Does anybody have any reservations about these developments being to close to the sea,lets have your thoughts please.

Propertastic would you invest in this resort if you had the funds?

Do you see this as a long term investment or something that you can make money on when its complete i.e do you think this can double in price when complete?

Yes, I am very bullish about Regency Beach.

Why do I like this development so much?

Firstly I think it's quite a pretty looking development:



Secondly it's from the people who have already completed Regency Towers, which shows that the developers are able to deliver.

Thirdly, by the time the resort is opened, the area should have a fairly decent infrastructure in place - not as developed as the Touristic Center, but I think similar to where Hurghada's southern section is at the moment.

Fourthly, and most importantly, IT'S FIRSTLINE BEACHFRONT FROM GBP20,000!!!! Can anyone think of anywhere else within a reasonable distance of Europe where you can get frontline for that price. Libya? Lebanon? Even in Albania, which has no flights and no infrastructure (and often no electricity much of the time) prices are higher than that already!

There's certainly no question in my mind as to whether it's going up. The only question is by how much.

Whether the price can increase by 100% over the two years before completion is debatable - that would be a little over 40% per year, which is a little optimistic, I think, but isn't totally impossible if the media starts talking about it.

I'm not in the UK, so don't know what overseas property programs are running these days. But if 'A Place in the Sun' or one of the other mass-market shows did a programme on Egypt, then I think that prices would increase everywhere by 20% within the following 24 hours.

I think that 25% per annum on this development is quite realistic though, whatever happens.

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EGYPT REAL - Your One Stop Shop for Hurghada Property

Author of: Propertastic's Complete Guide to Hurghada Property and Egypt's Red Sea Riviera Real Estate

Hello everyone.

This development seems to be very nice.
I am seriously interested in buying a property in Hurghada.

Who else is going to buy an apartment there (Regency Beach)?

Do you have any other information about Regency Beach?
I would like this thread to be a real encyclopedia of this development!

Greetings.

I can't tell you too much about it here or else the information will be editted out, but if you click on my signature below, you will find pretty much all of the information that is currently available on the development.

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EGYPT REAL - Your One Stop Shop for Hurghada Property

Author of: Propertastic's Complete Guide to Hurghada Property and Egypt's Red Sea Riviera Real Estate

Heh, I know your website very well.

I am simply interested in general opinions of other investors or
people who just want to live cheap in a wonderful place, not
official information created by the developer.

Photos and opinions created by, for instance, people who live
in Hurghada are much more valuable than ordinary
"BUY OUR APARTMENT", don't you think?

That's certainly the case with finished developments, or areas where people are already living, such as El Gouna.

It's a bit more difficult though to get much feedback on an area which is currently a building site and won't really start coming together for another couple of years.

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EGYPT REAL - Your One Stop Shop for Hurghada Property

Author of: Propertastic's Complete Guide to Hurghada Property and Egypt's Red Sea Riviera Real Estate

But would you buy an apartment in Regency Beach right now? Do you recommend it? Have you already seen it? Or maybe you bought a flat there?

Hi ACP .

I think you will struggle to find honest unbiased opinion on this forum .Any negative opinions of Hurghada or Sahl will be talked down in favour of sales patter . Do your homework and know what you are buying in to,visit the area , take sales promises with a large pinch of salt and you should be OK.

Well, the prices in Regency Beach will certainly start increasing soon, so
I need to decide within the next weeks. I have not even been to Egypt so
far, but I intend to move there in 2008.

Do you think I can buy a studio there without visiting Hurghada?
In reality, people who visit the development do not know MUCH more
than those who just see pictures of it in Europe. What do you think?