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Egypt fan
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I heard from a friend of mine today that El Riad ( Developer of Desert pearl, etc..) is a main partner in this project so is this true????!!!!!
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have a chat to Rivermead Global Property they are selling there and a good companyI heard from a friend of mine today that El Riad ( Developer of Desert pearl, etc..) is a main partner in this project so is this true????!!!!!
Dear NeilEl Riad had plot 22B when they were in partnership with WWD and were going to build The Pearl of Sahl Hasheesh. A company called Enjoy Egypt (Mamma Mia Group) have taken over the plot and designed Mamma Mia to be built, they have a joint venture with El Riad who are a selling agent not a main partner.
ERC have passed all paperwork and given the go ahead for the project to be built and work has started, unlike many others in Sahl Hasheesh that I won't mention but will no doubt come out in the public soon.
If ever there was a safe project to buy this would be it, I am an agent and I have a very good relationship with the Enjoy Egypt (Mamma Mia Group) team. times are changing in Hurghada/Sahl Hasheesh and people are still buying what they perceive to be good low entry projects which have been sold with lies. The good projects are being sold without lies and this is one of them. Do your research people not only on the projects but also on the agents.
So El Riad is a partnerHere is a link to the Sahl Hasheesh official developers list showing Mamma Mia has Enjoy Egypt and El Riad not just El Riad Sahl Hasheesh : Developers
Hi Vince, as I mentioned above they had the land and that is their connection. Enjoy Egypt are the builders so ER aren't a partner in the build. To make sure all contracts are legal ER need to be on them as landowners.So El Riad is a partner
Thanks