Overseas Property News Property News Overseas Property Forum Forums Overseas Property Blog Blogs Overseas Property News Sales Terms & Conditions Acceptable Use Policy
Take Down Policy Privacy Policy Contact Us
Property in Australia Australia Property in Bulgaria Bulgaria Property in Brazil Brazil Caribbean Property Caribbean Property in Cyprus Cyprus Property in Dubai Dubai Property in Egypt Egypt Property in France France
Property in Germany Germany Property in Morocco Morocco Property in Portugal Portugal Property in Spain Spain Property in Turkey Turkey UK Property UK US Property US Property in the UAE UAE

Go Back   Overseas Property Investment Forum > Africa Property > Egypt property

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.

Guest View - Limited Access Only
Register Free Today

maintenance fees in Egypt - Page 5

Reply
 
LinkBack Thread Tools
  #41  
Old 28-09-2008, 11:11 PM
SHO's Avatar
SHO SHO is offline
Senior Member
 
Join Date: Nov 2007
Posts: 139
Default

Dave as Nazab says... in Sahl Hasheesh the utilities are controlled by ERC, and is more expensive than Hurghada.

Quote:
Originally Posted by dave99 View Post
.quote -
"Costs in Sahl Hasheesh are higher from Hurghada as these public utilities are provided by ERC. "

why should costs be higher than hurghada - how much higher - average £960 pa seems very high compared to hurghada.
.
.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #42  
Old 29-09-2008, 07:00 AM
Senior Member
 
Join Date: Mar 2008
Posts: 144
Default maintenance fees in Egypt

Quote:
Originally Posted by SHO View Post
Dave as Nazab says... in Sahl Hasheesh the utilities are controlled by ERC, and is more expensive than Hurghada.
So what you are saying is that the maintenance fees cannot be controlled as there is an outside influence, ERC, who can increase it's charges for provision of utilities whenever it pleases.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #43  
Old 29-09-2008, 09:52 AM
Rivermead Global Property's Avatar
Premium Agency Member
 
Join Date: Jan 2008
Location: Swindon
Posts: 567
Default

Quote:
Originally Posted by danny View Post
So what you are saying is that the maintenance fees cannot be controlled as there is an outside influence, ERC, who can increase it's charges for provision of utilities whenever it pleases.
danny as far as i am aware there is a clause in the contract stating the charges cannot be increased more than 10% per annum.
__________________
Best, Regards, Neil Hollingsworth Tel:01793 602490/07717826505
Email - neil@rivermeadglobalproperty.co.uk Find us on the FreeIndex directory http://freeindex.co.uk/profile(river...rty)_98122.htm and read our reviews.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Sponsored Links
  #44  
Old 29-09-2008, 11:43 AM
Senior Member
 
Join Date: Mar 2008
Posts: 144
Default maintenance fees in Egypt

If that is the case then they are no different to any other resort and shouldn't unduly alarm owners at other resorts with the statements they make

"We want to be honest with our buyers from the beginning and to keep maintaining the compound like a fully operating hotel all year round and not to cut down on services later on....................Other projects asking for less , don’t really know what they are talking about or they will not actually maintain the resort later on, or will ask buyers for more money every year"
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #45  
Old 02-10-2008, 02:24 AM
SuziQ2708
Guest
 
Posts: n/a
Default

Oasis Marina in Al Ahyaa are charging £800 GBP per year fixed for 3 years (in contract) and will not rise above 10% in the following year (also in contract). This does seem rather high considering the low wages/cost of living. Having said this, why should Egypt be the exception, think about it, maintenance charges in the UK are mostly extortionate
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #46  
Old 02-10-2008, 09:19 AM
Georgina's Avatar
Senior Member
 
Join Date: May 2008
Location: El Gouna
Posts: 336
Default

Quote:
Originally Posted by SuziQ2708 View Post
Oasis Marina in Al Ahyaa are charging £800 GBP per year fixed for 3 years (in contract) and will not rise above 10% in the following year (also in contract). This does seem rather high considering the low wages/cost of living. Having said this, why should Egypt be the exception, think about it, maintenance charges in the UK are mostly extortionate
I call out an Orascom plumber, electrician or carpenter in El Gouna and they usually come round within one hour and if it is one small job it costs LE10. Two guys were here the other day putting up a new wall light fitting. It was more tricky because of the wiring going to a light further along the wall so it took a good hour and cost LE20.

To have a room painted costs LE100 including paint and labour and usually takes one day.

I know the villa owners have high costs because of irrigating their gardens and maintaining their swimming pools. I would definately like to see breakdowns of these high charges!! I have mentioned before my bills in total for my one bed apartment cost around LE3500 per year for everything including electricity although I rarely need the air conditioning on because I have windows on three sides and always have a cool breeze blowing through.
__________________
..............O...O
.................O
...><)))*>.....O..
...............O.......><)))*>
............o.....o
................O
............o
........o
Georgina
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #47  
Old 14-10-2008, 01:17 PM
Active Member
 
Join Date: Sep 2008
Posts: 23
Default

What would a reasonable maintenance fee be for a 130 sqm (gross) 2-bed apartment in the north of Hurghada with:

A) Electrical, water and sewage procurement.
B) Public electric current (lighting) and water consumption.
C) Waste disposal, garbage collection and pest control.
D) Internet and satellite system procurement and maintenance.
F) Public areas, ways and facilities procurement and maintenance.
G) Public security.
H) Free private beach
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote

Reply

Bookmarks

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Final Payment, Fees,hand over process, land registration and other related articles wayneis Dubai property 20 26-12-2008 06:55 AM
The way it works in Egypt !!!! dave99 Egypt property 15 17-12-2007 11:12 PM
New & Original Content Peter Mitry Egypt property 45 29-10-2007 03:52 PM

LEGAL NOTICE
By using this Website, you agree to abide by our Terms and Conditions (the "Terms"). This notice does not replace our Terms, which you must read in full as they contain important information. You must not post any defamatory, unlawful or undesirable content, or any content copied from a third party, on the Website. You must not copy material from the Website except in accordance with the Terms. This Website gives users an opportunity to share information only and is not intended to contain any advice which you should rely upon. It does not replace the need to take professional or other advice. We have no liability to you or any other person in respect of any content on this Website.
FORUM PARTNERS
Property Community is owned and operated by the MoveForward.com Limited group. You can find out more about us here. We also run the Expat Forum, an ideal community for people moving overseas and looking for jobs overseas.


Latest Active Threads

All times are GMT +1. The time now is 04:39 PM.

Egypt Property Forum
Egypt Property News
Unanswered Posts
Egypt Property For Sale
Egypt Rental Property
Cheap International Calls
Currency Exchange Tools

SearchSearch the site

Premium Account Benefits
Premium Member Benefits
Cheap International Calls
Currency Exchange Tools

Sub Forums:

Brazil Property ForumBrazil Property
Bulgaria Property ForumBulgaria Property
Dubai Property ForumCyprus Property
Dubai Property Forum
Dubai Property
Egypt Property ForumEgypt Property
French Property ForumFrench Property
German Property ForumGerman Property
Greek Property ForumGreek Property
Morocco Property ForumMorocco Property
Portugal Property ForumPortugal Property
Spanish Property ForumSpanish Property
Turkey Property ForumTurkey Property
UK Property ForumUK Property

Premium SubscriptionList Your Properties With a Premium Membership

Property News
Property Forum
Property Blog
Property For Sale
Entrepreneurs Network


Powered by vBulletin® Version 3.8.3
Copyright ©2000 - 2009, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.3.0