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Looking for info on planned beachfront developements/ where is the best

Discussion in 'Egypt property' started by Rytcher, Apr 25, 2008.

  1. Rytcher

    Rytcher New Member

    Hi everyone,

    I'm looking for anopportunity to invest into some new frontbeach property development in Hurghada. Actually I was just about to go for Rivera beach, but the project was recently frozen, so I have to continue the search. My basic requirements are – 2 bedroom apartments for 30 000– 40 000£. Does anyone know something worth looking at of a similar kind?
     
  2. queenie40something

    queenie40something Senior Member

    Hi and welcome to the forum. Have you looked at Regency Beach - see this thread http://www.totallyproperty.com/egypt-property/6412-regency-beach-pictures-update.html
    Hania Beach http://www.totallyproperty.com/egyp...urghada-egypt-due-completion-summer-09-a.html
    There is Harmony Beach http://www.totallyproperty.com/egypt-property/6726-harmony-beach-resort-hurghada.html

    Dont know what the prices are so you will need to look in each thread

    La Luna is really cheap see http://www.totallyproperty.com/egypt-property/6604-la-luna.html

    Dont know if you have seen the Al Rivera thread http://www.totallyproperty.com/egypt-property/7040-al-rivera-beach.html

    There is an intro thread where you can introduce yourself and read about others http://www.totallyproperty.com/egypt-property/5370-introductions.html
    and also a legal thread by our ' resident ' lawyer Zeiad who is always happy to ask any legal questions in the thread http://www.totallyproperty.com/egypt-property/6847-legal-procedures-purchase-property-egypt.html

    There are lots of helpful members on the forum who will be able to help. If you need any assistance navigating the forum please ask one of the moderators ( Lsab, Lyndsay or myself ) Good luck with your search

    Regards

    Alison
     
  3. Rytcher

    Rytcher New Member

    Thank you for an advice

    I'll explore the projects that you have recomended.

    I was initially eager to buy in Rivera Beach, but the project was recently frozen for several month, so I'm exploring other options.
     
  4. SHO

    SHO Member

    Last edited by a moderator: Apr 25, 2008
  5. Onegypt

    Onegypt New Member

    New to the forum but may be able to help

    If you are looking for units in this range and area, i would recommend you also explore Pearl Vista.

    Aquarius Pearl is also expected to launch next month and depending when you are looking to purchase this may present you a good opportunity to purchase one of the more desirable at launch.

    Alternatively you may want to look at a distressed sale if you are after something sooner?
     
    Last edited by a moderator: Apr 25, 2008
  6. Randall

    Randall New Member

    Hi

    What do you mean Rivera Beach has been frozen? I am purchasing here and have not heard a thing. Could you please elaborate.
     
  7. Lsab

    Lsab New Member

    Hi Rytcher - would appreciate more info on the Riveral Beach 'freeze'! It's the first I've heard about it too :confused:
     
  8. Randall

    Randall New Member

    Hi

    The reliable propertastic is looking into this. I presume he will confirm the situation when correct legal information is available.

    cheers
     
  9. Rytcher

    Rytcher New Member

    I think there is no reason for panic

    As I heard Egypt authorities have asked for some changes in the plans for Rivera Beach and the architect has to make some changes and then resubmit them/ It looks that it may some time. That is why reservations for the project were stopped. I think it is just bureocrace and there are no major risks.

     
  10. Rytcher

    Rytcher New Member

    I assume you have already booked an appartment there?

    Lucky you are! As I wrote before I do not see major risks.

     
  11. Lsab

    Lsab New Member

  12. Rytcher

    Rytcher New Member

    ?

    Could you please specify what was the problem?
     
  13. Lsab

    Lsab New Member

    Hi Rytcher

    The post was directed at SMD Development
     
  14. Rytcher

    Rytcher New Member

    Hi Isab

    Thanks for clarification, I thought I did something wrong
     
  15. wemyss1960

    wemyss1960 New Member

    There is a new frontline/beachside project called the Samra which will be released in the next 4/5 weeks.This is a fantastic frontline development located next door to the Intercontinental hotel in Hurghada's touristic area. Anyone who knows Hurghada will agree this is a great location.Details will be available very soon.


    best regards

    Stuart
     
  16. flip

    flip New Member

    Hi Stuart any idea what the price might be like???
     
  17. Rytcher

    Rytcher New Member

    Any idea on the prices range? Initially I was looking for 2 bedroom appartment and currently booked at Rivera beach

     
    Last edited: Apr 29, 2008
  18. wemyss1960

    wemyss1960 New Member

    Samra

    It should be priced about £900 m2 which would be very favourable compared to developments like Hania etc..


    regards

    Stuart
     
  19. Rytcher

    Rytcher New Member

    Unfortunatelly it is out of my price range.

     
  20. flip

    flip New Member

    If so it will be to expensive, you can buy on Cape Citadel for £800 per sq mtr.
     
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