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Emu49
New Member
Dave99, I was really concerned about your last posting on the contract terms. So I asked my friend who bought in Oasis Resort and Marina to find out if the contract terms were as you said. The information she got back from Iraida was that the maximum penalty was 10% and not your 50%. Also that if a customer really can not pay and they have to resale the apartment, the customer gets their money back when the apartment is resold. So not the nightmare described by you Dave99. I believe that your posting on this point was a half truth and very misleading.
Also I was not sure what you meant about why we should not compare your discounts with Iraida’s. Both of you are developers that give discounts for early repayments:
For 6 weeks you give 6% - they give 25% for 8 weeks.
For 26 weeks you give 2% - they give 20% for 30weeks.
Their contract says if you do not pay on time you can loss 10% of the purchase price. This leaves the unlucky late payer with only a 15% or 10% discount. This is still a vey good deal and a bigger discount than what you give.
You are a developer who say has “similar terms and conditions”. Why haven’t you put your contracts on the website for us to see your better terms and conditions? I think like the discounts, if you put your contract side by side with Iraida, it will be the same as the discounts.
We want to hear the good, bad and ugly in all the projects. That is why, as a developer in Hurghada, with your experience, your comments are really welcomed . But if you use your position to take snide kicks and spread half truths about your opposition, you loose your standing and respect.
Also I was not sure what you meant about why we should not compare your discounts with Iraida’s. Both of you are developers that give discounts for early repayments:
For 6 weeks you give 6% - they give 25% for 8 weeks.
For 26 weeks you give 2% - they give 20% for 30weeks.
Their contract says if you do not pay on time you can loss 10% of the purchase price. This leaves the unlucky late payer with only a 15% or 10% discount. This is still a vey good deal and a bigger discount than what you give.
You are a developer who say has “similar terms and conditions”. Why haven’t you put your contracts on the website for us to see your better terms and conditions? I think like the discounts, if you put your contract side by side with Iraida, it will be the same as the discounts.
We want to hear the good, bad and ugly in all the projects. That is why, as a developer in Hurghada, with your experience, your comments are really welcomed . But if you use your position to take snide kicks and spread half truths about your opposition, you loose your standing and respect.