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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 9

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  #81  
Old 13-06-2008, 01:56 PM
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could someone tell me where mubarak 7 is please? I've seen it advertised but wasn't sure where it was in relation to regency beach. I would like to keep looking for an alternative just in case it all falls flat
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  #82  
Old 13-06-2008, 02:03 PM
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Its located in between El Gouna and Hurghada. But not beach side.
Properties are villas, you have the option of buying a whole, half and some companies have split them into individual apartments.

KR
Victoria
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  #83  
Old 13-06-2008, 02:23 PM
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Quote:
Originally Posted by simpywimpy View Post
could someone tell me where mubarak 7 is please? I've seen it advertised but wasn't sure where it was in relation to regency beach. I would like to keep looking for an alternative just in case it all falls flat
Dear Simpywimpy find attached Mubarak7 location
But its not beach front
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  #84  
Old 13-06-2008, 07:46 PM
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Default Moubarak 7

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Originally Posted by egypt View Post
Hi Ed & Deb,

Yes Moubarak 7, We are in the second Phase, just before the road to the 3rd Phase from what I recall it is only a short walk away....

We have bought the villa unfinished and are looking at moving out in the next couple of months to complete it.

I was last out in January but my Hubby was out in March and going in a few weeks time.

I have noticed that a lot more people are now buying resales and you tend to find that they want to complete them rather than sit on them so hopefully you will start to see some that are more complete.

There are about 3 around us which are nearly finished which is more promising and I guess once more people complete the supermarkets etc will open up.

Have you bought the place as an investment or to move to?

Hope it all works out well for you

Victoria
Hi Victoria,

thanks for the reply and the good wishes.We basically bought the apartment for two reasons,as an investment and also to move to when we retire.I,m 45 and Deb is a glamourous 50 lol(no she is really glamourous).Debs from Saskatchewan in Canada and she wants to retire some where with
"No bloody snow like ever" lol.

I however love the Snow

Hurghada basically ticked all our boxes,i like all Board sports,snow,kite wake boarding etc etc.And also i have'nt noticed many other places in Hurghada quite like Moubarak 7.

What sets it apart is it has a more residential feel and the way the villas are set out means you are not going to have such a high concentration of people and activity as opposed to the resort complexes.By this i mean that on the resorts the apartments are basically stacked on top of each other and are also set very close to each other.Along with all the clubs shops etc etc on these complexes and resorts combined with the opening hours you are pretty much going to have activity 24 7.

Also what with the Sal Hasheesh project in the south and gamsha bay in the north the indicators are that the "Bit in the middle visa vie where moubarak 7 and environs is,should reap the benefits of both projects,i,ve also read that there is a new carrefour mall being built nearby as well.

However i,ll stand to be corrected on any point on this post please people of this superb forum .

Rgds from Ed and Deb
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  #85  
Old 19-06-2008, 02:53 PM
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Does anyone know about the Maintenance fees for people owning places in Mubarak 7 and how it works ie one off payment or yearly etc

And how much?
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  #86  
Old 19-06-2008, 05:33 PM
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Quote:
Originally Posted by egypt View Post
Does anyone know about the Maintenance fees for people owning places in Mubarak 7 and how it works ie one off payment or yearly etc

And how much?
I'm afraid you do the maintenance yourself, the money you pay for government is for cleaning the streets and so on, services
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  #87  
Old 20-06-2008, 09:12 AM
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Thanks for that as I was not sure..

What do we have to pay the government?

Thanks
Victoria
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  #88  
Old 20-06-2008, 10:59 AM
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Quote:
Originally Posted by Ed the Druid View Post
What sets it apart is it has a more residential feel and the way the villas are set out means you are not going to have such a high concentration of people and activity as opposed to the resort complexes.By this i mean that on the resorts the apartments are basically stacked on top of each other and are also set very close to each other.Along with all the clubs shops etc etc on these complexes and resorts combined with the opening hours you are pretty much going to have activity 24 7.
ED

I agree about the advantages of being in a residential setting ,especially if you plan to use the place mostly yourselves .

That rooftop bar above your apartment may be handy but when your ornaments are rattling to the sound of the bass from it at 2am its a diffferent matter !!
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El Gouna - Life as it Should be

http://www.villa-vacation.com/home-rental-12686.htm
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  #89  
Old 20-06-2008, 09:25 PM
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Quote:
Originally Posted by egypt View Post
Thanks for that as I was not sure..

What do we have to pay the government?

Thanks
Victoria
you welcome any time Victoria if you have any further questions let me know
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  #90  
Old 21-06-2008, 12:40 PM
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Default Residential Settings

Quote:
Originally Posted by crombiestone View Post
ED

I agree about the advantages of being in a residential setting ,especially if you plan to use the place mostly yourselves .

That rooftop bar above your apartment may be handy but when your ornaments are rattling to the sound of the bass from it at 2am its a diffferent matter !!
Hi Crombiestone,

thanks for the reply,true enough,i,m all up for some night life now in my "aherm" mid 40's lol,however i,m not so sure i will be in another 15 or so years lol.I'd rather go TO it than be In IT.

Rgds from Ed
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