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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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La Serena Nabq Sharm

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  #1  
Old 24-03-2008, 08:53 AM
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Default La Serena Nabq Sharm

This development is in the area of Nabq where we are buying.

It consists of studios, 1 and 2 bed apartments.

The development is within walking distance to the Mangrove National Park in Nabq and the beach see Nabq Protected Area and is 1 min

There is also an 18 hole golf course being built in Nabq and I believe 9 holes are already completed.

The development will have a large pool in the centre and 2 smaller ones towards the front of the complex. There will be landscaping, security, maintenance, DSL etc.

The one beds are 75m2 and 2 range from 80 up to 120 with a 10 yr building guarantee.
Rental Guarantee of 9 % for 3 years with allowance of 4 weeks (2 high season and 2 mid season) for owner occupation.
Maintenance charges are 50le per m2.

Nabq is about 10 mins from the airport with the beach on your doorstep.
There are about 3 shopping malls - 2 newly bilt which have lots of shops, bars and restaurants and Hard Rock is coming soon.
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Old 06-05-2008, 09:34 PM
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Default La Serena Nabq Bay

Just reistered my interest in this new off plan ??? anyone ever heard of it???
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Old 06-05-2008, 09:50 PM
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Hi Teds and welcome to the forum. As you can see I've merged your thread with an existing one on this development. We hadn't had any replies to it so it gradually moved down to page 7. Maybe now it's back on the first page we might get some replies for you. What size apartment are you hoping to buy?

We've had lots of new members this week and I've been asking them all if they wouldn't mind posting a little bit about themselves on the Introductions thread: http://www.propertycommunity.com/forum/egypt...ctions-34.html. It's not obligatory of ocurse but it's a good way to 'meet' everyone and for us in turn to meet you.

Meantime if you need any help finding your way around the forum or have any questions at all, please feel free to ask one of the moderators - myself, Alison (queenie40something) or Lyndsay552.
Best wishes
Linda
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Old 06-05-2008, 10:34 PM
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Hi Teds and welcome. This development is just up the road in Nabq to where I have bought. The prices last year were very cheap but I think they have gone up. What do you need to know about it or the area??

Regards

Alison
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Old 17-06-2008, 04:15 PM
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Quote:
Originally Posted by queenie40something View Post
I have put a video of our apartment on youtube YouTube - Sierra Nabq june 08
hi all, have any of you heard of laserena in nabq bay, if so is it ok, thanks debbie
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Old 17-06-2008, 04:40 PM
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Hi Debbie yes I have. It is off plan and at the other end of Nabq near to the Mangrove Park. It is near to the new golf course they are building. There will be a large pool in the centre and 2 more towards the front. The development will have over 300 rooms. A friend of In2 ( Darren ) has bought here so he may have some pics that he could post for you in the La Serena thread. I think phase 1 is due for completion in Aug and the rest up to 18 months after ( will be longer as Egyptian time ! ) I have seen pics taken in April this year and it is still a long long way off yet. The pre release prices were very good - under 15K for a studio but they will be more expensive now.
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Old 17-06-2008, 04:44 PM
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Hi Debbie - I have moved our posts into this thread.
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Old 17-06-2008, 05:32 PM
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Originally Posted by queenie40something View Post
Hi Debbie - I have moved our posts into this thread.
thanks, how do i move into different threads ie sharm, do you know if the developer is ok, thanks, debbie
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Old 17-06-2008, 05:40 PM
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Hi Debbie - only mods can move posts and threads once they have been posted. I will try and find out for you.
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Old 24-06-2008, 09:50 AM
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Originally Posted by leeds View Post
hi all, have any of you heard of laserena in nabq bay, if so is it ok, thanks debbie
Hi Debbie

I have just forwarded a deposit on a 1 bed in La Serena, it seems a good deal. I am dealing with Roland Meli in the Manchester Office. In 6 weeks I hadnt heard from them not even a receipt for £28750 I sent an angry email and Roland was in Sharm sorting out the wording of the contract. My 1 bed is overlooking the road with a glimpse of the sea from the balcony. Have you invested there???

Teds
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