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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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El Kawser Dreams - Page 4

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  #31  
Old 02-06-2008, 05:00 PM
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Has anyone resold in this area recently?
Am thinking to sell my 2 bed apartment.
why would you want to sell now how much did you pay for your 2 bed and where is it
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  #32  
Old 02-06-2008, 05:50 PM
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Hi George - I have heard of Desert Rose 2. From memory 45 luxury apartments 200m from beach and shops and 2 km from airport. Maintenance £400 a yr. Please dont quote me as I say this is from memory - mind you my mum says I have a photographic memory lol. I could be wrong though x
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  #33  
Old 02-06-2008, 07:55 PM
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I think you mean Desrt Pearl projects there is not such project in El Kawser. its a name of a hotel
Initially I thought they meant Desert Pearl but they confirmed it is Desert Rose 2. It's a bit of a mystery at the moment. They sent me a photo but say that its close to completion now. Thanks for the feedback. We'll see what other info we get from the agent in the next few days.
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  #34  
Old 02-06-2008, 08:57 PM
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Originally Posted by reda1904 View Post
Initially I thought they meant Desert Pearl but they confirmed it is Desert Rose 2. It's a bit of a mystery at the moment. They sent me a photo but say that its close to completion now. Thanks for the feedback. We'll see what other info we get from the agent in the next few days.
Never Heared of it really wish you all the best
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  #35  
Old 03-06-2008, 11:24 AM
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Hi James,

I was originally planning on keeping it as a long term investment but have bought a villa in mubarak 7 but need to finish it off. I was relying on the proceeds from the sale of my house here..but by the looks of it am not gonna be able to sell it for a while due to the market conditions.

The apartment is in Regency Towers, it is 1st floor 2 bed 2 bath.

Not sure the going rate but last time I heard that they were selling them for around 45k finished.

Mine is also furnished.
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  #36  
Old 03-06-2008, 02:34 PM
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Hi James,

I was originally planning on keeping it as a long term investment but have bought a villa in mubarak 7 but need to finish it off. I was relying on the proceeds from the sale of my house here..but by the looks of it am not gonna be able to sell it for a while due to the market conditions.

The apartment is in Regency Towers, it is 1st floor 2 bed 2 bath.

Not sure the going rate but last time I heard that they were selling them for around 45k finished.

Mine is also furnished.
Ithink this still good offer fair price
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  #37  
Old 03-06-2008, 05:57 PM
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Quote:
Originally Posted by egypt View Post
Hi James,

I was originally planning on keeping it as a long term investment but have bought a villa in mubarak 7 but need to finish it off. I was relying on the proceeds from the sale of my house here..but by the looks of it am not gonna be able to sell it for a while due to the market conditions.

The apartment is in Regency Towers, it is 1st floor 2 bed 2 bath.

Not sure the going rate but last time I heard that they were selling them for around 45k finished.

Mine is also furnished.
Regency towers is a spot on development you should be able to sell quickly because people want properties they can get maximum mortgages on but the off plan developments only leave about 35% on completion to pay by mortgage. The propertys are still selling quikly in El Kawser and we all know why cut someone who is touring buyers a comission on it. I pressume were all aware of the HSBC mortgages.
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  #38  
Old 03-06-2008, 08:35 PM
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Hi - there is a thread here about mortgages in Egypt http://www.propertycommunity.com/forum/egypt...age-egypt.html
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  #39  
Old 09-06-2008, 02:29 PM
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Originally Posted by realestatemart View Post
EL Kawther dreams is realy good priced as its still in prelaunch phase and all units 2 beds, but yes its true its less priced but because its in prelaunch phase so take the chance
Regarding El Kawser Dreams you say take the chance what sort of chance do you think i would be taking.
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  #40  
Old 09-06-2008, 06:55 PM
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Originally Posted by James Barnett View Post
Regarding El Kawser Dreams you say take the chance what sort of chance do you think i would be taking.
as i wrote is in the prelaunch phase and for 2 beds price start from 27777 GBP
so isn't this a good chance ?
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