so

you wanna be by neighbour at csp???

i aint got no asbo attached so no need to worry..

Not yet anyway

__________________
Best, Regards, Neil Hollingsworth
Email - neil@rivermeadglobalproperty.co.uk
Find us on the FreeIndex directory http://freeindex.co.uk/profile(river...rty)_98122.htm and read our reviews.

Wayne, you're a funny bloke, pleased to meet you

m funny alright mate .. im in the next ward to paul gascoigne .. wife is in the next room down ..




.. nice to chat to you also.. hope you now have had a few pointers about this development.. this place is quite good for info but is also quite negative in some cases .. i guess you can make an informed choice as what to do about this and hope the contact i gave you can perhaps provide you with info that you need .. it would be good if you could get something here.. equally there is lots around so ..whatever you decide, you are making a good choice of investing in this area of egypt.. its a fantastic place!! best of look to u!!

D 203, plans look nice, different to DP2. Balcony shouldn't be too close to DP2, unlike the close proximity of those in DP1 and DP2. Pool looks better too, more space!

i think csp will be much better

was told this by wwds project manager when we were over.. much bigger internal grounds the fact that there is going to be a pool bar is brill

hi wayne, u still up? just been watching most haunted live. did message neil and he has sent me the info on coral pearl. bit unsure about ownership, i know property is leasehold but no tenure, i hope there is no way that the freeholder of the land can grab the appts back.....neil says in effect property is like a freehold as no tenure, would need to understand legal position. maintenance capped at 10% per annum!

hi mate no no things are cool the property is freehold .. all property is in hurghada .. this differs in sharm el sheikh where properties like this are all leashold.. marsa alam is the same as hurghada!!

maintenance fees ... its the increase that is capped at 10% ... maint fees are 500 quid .. .. the annual increases in egypt at present are around 10 to 20 % per quarter ... developments such as regency beach pre release 1 bed apt 46500 now at april .. 65k ,,, there is very little bargains around at the moment.. if i was you , i would be rather quick to decide.. obv you have to make this informed and check into stuff .. a place in the sun live magazine available on wwds website is a good place to look at stuff.. look at the older ones though as they talk about egypt as an emerging market and there is a buying guide... ... also take a look what 32k buys you at marlion residences .. abs bugger all 32k for studio... yes thery are front line .. but coral sea pearl is mins from the sea.. u wanna go halves on a one bed lol??

hi wayne, just got james whales show on talksport, love james whale, he has 'ben's brother' on doing acoustic.

I asked Neil what the max % uplift is to the annual maintenance charge as my parents had a time share once and the maintenance charges went through the roof, so any cap needs to be in the contract. i think a 10% incease is too much year on year for maintenance. i know capital appreciaton for the property should average around 15 - 20% a year.

The purchase prices for Coral are good. Neil did tell me that property is leasehold as u dont own the land. Have you been sent the deed or do u get that when the project is completed?

chris , you must have taken what he said wrong

the property is freehold as are all in hurghada.. i think that the techical term is leasehold with no tenure,, ie there is no timelimit on the land that it is sitting on.. you own the apartment outright.. increasees are capped at 10% meaning thats the max it could go up by .. noone is saying it will increase by 10pc.. these are mid to longterm investments.. i am in a diff position to most as im not in it to have a holiday home .. main thing is capital .. we are talking about selling on completion... or perhaps the year after.. there are documents detailing building licenses land ownership etc.. the contracts are of a standard nature being the amount of purchasers.. the contracts themselves are issued quite quickly allowing you to check them check the unit purchased etc.. .. all desert pearl owners are nearing completion now hence prob best asking them re the final stages ... deeds etc..