Nice one. Should get some cool views from there ......Hi all,
TC .. great to hear from another AS purchaser. Congrats !!
Which unit?
Hi Sanchez, Unit 14 building 2 - only a studio but it's really a 1-bed. Views should be spectacular! Like the location of the development as well on the most northern part of El Gouna. Didn't want to chance the hire car going onto the site but had a good walk around instead. Seems flat from a distance but it has loads of little hills and valleys and the spot for the hilltop village is really high.
I've got unit 4 in building two .... so we'll be neighbours : - )
Sorry Organics. I think you may have been playing "devils advocate" a little in some of your posts, to see people's reactions and develope feedback.Sanchez...Thanks for the advice on where I should "stick my money". I had never thought of that
Good luck with your investment
I have been examining my options for buying in Egypt and it seems to me that this project is one of the few that clearly expresses the ins and outs of how you buy, what costs will apply and how it all works. It actually seems to me that they are quite honest. The only place I have found honest advise so far has been this forum and the Ancient Sands website seems to also provide a lot of information that has been helpful.
Definately, it's a date!
I think most of the units will have pretty cool views, but I fancied unit 4 (townhouse) the most.
I think sometimes, expressing one self in "text" can be difficult as tone etc cannot be added. I think sometimes people take posts differently to how they are meant. but hey ho ... life goes on
Hi Caroline. I'm glad this thread / site has provided some useful info for you.I have been examining my options for buying in Egypt and it seems to me that this project is one of the few that clearly expresses the ins and outs of how you buy, what costs will apply and how it all works. It actually seems to me that they are quite honest. The only place I have found honest advise so far has been this forum and the Ancient Sands website seems to also provide a lot of information that has been helpful.
The only reason I comment is because I have brought properties before where the rental return is shown as gross with no information to qualify this and I have ended up with high utility bills, maintainence fees and other management charges that suddenly appear on the bill. But in the case of the Ancient Sands website they have shown exactly what it includes so you can calculate a realistic net figure with no hidden added extras.
I know that Organic's 1 seems to feel that the deducttion from the income is excessive and indeed it is quite high, but you can rent it yourself as well according to this thread. At least it seems if you rent through the 'management scheme' it looks like most of your costs are covered even if the market is not so strong. I am sure they could have simply quoted a net figure and no-one would have made any comment, but I prefer to know what is included and how it all works. I am now looking at this option, despite the high prices, as I think that there will not be any horrors hidden around the corner.
Only time will tell!!
Caroline F
Agreed on both counts. Caroline also makes a good point - one thing that put me off on the other stuff I looked at was the documentation which left more questions than answers. They have made it easy here even though there was loads of paperwork to wade through. It is obvious that there are Brits involved and I'm happy about that. Cheers TCDefinately, it's a date!
I think most of the units will have pretty cool views, but I fancied unit 4 (townhouse) the most.
I think sometimes, expressing one self in "text" can be difficult as tone etc cannot be added. I think sometimes people take posts differently to how they are meant. but hey ho ... life goes on
Dave,Definately, it's a date!
I think most of the units will have pretty cool views, but I fancied unit 4 (townhouse) the most.
I think sometimes, expressing one self in "text" can be difficult as tone etc cannot be added. I think sometimes people take posts differently to how they are meant. but hey ho ... life goes on
slight change of plan. Developer was in touch this morning about a 1 bed type E coming avaiable which is what I orginally wanted - Bldg 1 Unit 26 - so I'm afriad we won't be as close to each other. There were only a few 1 bed E's and only a single 1 bed type D which have the additional roof terrace so I'm happy to have it. Hoping to get the offical contract to sign next week and send over the first 20%. Keep well TC
TC - You'll have the best 1 bed in El Gouna !!
Was extremelly tempted to go for both .... but decided not to over-extend myself.
I have an apartment in El Gouna up for sale at the moment, so I want to sell that before investing further ......
Here's the link El Gouna Immobilien - real estates - Elgouna just in case you hear of somone wanting to buy a resale ....
You're right TC ..... It is hard to compare. People think El Gouna and Sahl Hasheesh will be similar ... they are, and will be, very different.
I think Sahl will be good, IF all goes to plan, but It'll probably take about 3 - 5 years before it's a really nice holiday destination. I still might invest there though.
Gamsha Bay is an interesting one ...... will keep an eye on it.
So which thread are u refering to ?
Dave
Dave,TC - You'll have the best 1 bed in El Gouna !!
Was extremelly tempted to go for both .... but decided not to over-extend myself.
I have an apartment in El Gouna up for sale at the moment, so I want to sell that before investing further ......
Here's the link El Gouna Immobilien - real*estates - Elgouna just in case you hear of somone wanting to buy a resale ....
You're right TC ..... It is hard to compare. People think El Gouna and Sahl Hasheesh will be similar ... they are, and will be, very different.
I think Sahl will be good, IF all goes to plan, but It'll probably take about 3 - 5 years before it's a really nice holiday destination. I still might invest there though.
Gamsha Bay is an interesting one ...... will keep an eye on it.
So which thread are u refering to ?
Dave
a nice place you have. Cannot mention the thread sorry as it got very sensitive with people. Sahl will be very different but is interesting. Just wasn't sure about loads of developers doing their own thing and how the finished product will look and who will control all the public areas.
Send me a PM the next time you are going to Gouna as I am planning some regular trips in the next few yrs to see progress and enjoy myself of course. Cheers TC
Hi Alison,
Hi Dave,
