Quote:
Originally Posted by distant dreamer
In Egypt it is quite common to pay towards communal areas, but most developments include that in their original price. For example, I'm buying a 120 sq mtr apartment in El Andalous, but when you actually work out the apartment size its around 100 sq mtrs, so the extra 20 sq mtrs is for the "side areas". On their price list it gives a total price, which clearly states including "side areas". It doesn't seem very fair if you are expected to pay extra to the price you have originally been quoted and as you say makes it a very expensive project. For this sort of price you'd definitely be better considering Sahl Hasheesh or even El Gouna, where you can see what you are getting for your money!
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I am still awaiting confirmation with regards to extra potential costs relating to the community area.
One thing investors don't like are surprises.
RED