Marsa Alam

[Astral]

Thanks Alaa and Elite for the information and advice!

 

[rksmotor]

Hi guys,
i am new at this forum
i have a question
i want to buy property in MABR,but is one small problem
i was living few times in egypt and thats why i am interesting to buy a property
but i wanted to chceck MABR i Egypt- i was calling to my friends,and i asked them to check this project,and... nobody in egypt (el sery, el mohanad,etc.) knows about this project...
Even my friends in marsa alam never hesrd about this project,developer,etc...
Anybody have any sugestion why ?? I hope that nothing is wrong...
thanks for answer

 

[dave99]

Escrow safety

Hi all,
does anyone know if our funds are fully protected in the escrow account in view of the state of the financial markets??

Interesting - I would think that all money in escrow is no better or worse than any other money that is in bank that is sound or otherwise.

Some banks treat business accounts differently.

You are more likely to get an answer from the account holder.

This could be a good reason NOT to use an escrow account.

you may be safer making stage payments during the building and never part with a lump sum.
.
.

 

[simmo1]

Your Thoughts??

Hi,

I have been reading all your post's with great interest on this resort and it appears that whilst the resort sounds fabulous it is not void of it issues (I suppose what resort isn't)

So I just wondered for someone like me who is interested in buying a two bedroom apartment at this resort what information, Feedback, advice can you please offer that will either make the buying process that bit easier or basically have me walk away?! Apart from this site I have not heard a great deal about this resort, is there a reason? so main questions from me are;

1. Has construction started yet?
2. Does anyone have any recent pictures?
3. How secure is the investment throughout the contruction process (i.e. will the resort reach finishing)
4. Any info/cost's on furniture packs
5. Recommended agents?

Sorry bit exhaustive!?

Thanks for your assistance in advance

Regards
Simmo1

 

[Grazia230]

Hi Simmo1

1. Work has now started onsite, . Contractually the builders guarantee to finish your chosen property within 18 months of your first stage payment being made.

2. Latest photos of work onsite, which started on 8th Sept, to prepare and level the site and also to create the raised area for the 2 beds. Work on the foundations is due to start in November. Completion of Phase 1 is scheduled for Dec 09. Signage will soon be erected on the roadside of the resort to make the site easier to find.

3. As to security of funds paid, as others have suggested - if you are concerned about paying the full amount on contract then you can spread your payments over the construction period although a 10% surcharge is levied for this payment option. The standard payment terms of full balance on contract will help to ensure that the project stays cash rich, as funds are in place to pay for each stage of construction. Monies will only be released from the Escrow account as per the schedule on the Escrow Agreement and each construction stage has been satisfactorily met.

4. Furniture packs are priced from 7,450 Euros for a penthouse 2 bed apartment and from 7,950 Euros for a ground floor 2 bed (including garden furniture). (packs for end apartments are slightly more).

5. If you would like to receive a full investment guide on the complex please pm me


Dear sir
I WUOLD TO LIKE TO GET MORE INFORMATIONS ABOUT THAT PROJECT. The position , the private beach. the distance of the center , the prices. I have two apartements in Hurgada , and I like o invest in Marsa Alam

Regards

 

[Elite]

Hi Grazia230

Please pm me with your contact details so I can send full information on the resort, prices etc.

Regards
Louise

 

[marcusalbert]

Hi, to all..
i'm newbie here, i would like to know i someone of us is italian..
i need information how to buy, prices and how to invest..

thanks to all

 

[Grazia230]

hi marcusalbert,
i'm italian and living in florence,
i love egypt so i have buy 2 apartment in hurghada
continuo in italiano sperando di non offendere nessuno ,ho capito che vorresti informazioni per l'acquisto di un appartamento dove di preciso, ad hurghada conosco alcune persone anche perche' mio marito e' egiziano e quindi e' piu' facile fare conoscenze,dimmi cosa vuoi sapere ,tu dove vivi?ciao aspetto
grazia

 

[marcusalbert]

x Grazia230
Ciao!!! In this worldwide we are almost very near, i live Sestola (Mo),i have many ask ...for start..some ask in italy it's more simple..and i'm sure to understand perfectly without repeat!!
Nei tuoi post precedenti in risposta di simmo1 ti riferisci al marsa alam beach resort..a cui sarei interessato? Mi piacerebbe avere un po' di tips&trick su investimenti in egitto e le tue opinioni su questo resort..
Avevo contattato planethouse com per avere info..ma dopo un contatto con un commerciale di Firenze!! non riesco ad avere ne prezzi ne disponibilità...
Intanto Grazie 1000

 

[nembo70]

Hi, to all..
i'm newbie here, i would like to know i someone of us is italian..
i need information how to buy, prices and how to invest..

thanks to all

Hello everybody in this attractive forum, is my first post on it.

@marcusalbert
I'm Italian and I've bought two apartment with rental garantee in Marsa Alam Beach Resort, if you want P.M. me for details.

Hi.

 

[realestatemart]

i think all new members interested in this project should go through all pages of this thread and sure by the end will have more than enough information about it

 

[Grazia230]

hi marcusalbert
i don't have very time for reply you
questa nuova struttura dovrebbe trovarsi a nord della citta', uno studio di quarantanove metri viene ventinovemilaeuro, con zona cucina come fanno di solito +terrazzino
io ho alcuni dubbi essendo una struttura molto grande, pero'questo e' personale ,io preferisco cose piu'piccole altrimenti ti sembra di essere sempre in albergo.ci sono diverse agenzie che lo sponsorizzano, basta cercare su internet scrivendo in inglese .a marsa ci sei gia' stato?ciao grazia

 

[marcusalbert]

Hello everybody in this attractive forum, is my first post on it.

@marcusalbert
I'm Italian and I've bought two apartment with rental garantee in Marsa Alam Beach Resort, if you want P.M. me for details.

Hi.

Thanks!! for your disponibility...as i can i contact you directly..
in the meanwhile, i ask to you if you have buy with italian or international vendor.
Ciao

 

[marcusalbert]

i think all new members interested in this project should go through all pages of this thread and sure by the end will have more than enough information about it

yes, you are right...i have read a lot of post but...60 pages..too more, i navigate to find some image of work in progress but almost nothing, if i understand correct work are started..

I see in your site that you can sell somthin on this project can you tell me Availability?

 

[marcusalbert]

hi marcusalbert
i don't have very time for reply you
questa nuova struttura dovrebbe trovarsi a nord della citta', uno studio di quarantanove metri viene ventinovemilaeuro, con zona cucina come fanno di solito +terrazzino
io ho alcuni dubbi essendo una struttura molto grande, pero'questo e' personale ,io preferisco cose piu'piccole altrimenti ti sembra di essere sempre in albergo.ci sono diverse agenzie che lo sponsorizzano, basta cercare su internet scrivendo in inglese .a marsa ci sei gia' stato?ciao grazia

No i never go in Marsa Alam, but i hope i'l go very soon.
I'm looking a nice structure as invest and as pleasure for some week..
and i think this project can mix my targets.
ciao appena posso ti contatto in pm.

 

[nembo70]

Thanks!! for your disponibility...as i can i contact you directly..
in the meanwhile, i ask to you if you have buy with italian or international vendor.
Ciao

I've bought with planethouse agent... if I don't mistake it is the only developer approved Italian agent.

Sorry everybody...but i prefer to complete my post in Italian it is more simple for me...

Prima di procedere all'acquisto mi sono premurato di raccogliere più informazioni possibile, ho tutto quello che ti occorre per chiarirti le idee riguardo questo progetto.Io non posso perche ho pochi post, ma se vuoi appena ti è possibile mandami un pm e vediamo come recapitartele.
Mi farebbe piacere conoscere uno o più acquirenti Italiani con i quali attendere l'inaugurazione di questo magnifico (se mantiene tutte le promesse) resort.

A proposito...dimenticavo io sono di Napoli...

Ciao.

 

[nembo70]

Have anyone foto or news about furniture style for MABR apartments?...

Hi

 

[Elite]

Photos of furniture packs will be available once the Zafarana complex is finished around April, maybe slightly earlier, but these will just be a guideline as the packs provided for MABR may differ slightly. Example photos are shown in the investment guide, if you would like a copy of the investment guide please let me know your email address.

 

[marcusalbert]

Have anyone foto or news about furniture style for MABR apartments?...

Hi

Ciao cerco di contattarti via pm

and...for all exist a place where see photo of work of progress??

 

[Elite]

If you look back a couple of pages you will see some photos that I posted showing work starting on site, these were taken back in September. As soon as more photos are available I will update you.