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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.

Nubia-Resort in the north of Hurghada - Page 2

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  #11  
Old 01-04-2008, 07:40 AM
alx alx is offline
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Originally Posted by propertastic View Post
Nubia Resort looks to be one of the few beachfront resorts where Brits will be in the minority. It's being heavily marketed towards Russians - unusual for an offplan project.
Hi guys,

That is true. Just purchased there. It is broadly offered by russian agencies. It is not bad for investment purposes - Le Pasha has relations with russian operators and occupancy is OK and will rise. Russian market is not bad.
But if you like to relax in quiet environment - it is probably not the best choice. Russians will be in majority there.
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  #12  
Old 01-04-2008, 11:09 AM
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Originally Posted by alx View Post
Hi guys,

That is true. Just purchased there. It is broadly offered by russian agencies. It is not bad for investment purposes - Le Pasha has relations with russian operators and occupancy is OK and will rise. Russian market is not bad.
But if you like to relax in quiet environment - it is probably not the best choice. Russians will be in majority there.
if you are a single man so russian market in not bad at all lol
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  #13  
Old 01-04-2008, 03:09 PM
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Hi,
As I wrote I bought one of the apartments. Before I bought I checked who is with me. In this resort there are lots of British, German and Suisse, only a few Russian. The majority in this time were Suisse. I bought in february. I will have a look after 2 weeks whats going on there an I will keep you informed.
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  #14  
Old 01-04-2008, 04:10 PM
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Originally Posted by Traveller66 View Post
Hi,
As I wrote I bought one of the apartments. Before I bought I checked who is with me. In this resort there are lots of British, German and Suisse, only a few Russian. The majority in this time were Suisse. I bought in february. I will have a look after 2 weeks whats going on there an I will keep you informed.
I think you never been to the location the only agent who have its sign on the project location is a russian agent so what this approve to you?
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  #15  
Old 02-04-2008, 07:04 AM
alx alx is offline
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Originally Posted by Traveller66 View Post
Hi,
As I wrote I bought one of the apartments. Before I bought I checked who is with me. In this resort there are lots of British, German and Suisse, only a few Russian. The majority in this time were Suisse. I bought in february. I will have a look after 2 weeks whats going on there an I will keep you informed.
May be. I've seen villas are sold and few apartments. There are 200 more of it and it is difficult to say now.
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  #16  
Old 04-04-2008, 12:28 PM
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Originally Posted by realestatemart View Post
I think you never been to the location the only agent who have its sign on the project location is a russian agent so what this approve to you?
Hi guys first time on here

I beg to differ with that quote...i have just purchased the large 1 bedroom apartment here with sea view, from Uk agency Key Universal....they claim they are the only company allowed to sell this in UK, whcih may be right as I have not seen it else where. I was completely convinced on this as an investment.
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  #17  
Old 17-04-2008, 08:05 PM
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Originally Posted by LDN123 View Post
Hi guys first time on here

I beg to differ with that quote...i have just purchased the large 1 bedroom apartment here with sea view, from Uk agency Key Universal....they claim they are the only company allowed to sell this in UK, whcih may be right as I have not seen it else where. I was completely convinced on this as an investment.
hello this picture of today that approve main Agent from Russian country
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nubia-resort-north-hurghada-img_0347.jpg  
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  #18  
Old 17-04-2008, 08:10 PM
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Default Lates Location Pictures

this is latest pictures update
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nubia-resort-north-hurghada-img_0346.jpg  nubia-resort-north-hurghada-img_0348.jpg  nubia-resort-north-hurghada-img_0349.jpg  

nubia-resort-north-hurghada-img_0350.jpg  nubia-resort-north-hurghada-img_0351.jpg  nubia-resort-north-hurghada-img_0352.jpg  

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  #19  
Old 18-04-2008, 01:50 PM
alx alx is offline
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Originally Posted by realestatemart View Post
this is latest pictures update
Tnx for nice pictures. Did you have information what buildings are on the right and left side of Nubia? Are these resorts as well?
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  #20  
Old 18-04-2008, 02:04 PM
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Originally Posted by alx View Post
Tnx for nice pictures. Did you have information what buildings are on the right and left side of Nubia? Are these resorts as well?
the one on the right side is a resort yes
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