Agents / deposit etc
Hi
Seen adverts from this agent and other guests have mentioned them - the size of the deposit is reasonable - the total price seems OK and is in line with others in Hurghada - furniture cost sounds OK but without knowing what's included that's difficult - does your package include air conditioning and ceiling fans, both are essential. Sounds overall to be going well with good info from the agent etc. Are you happy with the annual maint fees (should be between £300 and £400 a year for a 2 bed unit.
The "tax" position is as you state at the moment. Have YOU asked for a copy of the owners deed to the land and if so do you have a copy yet, in arabic and English. Are you happy with all the terms in the contract, particulary the cancellation terms if you are unable to meet your payments. Have you had a lawyer check out the land registry entries for the land you are "sharing". I have no idea about whether this particular development has any "issues" but it is common in Egypt for land to be sold without being able to prove ownership since the land registration process is at best "limited".
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