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Go Back   Overseas Property Investment Forum > Africa Property > Egypt property

Egypt property The property market in Egypt is primarily focused around the Red sea and Mediterranean coastline. Property investors are also buying in and around the main urban hubs of Cairo, Alexandria and Luxor, The Egyptian governments pro-active policies for attracting overseas investment has created an economic climate geared for growth in the Egyptian property market. Do you agree? Please state your views and opinions here on our new Egyptian property forum.

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Gamsha Bay Update - Page 4

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  #31  
Old 04-12-2007, 02:10 PM
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You are right Paul it is all speculation at the moment,I suppose we will have to wait and see what happens when the development is released..
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  #32  
Old 04-12-2007, 11:34 PM
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Release was suppose to be in October, now it is probably January.
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  #33  
Old 04-12-2007, 11:45 PM
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Default January 2008 has been confirmed to IPD

I cannot release the exact day. But long time coming none the less.

But then again we had a date for the launch back in June - then July - then August - and then we gave up on dates....

Paul

Hopefully the project is as good to the buyers, be it investment or for personal use as it seems to be.
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  #34  
Old 04-12-2007, 11:58 PM
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What Exactly is the issue on why they haven't released it as yet, anybody know?
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  #35  
Old 05-12-2007, 04:37 PM
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The guys at Damac will start posting here soon, and perhaps outline true starting prices.
I had a conversation with the team yesterday and outlined that there was lots of guessing going on.....! I gave them the link to the forum.
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  #36  
Old 05-12-2007, 04:41 PM
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Excellent ,we welcome some more information regarding this development as no one seems to know what is exactly going on.
Hopefully we can get some first hand information from the people at Damac.
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  #37  
Old 05-12-2007, 05:02 PM
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Default Damac Staff

The Damac staff UK and elsewhere only know what comes out of head office. The main agents like us who are linked into head office get the information at the same time. There is a good deal of frustration on all quarters which should be sorted soon. Of course we cannot operate without our contacts at Damac which we value highly.

Paul
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  #38  
Old 06-12-2007, 02:11 PM
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hi may i've some info my e-mail ilyesghorbel@yahoo.fr
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  #39  
Old 06-12-2007, 09:04 PM
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Please share your info with the forum,is it hearsay or does it come from the horses mouth?
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  #40  
Old 13-12-2007, 01:00 PM
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Thumbs up New launch in New Cairo

Damac launched a new project in New Cairo " Hyde Park" - beautiful villas,
anyone want to have more information?
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