Overseas Property News News Overseas Property Forum Forums Overseas Property Blog Blogs Overseas Property News Sales Terms & Conditions Acceptable Use Policy
Take Down Policy Privacy Policy Contact Us
Property in Australia Australia Property in Bulgaria Bulgaria Property in Brazil Brazil Caribbean Property Caribbean Property in Cyprus Cyprus Property in Dubai Dubai Property in Egypt Egypt Property in France France
Property in Germany Germany Property in Morocco Morocco Property in Portugal Portugal Property in Spain Spain Property in Turkey Turkey UK Property UK US Property US Property in the UAE UAE

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.

Guest View - Limited Access Only
Register Free Today

Development Pros and Cons

Reply
 
Thread Tools
  #1  
Old 11-02-2008, 06:29 PM
Roger's Avatar
Senior Member
 
Join Date: Feb 2008
Location: Ballycotton, Co. Cork, Ireland
Posts: 124
Send a message via MSN to Roger
Question Development Pros and Cons

Hi all,

I have just sent off my deposit for the Hania beach development, but see lots of good and bad comparisons being made to other developments and between other developments. These are dotted all over the forum, and it is difficult to get a true idea members' views.

I won't be in Egypt until June, by which time I really have to have made a decision, so I can't go and see things for myself.

I've started this thread to try and bring everything together. What do you think of each of the developments currently taking place, or due to take place in the near future? How do you think they compare (price, location, quality, developer)?

I don't want to start any rows here, so please can we keep it civil - a discussion not an argument - and if anyone has a vested interest please disclose it or stay out of the discussion!

I look forward to your comments.

Roger
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #2  
Old 11-02-2008, 06:43 PM
queenie40something's Avatar
Senior Member
 
Join Date: Dec 2007
Posts: 2,757
Default

Hi Roger and welcome to the forum.

There are so many developments out there especially in Hurghada etc and I think buyers are starting to get swamped with all the choices. It is very difficult to know if you have made the right decision or not.
We have bought in Nabq in Sharm and doubts creep in especially as I have made so many friends on here that have bought in Hurghada.
I would say go with your gut instinct and follow your heart. As long as you can afford somewhere and you think you have a bargain then go with the flow. You can forever be saying to yourself what if and but.
We paid a small ( £200 ) refundabale reservation fee at The Place in the Sun exhibition in Sept last year because we had already booked a holiday to Sharm in the October and used this holiday to visit the development.If we did not like what we saw we would have got the £200 back so we had nothing to lose. It would not have been our 1st choice but we considered it to be a bargain and it was what we can afford without getting ourselves in debt. It has always been my dream to own my own little place in the sun so when I retire I will be dangling my wrinkly legs in the pool. We didnt want a mansion just a 1 bedroom with direct access to beach and pool.
Im sure if you continue with your purchase you will be happy with it.

Good luck

Alison
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #3  
Old 11-02-2008, 06:56 PM
Banned
 
Join Date: Nov 2007
Posts: 581
Default

Roger

After reading all the thread on Hania beach development, and not being an agent myself and trying to sell anything on here. I t would have totally put me off the development, there are alot of developments being built from scratch not doing up old build's.

But like queenie say's do what you think right but looking with your own eye's is better to know an area.

On pictures everything looks wonderful because you only get what you are allowed to see the best parts.

Hurghada is one big building site with protential and you have to realise the rental market is along time off.

Make your own mind up and don't listen to the rubbish that is said to try and sell things to you.

Think all the agents now have gone off me, but i am being honest. and only a normal person that has bought an apartment in hurghada. Also i know alot about the area because i made it my buisiness to find out what i was buying into.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Sponsored Links
  #4  
Old 11-02-2008, 07:04 PM
Banned
 
Join Date: Nov 2007
Posts: 157
Smile Inspection Trip

Quote:
Originally Posted by Roger View Post
Hi all,

I have just sent off my deposit for the Hania beach development, but see lots of good and bad comparisons being made to other developments and between other developments. These are dotted all over the forum, and it is difficult to get a true idea members' views.

I won't be in Egypt until June, by which time I really have to have made a decision, so I can't go and see things for myself.

I've started this thread to try and bring everything together. What do you think of each of the developments currently taking place, or due to take place in the near future? How do you think they compare (price, location, quality, developer)?

I don't want to start any rows here, so please can we keep it civil - a discussion not an argument - and if anyone has a vested interest please disclose it or stay out of the discussion!

I look forward to your comments.

Roger
Hi Roger,

I think this type of thread will just fill your head with further confusion. My advice to anyone is read alll the different threads and whittle down to a handful. There is no quick answer!

The next step is go out there and see each development for yourself. I did exactly the same and believe me I was bombarded with different developments prior to going out. When I got to Hurghada I saw the reality and bull**** that had been thrown at me by various people especially agents.

No matter how busy you are almost anyone can take a few days out before signing anything. Thomas cook do flights from friday to tuesday and tuesday to friday for average £250-300. That will be money well spent and will save you long hours of stress. If you cannot get out there then send a family member or friend that you can trust....BUT someone should carry out an inspection.

Its only then that you will be able to see genuine comments by people on this forum from the exaggerated brown stuff....?

Regards

Westmids33
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #5  
Old 11-02-2008, 07:09 PM
Banned
 
Join Date: Nov 2007
Posts: 581
Default

ok westmids i did not explain as good as you but i totally agree with you, and that was what i ment

So ROGER take note get out and see for yourself or like westmids says send a family member or very close friend on your behalf before parting with any more money.

Hope this helps

Jayne
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #6  
Old 11-02-2008, 07:21 PM
Banned
 
Join Date: Nov 2007
Posts: 157
Smile Hello

Quote:
Originally Posted by ********** View Post
ok westmids i did not explain as good as you but i totally agree with you, and that was what i ment

So ROGER take note get out and see for yourself or like westmids says send a family member or very close friend on your behalf before parting with any more money.

Hope this helps

Jayne

Hi Jayne,

Just for the record me, Awahee and Derek have no problem with you and we value your opinion.

Regards

Westmids33
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #7  
Old 11-02-2008, 07:31 PM
Banned
 
Join Date: Nov 2007
Posts: 581
Default

Thanks westmids,

If agents did there homework better there should not be all the bad reports on the forum, because anyone know's who has been to hurghada it is a lovely place and well worth investing in. So come on agent's get the fact's right and look after your customer's or you will loose them.

Jayne.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Sponsored Links
  #8  
Old 11-02-2008, 08:00 PM
Senior Member
 
Join Date: Jan 2008
Posts: 77
Default

Quote:
Originally Posted by ********** View Post
Thanks westmids,

If agents did there homework better there should not be all the bad reports on the forum, because anyone know's who has been to hurghada it is a lovely place and well worth investing in. So come on agent's get the fact's right and look after your customer's or you will loose them.

Jayne.
i'll have to second that quote!!!!!!!

i am hoping to buy in the hurgarda region as soon as our house is sold. To many bad reports is starting to confuse me, it's getting to the point where you don't know whose an agent and whose just an ordinary purchaser?
discussions are fine, but when they turn nasty, it's not nice.

so please tell us 100% facts, or people will begin to look for advise else where

regards Kim x
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #9  
Old 11-02-2008, 08:08 PM
Banned
 
Join Date: Nov 2007
Posts: 157
Smile Just The Facts Maam?

Quote:
Originally Posted by kimkonnoris View Post
i'll have to second that quote!!!!!!!

i am hoping to buy in the hurgarda region as soon as our house is sold. To many bad reports is starting to confuse me, it's getting to the point where you don't know whose an agent and whose just an ordinary purchaser?
discussions are fine, but when they turn nasty, it's not nice.

so please tell us 100% facts, or people will begin to look for advise else where

regards Kim x

Hi kim,

I agree there are bad and misleading reports put forward by agents or agents purporting to be ordinary people.

That is why me and my colleagues keep telling people to use this forum as a guide but go out to Hurghada and see for themselves.

Hurghada is a great place and it would be a shame if a few greedy people put the purchasers off with their greedy antics.

Regards

Westmids33
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #10  
Old 11-02-2008, 08:11 PM
Banned
 
Join Date: Oct 2007
Posts: 1,115
Default

I think the best way forward here is for all agents to introduce themselves in the intoductions section.Usually you will find agents do have a link to their webs etc in their signature so from this you should be able to tell who is and isn't an agent.
There probably is a few agents who lurk around the forum then private message prospective buyers,if and when they do just refuse to deal with them unless they are known agents.There is no need for them to be secretive about anything.
Also one last tip if you are interested in a particular development ask a few different agents what they can offer you at the development you are interested in,you may find this useful to confirm that you are receiving the correct information.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote

Reply

Bookmarks

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
French LEASEBACKS IMPORTANT INFO Goldberg Global French property 45 14-11-2008 12:13 PM
Croatia pros & cons and recommendations ***rn Buying overseas property 6 19-04-2008 01:49 AM

LEGAL NOTICE
By using this Website, you agree to abide by our Terms and Conditions (the "Terms"). This notice does not replace our Terms, which you must read in full as they contain important information. You must not post any defamatory, unlawful or undesirable content, or any content copied from a third party, on the Website. You must not copy material from the Website except in accordance with the Terms. This Website gives users an opportunity to share information only and is not intended to contain any advice which you should rely upon. It does not replace the need to take professional or other advice. We have no liability to you or any other person in respect of any content on this Website.
FORUM PARTNERS
Property Community is owned and operated by the MoveForward.com Limited group. You can find out more about us here. We also run the Expat Forum, an ideal community for people moving overseas and looking for jobs abroad. Keep a look out for some up coming ventures like: The Dubai Forum for everything about Dubai. The Income Forum for everything financial. Future projects: Spanish Property


Latest Active Threads

All times are GMT +1. The time now is 12:33 PM.

SearchSearch the site

Premium Account Benefits
Premium Member Benefits

Sub Forums:

Brazil Property ForumBrazil Property
Bulgaria Property ForumBulgaria Property
Dubai Property ForumCyprus Property
Dubai Property Forum
Dubai Property
Egypt Property ForumEgypt Property
French Property ForumFrench Property
German Property ForumGerman Property
Greek Property ForumGreek Property
Morocco Property ForumMorocco Property
Portugal Property ForumPortugal Property
Spanish Property ForumSpanish Property
Turkey Property ForumTurkey Property
UK Property ForumUK Property

Premium SubscriptionList Your Properties With a Premium Membership

Property News
Property Forum
Property Blog
Property For Sale
Entrepreneurs Network


Powered by vBulletin® Version 3.7.2
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.2.0