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A ? For Those Who Have Lived In Egypt For A Year - Page 2

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  #11  
Old 25-07-2008, 02:35 PM
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We'll be looking in the Cairo area when we go later this year. Hopefully it'll just be for investment as I don't in the least fancy living there!
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  #12  
Old 25-07-2008, 03:06 PM
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Originally Posted by Lsab View Post
We'll be looking in the Cairo area when we go later this year. Hopefully it'll just be for investment as I don't in the least fancy living there!
No I wouldn't fancy Cairo for myself, would consider a buy to let tho.
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  #13  
Old 25-07-2008, 03:17 PM
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I'll let you know our 'findings' when we get back. We'll go sometime after Ramadan but obviously I'll 'speak' to you before then!!
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  #14  
Old 25-07-2008, 04:35 PM
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What about properties in non touristy areas, any one looked into that?
That certainly is not an option for the faint-hearted.

The first three months here was still spent in very-touristy Hurghada, but in the back streets behind the Sheraton Road. For the first six weeks, it was kind of cool to be amongst the locals, buit it got very tiring, very quickly and we moved straight into the santuary of a touristy development (Hurghada Marina) as soon as the rental agreement was up.

Another thing to bear in mind for anyone buying an existing property not in a compound is to ask yourself what you're going to do when something goes wrong (which is often does in Egypt). It's never anything major - leaking aircon, leaking boiler, gas leak from the cooker, internet down, etc.) When you're in a compound, there's always someone on hand to fix these minor issues. But if you were outside the main tourist spots where it's hard to find anyone speaking English, even the smallest problem would become a major exercise to get fixed.
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  #15  
Old 25-07-2008, 05:45 PM
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That certainly is not an option for the faint-hearted.

The first three months here was still spent in very-touristy Hurghada, but in the back streets behind the Sheraton Road. For the first six weeks, it was kind of cool to be amongst the locals, buit it got very tiring, very quickly and we moved straight into the santuary of a touristy development (Hurghada Marina) as soon as the rental agreement was up.

Another thing to bear in mind for anyone buying an existing property not in a compound is to ask yourself what you're going to do when something goes wrong (which is often does in Egypt). It's never anything major - leaking aircon, leaking boiler, gas leak from the cooker, internet down, etc.) When you're in a compound, there's always someone on hand to fix these minor issues. But if you were outside the main tourist spots where it's hard to find anyone speaking English, even the smallest problem would become a major exercise to get fixed.
I'm thinking more for the price tag really. Not too concerned about other issues, having been married to an Arab for many years, and lived amongst locals, but not in Egypt. Even so, as you say, theres still a lot to be considered.
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