[Peter Mitry]

I have today purchased three apartments in Hurghada which are already built and adjacent to the new pedestrianised Mall. Built on five floors with only the Developers offices on the ground floor, with a beautiful pool and landscaped gardens and built 50% bigger than surrounding apartments. These were built primarily to rent to wealthy Egyptians from Cairo during the Summer months, 200 metres from the Mall and 400 metres from the beach these were a snip at 350 GBP per m2. There are only 41 units in the complex and there about 75% remaining - we were the first to buy, other than the 6 units which have been kept for the Developers family. There are still studios at under 15,000GBP and two bed units from 34,000 GBP. There are just a few 3 bed, 2 bath units with over 177m2 at less than 78,000GBP. If anyone has an interest in these apartments please PM me. Although the building is finished, interiors will be complete around December this year.