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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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Handover dates / Completion - Page 3

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  #21  
Old 19-02-2008, 08:54 AM
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Originally Posted by awahee123 View Post
Sorry, I was under the impression you were in Sharm,I don't know what made me think it.
I bet you are thinking why is he asking me am I enjoying it,I was asking if you were enjoying Sharm Lol.
Oh dear I must be losing it....
LOL I did at 1st think ' does he think I am in Sharm and enjoying it - but then thought no!! '
Hoping to start living out there next year.

Wish I was there now though.
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  #22  
Old 19-02-2008, 09:26 AM
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Hi Nuttybird

Well you have water in your pool now.My other half went to look yesterday and said they had filled the pool.
You are lucky... a lot of the developements still resemble building sites but the British Resort looks ok ...you can see work going on but its mainly interior stuff so the general area looks tidy.
It looks like a quality finish and i think you will be pleased.
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  #23  
Old 19-02-2008, 10:48 AM
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Originally Posted by koshari View Post
Hi Nuttybird

Well you have water in your pool now.My other half went to look yesterday and said they had filled the pool.
You are lucky... a lot of the developements still resemble building sites but the British Resort looks ok ...you can see work going on but its mainly interior stuff so the general area looks tidy.
It looks like a quality finish and i think you will be pleased.
Hi Koshari
Thanks very much for that info.So i"ll be able to take a dip when i go out in April!!
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  #24  
Old 19-02-2008, 10:52 AM
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Thats good news Nuttybird. You can now go shopping for a new bikini!!
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  #25  
Old 19-02-2008, 11:04 AM
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Hiya Queenie
Me in a bikini is not a pretty sight!!!
But i"m working on it!......up....two three....breath.....down two three!!! thats it for today!
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  #26  
Old 25-02-2008, 08:59 AM
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Hi all

My handover date as per my contract is this Thursday.

What are my chances?????

Place your bets here.
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  #27  
Old 25-02-2008, 09:56 AM
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Good luck queenie, is there a penilty clause in the contract in case they dont deliver on time.
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Old 25-02-2008, 10:20 AM
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Thanks Jayne - yes there is a clause - not alot 1000le per month. I have queried this though. We will pay a one off maintenance fee and all the money - around £750,000 - will go into an account and the interest will be used for the maintenance. Once the interest has gone they will dip into the balance. It states that any late penalty payments will be deducted from the £1500 maintenance fee. So if mine is 4 months late then I pay £1100 not £1500. But I have asked about the shortfall of the monies because this will mean that there is less money going into the ' kitty '. Waiting to hear if the developer will make up the shortfall or what. Not had an answer yet.
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  #29  
Old 25-02-2008, 11:49 AM
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Good luck Alison
Hope it all goes through on time for you.
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Old 25-02-2008, 11:53 AM
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Thanks Nutty - cant see it being on time though.
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