Quote:
Originally Posted by Len Deeley
I am soon to complete on an apartment in Sahl Hasheesh. This was originally begun through Superior Real Estate but they went into administration. However, this did not impact me and the purchase is going through with Resort Alliance, who are located in Cologne.
My intention is primarily to let the apartment but will use it myself on occasion. Superior were intending to provide managing agent services but this is not looking likely with Resort Alliance.
I am therefore, investigating managing agents that can provide this service for me. Maintenance services I understand will be provided by Resort Alliance.
I am also looking into the options for giving power of attorney for the completion, and have written to Hamdi El Sawy who was recommended to me some time ago by Resort Alliance.
Any helpful advice on the above would be appreciated.
Rgds
Len
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Hi Len,
Are you looking for property management (by which I mean looking after the interior of your property) and a rental company? The terms are confusing and some people assume maintenance means their apartment will be looked after. It almost definitely will not. You are (generally) just paying for upkeep of common areas.
I very strongly recommend you use a UK lawyer covered by UK law society. It is also important for buyers to remember that which ever lawyer you use you must undertake due diligence - a key part of which is understanding how to manage your lawyer from before appointing them, be they UK or Egyptian, and throughout the completion process. My new blog is under development but take a look at some stuff I wrote on due diligence and managing lawyers - this in the first part
here.
I am in contact with a UK based rental company for some of my clients so if you are interested let me know. Its not 100% sorted yet but I'm hopeful.
Hope this helps a little,
Lance