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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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Moubarak 7 - Page 12

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  #111  
Old 02-10-2008, 04:44 PM
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Thanks for this Nutkenz. Have e-mailed you.
Thanks for that, unfortunately the plan does not identify the different phazes. Can you enlighten?

Cheers
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  #112  
Old 05-10-2008, 01:21 PM
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Thanks for that, unfortunately the plan does not identify the different phazes. Can you enlighten?

Cheers
Hey John and Kate,

The 1st image is for 1st phase which extends from the road to the middle of Mubarak 7.
The second image is 2nd and 3rd phases: the villas with bigger spaces in between are of 2nd phase, and the more pushed to each other represent the last phase - the same land size.
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Moubarak 7-m7-1st-phase.jpg   Moubarak 7-m7-2nd-3rd-phases.jpg  
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  #113  
Old 06-10-2008, 09:24 AM
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Thanks for that, all is now clear. Glad we bought in Phase 1
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  #114  
Old 12-10-2008, 02:27 PM
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Hi Paul, always ask the agent for the developers Due Diligence Report, before even wasting time and money on trying to find out where the project is. Dont go anywhere near the project without knowing if the contractor has this licence to start marketing.
Best Regards,
Janet
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  #115  
Old 18-01-2009, 05:09 PM
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Hi,

How much are these villas these days?
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  #116  
Old 18-01-2009, 06:07 PM
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Half of the unfinished villa about USD 100.000, full unfinished villa double this price. Prices for finished ones vary a lot depending on features, proximity to the sea and phase.
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  #117  
Old 18-01-2009, 06:10 PM
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Thanks, how much to finish 1/2 villa?
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  #118  
Old 18-01-2009, 06:21 PM
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Hiya,

Prices vary for in and out. But the average seems to be around 40k for inside and out. Outside would be with a pool and jacuzzi and all the landscaping.

If you just do inside and just grassed over the outside area u are looking around 20k.

Bear in mind that most of the villas in mubarak 7 come without the cost of the land included. So the bigger the land with the villa the more u will have to pay. This is done in instalments over a 3 year period.
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  #119  
Old 18-01-2009, 06:47 PM
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Default Mubarak 7

yes the price of half villa start from 99.000 $ fully unfinished, but the price depend on which phase, garden area and with or without sea view, any way we have more than 35 option of villas.
regards
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Moubarak 7-dsc01155_777x583.jpg   Moubarak 7-googleearth-7.jpgعلاشقشن 7.jpg
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  #120  
Old 18-01-2009, 09:32 PM
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Originally Posted by cin7166 View Post
Thanks, how much to finish 1/2 villa?
I would suggest about EGP 850 for a high quality finishing without furnishings. Let us say you have 120 m2 on the ground floor and the same on the 2nd floor, 2 bathroom and 2 bedrooms on each floor and of course plus landscaping without having to buy out the land. If you want to build a pool, you will have to do that.

To tell the truth the building quality of these villas is pretty low, so you will have to work a lot on finishing here. Also a big concern is general maintenance which is not performed by the developer of these villas. So unless the owners cooperate, can be some mess around (I constantly stumble on garbage piles in the area)
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