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Egypt property The property market in Egypt is primarily focused around the Red sea and Mediterranean coastline. Property investors are also buying in and around the main urban hubs of Cairo, Alexandria and Luxor, The Egyptian governments pro-active policies for attracting overseas investment has created an economic climate geared for growth in the Egyptian property market. Do you agree? Please state your views and opinions here on our new Egyptian property forum.

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Will hurghada have oversupply of beds ? - Page 3

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  #21  
Old 08-12-2007, 08:58 PM
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I think demand is there now,I was talking to a friend of mine who is a manager in the red sea hotel chain,he assured me there's no rooms available at christmas as the dutch usualy book them up.
I didn't really discuss any other parts of the year but I think Hurghada and the surrounding developments will become very popular throughout the year.
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  #22  
Old 09-12-2007, 12:35 PM
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Yes ...the demand for rooms is a problem at the moment.
My sister came out on the Tuesday Thomas cook flight last week and when she was flying back we couldn't understand the times on the ticket.
When we called into the office here we were told that because of lack of rooms they were combining flights...her flight flew to gatwick..dropped off then flew on to manchester
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  #23  
Old 12-12-2007, 09:29 AM
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Personally I do not think that the new apartments being built will produce an over supply of beds, at least not in the short term. What is needed is a more organised agency for bringing the availability of rooms together, maybe in a dedicated Egypt rentals site, and matching this to the demand.
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  #24  
Old 12-12-2007, 08:04 PM
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Maybe we could start one on this site,any thoughts anybody???
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  #25  
Old 14-12-2007, 01:22 PM
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Here's a new rental agency that seems relatively efficient in my first dealings with them:

Red Sea Rentals ~ Self catering sea view properties and more ~
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  #26  
Old 21-12-2007, 05:50 PM
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Default hurghada prices

did any1 know that prices in Hurghada will increase by 17% starting the 15th Jan.08 ?
can any1 update me ?
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Old 21-12-2007, 06:21 PM
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Quote:
Originally Posted by hiszein View Post
did any1 know that prices in Hurghada will increase by 17% starting the 15th Jan.08 ?
can any1 update me ?
Prices of what exactly?
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  #28  
Old 21-12-2007, 08:22 PM
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Hiszein I think you are in the wrong post here....
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  #29  
Old 22-12-2007, 10:40 PM
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I have been looking at rental prices recently and prices are higher than I had expected. I need to rent a two bed apartment near the centre in the New Year and I would be interested to get feedback on what I need to pay. Apartment must be furnished and with ADSL connection.
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  #30  
Old 24-12-2007, 05:27 PM
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Default Also interested if cheaper than hotels

Quote:
Originally Posted by Peter Mitry View Post
I have been looking at rental prices recently and prices are higher than I had expected. I need to rent a two bed apartment near the centre in the New Year and I would be interested to get feedback on what I need to pay. Apartment must be furnished and with ADSL connection.
Also interested if cheaper than hotels
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