Quote:
Originally Posted by SHO
Looks like a good developement but my opinion is that part of Hurghada will always have a load of unfinished developements. Other problem is access into the town for bars and restaurants..stnading outside for a taxi should be fun.
Beach front developements are a great idea but you will notice if you travel through Egypt there are a hell a lot of failed resorts just standing there half finished.
My 2p
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I think that success breeds success. There's more development in this part of town anywhere else other than the Touristic Centre, which will increase the value of land and half-finished properties.
I thought that the new laws about having to finish a certain amount of the building work over a set time period or else the land reverts back to the town was designed to stop this problem in any case?
Egyptians seem like pretty enterprising people to me. I can't believe that, once there are 2000+ apartments occupied in this area, no taxi driver is going to want to go there.
Although it is seperated by that stretch of military land (which I don't think will be the case forever), this part of town is still closer to the centre than the southern end of Hurghada is.