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propertyborders
New Member
Thanks for the reply Ted.10% GUARANTEED (sorry for spelling)
Ted
Thanks for the reply Ted.10% GUARANTEED (sorry for spelling)
Ted
Thats correct - very reasonable.The new development in Marsa Alam looks very interesting. Its by the same company that built Zafarana Beach Resort. A middle two bed apartment is only 39,950 euros, which works as only &350 per m2, if my maths is right
Hi Ted 007,if they are similar to Hurgghada apartment blocks, then thank you, NO!
Hi Ted 007,
I have been reading the thread in relation to Marsa Alam and I wish you all the best with your investment but please do not scoff at Hurghada.
I have been told that prices in Marsa Alam are very similar to Hurghada and this will make any investor think twice before he/she throws their money into Marsa Alam.
As mentioned by many senior members from this forum those who have been to Marsa Alam have been "bored to tears".
In my opinion there are a number of reasons why Hurghada is a better investment then Marsa Alam:
1) The Town already exists and the Government have ploughed more money into the Touristic/Intercontinental area than anything else around the Red Sea.
2) There is a large international Airport which is only a few minutes away. I accept that Marsa Alam has an airport but it is way behind Hurghada. Airlines are driven by demand and you would have to have Marsa Alam growing to the size of Hurghada before you will get regular international flights.
3) Sahl Hasheesh has and still is receiving investment money into it totalling millions of pounds. It will still take 3-5 years before it is fully completed.
4) Gamsha Bay South of El Gouna is expected to start very soon and again will be from what has been advertised an immense development.
5) My prediction is that everything that is desert or undeveloped upon running from El Gouna to Sahl Hasheesh will be built upon and eventually become a good investment but it will be headed off by the 2 big developments ie Gamsha Bay and Sahl Hasheesh. Any developments such as Regency Beach, Palma Resort, European Village etc which are isolated at the moment whilst being built will be encompassed in this growth.
So that leaves Marsa Alam about 90 minutes drive from Hurghada and with very little evidence of large investment ( Although there is the usual chinese whispers/ hearsay that someone whose friend works in the Government told someone who then told someone else that Marsa Alam was the next best thing....)
So please again I ask that if you are happy then go ahead and invest in Marsa Alam but do not put down an area that is established and working very well in terms of tourism.
Regards
Westmids33
Hello again,Westmids,
That just shows how very much overdeveloped the area is, isn't it?
thanks for taking care of my investments, but that's a BIT too much.
I would highly appreciate if u'd keep similar comments for URSELF, ok?
Ted
Hello again,
Maybe I didnt make my message clear. I have no interest in your investments and im sure you could guess next weeks lottery numbers too but im not interested. My point to be made is why do you have to try and put down Hurghada just to make Marsa Alam sound good?
As for you suggesting i keep comments to myself they were meant for the many thousands of people who have invested in Hurghada as compared to Marsa Alam
Night?
Westmids33
ha ha ha
I am not selling anything, westmids.
So, I do not need to promote Marsa or Hurghada.
I think, Hurghada is overdeveloped and as u suggested will be even more overdeveloped with all these towns coming around and in Hurghada.
And I prefere to invest into well looked after and servised resorts, and haven't seen anything better than Marsa Alam.
Made my choise. And HAVE NO IDEA, why this makes u angry...
Get a life
Good luck
Ted
Hello Ted,
If you havent seen anything better than clearly you need to read more on this forum and maybe you would get a better quality of life and understanding.
As for luck if you are investing in Marsa Alam as compared to other areas then i think you need the luck.
Im sure people on this forum will love your comments on putting Hurghada down.
Have a good one
Westmids33
You keep saying that Hurghada is over-developed, but compared to where?That just shows how very much overdeveloped the area is, isn't it?
Ted,
Less than two weeks ago you where adamant that Zafarana was the place to invest. Now you have changed your mind to Marsa Alam and completely slagged off hurghada and a very informative member of this forum.
Have you actually been to any of these areas? Maybe you should visit them before making such strong comments.
Cmon guys - lets keep the banter friendly for all to read.
Hi Ted,Ok, peace peace peace!!!!!!!!!!!!
are all ur developments that u r promoting only in Hurghada?
Get one in Marsa Alam and there won't be anymore arguments.
and ur clients will have choice as well.
And everyone is a winner then.
and u will use ur energy for botter purposes.
Ted.