Hania Beach, Central Hurghada, Egypt - Due for completion Summer '09.

[redangel7861]

I have just had an e-mail from Dan Tamplin from IPP Ltd. He is looking into this as a matter of urgency. I have also given him Zeiad's e-mail address.

Regards
Red

[Roger]

Originally Posted by redangel7861

I have just had an e-mail from Dan Tamplin from IPP Ltd. He is looking into this as a matter of urgency. I have also given him Zeiad's e-mail address.

Regards
Red

I sent an email to EI customer support last night and copied in Stuart and Dan. I'm sure IPP will find a solution, but I would suggest that anyone who has concerns contacts their agent and/or the developer to add weight to the issue.

[tima]

Thanks Red.. appreciate it..

[redangel7861]

Dear All.

I have just been notified by IPP Ltd that they have spoken to Zeiad via phone and that Zeiad should be reciveing details of the due diligence in the next 24 hours. At this point we should all be able to move forward in this process.

rgds

RED

p.s. I think I've earned myself a bottle of Lucozade!!

[Lsab]

.....make that two

[Roger]

Originally Posted by redangel7861

I have just been notified by IPP Ltd that they have spoken to Zeiad via phone and that Zeiad should be reciveing details of the due diligence in the next 24 hours. At this point we should all be able to move forward in this process.

Good news, Red. Any mention of an extension to the first payment deadline?

Originally Posted by redangel7861

p.s. I think I've earned myself a bottle of Lucozade!!

[/quote]

Only Lucozade??? I'll have a Guinness or two for you tonight

[Chico Red]

Articles i've been reading are stating a rental income of between £195 to £600 per week for beach front apartments in Hurghada based on the views and size of your apartment. RED[/QUOTE]

Hi Red, on rentals, I live frontline in Village Road, 5 star development, private beach, spa, gym, huge pool, gardens, sea view, 65m2, maintenance and housekeeping included, I am 20 metres from the Ocean.

I pay £100 a week.
[/QUOTE]
So the £100 a week is to be multiplied by 52 to calculate the ROI. I don't know where Village Road is, but the rest of the specs sound similar enough. It would be interesting also to know for how much your neighbours rent out their apartments for holidays on a weekly basis?

[redangel7861]

Originally Posted by Roger

Good news, Red. Any mention of an extension to the first payment deadline?

Only Lucozade??? I'll have a Guinness or two for you tonight [/QUOTE]

Stongest alchoholic beverage I've had is night nurse

[redangel7861]

Originally Posted by redangel7861

Only Lucozade??? I'll have a Guinness or two for you tonight

Stongest alchoholic beverage I've had is night nurse

I think the company won't mind if the payments are delayed for a very short period of time. But as soon as we get the green light from Zeiad then they probably expect things to move swiftly from then on.

Rgds
RED

[tima]

Originally Posted by redangel7861

Dear All.

I have just been notified by IPP Ltd that they have spoken to Zeiad via phone and that Zeiad should be reciveing details of the due diligence in the next 24 hours. At this point we should all be able to move forward in this process.

rgds

RED

p.s. I think I've earned myself a bottle of Lucozade!!

Thanks again.. i think you have earned yourself a bottle of wine .... when i see you over there ITS YOURS will get you at the bar just above my appartment (i hope !!) .. Anyway, i have emailed using the email address you kindly gave but still no reply do you happen to have a phone number.. did a quick google search without much joy...Thanks..