Quote:
Originally Posted by webbo
Alison
With regard to the retrun trip to El Tor what did you mean your taxi charges £15? and also do you have an email address for Zeiad?
Thanks in advance
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Hi - the taxi I use in Sharm charged me £15 return to take me to El Tor and back ( El Tor is about an hours drive from Sharm ) to get my multi entry and residents visas at the passport office and then on to the Notary to get the Power of Attorney for Zeiad. His contact details are here
http://www.propertycommunity.com/forum/egypt...rty-egypt.html
I would say to check out the developers reputation and ask what others he has built and if they were finished on time. Check things like the maintenance fee and what these include, hotel management ( do yoiu have to take the developers furniture pack to do this ), check elec and water meters - are these charged extra for. Make sure you have a late penalty clause in your contract so if the developer is lae in handover if off plan then he pays you so much per month. With regards to rental I think over £400 a month long term for a 2 bed apartmet is a bit optimistic. Average is about £200 / 250 a month for 1 bed. You could get about £300 a week for short term holiday lets to holiday makers in the UK dependng on where the development is and what facilities are on offer.
Alsobe aware that if you have a top floor apartment this is normally more than ground floor to install air con and also ask if you have top floor with sole use of roof top if there will be a door at the top where you have the key as some dont so this makes it ' open ' to others to use your roof terrace.