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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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Best value in Egypt - Page 23

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  #221  
Old 15-01-2008, 04:32 PM
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Hi,

I'm sure some will try it on maybe the way forward would be to set up a residents committee as suggested previously on the forum and let the residents control the security and maintenance of the development.
It's a matter of getting all of the residents together.
After all the development is freehold and does belong to the residents collectively.
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  #222  
Old 15-01-2008, 06:01 PM
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was on a different forum today there was people complaining of not getting there contracts through and some got them with the wrong apartments had asked for three bed but only got a two reason was that the company had changed around the rooms when building some was changed from the front to the back of the building
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  #223  
Old 15-01-2008, 06:52 PM
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this was posted on the forum

Hello dear friends,

This is regarding a formal complaint which has been made to the
"Association of Property Professionals" regarding the actions of
Resort Alliance in the way they have been selling the resort Oceon
Breeze at Sahl Hasheesh.


Any information or support in this case would be appreciated from the
owners of this resort or from anyone else who knows anything about
this resort. You can support us by placing your comments on this website, replying directly to me and/or writing to Resort Alliance yourselves.


For those who are new Sahl Hasheesh is an Egypt development which
contains several resorts including Ocean Breeze, Serrenia, Palm Beach
Piazza, El Andalous as well as hotels and amenities such as The
Pyramid, Hotel Pyramisa, Oldtown, Hotel Alexander, Hotel Ibrahim
Pasha, Old Palace Hotel, Hotel Pharaonic, Piazza, Sunken City, Pier.


I bought a 2 bed 102 sq m. apartment 7.1.07 at Sahl Hasheesh over a
year ago through the Superior Group in England. However when my
contract got sent out it just showed a one bedroom 102 sq m apartment.
I gained assurances from Superior and Resort Alliance that I would get
the amended floorplan sent out to me to make it into a two bedroom and
there would be no charge for any change or any future change to the
apartment layout. So I signed my contract and sent it back with my 40%
first stage deposit noting on the contract that I was waiting the
amended floorplan at no extra cost. From August to January Resort
Alliance kept promising me I'd be getting my amended floorplan back
within a short period of time. Then from April to May Resort Alliance
stopped returning my emails and voice messages I left with them at the
office. I escalated this up with Superior in June and to my shock
found out that the Oceon Breeze plans had been considerably amended a
few months back - with the result that the place where my apartment
7.1.07 had been, had now been changed to now be another number 7.1.08
which had been sold to someone else!!! My apartment 7.1.07 did not
exist anymore!!! After considerable pressure over the last few weeks
Resort Alliance finally came back with an offer of a replacement.
However this was only a 1 bed 70 sq m. apartment which was not only 32
sq m. less than what I had payed for (30% less) but wasn't even a two
bed. Naturally I was shocked and asked why I couldn't at least have
one of the large number of apartments over 89.5 sq m. that were still
available. To my amazement Resort Alliance then told me that my
contract had never been signed by the developer so I had no right to
claim anything. Later to my greater shock Superior advised me that the
reason my contract had never got signed by the developer was because
they had never agreed to the alterations that I'd made to the contact
to say it was pending a two bed floorplan at no extra cost. I had
never been informed of this previously and had never been informed of
any of the changes to the Resort even though Superior and Resort
Alliance had known about this for months previously. I subsequently
then filed a complaint with Resort Alliance to their directors with
many questions but they declined to answer any of the questions.


I have now formally placed a 16 page complaint about Superior and
Resort Alliance with the Association of Property Professionals (AIPP)
in England regarding this whole debacle. Superior have also advised
that Resort Alliance are also a member of a German Property
Association but declined to provide the details. I have asked Resort
Alliance which association they are a member but am still awaiting a
response. If anyone else knows who they are can you let me know.


I am sincerely hoping the AIPP will be able to resolve the situation. I am already aware of other people who are in a similar position like me. If you have also been affected I suggest that you write to them as well listing your complaints. You can contact me for more details who they are or you can search for them on Google. The more visibility and pressure we can put upon Resort Alliance and their agents the more they will be forced to start acting professionally and start being accountable for their promises.


If any other people who did manage to get their contracts signed and
now own apartments on this resort also want to support us on our
claims that would be appreciated too. You can support us by placing
your comments on this website and/or writing to Resort Alliance
yourselves.

Last edited by jeremy bright; 15-01-2008 at 07:02 PM. Reason: update
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  #224  
Old 15-01-2008, 07:05 PM
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and this one for Desert Pearl

Hi all we had the same experience of our apartment being sold too two different people??

We first paid the 40% deposit on the first day of sales and where the third people to do so.We got details etc from the Spanish side after a few angry phone calls.All the paper work was completed wrongly in Spain and so when it was transfered to the UK side of the business alot of people had no contracts or found that there apartments had actually been DOUBLE sold.

We refused point blank to move apartments unless we received some compensation which they have given us and we have now moved down 1 floor directly underneath our originall.Overall we are not to worried re the management side as we used Lifetime lawers and then used a private lawer just to double check stuff and all went well with no problems.And to help matters they are also well in front with the build and reckon on a month early.Also gone up at least 51/2 thousand so even if sold when finished we make a few bob.I have found the furniture pack a little expensive though.



Thursday, July 26, 2007

Hi all,

I too, have reserved an apartment in this complex (3bed), but have been totally hacked off with the response from Worldwide Destinations. We reserved back in October and it took us 2 months to get any receipt for the deposit we paid. Once they sent the contracts to us, I thought it best to get them checked out by an English speaking lawyer in Egypt. She came back with lots of changes and questions that needed answering of which I forwarded to WD back in Feb. After numerous emails, we still received no response by the end of May. I have now issued a letter to WD, telling them that I now wish to get my deposit back as they obviously do not value my investment and I have instructed my solicitor to start proceedings.

Funilly enough, a few weeks ago, I received lovely copies of the contracts that had been bound properly with a lovely accompanying letter through the post. All the details that I had previously requested to be ammended STILL had not been changed! - they are absolutely useless!

I just give up





Monday, July 09, 2007

ngreen

Send private message to ngreen OK.

I have had an apartment reserved for about 8 months now, I was one of the first in. I have recently found out (not through the developer) that the floor layout has been changed and my apartment is now on the other side of the building. If mine has moved so have a lot of others. You can not speak to the developer and all there agents are told that under no curcumstances should they pass on the developers details to clients. I will be pulling out of this one and my best advise is for all of you to do the same.
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  #225  
Old 15-01-2008, 08:40 PM
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also this was just sent to me is the 2nd time noticed talk of a change

The resort we are buying at in Hurghada, they have said we get to buy freehold but upon selling the property to someone outside of the family we are being told it reverts to leasehold, we think its just the resort trying it on as knowone seems to know of any changes
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  #226  
Old 16-01-2008, 12:05 AM
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Sounds a bit iffy,unless they are putting that in your contract.
I certainly wouldn't agree to that.
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  #227  
Old 17-01-2008, 11:18 AM
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Hi people,

Does anybody have any information regarding other developments in Luxor or Alexandria as well as around Hurghada,El Gouna,Sahl etc.
If you have any new info please let's have this info.
I have been looking at Luxor and Alexandria and find some developements are advertised to be better value in some areas.
All info is welcome,PLEASE REMEMBER NO PROMOTIONAL INFORMATION AT ALL.
If anyone is unsure on what is/isn't promotional please get in touch with any moderator for clarification.That aside keep it coming People and thanks in advance.
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  #228  
Old 26-01-2008, 05:48 PM
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Hi Guys whilst in Egypt I came acrose a lot of smaller developments within the esplanade area of Hurghada various sized apartments at really good prices,They are in developments of around 50 properties upwards,so as I have said before go and have a look as you will all be pleasantly surprised.
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  #229  
Old 28-01-2008, 05:49 PM
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When in Hurghada and Sahl last week we saw a lot of new developments going up.
There is also a lot of activity in the Arabia district.
However prices for the majority of these developments seem to be on the up with a lot being on a par with the touristic area of Hurghada this obviously does not include Sahl.
I think prices will increase sharply this year so if you are looking to buy,do your homework and take the plunge.
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  #230  
Old 28-01-2008, 07:12 PM
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prices will increase by end of March 2008 20 to 25%
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