Thread: Regency Beach
View Single Post
  #15  
Old 19-12-2007, 02:29 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 awahee123 View Post
The road is at this moment very isolated,However I think this development may be a good investment for the future especially if you are looking for beachfront.
You would just need to use the limo service on a regular basis.
There's a massive amount of development going on in this area around Regency Beach - Pyramids 2, Oasis Resort, Manta Resort (if it's ever finished), Royal Mirage (if it's ever started) and probably a few more that I don't know about. The area was only zoned for tourism earlier in the year and there are a lot of developers interested in affordable beachfront.

I have already been told that there's a shopping mall planned for the area. With around 2-3000 apartments coming online in this region around 2009, retailers and restauranteurs would be foolish to miss the opportunity of benefitting from this captive market.

Remember that if you buy into any of these resorts today, what's on the ground now is irrelevant. It's what's there when it's completed that matters.
__________________
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