Originally Posted by propertastic

There's a massive amount of development going on in this area around Regency Beach - Pyramids 2, Oasis Resort, Manta Resort (if it's ever finished), Royal Mirage (if it's ever started) and probably a few more that I don't know about. The area was only zoned for tourism earlier in the year and there are a lot of developers interested in affordable beachfront.

I have already been told that there's a shopping mall planned for the area. With around 2-3000 apartments coming online in this region around 2009, retailers and restauranteurs would be foolish to miss the opportunity of benefitting from this captive market.

Remember that if you buy into any of these resorts today, what's on the ground now is irrelevant. It's what's there when it's completed that matters.

Originally Posted by dave99

Not uncommon from agent sites to see pic of somewhere else - sometimes it due to a technical thing with page headings but it should be less misleading.

Noticed same thing on the new site being advertised by Peter and Nick - they show a heading picture on most pages also not directly related to the adverts.
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Originally Posted by **********

in my views IRAN AND IRAQ will be up and coming by that time I would emagine, so buy your land there early if your in it for the money. It will proberly start in about 5 years, so if you do this remember me I gave you the hint, I will be still in Hurghada by then and enjoying the hasstle free life.

Originally Posted by *********

Hello J4,

You are right,I have never been on a bus though I will definately give it a go next time.
I suppose because the taxis are so cheap to us we tend to spoil ourselves,however bus next time definately will give it a go even if it's only once lol.

Originally Posted by dave99

Buses what buses. If you mean the local mini-buses they only run around the town area ans cost about 2.5p UK money that is) - and its a great experience if you can every find out where there going.

The only other buses I've seen is run by the El Gouna Bus Company which run between El Gouna and Hurghada primarily down the coast road which currently does not cover the new developments.

Most likely is that the developments will have to fund their own shuttle service or subsidised taxis.



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Originally Posted by Redsea Furniture

Here are some Google Earth Photo's of the location of Regency Beach it is close to Palma Resort.

Originally Posted by propertastic

Actually we didn't lose money as we got in at the right time (and also went through a lot of blood, sweat and tears to reconstruct one of them).

As of 31 March we had tripled our money; currently we have only doubled it.

This reinforces the point that ********** makes that knowing when and where to buy is only half the secret of how to make money from property - knowing your exit strategy - when to get out - is the second half.

Although I am often accused of over-hyping Hurghada, I will readily admit that the boom there is not going to last forever. I would estimate that there are three years left of rapid growth, a couple of years where prices level off, and then the market will probably be over-saturated and prices will fall.

By which time I will be off and heading for the next property hotspot being touted as 'the next Egypt'. I reckon Libya could be interesting as an outside bet.

Originally Posted by propertastic

I think that the general public is intelligent enough to work out what is part of a logo and what is an image from a particular development.

I don't think that many dating sites get angry clients complaining that the girl or guy they met wasn't the same one that was in the picture at the top of the site's home page!

Originally Posted by ACP

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?