Hurghada or Sahl Hasheesh?

[swim-maestro]

Originally Posted by Louise-UK

Hi George

Are you selling Veranda? I bought directly from the developer however ofcourse i am curious to see the price difference and see how much i have saved (if anything)

Cheers
Louis

Hi have you had any problems dealing direct with the developer? Rather than using an agent?

[Jersey Bean]

Originally Posted by swim-maestro

Hi. we have also bought an apartment at veranda.Did you buy direct from the developer or through a agent?

Hi. We went through an agent who we were referred too. He's based in Hurghada now so is able to keep an eye on delvelopments.

[The Smart Money]

Originally Posted by Louise-UK

Dear Sue

I was also like you looking at Sunset Pearl for a while, but found a new project called Veranda. At first we were looking at the Studios since it was only me and my husband, but my daughter and son in-law decided to join so we chose the 2 bedroom apartment called Alexandria. The reason we chose this was that we could have a garden and that the project is overlooking the golf course (my husband and my son in law is very eager golf players)...

The best part is that we got 9% discount on the reservation price because it is still early days. Im not sure if this is still possible, but thats what i got last month

We bought from an British woman working for a real estate company.

Let me know if you have any questions.

Cheers
Louise

Louise,

I am also interested in Veranda. how did you contact the developer direct to achieve your 9% discount?

any help/advice (investment wisdom ) would be much appreciated as this is my 1st time investing in Egypt too.

You mentioned in one of your posts that a friend of yours has bought several properties throughout Egypt, out of interest have they ever mentioned how much capital growth they achieved with their investments?

I ask because I am looking for real anacdotal evidence based on 'real' peoples experiences as opposed to speculative potential growth rates quoted by some of the agents.

It is difficult to obtain sales information from previous years to make accurate comparisons throughout Egypt (that im aware of anyway ). Obviosuly Sahl is only in its infancy so this information for this resort will be thin on the ground at the moment.


cheers

Steve

[wemyss1960]

Hi Steve,

We purchased several 1 bed apartments 64m2 on Palm Beach Piazza 12 months ago for £41927 each. Resale price today would be approx £64000 unfurnished.

Still think the next 2 years should produce up to 20% pa

Good luck on your purchase - 9% discount sounds good.

Also good luck to everyone else on their purchases.

[realestatemart]

Originally Posted by The Smart Money

Louise,

I am also interested in Veranda. how did you contact the developer direct to achieve your 9% discount?

any help/advice (investment wisdom ) would be much appreciated as this is my 1st time investing in Egypt too.

You mentioned in one of your posts that a friend of yours has bought several properties throughout Egypt, out of interest have they ever mentioned how much capital growth they achieved with their investments?

I ask because I am looking for real anacdotal evidence based on 'real' peoples experiences as opposed to speculative potential growth rates quoted by some of the agents.

It is difficult to obtain sales information from previous years to make accurate comparisons throughout Egypt (that im aware of anyway ). Obviosuly Sahl is only in its infancy so this information for this resort will be thin on the ground at the moment.


cheers

Steve

Dear Steve you get this discount at this stage its for every one so you don't need to contact special person, hope this answer helps you
Regards George
Just Back to Hurghada from a month Vacation

[The Smart Money]

Originally Posted by realestatemart

Dear Steve you get this discount at this stage its for every one so you don't need to contact special person, hope this answer helps you
Regards George
Just Back to Hurghada from a month Vacation

Thanks George. much appreciated, I am currently dealing with Ross in relation to Veranda but thanks for the info.

[realestatemart]

Originally Posted by The Smart Money

Thanks George. much appreciated, I am currently dealing with Ross in relation to Veranda but thanks for the info.

No problem we are all here to help wish you best of the luck

[rossantony]

just to let everyone know the pre-release discount finished on the 29th April at 5pm. There will be no more discounts! Im sorry, I wish I could give it, and the developer, RSR, is not giving them either.

well done to all who purchased with discount! You have already made 9% equity...

kind regards

Ross.

[Lsab]

Hope you got in Steve - if so, congratulations

[The Smart Money]

Originally Posted by lsab

Hope you got in Steve - if so, congratulations

We are still in discussion - but thanks for your post.