Property rental issues

[queenie40something]

Hi all

If anyone has an apartment they are looking to rent out I have seen this on Egyptsearch

need 1 or 2 bedroom apartment for rent in hurghada or anywhere on the red sea coast. it should be possible to connect DSL connection there

on monthly basis, or if everything will be ok, even on half-year basis.

i need it starting from march 2008 (i'm flexble to set exact date)

This was 1st advertised 8th Jan.

Queenie

[jeremy bright]

Originally Posted by dave99

Not many people on this forum are interested in living in Hurghada and living off rental income - most are looking for a return on an investment, so £3000 pa and having paying to replace furniture, plus maint costs, plus agent fees, tax, etc does not give a return of any significance if you've paid £50K for a 3 bed apartment with all the trimmings in Hurhgada, or at least twice as much in Sahl Hasheesh or El Gouna.

The reference to Russians was from a previous post (not mine).


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i have bought a studio in hurghada village with roof top terrace for £22k and they are offering a 7% rental grantee but i have to buy there furniture pack £2500 or put in the same quality

[propertastic]

GBP2500 is not a bad price for a furniture pack if the quality is good.

[queenie40something]

That is a good price as our developer in Sharm wanted £5000 but did include everything for a 1 bed apart including air cons, tv, white goods, kitche, etc etc.

[jeremy bright]

Originally Posted by queenie40something

That is a good price as our developer in Sharm wanted £5000 but did include everything for a 1 bed apart including air cons, tv, white goods, kitche, etc etc.

is only a studio apartment and prices are higher for larger 1 bed etc you do not get a lot of big things basic sofa bed 1 chair glass Coffey table sideboard glass dinning table 4 chairs fridge freezer oven and hob balcony table 4 chairs then all the bits towels iron cushions etc etc



also has air con in the apart in the price i payed for it

[queenie40something]

Hi Jeremy - ours didnt include an awful lot more - bedroom suite, sofa bed and easy chair, dining table and 4 chairs, tv unit, kitchen units ( only a few ) and outdoors table and chairs. Plus the other stuff mentioned - also curtains, rugs and pics as well as what you mentioned.

[philthecar]

our furniture was 6,000 and we havent even see the quality of it yet !

[queenie40something]

It is alot cheaper to organise the furniture yourself. I have been quoted £800 for fully fitted wardrobes with matching king size bed and mattress, 2 matching bedside cabinets, matching dressing table stool and large mirror. All made from solid wood. The gent I have found will replicate anything. Also kitchens made and fitted at £60 sq m.

[redseasound]

Originally Posted by queenie40something

It is alot cheaper to organise the furniture yourself. I have been quoted £800 for fully fitted wardrobes with matching king size bed and mattress, 2 matching bedside cabinets, matching dressing table stool and large mirror. All made from solid wood. The gent I have found will replicate anything. Also kitchens made and fitted at £60 sq m.

i have to agree guys and gals these prices for furniture are astounding! your better of forking out for a flight and weeks holiday and doing it yourself!

[queenie40something]

Originally Posted by redseasound

i have to agree guys and gals these prices for furniture are astounding! your better of forking out for a flight and weeks holiday and doing it yourself!

..and all made to measure so everything fits perfectly. I went to his workshop and saw them making the furniture and the workmanship was top notch - dove tail joints. He insists on measuring up himself in the apartment as well before he makes it all. Dining table hand made was £40 and chairs £25 each. Really nice sun loungers - like the teak ones here - £25 each with foldaway table attached for those lovely cold drinks!! Water heater was about £90 and about £300 for 2 AC units. Sofa bed £300 and matching chair £90.
If you decide on this option be aware that the factories tend to change the designs of the materials every 2 months. So if you want matching fabric make sure you order it at the same time and from the same batch. Someone I knew did nt and the colour of the scatter cushions didnt quite match.