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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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Need Help In Hurghada Property Development 20 flats 350m2 gone wrong - Page 2

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  #11  
Old 03-06-2008, 12:40 PM
dave99's Avatar
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Location: North of London - UK
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Default valuation

Quote:
Originally Posted by mgsteveb View Post
-

It's 5 floors with 4 units and a lift

Large iron gate front enterence

From my Visit last year they have 2 beds, large lounge, kithen and a bathroom. Dont know the size. I have pictures if you have an email?

There is a road on 2 sides and buildings on the other 2.

Ground floor is appartments

Internal and external doors, windows fitted. Plastered Painted and Tiled bathroom kitchen and floors.

Balconies

Small garden.

2 streets away from the beach

my mail mgsteveb@hotmail.com
Hi
Sounds to me that this is undervalued big time.

Who has paid for all the build work - is the "offer" to buy based on a NET amount after the build cost.
__________________
Agent & Developer of Apartments in Hurghada
NOW OPEN - RED SEA RESIDENCIA
Website:http://www.redseadevelopments.com email info@redseadevelopments.com
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  #12  
Old 03-06-2008, 12:40 PM
queenie40something's Avatar
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Join Date: Dec 2007
Posts: 2,881
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Hi your queries ref bank accounts have been moved to the existing thread http://www.propertycommunity.com/forum/egypt...-agencies.html
If you do a search you will be able to find if there are existing threads that you can post into instead of starting new ones.

You can upload pictures here. Go to bottom of the post to additional options, click on manage attachements and a pop up will appear where you can download and post the pics. Hope this helps.

Regards
Alison
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  #13  
Old 25-07-2008, 09:25 AM
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Hi Steve - did you manage to get out and sort all this out? Any news / updates?

Regards

Alison
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