View Single Post
  #36  
Old 05-12-2007, 01:09 PM
propertastic's Avatar
propertastic propertastic is offline
Senior Member
 
Join Date: Jul 2007
Location: Hurghada, Egypt
Posts: 603
Send a message via MSN to propertastic Send a message via Skype™ to propertastic
Default

Quote:
Originally Posted by kalos View Post
Sorry that is not accurate 975 euro per sq m at 1.44 to the £ is £677. El Andalous is way back so not a similar comparison.

Comparable RA stuff is 1200 euro per sqm and above. It is also narrow strips of land going back from a narrow window on to the beach


PG is also less than 200m from the LARGEST public beach in Sahl, has a golf course directly behind it . I understand although 2nd line it will be higher than the hotel in front so will have sea views.

AND it will be manged by the Pyramisa Group..3000 affiliates worldwide letting your property.
RA are only just starting to build up their network of tour operators/rental . I know where I would rather be.

Also smallest 1 bedroom units are c.52sq m gross 1 bedroom apartments - there are only 8 of these at this size apparently so won't be around long.
Sorry to be a pendant, but today's midrate for EUR to GBP is 1.38519 according to xe.com, so EUR975 is GBP703.875.

El Andalous is right on the promenade. How many inches from the beach do you have to be in order to be defined as 'way back'?

Thanks for the advice about the Pyramisa management arrangement - this is useful information. I will add that to the report.

I really am not trying to start a war over this - I like Paradise Gardens a lot and am recommending it in the Complete Guide as the perfect solution for anyone wanting to get a piece of Sahl Hasheesh and who can't raise the GBP50K minimum it would cost to get an RA property. I just felt compelled to your original post as I felt that there was too much hype in it and incorrect comparisons against the RA properties.
__________________
EGYPT REAL - Your One Stop Shop for Hurghada Property

Author of: Propertastic's Complete Guide to Hurghada Property and Egypt's Red Sea Riviera Real Estate
Reply With Quote