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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.

Hania Beach, Central Hurghada, Egypt - Due for completion Summer '09. - Page 42

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  #411  
Old 30-04-2008, 08:44 PM
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Plans for internal apartments should be out soon

I must say the CGI images are far better than I expected and we have a truly Five Star Development here. If the internal finishing is as good as the exterior design then we are onto a real winner here.

RED
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  #412  
Old 02-05-2008, 04:43 PM
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Smile ****hania Beach Site Live At 5.30pm Today****

Dear all.

The Hania site is going live this evening at 5.30pm the link is:

haniabeach.com

The site will have full details of the development ie. floor plans, artists impressions, facilaties and information on the rental management programme.

The website will allow you to choose your apartment online.

Time frame is as follows:

two bedroom apartments and executive suites - clients who have reserved 2 bedroom apartment/s and executive suite/s will be able to choose their apartments from 8am on Tuesday, 6th May


• one bedroom apartments - clients who have reserved 1 bedroom apartments will be able to choose their apartment/s from 8am on Wednesday, 7th May



• studio apartments - clients who have reserved studio apartments will be able to choose their apartment/s from 8am on Thursday, 8th May



• The reservations will be automatically sent to admin@ippurchase.com and your agent will be notified.


Regards

RED

Last edited by redangel7861; 02-05-2008 at 04:46 PM.
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  #413  
Old 02-05-2008, 09:23 PM
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I think everybody expected a slight change in the prices but to find no studios with sea views below a 37k price bracket and no 1 beds below 51k what was exactly being advertised? studios from 21k and 1 beds from 32k all over EI web site and others with promised sea views, who were they kidding! 30x£700 per sq feet for a studio has become 54x£700 sq feet (studios) and 45x£700 sq feet become 73x£700 sq feet (1 beds). Thats not a slight change in plans, its a known eliment from the beginning.Being 62 and 81 in the list will i even get a look at the non sea view apartments which are 26k and 49k at the cheapest.
Is it me or has everybody had a shock at the % increase in apartment sizes.
Personally i budgeted for a 5-10 sq feet increase per apartment but 24-30 at the bottom scale is beyond belief!
Any thoughts would be appreciated.
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  #414  
Old 02-05-2008, 11:08 PM
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I feel exactly the same sharkboy. To say I am stunned is an understatement. I'm shocked to find that the beautiful apartment I was buying with guaranteed sea views for £21K has now turned into a small apartment at the back of the development (overlooking a road no doubt) and with £5K added for good measure.
I dont even want to hear what the agent has to say. As far as I'm concerned there was never sea view apartments for £21K and I will be asking them to return my money first thing on Monday morning.
I now have no trust in the development or the agent at this stage.
Oh, and another thing. What does this mean...
"NB. If you utilise Option 2 you will receive a free air conditioning unit for your apartment"
Does this mean if you opt for payment Option 1 you get no air conditioning in 40 degree heat. mmm...

In my opinion, what a waste of everyone's time and effort. We're investors, we're not stupid!
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  #415  
Old 02-05-2008, 11:41 PM
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Originally Posted by MissHolly View Post
I feel exactly the same sharkboy. To say I am stunned is an understatement. I'm shocked to find that the beautiful apartment I was buying with guaranteed sea views for £21K has now turned into a small apartment at the back of the development (overlooking a road no doubt) and with £5K added for good measure.
I dont even want to hear what the agent has to say. As far as I'm concerned there was never sea view apartments for £21K and I will be asking them to return my money first thing on Monday morning.
I now have no trust in the development or the agent at this stage.
Oh, and another thing. What does this mean...
"NB. If you utilise Option 2 you will receive a free air conditioning unit for your apartment"
Does this mean if you opt for payment Option 1 you get no air conditioning in 40 degree heat. mmm...

In my opinion, what a waste of everyone's time and effort. We're investors, we're not stupid!
feel so sorry Miss Holly and all other forum members that you got this feeling may be you have to talk with the developer about this if you are not convienced there is still other options and other developments around so don't be disapointed
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  #416  
Old 03-05-2008, 12:34 AM
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Unhappy

I don't know how everyone else is feeling, but this venture is not for me. A shame really as I'd really got my hopes up. Never mind. I know not to go into the next one with such high expectations.I just hope getting my deposit back will be as easy as paying it to begin with.
Paul
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  #417  
Old 03-05-2008, 09:02 AM
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I am personally very happy with the plans and a 37k studio facing the sea is perfectly within my budget.

I see a few of the posts before me are very disappointed with the the views on offer for the 26k apartments. I understand this and it is unfortunate. But really you knew the basic shape of the project beforehand and it is not possible to work illusionary miracles to create magic views of the sea for apartments that are facing the wrong direction!

This is a high class development and the developer has decided to have less 'budget' size studios to meet the requirements of luxury status.

You were not lied to or misled... this is the lottery of "pre-release". If you want to know exactly what you are going to get, then you pay full release prices - simple.

So in conclusion I can't wait till the reservations are sorted, because I know which apartments I want! I think also most people who were looking at 35k plus budget will be very happy with the full release plans.
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  #418  
Old 03-05-2008, 09:34 AM
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Quote:
Originally Posted by Chico Red View Post
I am personally very happy with the plans and a 37k studio facing the sea is perfectly within my budget.

I see a few of the posts before me are very disappointed with the the views on offer for the 26k apartments. I understand this and it is unfortunate. But really you knew the basic shape of the project beforehand and it is not possible to work illusionary miracles to create magic views of the sea for apartments that are facing the wrong direction!

This is a high class development and the developer has decided to have less 'budget' size studios to meet the requirements of luxury status.

You were not lied to or misled... this is the lottery of "pre-release". If you want to know exactly what you are going to get, then you pay full release prices - simple.

So in conclusion I can't wait till the reservations are sorted, because I know which apartments I want! I think also most people who were looking at 35k plus budget will be very happy with the full release plans.
Chico.

Must say that I agree with your comments. In this day and age you get what you pay for. To be honest I can understand the dissapointment of some people, but to expect five star services with resort status with sea views in this day and age at 26K is unrealistic. Again, I can understand some people's dissapointment but I'm afraid you get what you pay for and purchasing at the pre-launce stage has it's benefits and downfalls.

I for one am very happy with my possible choice and have selected an apartment, just hope I get the one I've got my eye on.

Regards
RED
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  #419  
Old 03-05-2008, 10:55 AM
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Originally Posted by redangel7861 View Post
Chico.

Must say that I agree with your comments. In this day and age you get what you pay for. To be honest I can understand the dissapointment of some people, but to expect five star services with resort status with sea views in this day and age at 26K is unrealistic. Again, I can understand some people's dissapointment but I'm afraid you get what you pay for and purchasing at the pre-launce stage has it's benefits and downfalls.

I for one am very happy with my possible choice and have selected an apartment, just hope I get the one I've got my eye on.

Regards
RED
Hi Red,

I understand your point, but if expectations were unrealistic, then why were the unit prices quoted in the first place? I've reserved a 2 bed, which were quoted at a maximum of £70,000 for a 100m2 unit, and it now looks as though it won't be possible for me to afford one (I still have to do the math!), if not then it's a simple choice of dropping to a 1 bed, which doesn't really suit us (and I don't know what that will do to my place in the queue), or looking elsewhere.

The development is great, but I feel we've been misled on the pricing. I see some apartments are not even offered at the pre-release price, and I take it that the greyed out ones have either been held by the developer or reserved by someone who knows soneone.

OK, I haven't looked into it properly yet but, at the moment, I'm not a happy bunny
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  #420  
Old 03-05-2008, 11:09 AM
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Quote:
Originally Posted by Roger View Post
Hi Red,

I understand your point, but if expectations were unrealistic, then why were the unit prices quoted in the first place? I've reserved a 2 bed, which were quoted at a maximum of £70,000 for a 100m2 unit, and it now looks as though it won't be possible for me to afford one (I still have to do the math!), if not then it's a simple choice of dropping to a 1 bed, which doesn't really suit us (and I don't know what that will do to my place in the queue), or looking elsewhere.

The development is great, but I feel we've been misled on the pricing. I see some apartments are not even offered at the pre-release price, and I take it that the greyed out ones have either been held by the developer or reserved by someone who knows soneone.

OK, I haven't looked into it properly yet but, at the moment, I'm not a happy bunny

Roger,

I understand your point of view and admit that certain agents should have been more careful regarding how they advertised the pre-launch on Hania.

People's budget's have to be taken into consideration. That's why I decided to go directly to the developer and cut out the middle man (agent).

But to be fair to the agent, these are the risks associated with pre-release ie. information available is always a little vague and are always subject to change.

From the developers point of view, we now have less apartments but bigger apartments. This gives it the exclusive five star resort status that they are looking for. There are many cheaper developments around that proffess to be 5 star but pack in as many apartments as they can into a small development with only 20% of the apartments having sea views.

I'm afraid in this day and age you have to pay for quality.

With regards to yourself have you looked at apartment 136 - two bed two bathroom with frontline beach and sea views, fits your budget and criteria perfectly.

Regards
RED
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