Quote:
Originally Posted by Sveta and Sergio
hello,
we are new here. we are looking at buying a holiday home in hurghada we met with a couple developers about two moths ago. one asked of the companies asked us to send the deposit to the united kingdom. we asked a attourney that we met with in hurghada about this, and he said this is against egyptian law for a developer have money sent out of the country for a property being biult in egypt, and that the egyptian govermnent is starting to investigate anyone doping this, and to take all there property. has anyone else been asked to send any of there payments out of egypt. can anyone recomend a good honest develper company?
Thank you.
svetlana and sergio and two cats
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Dear Steve and Sergio and sure the 2 cats
If you navigate through this forum you will know exactly which developments are good and which ones have problems, so we can't say who is bad and who is good because everyone of us have a different point of view, but what i recommend you is don't biu before you visit our Beautiful city Hurghada, visit the site location, visit the Developer office, and gather as much info as you can then you will have enough information and real life experience about different developments and then decision will be much easier and more safe for you
Regards
George