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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 58

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  #571  
Old 21-05-2008, 09:26 AM
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Just a quick pointer.

I spoke to EI as i was awaiting contracts. I hadnt passed on my Passport details re number and issue date. This meant my contracts couldnt be sent out.

Worth chasing up if you havent heard anything.
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  #572  
Old 21-05-2008, 10:09 AM
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Now that I've received confirmation that our depost has arrived, I'd like to officially join the thread too Many, many thanks to Mr. R. Angel. Without his help and advice we wouldn't have a contract on it's way to us today!!
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  #573  
Old 21-05-2008, 10:25 AM
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Originally Posted by lsab View Post
Now that I've received confirmation that our depost has arrived, I'd like to officially join the thread too Many, many thanks to Mr. R. Angel. Without his help and advice we wouldn't have a contract on it's way to us today!!
Wahey!! The Hania Clan goes from strength to strength... Congratulations Linda, I hope it all goes well for you (and the rest of us!).

The house warming just keeps on getting bigger and bigger
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  #574  
Old 21-05-2008, 10:33 AM
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Originally Posted by lsab View Post
Now that I've received confirmation that our depost has arrived, I'd like to officially join the thread too Many, many thanks to Mr. R. Angel. Without his help and advice we wouldn't have a contract on it's way to us today!!
Congratulations Linda!!! and welcome to the Hania Club (no need to thank me, just glad to be of assistance)
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  #575  
Old 21-05-2008, 12:15 PM
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Conratulations! Which unit did you reserve?
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  #576  
Old 21-05-2008, 12:24 PM
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I was just wondeing what everyone else thought of the late completion penalties? I know the contract is almost bound to favour the developer, but late payment vs late completion seems stacked against us.

Any thoughts?
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  #577  
Old 21-05-2008, 12:28 PM
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Thanks everyone for the congrats. Exciting time ahead! (We reserved #130 ground floor studio).
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  #578  
Old 21-05-2008, 04:41 PM
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I was just wondeing what everyone else thought of the late completion penalties? I know the contract is almost bound to favour the developer, but late payment vs late completion seems stacked against us.

Any thoughts?
Im not sure if theres much lee-way in this. Id just be grateful if it was 1) built and 2) built on time!

Im more interested in the Due Dilligance. Has anyone heard back from Zaied yet or the lawyer that they are using about it?
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  #579  
Old 21-05-2008, 04:58 PM
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Had an email from Zeiad yesterday due diligence should be through in 2-3 days so Thursday or Friday
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  #580  
Old 21-05-2008, 06:24 PM
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Originally Posted by Raptureman23 View Post
Had an email from Zeiad yesterday due diligence should be through in 2-3 days so Thursday or Friday
Yep, also got the same e-mail yesterday. Let's hope we get the green light soon.

Regards
Red
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