Marsa Alam

[propertyborders]

Originally Posted by awahee123

Marsa cetainly sounds as though it could be a contender for a top holiday resort for the future.
I'm sure there will be a lot more developments coming out of Marsa in the next few months.

I agree but the price per square needs to be more attractive to get the mass investors.

What do you think of the prices in Marsa vs Hurghada??

[awahee123]

Originally Posted by propertyborders

I agree but the price per square needs to be more attractive to get the mass investors.

What do you think of the prices in Marsa vs Hurghada??

Hi,

I think you are right regarding the price structure, it does seem a little excessive for the region and for what's on offer at the moment.
I think the developers have decided to up the prices from the start which I agree could be the only thing that undoes Marsa, if you see what I mean.
The brainy ones may realise earlier and decide to be more competitive,however you will get some who are prepared to sit on a shell and just wait for prices to creep up.
It's one for the future but for me my money is on Hurgada for now,
There is something for all here wether you are looking for beachfront or a bit further back.

[leeds]

HI, i have just joined this forum and also thinking about putting a deposit on this development. has any one else found any other developments in this region that may be on interest before i take the plunge, also want to visit the area can anyone reccomend a hotel out there, thanks

[samui13]

Hi Leeds

If you get the coordinates off your agent (I dont have them with me at present) you can actually scroll right into the development spot.

We have put our money down - people said it was expensive but felt we liked the price and I couldnt see much else in marsa on the agents websites - you may find more if you are actually out there but time would not permit this for us - time is money, so we were happy to pay the price.

I know the Badawia resort in marsa is just along the cost (5 mins or so). If you go on google earth you can see all the hotels in the area. There looks like building either side of the actual plot of land already (whether that it going to be hotel or apartments I do not know).l

Good luck.

Lou

[leeds]

Thanks for that,
decided to take the plunge and opted for a 2 bed middle appartment, if you have any photos or any thing please let me know,

leeds

[samui13]

Just been advised by my agent that the launch for Marsa Alam Beach Resort has now been put back to 15 March 2008!

The specific question I asked last week when I filled in my mortgage application form last week and ordered the funds for end of Feb was is it still scheduled for end feb - "Yes" they said - typical!!!

[bombers]

hi all
looking at development and havent got much info so was wondering are the 2 bed in middle better value since alot have gone for them ,maybe ye have previous experience in market, have noy seen any layout
any advice appreciated good or bad!
also new to investing abroad

thanks
bomber
ps not a agent/seller

[taylorka]

Hi
I am still thinking about investing in the Marsa Alam Beach Resort, am very much in two minds...I have been considering this investment for a while now......

[cin7166]

I've invested in a 2 bed middle apartment. You have to be in before the 15th March for 10% pre launch discount.

[taylorka]

i am considering a 2 bed penthouse but i think what is putting me off is the amount they want up to the 6 month mark. maybe i should consider the middle apartments too. decisions decisions