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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.

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Hania Beach, Central Hurghada, Egypt - Due for completion Summer '09. - Page 70

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  #691  
Old 31-05-2008, 02:18 PM
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Hi Sharkboy - you need to go here for the private forum: http://www.propertycommunity.com/forum/egypt/

but I think we're mostly sticking to this thread for information at the moment.
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  #692  
Old 31-05-2008, 09:30 PM
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Thanks for the web connection.
Arent the pictures looking good,reminds me of a place we used to pass through on the way to diving in Taba. Amazing how fast they go up.
Anyone recommend a nice place to stay for a long weekend or week in the couple of months so i can visit the plot and go diving of course! might even take my golf clubs this time..
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  #693  
Old 01-06-2008, 03:41 PM
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Im hoping to do the same thing myself mate but I was going to wait untill some type of work had actually started so I can see how its coming on.

Havent dived in just under a year!
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  #694  
Old 02-06-2008, 03:49 PM
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After doing a bit of research I have found out that it can take many weeks to conduct an accurate due diligence. How Zeiad will manage this in a few days I'm not sure.

As a consequence I am going to use the services of a UK lawyer, as I will be protected by UK Law and the legislation laid down by the Law Society. I believe Anthony Seddon have already spent many weeks conducting this due diligence, and I believe they are governed by the same legislation that governs all UK lawyers. To expediate the next stage I may actually consider using their services if they can clarify the cost issue (ie, £1,000 or £1,250). I have already seen the due diligence conducted in October 2007, and there seems to be no issues raised in that report.

Getting a little frustrated with waiting around and just wishing to speed up the next step.

Last edited by redangel7861; 02-06-2008 at 04:12 PM.
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  #695  
Old 03-06-2008, 03:12 AM
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Hi redangel, I am having trouble getting a reply from Zeiad probably cause he is busy doing every other hania beach customers contract. So i am looking for another lawlor! I was interested in the lawlor you mentioned above, What is his contact details? and if there is any other information you can give me it will be much appriciated.
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  #696  
Old 03-06-2008, 05:55 AM
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Quote:
Originally Posted by hurghada View Post
Hi redangel, I am having trouble getting a reply from Zeiad probably cause he is busy doing every other hania beach customers contract. So i am looking for another lawlor! I was interested in the lawlor you mentioned above, What is his contact details? and if there is any other information you can give me it will be much appriciated.
If you're interested, the lawyer for the Regency developments is Mr Morris at LAW Ltd - we're using him for our apartment on Regency Beach. He is also highly recommended by members of the forum. We're using Zeiad for Hania because of his reputation and the fact that his fees are so much lower. If you'd like Mr Morris' details, let me know.
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  #697  
Old 03-06-2008, 09:29 AM
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Quote:
Originally Posted by hurghada View Post
Hi redangel, I am having trouble getting a reply from Zeiad probably cause he is busy doing every other hania beach customers contract. So i am looking for another lawlor! I was interested in the lawlor you mentioned above, What is his contact details? and if there is any other information you can give me it will be much appriciated.
If you have purchased on Hania, then you should have received Anthony Seddon's details through the post as have many other investors.
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  #698  
Old 03-06-2008, 09:45 AM
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Originally Posted by MrSkipsey View Post
No and No and both of those mate. All very frustrating!
Me neither.. have emailed and no response either.. Getting a bit nervous cos my balance was due paid today. I have emailed the agent and they seemed ok about it but still.. i would like to get this moving (before i spend the cash on shoes !!).. anyway, has anyone got a contact number or something other than this email that they dont seem to reply to.
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  #699  
Old 03-06-2008, 09:50 AM
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Originally Posted by tima View Post
Me neither.. have emailed and no response either.. Getting a bit nervous cos my balance was due paid today. I have emailed the agent and they seemed ok about it but still.. i would like to get this moving (before i spend the cash on shoes !!).. anyway, has anyone got a contact number or something other than this email that they dont seem to reply to.
Try this number:+20 12 334 4988

I've tried it before but get no response.

The communication and time scale issue is one of the reasons I've decided to go with a UK based lawyer, that plus the protection offered by UK legislation under the Law Society. It may cost more but it's safer for UK investors.

Again, this is my opinion only and not offered as advice.

Last edited by redangel7861; 03-06-2008 at 10:04 AM.
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  #700  
Old 03-06-2008, 10:17 AM
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I'm confident going ahead with Zeiad but in any case, pennies are a bit tight at the moment. An extra £500 won't be easy - not for a month or two anyway

Last edited by Lsab; 03-06-2008 at 10:20 AM.
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