Quote:
Originally Posted by redangel7861
Hi Roger.
Like you I am an investor and not an Agent. Like you I have put down a £4,000 reservation deposit on two studio flats in Hania Beach. I came to this board for some honest advice, but instead was bombarded by an agent with private messages asking me if I wanted to purchase in Hurghada from him. He raised some valid points stating that the shell for the developemnt had been standing there for a period of time.
After speaking to the developer today I was assured that all brick work would be re-built and that the development would be five star. I have also asked the developer for confirmation on how long the shell has been standing there and will let you know when they get back to me with an answer.
I asked why they had purchsed that plot. They responded by saying that it was very difficult to get hold of beach front land and they purchsed the plot not to save money but to attain a beach front development. Apparently the Military own the beach front land (please can someone confirm) hence, it's difficult to attain beach front developments.
Again I have nothing to loose. The £4000 is refundable if I am not impressed with the project after the presentation on the 29.02.08.
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I think telling real information even it was against what you sell is not a crime, I think this was the main reason to establish this forum that all people know the truth and info from all sides and any way I advice every one to not pay anything or purchase anything before site views in realty because it will give you a totaly new Ideas and will help you to make a realy concept if what can fits you i hope this is not bombarding
