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Go Back   Overseas Property Investment Forum > Africa Property > Egypt property

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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Where have you bought in Egypt and why - Page 2

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  #11  
Old 22-02-2008, 10:22 PM
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Originally Posted by mtrtnik View Post
Suleder (quite good location adn will soon be finished and ready to resell), Lotus and Hurghada Dreams (good location both), all together 10 apartments, mainly 2 bedrooms and yes, it's not for persoanl use but investition For personal use I'm looking to yellow-red beachfront building in front of Lotus development. Anybody have idea of name and developer or some contact where I can buy it?
I think its called Esplanada and Resort Alliance are selling it. Ask Derek (propertywatch1) who showed it to me. Its round corner from mcdonalds.

Regards

WETMIDS33
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  #12  
Old 22-02-2008, 11:11 PM
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Quote:
Originally Posted by mtrtnik View Post
Suleder (quite good location adn will soon be finished and ready to resell), Lotus and Hurghada Dreams (good location both), all together 10 apartments, mainly 2 bedrooms and yes, it's not for persoanl use but investition For personal use I'm looking to yellow-red beachfront building in front of Lotus development. Anybody have idea of name and developer or some contact where I can buy it?
which lotus we are talking about? or which area can you be morespecified?
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  #13  
Old 22-02-2008, 11:13 PM
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Originally Posted by WESTMIDS33 View Post
I think its called Esplanada and Resort Alliance are selling it. Ask Derek (propertywatch1) who showed it to me. Its round corner from mcdonalds.

Regards

WETMIDS33
If its Esplanada so its Not Resort Aliance, Resort Aliance have only Yellow Building called Sar's Resident, if its Esplanada its another company Called Mehana
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  #14  
Old 23-02-2008, 07:31 AM
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Hi,

We have bought 3 apartments in 3 locations for 3 different reasons.

The 1st is in Oasis Resort, which is a large 2 bed and this is to live in full time. Suits us nicely as it isn't a massive resort (about 200). We loved the design, its like a polo mint and with the public beach directly across the street, we have guaranteed sea views. It is a bit far out of the town but we will have a car and there are already plans to build a supermarket next door. Hopefully it will be ready by december at th latest.

The 2nd is a decent size 1 bed in regency towers. This is to rent out once oasis resort is completed. This gives us some where to put all our junk prior to the move. It's in an excellent location and is finished to the highest standard that I saw in Hurghada.

The last 1 was a bit of a last minute decision and is in regency beach. We had planned to get a 1 bed but with all the changes we just couldn't afford it, got a studio. Depending how the rental market is going by the time regency beach is completed, we might just flip this and buy another off plan.

Fingers are getting sore typing!!!

Lyndsay
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  #15  
Old 23-02-2008, 09:19 AM
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Hi we have bought a 1 bedroom apartment on Sierra at Nabq Bay Sharm. We fell in love with Sharm and its people a couple of years ago. We had considered buying a property and we saw Sierra last October. It was such a good price that we couldnt say no.

We are eventually hoping to jack it all in and move there. In the mean time we will use it for our holidays and pissibly let it to family and friends.

With Easyjet now flying to Sharm we hope we will be able to nip over for long week - ends.
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  #16  
Old 23-02-2008, 09:23 AM
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Quote:
Originally Posted by realestatemart View Post
which lotus we are talking about? or which area can you be morespecified?
The one near Sinbad hotel and aqua park.
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  #17  
Old 23-02-2008, 09:44 AM
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Default Sara's Residence

The Resort Alliance project facing the Sinbad Aqua Park is Sara's Residence; see pictures below. The photo is not new; building is rendered and painted cream now. Sinbad Aqua Park is on left.
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  #18  
Old 23-02-2008, 10:05 AM
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Quote:
Originally Posted by mtrtnik View Post
The one near Sinbad hotel and aqua park.
Hello
Can you tell which one on the map exactly?
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  #19  
Old 23-02-2008, 10:12 AM
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From picture I'd say Esplanada Mall. It's just 50 meters from sea, it has swimming pool in front of building and private beach. I also have pictures but I'm not sure if I can already post them on forum since I'm new here
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  #20  
Old 23-02-2008, 10:16 AM
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Quote:
Originally Posted by mtrtnik View Post
From picture I'd say Esplanada Mall. It's just 50 meters from sea, it has swimming pool in front of building and private beach. I also have pictures but I'm not sure if I can already post them on forum since I'm new here
just when you click on post reply scroll down and you will find a button (Manage attachments) this willopen awindow for you to upload pictures
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