ground floor brickwork almost completed
23/12/07 - 2nd floor columns started
14/12/07 - first floor completed
03/12/07 - stairway to heaven !!!
30/11/07 - brick work started
23/11/07 - shows great view towards the sea & Arabia Beach Hotel.

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Hi

I've noted that "guests" often have no idea about Hurghada so here are a few pics of the Arabia district - in the northern part of Hurghada - only 10 mins from the airport, close to the International Ferry Port, and the new marina.

This is a new tourist area - well a big building site at the moment, that will be substantially ready within about 6 months time.

It will have one of the best sea front proms in Hurghada overlooking the large Public beach area, with lots of facilities.

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rentals are the unknown you can not believe any marketing talk yet.we need to see what happens in the next few years.

not to sure yet about the aribia area yet in hurghada.when out there could see lots of building work but was concerned about the infrastructure to support the apartments being built.is there a masterplan to look at have the council any plans thanks

Hi

There is a plan that shows the roads, plots and schools etc. What were you wanting to see. Like all building sites it will be at least another 6 months before there is any real shape to this area apart from the sea front where my apartments will be, which already has a fully serviced road with hotels, shops, and the public beach.

That is why all of this area is selling "off-plan" with dates for completion ranging from Summer 2008 to summer 2009 - my apartments will be ready Dec 2008.

Most of the development is back from the main road but many of the bigger units front onto the existing road which will get completed first I think.
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what dave2u is saying is yes its the tourists who pay the highest rent and its the tourists who have to fill the thousands of beds that will come on line in the next few years. so what was said was we have to wait and see what investors get on rental returns no one knows yet its a new market and in the uk they are being marketed with rental figures no one knows if they can be achieved ie dessert pearl 1 bedroom £110 per week long term to £150 per week you only pay £50 per week what the tourist will pay as i said we will have to wait and see?

Working here

Hello Dave
I will try my best to get up to your development one day this week and take some pictures of it and also the immeadiate areas of interest. Thats of course with your permission.

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Map from propertastic to help locate AL Arabia (AKA Arabia Beach).

It's in the top right corner on tha map.

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I will want to visit this development Derek so you could kill 2 birds with 1 stone !!

Mark .Y.