Properties in Port Ghalib or Marsa Alam

[awahee123]

Hi Peter,

Looks like Thomas Cook from Manchester,Thomson from Gatwick.
Prices leaving from either airport on 19/12/2007 for 1 week are around £150 mark per person inclusive.

[flip]

Whats the average price of properties in this area? is it cheaper then Hurghada. If its not I dont think many people will buy.

[J4hurghada]

Originally Posted by awahee123

Hi what did you think to Marsa Alam, what are the pluses and minuses if any?..

Marsa Alam. is a very small place, we drove through to Hughada which took 1 and 1/2 hours in taxi. a bit like driving to Cairo sea on one side and desert on the other. If hurghada prices go up we would like to buy a small piece of land there and build our own villa. If the timing is right.

Taxi's are very expensive at moment.
not alot to see
small town looks like John Wayne lives there.
Hotel's are 5* and need to be to keep you in them.

With devolpments happening it will proberly get alot bigger.

hope this helps.

[J4hurghada]

also flights go into Marsa Alam on Wednesday from manchester and the airport only opens when the flights are due, not alot of shops in the airport. So do your duty free before getting to the airport.

[awahee123]

Originally Posted by J4hurghada

Marsa Alam. is a very small place, we drove through to Hughada which took 1 and 1/2 hours in taxi. a bit like driving to Cairo sea on one side and desert on the other. If hurghada prices go up we would like to buy a small piece of land there and build our own villa. If the timing is right.

Taxi's are very expensive at moment.
not alot to see
small town looks like John Wayne lives there.
Hotel's are 5* and need to be to keep you in them.

With devolpments happening it will proberly get alot bigger.

hope this helps.

Hi J4,

I think anybody thinking about buying land for development, now would be a good time to invest,remebering you have to start and finish building on a certain percentage of the land within an alotted time.

[Nefertary]

Hi, I just have a friend and she's going to buy a plot of land in Marsa Alam, she asked me also to ask more info, so her budget is $25.000 and she would like it on the beach or very near. Please ,anybody can tell me, is it possible to buy a plot of land in Marsa Alam by this budget. I told her that it's impossible, but may be I'm wrong???

[dave99]

Originally Posted by J4hurghada

We have been to Marsa Alam this January, It has it's own airport which only opens when the plains are due to come in.

That big eh !

Always get good attention then.

[dave99]

Originally Posted by flip

Whats the average price of properties in this area? is it cheaper then Hurghada. If its not I dont think many people will buy.

I'd buy if it looks good.

Pity it's so far by car from Hurghada - I'd love to take a look.

.

[dave99]

Originally Posted by Nefertary

Hi, I just have a friend and she's going to buy a plot of land in Marsa Alam, she asked me also to ask more info, so her budget is $25.000 and she would like it on the beach or very near. Please ,anybody can tell me, is it possible to buy a plot of land in Marsa Alam by this budget. I told her that it's impossible, but may be I'm wrong???

What size plot is needed.

Plot of 300 sqm went for about $40,000 in the Arabia Beach District in Hurghada last year, but not sea front.

My guess is that if there are plots anywhere near the main built-up areas, hotel etc it will cost far more than $25,000 for 300 sqm, if it already has been zoned for building.

.

[dave99]

Originally Posted by Peter Mitry

Have you had any luck finding anything yet? Myself and a group of other investors are considering developing a small complex designed specifically for the norther European market; good size balconies, bathrooms and wet rooms, modern furnishings, ducted air con, plasma teles with satellite in living room. We will be looking for a suitable site in January and hope to launch the project late Spring with completion Summer of 2009. We would be interested in hearing from anyone interested in getting involved. Please PM me for more details.

Sounds like a nice idea. Looking forward to progress updates.