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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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View Poll Results: Which is the best Beachfront Development in Egypt
Rivera Beach Hurghada 1 3.70%
Sharks Bay Oasis Sharm 0 0%
Harmony Beach Hurghada 1 3.70%
Playa Vista Montazah Sharm 0 0%
Oasis Marina Beach Hurghada 2 7.41%
Marlion Residence Hurghada 0 0%
Regency Beach Hurghada 6 22.22%
Marsa Alam Beach Resort 2 7.41%
Hania Beach Hurghada 7 25.93%
Samra Hurghada 2 7.41%
Laguna Vista Beach Resort Sharm 0 0%
Ocean Breeze Sahl Hasheesh 3 11.11%
Fanadir Lagoons El Gouna 3 11.11%
Voters: 27. You may not vote on this poll

Best Beachfront Development in Egypt??- Poll - Page 2

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  #11  
Old 24-05-2008, 10:10 AM
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even I voted for Oasis Marina for similar reasons. In addition I was attracted by guaranteed 5 years rental and still we can enjoy the apartment for 3 moths a year. I haven't come across any offer like that before.

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  #12  
Old 24-05-2008, 01:49 PM
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I thought it was 3 months across the 5 years? I may be wrong though!
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  #13  
Old 24-05-2008, 02:12 PM
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hi John! it is definitely 3 months every year. I spoke to iraida and she explained me how it is going to work. The apartment will be rented for 40 weeeks and 12 weeks are for personal use. Roughly she has calculated 150£ per week as a rent ( i don't remember the exact figure) that is for a 2bed beachfront villa.

Following is the abstract from the email sent to mt by Iraida.

- for five year rent guarantee it will be a sum of 6, 236 sterling pounds per year for 40 weeks .
for any further information please to contact us .


i hope it helps everybody on this forum.

Cheers .

Chandra
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