Marsa Alam - Page 2

soleiletmer · #11 14-08-2007, 11:09 AM

Quote:

Originally Posted by Muzz

I really hope you're right, it's exciting but it is stepping into the unknown. You have to take some gambles though or where's the fun in life

Hi Muzz,

I would not say it is a gamble, from what i see, as far as land and property are concerned, you are never a loser. We may be speaking about the benefit ratio here, or the extent of market stability.

giraffe · #12 27-08-2007, 12:54 AM

Quote:

Originally Posted by Muzz

Hi Everyone, just thought i'd introduce myself i have just put a deposit down on a sea front property in Marsa Alam, it is due for completion in Nov 2008.

One of the reasons i chose Marsa Alam is because i love my diving and as yet this area hasn't been dived as much as Sharm etc. i also chose it because there is going to be alot of development but it is going to be hopefully kept low rise etc. There is a marina being built 2 minutes away. I'll be using it for holidays and letting family and friends use it but i'll also be renting it out. So it is an investment and hopefully i'll make some money long term but a bit more than that also

It's got 2 bedrooms and a roof terrace and also sea views all for £32500, i'll keep you posted with developments and problems etc that i come across so others can hopefully learn from my experience. Also if anyone has any advice they can give then i'd be happy to hear.

Hopefully this link will work, this is the property, a fully furnished package including air conditioning is available for £5k when the apartment is completed

I can't speak highly enough of the agent at City & Urban

hi Muzz,

was wondering if you could tell me if you've been out to marsa alam to take a look at properties before you bought. i'm still searching for the right place for me, feel like i'm heading away from brazil back towards egypt again! i want somewhere to dive that isnt built up, and really peaceful, hence avioding sharm and hurghada areas. did you check out any other areas of egypt? thanks for any info

Peter Mitry · #13 27-08-2007, 06:51 AM

Welcome to the Forum Soleiletmer! Are you passionate about investing or are you an agent or a Developer? I share your belief that the property market in Egypt is set to boom; once the budget airlines get their act together and the banks sort out an acceptable mortgage offering it will explode. Now is about as good as it will get to enter the market.....YouTube - Premium Resort Sahl Hasheesh,Egypt .Latest images

tracylove · #14 29-08-2007, 07:36 PM

Hi there i am thinking of buying one of these apartments from the same company in marsa alam. any advice would be gratefull. did you get yourself an egyptian lawyerto look over the paper work? any advise anyone can offer i would be gratefull. also from anyone who knows anything about hurgarda. cheers.

Veronica · #15 30-08-2007, 04:32 AM

sounds like my kind of place, are there any units left, and what are the amenities like there, would it be suitable for families, etc.

awahee123 · #16 28-10-2007, 01:08 PM

Egypt is one of the best kept secrets and has been for a while,it does need promoting as I find a lot of divers come here,which isnt a bad thing,it could do with promoting for families and relaxing holidays.

bobby · #17 10-11-2007, 08:43 PM

Hi there i see by your post you have purchaced property in marsa alam. what is the update? is all going well? Id like to hear as am very intrested in marsa alam and cant find anyone who has purchaced there. thanks

awahee123 · #18 12-11-2007, 12:52 AM

I have also heard Marsa Alam will be the next big development area,anybody know the prices in this area?..

shellbell · #19 10-01-2008, 06:31 PM

Question just that really. I've been sent details of Marsa Alam Beach Resort - & on paper it looks good. I've watched their development at Zafarana & they seem to be pretty good. So any opinions?

queenie40something · #20 10-01-2008, 07:59 PM

Hi have you been to Marsa Alam before? Apparently there is not much to do there apart from diving, snorkelling and sunbathing. A friend went and she was bored to tears. At the moment it is fairly undeveloped hence the peace and quiet.