Originally Posted by amzee

hi everyone - just wanted to introduce myself and say that im relatively new to the investment business (in egypt) and to the forum.

i have recently invested in UAE and am now looking to do something with my sister in egypt.

i have been keeping up to date with the forum and have found that everyone seems to be very helpful - so i thought what better place to start :-)

im looking to invest in egypt however i cannot find which area (gamsha, sharm, hurgadah, shal hasheesh etc) would be good to invest in or up and comming resorts??!?

also with the UAE investment i went through Dream Homes world wide - is there an equivelent agency whom deals with properties in Egypt that are reliable and have good service?? can anyone recommend any good agencies i can contact?

ideally im looking for a beachfront apartment, sea views, private beaches etc etc...great from a rental and investment perspective..

i hope someone can point me in the right direction please and any help would be greatly appreciated.....

thanking you all in advance

Amzee

Originally Posted by Dex

Hi Everyone,

I am a first time investor looking to invest in Egypt. I am looking for a high rental return and a good capitol growth. Can anyone please advice on things like where to buy, buying from plan and what problems I could encounter.

Thank you
Dex

Originally Posted by MelanieS

Hi Dex

I would suggest beach front is always a good option to go for as most people when they are on holiday like to be beach front. Therefore developments that are beach front are more like to acheive higher rental returns and occupancy rates. And they will also be easier to sell on giving you a better exit strategy. I visited Hurghada in March and have previuosly been to Sharm El Sheikh both of these areas are good to invest in but you must pick your investment carefully as there are developments which are not very well located and which are built to Egyptian standards not European standards.

Originally Posted by Lsab

Hi Zahara, welcome to the forum

What are the names of the two developments as we may already have active threads on them?

If you need any help finding your way around the forum just give one of the moderators a shout.

Very best wishes

Linda

Originally Posted by zahara

Thanks for the reply Linda...one is hurghada village apartments and i cant remember the name of the other one! but its not far from the 5* resorts...to be honest im just trying to get an insight into the relative areas intecontinental seems more residential but dont know if this will ge good for investment???

Originally Posted by realestatemart

Dear Zahara,
Hghadaa Village have some points about the location as following:
- Shell Gas Station beside the project
- Mosque in front of the project Call for the prayers 5 times a day and one of
them at 5 Am.
-Behind the Project Hurghada High way and Airport.

For different areas in Hurghada there is amazing projects Beach front in El Ahyaa Area, Amazing Development in El Kawther area which I highly recommend it for you, what I suggest is you should come and make a tour here in hurghada and then you will realy have a big clear idea about where is yes and where is no, and if you can't come you welcome to ask any questions
and we sure will answer it for you.

I hope my answer cleared the point you was asking about

Best Regards
George
Hurghada

Originally Posted by zahara

Thanks George!!! I was aware of these points but was advised the views will be unspoilt, location is still good and somewhat smaller development which makes it stand out compared to the rest!!! All the other develpments seem to offer the same am wondering how my investment will be different...but neverless thanks for you input. I am hoping to visit hurghada soon to have a look around. Its very expensive at the moment with package deals. Can you confirm what new developmetnt you are talking about please in El kawther and Al Ahya (not heard of his area). and your answer cleared the hurghada village point...any views on intercontinental district? opposite 5*hotels...:-)

Many Thanks

Zahara

Originally Posted by realestatemart

Dear Zahara
I don't know about your budget but in General the developments in El Kawther area as follows:

Red Sea Pharoh
British Resort
West Side Village
El Kawther Dreams where all units are 2 beds
Sara's Residence


For Intercontinental Area front of 5* Hotels:
Regency Continental II
Regency Crash Pads
Lotus Breeze

For El Ahyaa Area Beach front projects:
The amazing Oasis Marina Project
Regency BEach
Harmony
Hania Beach

at end i realy advice you don't buy before you come here and see everything by your self as realy you will have the real feeling

I hope my answer was clear and if you need any information or have any question don't hesitate to ask and I will be Glad to answer.

Regards
George
Hurghada Base