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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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Zafarana beach resort - Page 6

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  #51  
Old 17-04-2008, 02:31 AM
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Hi everybody, could anybody tell me what a one bedroom sea front apartment in Zafarana is worth today, only we bought in dec 06, but when we look on web site they still seem to be for sale for round about £21,000, also the last time we received a newsletter was dec 07 only they are running late and we think they will soon be paying a late penalty.
I think it will remain the same for long time as Zafrana is far from any airport at least two and half hours and not attractive destination even for Egyptians as Egyptians go to El Sokhna as one hour driving from cairo and Zafarana is in the middle of no where in the desert sorry to say this but its the truth still too much time to be something
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  #52  
Old 17-04-2008, 11:20 AM
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Originally Posted by realestatemart View Post
I think it will remain the same for long time as Zafrana is far from any airport at least two and half hours and not attractive destination even for Egyptians as Egyptians go to El Sokhna as one hour driving from cairo and Zafarana is in the middle of no where in the desert sorry to say this but its the truth still too much time to be something
Hi realestatemart

your comments about Zaf are wrong its only an hour and a half from cairo, i am sick to def on agents talking rubbish. Zaf is half an hour drive from EL Sokhna. Some of the opinions maybe fair be fair about whats around Zaf but i feel i wanted to invest in an area thats new and not far from cairo.
The things that agents have said to me when i first thinking to invest in Zaf were untrue things like" a gas smell" " there are loads of factorys around"

Reynolds try to speak to Sue at IPI, Realestatemart the Zaf project was sold out a long time ago, and at the end of the day its horses for courses, you choose what you think is right for yourself either just holiday home or investment.
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  #53  
Old 17-04-2008, 11:26 AM
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Hi East London and welcome to the forum.

Have you bought on this development or are you an agent? There is an introductions thread where you can read about other investors http://www.propertycommunity.com/forum/egypt...oductions.html

Regards
Alison
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  #54  
Old 17-04-2008, 12:12 PM
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Hi Queeni40something

I have brought on this development, i am not an agent. I am also very happy with the choice of Zaf. I brought in Zaf as i wanted the best of both world, to be on the red sea and to be very near Cairo

Kind Regards
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  #55  
Old 17-04-2008, 12:18 PM
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Hi East London - congratulations on your purchase and hope all goes well for you. It is great to be able to have the best of both worlds eg the Ancient wonders of Egypt and the glorious Red Sea to relax and have fun.
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  #56  
Old 17-04-2008, 07:30 PM
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Originally Posted by East London View Post
Hi realestatemart

your comments about Zaf are wrong its only an hour and a half from cairo, i am sick to def on agents talking rubbish. Zaf is half an hour drive from EL Sokhna. Some of the opinions maybe fair be fair about whats around Zaf but i feel i wanted to invest in an area thats new and not far from cairo.
The things that agents have said to me when i first thinking to invest in Zaf were untrue things like" a gas smell" " there are loads of factorys around"

Reynolds try to speak to Sue at IPI, Realestatemart the Zaf project was sold out a long time ago, and at the end of the day its horses for courses, you choose what you think is right for yourself either just holiday home or investment.
hello
if you realy was looking for something not far from cairo you should bought in El Sokhna, and I don't fight or talk bad about any projects Ijust telling the truth, and Zafarana is not one and half hour its at least two hours if you driving on 200KM per hour speed so I don't know how you drive, I'm not against any one and I'm happy that you are happy but yourself said prices still the same while in Hurghada or Sharm prices increase every 3 months so didn't you ask yourself why? besides 2 months ago one of my clients opened a kitesurfcenter in Zafarana he couldn't have internet there and till now he still trying to have may be a lase line which will cost him fortune may be your project did the same to get telephones and connections, but realy as I go to this area alot as its near to sant Paul and sant Antony MOnastries so I know it and there is nothing in this area except some hotels and the rest house on the high way, but nothing else around only the hotle or development and nothing else
any way wish you all the best
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  #57  
Old 18-04-2008, 12:04 PM
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realestatemart

You claim El Sokhna is one hour drive from cairo can you also tell us how long to take to drive from El Sokhna To Zafarana{ I know its half an hour away, as i have also done this run many times. So add one hour to half an hour and you came to an hour and a half. Thats close to me? If you also do this run, you will also notice loads of other developments also going up from El Sokhna to Zaf. the marina is also going to be between El Sok and Zaf, Also the developer will be building another development in the same area.

You also claim to not speak bad you are, your comments have no relation to reynolds post!!! Please correct me if i'm wrong. Why bring Hurghada and Sham in to this. As i said to you earlier its horses for courses.

Can you tell me in my other posts where i have said the prices's are still the same in Zafarana the fact is the did not say that??? Whats you client kitesufcenter got to do with me are you telling me that i can't call East London once i am in my development?

To put it in a nut shell i am very happy with the location and the developer in fact the developer is the same one who's doing the marsa alam beach resort

There are many other places in egypt to EITHER INVEST OR TO BUY A HOLIDAY HOME.
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  #58  
Old 18-04-2008, 02:15 PM
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Originally Posted by East London View Post
realestatemart

You claim El Sokhna is one hour drive from cairo can you also tell us how long to take to drive from El Sokhna To Zafarana{ I know its half an hour away, as i have also done this run many times. So add one hour to half an hour and you came to an hour and a half. Thats close to me? If you also do this run, you will also notice loads of other developments also going up from El Sokhna to Zaf. the marina is also going to be between El Sok and Zaf, Also the developer will be building another development in the same area.

You also claim to not speak bad you are, your comments have no relation to reynolds post!!! Please correct me if i'm wrong. Why bring Hurghada and Sham in to this. As i said to you earlier its horses for courses.

Can you tell me in my other posts where i have said the prices's are still the same in Zafarana the fact is the did not say that??? Whats you client kitesufcenter got to do with me are you telling me that i can't call East London once i am in my development?

To put it in a nut shell i am very happy with the location and the developer in fact the developer is the same one who's doing the marsa alam beach resort

There are many other places in egypt to EITHER INVEST OR TO BUY A HOLIDAY HOME.

oknow you turn it into a fight and i know what I tell you just tell things and turn it into personal issues so I will not involve my self into this, happy that you happy with your investment but i will keep telling people what i know and will not care about your posts in future
Bye
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  #59  
Old 18-04-2008, 02:50 PM
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Default East London

I'm being lazy and asking you instead of reading through this thread. My husbands family live in Cairo and we will eventually move to Egypt. I had though that this area might be a good one to consider as it's far enough away from family so as not to be in each others pockets but close enough if need be! Is there much left for sale now? What about villas? What sort of prices? Do you know Ein Sokhna too and if so ...same questions? Thanks
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  #60  
Old 18-04-2008, 03:22 PM
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Originally Posted by lsab View Post
I'm being lazy and asking you instead of reading through this thread. My husbands family live in Cairo and we will eventually move to Egypt. I had though that this area might be a good one to consider as it's far enough away from family so as not to be in each others pockets but close enough if need be! Is there much left for sale now? What about villas? What sort of prices? Do you know Ein Sokhna too and if so ...same questions? Thanks
Hi Isab
as you interested he s google map shoy you the location
and believe me you will have to drive on 180 km per hour to be there in one and half hour so be careful
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