Introductions

[queenie40something]

Hi Sue, Gordon and family and welcome to the forum.

Im sure you like us will fall in love with Egypt.

Good luck.

Alison

[Roger]

Originally Posted by subell

Hello everybody, our names are Gordon & Sue
---8<---
We have never been to Egypt, know very little about the place
---8<---

Hi Gordon & Sue,

Wow! You're brave buying without even having been to Egypt!

I've only been once and loved it, but I've always loved different countries and cultures. My wife lived there some years ago (things were different then!) and also loves it. The kids... well it was mainly them insisted we come back this year for our hols and the prospect of owning an apartment there is almost too much for them to contain!

We made an effort, even though we were based in a resort, and got invited to a local wedding, an evening with the locals at a cafe and a night out at a belly dancing club where we were the only non-Egyptians ( a heated debate took place between the owner and our host, but once in we were treated extremely well).

If you like the heat and are prepared to make the effort with the locals, I think you'll love it. Good luck with the purchase

Roger

[nuttybird]

Originally Posted by kimkonnoris

hello, and welcome

Hiya Gordon and sue
A very warm welcome to you.Its great here!
Karen

[subell]

Originally Posted by wghosh

hi

welcome

nice to see a fellow coral sea pearl investee!!

yes egypt does have a lot to offer for the prices. i only wish that i had more money to buy a few more. hope you will be happy with your purchase and long may it bring you happiness and some cash!!

as you may have seen from Neil from Rivermead, the photos are great, the location of the complex is a major plus and there is a readymade showcomplex next door to showcase the finish when we finally take hold of ours come next year... ill try and take some new snaps. im not very good with a camera. im normally too drunk to hold it lol...
regards wayne

Thank You Wayne and any pics will be appreciated. Are we the only 2 couples who have bought at this comlex up to now?
I note you have something in common with Gordon already
Regards
Sue

[Ray_k]

Missed this thread at first but seen it now....

My name is Ray from Manchester 29 year old I.T contractor. Been married for 3 years no kids yet but one is on the way

Its my dad who got me into investing in property as I was no good at saving money in a bank account, it was too easy to spend & I always ended up spending it on something stupid or depreciating assets. Having missed the property boom here in the UK decided that an overseas emerging market is the place to invest.

Anyway together with my dad I now have 4 overseas properties, 2 in Dubai, 1 in Ajman & recently reserved one in the Coral Pearl, Hurghada. One of the properties in Dubai is built and rented; the other is due for completion end of 2009 as is the one in Ajman and Coral Pearl due in March 09. Looking to rent all of them out however, wish to use the Coral Pearl one as a regular place where I and the wife can relax a few times a year.

I'm really excited about Hurghada as it looks full of potential although I have never been to Egypt but research suggests it’s a nice place for holidays and lots of things to do and see.

I’ve been reading around on the various posts and it seems people are not entirely happy about the lack of information from the developers WWD regarding completion dates etc, this is a bit concerning although I haven’t got to that stage yet as only reserved a few days ago. I hope together whoever has bought in the Coral Pearl we can collectively put pressure on the developers when needed to get things resolved quickly and efficiently. With experience in the Dubai market it was not uncommon for development projects being delayed and not hitting targets...I suppose this is all part of buying off plan in emerging markets.

Regards
Ray

[realestatemart]

Originally Posted by Ray_k

Missed this thread at first but seen it now....

My name is Ray from Manchester 29 year old I.T contractor. Been married for 3 years no kids yet but one is on the way

Its my dad who got me into investing in property as I was no good at saving money in a bank account, it was too easy to spend & I always ended up spending it on something stupid or depreciating assets. Having missed the property boom here in the UK decided that an overseas emerging market is the place to invest.

Anyway together with my dad I now have 4 overseas properties, 2 in Dubai, 1 in Ajman & recently reserved one in the Coral Pearl, Hurghada. One of the properties in Dubai is built and rented; the other is due for completion end of 2009 as is the one in Ajman and Coral Pearl due in March 09. Looking to rent all of them out however, wish to use the Coral Pearl one as a regular place where I and the wife can relax a few times a year.

I'm really excited about Hurghada as it looks full of potential although I have never been to Egypt but research suggests it’s a nice place for holidays and lots of things to do and see.

I’ve been reading around on the various posts and it seems people are not entirely happy about the lack of information from the developers WWD regarding completion dates etc, this is a bit concerning although I haven’t got to that stage yet as only reserved a few days ago. I hope together whoever has bought in the Coral Pearl we can collectively put pressure on the developers when needed to get things resolved quickly and efficiently. With experience in the Dubai market it was not uncommon for development projects being delayed and not hitting targets...I suppose this is all part of buying off plan in emerging markets.

Regards
Ray

Welcome on Board Ray and wish you all the best

[awahee123]

Yes welcome Ray should you need any asistance at any time please do not hesitate to contact one of the forum moderators who will be happy to assist.

[Rivermead Global Property]

Welcome to all the new people on here and good luck with all your purchases.

[queenie40something]

Hi Ray - welcome to the forum and firstly congratulations on your ' nappy ' news and 2nd on your new investment.

Wish you are your new family all the very best for the future.

Alison

[Ray_k]

Thanks all for the warm welcome !

Originally Posted by wghosh

think coral sea pearl will be a great investment

this is a first for me so ive approached it with caution.

the prospect of owning a place overseas fills me with joy. and below 20k for year round sunshine fantastic people and that jewel called the red sea.. how great is that.. if i had the money available , id buy a couple more but i havnt'
so glass half full.. cant wait till 2009.

anyone wishing to have pics please let me know as im off there in less than two weeks.

you it contractors are paid too much lol

i was in recruitment for 4 years and blew my money.... hope hurghada is going to be a financial friend of mine

Cant complain about the money the market is very buoyant at the moment, been working flat out these few months and more of the same leading up to May….working 7 day weeks is a regular thing for me at present…but am a firm believer in work hard, play hard.