Regency Beach

[J4hurghada]

come on crombiestone as you bought alot earlier than me how long did it take before you was not sitting on a building site.

I know your in El Gouna and what a lovly place that is, we have our dream home in the middle of a building site, but saying that it is ace when we go, there is always another building going up.

[crombiestone]

Originally Posted by J4hurghada

come on crombiestone as you bought alot earlier than me how long did it take before you was not sitting on a building site.

I know your in El Gouna and what a lovly place that is, we have our dream home in the middle of a building site, but saying that it is ace when we go, there is always another building going up.

We were not the first in our complex but I would say from first person moving in to total completion of the complex was about 8 Months .

Of course Orascom then decided to expand the compound so building work has started at the back of our complex to make a new lagoon . The villas are now just about built but they will no doubt expand somewhere else . Its the price of progress at least because of the lagoons you do not feel like the new developments are on top of you .

[dunkan]

Im buying with cash so no mortgage which makes it a lot easier but it would be nice if my apartment could pay its way and give me a return in income and c/gain, im just greedy

Oh and a have a month out there chilling out

[dunkan]

Ive just recieved my reservation confirmation and it says ive got allocation no 4 !

I wonder how many have been reserved off plan ? it doesn't sound like many have been if ive got no 4 and only just reserved it before the price increase ?

I was also dealing with rightmove abroad and now get an email from property hotspots saying all my payments to go to them.

No proper answers to my questions from rightmove and now im dealing with property hotspots !!

I shall be going to see them as they have an office in my location and get some answers to my questions.

Dunk

[realestatemart]

thatisa correct move to do hope they will give you the info you need

[dunkan]

Originally Posted by realestatemart

thatisa correct move to do hope they will give you the info you need

Im sure they'll give me answers to my questions but with the info im finding out im not sure i'll be going ahead as this possibly isnt the right investment for me.

I know its all a risk where ever you buy if your looking for rental income as i own several shops which i let out, im begining to think that like so many other countries the area will be over developed and lots of rental accomodation will remain empty for long periods.

I'd like honest opinions on a comment in an email to me today.

Emailed me after hearing that im looking at buying in Hurghada, he and his family stayed at Sharm El sheikh 18 months ago and to quote " he wouldnt go back if you paid him too "

Shan't quote the rest but it doesnt sound great.

Dunk

[propertastic]

Originally Posted by dunkan

Emailed me after hearing that im looking at buying in Hurghada, he and his family stayed at Sharm El sheikh 18 months ago and to quote " he wouldnt go back if you paid him too "

Shan't quote the rest but it doesnt sound great.

Dunk

Egypt is certainly not to everyone's tastes - just like everywhere else.

Which is why I, and many, many others, keep saying that potential buyers really need to come over and check it out for themselves before making any commitments.

[lyndsay552]

Hi Dunk,

Just a suggestion - would you be better going for a smaller apartment in Regency Beach and investing in another development as well? It's a way of spreading the risk and overall you may get a better return

Lyndsay

[J4hurghada]

without going out and having a look at egypt you will not know weither you will like it, remembering some people love spain, some England holidays. Everyone is diferent so use your own mind and check it out first.
The prices won't go up over night like the flights do, but they are going up fast, also going out gives you more of an idea as what is on offer.

[J4hurghada]

I have also had 2 holidays in Sharm and found the hotels wonderful. but ended up buying in Hurghada.