Invest in Hurghada

Go Back   Expat Forum For People Moving Overseas And Living Abroad > Middle East & Africa > Egypt Expat Forum for Expats Living in Egypt

Egypt Expat Forum for Expats Living in Egypt Welcome to the Egypt Expat forum. This is the place to meet like minded expats that have made Egypt their new home. This forum is ideal for Expats that have moved to Egypt and people that are thinking about making Egypt their new home.

Invest in Hurghada


Reply
 
Subscribe to this Thread Thread Tools
  #1 (permalink)  
Old 21st March 2018, 07:44 PM
New Member
 
Join Date: Mar 2018
Location: uk
Posts: 3
Rep Power: 0
laurentiu.roman is on a distinguished road

Users Flag! Originally from romania. Users Flag! Expat in uk.
Default Invest in Hurghada

hi, anyone that already have bought some properties in Tiba resort or Makadi can share some information ? I looking to buy and rent and i need any advice . thank you

Reply With Quote Quick reply to this message
  #2 (permalink)  
Old 2nd April 2018, 02:38 PM
New Member
 
Join Date: Jan 2011
Location: UK
Posts: 3
Rep Power: 0
jackie2603 is on a distinguished road
1 likes given

Users Flag! Originally from uk. Users Flag! Expat in egypt.
Default

Hi, I have bought an apartment in Tiba Resort. What is it that you want to know?

Reply With Quote Quick reply to this message
  #3 (permalink)  
Old 2nd April 2018, 03:43 PM
New Member
 
Join Date: Mar 2018
Location: uk
Posts: 3
Rep Power: 0
laurentiu.roman is on a distinguished road

Users Flag! Originally from romania. Users Flag! Expat in uk.
Default

Hi . Thank you for your reply. First of all I have never been anywhere in Egypt, I'm living in uk for almost 5 years . I'm not getting to much money here (I'm a simple worker) and looks like there are small chances to be able to buy a house here in uk. From what I see a bank will borrow me some more money that will cover the price for a resale 1 bed apartment in Tiba palace or a studio in Tiba Resort. From your experience have you won any money buying and renting your property there ? I'm looking to have a Holliday in September or October there and just flights for me my wife and my sob are around 1000. One all inclusive Holliday from TC is 1500 so I'm asking myself why anybody will rent my studio? Websites like airbnb Holliday lettings and other are full of properties there and don't look so busy and expensive , or I'm wrong?

Reply With Quote Quick reply to this message
Sponsored Links
Advertisement
 
  #4 (permalink)  
Old 3rd April 2018, 01:56 PM
New Member
 
Join Date: Jan 2011
Location: UK
Posts: 3
Rep Power: 0
jackie2603 is on a distinguished road
1 likes given

Users Flag! Originally from uk. Users Flag! Expat in egypt.
Default

Hi, I bought my apartment for myself, family and any friends that fancy a holiday in Hurghada. I don't plan to rent it out, as I don't think they get looked after. Flights can be expensive, depending on time of year, obviously school holidays being at a premium. Tiba Resort is quite far from anywhere, about 25 minutes into Hurghada but only 10 minutes from El Gouna which suits me. I bought mine from a company who also do rentals and they seem to manage to rent out properties quite well. It all depends what you want, hotels do have good deals and if you are only planning a yearly holiday then this may be the best option. For me, I go over 6 times a year and like the freedom of my own place and it will be my retirement home. If you need more info, let me know

Reply With Quote Quick reply to this message
  #5 (permalink)  
Old 3rd April 2018, 03:41 PM
New Member
 
Join Date: Mar 2018
Location: uk
Posts: 3
Rep Power: 0
laurentiu.roman is on a distinguished road

Users Flag! Originally from romania. Users Flag! Expat in uk.
Default

Hi. Would you mind to send some photos from there? One agency is selling there a furnished studio for 7000 , what do you think is a good price? My son is 1 year old now should be better for him to book the Holliday there in October? I understand is still to hot August and September. I don't have money for more than one Holliday per year ( even one is not so easy for us with the money) and for the moment I don't think I like to have every Holliday in same place . This is the reason that I'm thinking to buy and rent.

Reply With Quote Quick reply to this message
  #6 (permalink)  
Old 3rd April 2018, 09:57 PM
New Member
 
Join Date: Jan 2011
Location: UK
Posts: 3
Rep Power: 0
jackie2603 is on a distinguished road
1 likes given

Users Flag! Originally from uk. Users Flag! Expat in egypt.
Default

Hi, here are a couple of photos of Tiba Resort. 7000 doesn't seem a bad price for a furnished studio. My advice would be to visit Egypt/Hurghada first before making a decision, get a feel for the place and decide whether it is for you or not. Egypt is a fantastic country but it's not everyone's cup of tea.
Attached Images
File Type: jpg 20180403_224643_1522792474924.jpg (43.7 KB, 7 views)
File Type: jpg 20180317_181403_1522792499122.jpg (31.3 KB, 6 views)

Reply With Quote Quick reply to this message
Reply


Quick Reply
Message:
Options

Register Now

In order to be able to post messages on the Expat Forum For People Moving Overseas And Living Abroad forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:
Location
Where you live
Expat From Country
Please select the country you originate from. This will appear as a flag when you make posts on the site.
Expat To Country
Please select the country you have either moved to or want to relocate to. This will be presented on the site when you make posts.

Log-in


Thread Tools

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
If you had 100K to invest. Nicksmith Spain Expat Forum for Expats Living in Spain 28 15th September 2015 04:39 PM
Is it worth to invest more?? Sandraw719 La Tasca 15 7th October 2014 08:05 AM
What to Invest in in Cyprus zigwig Cyprus Expat Forum for Expats Living in Cyprus 31 17th August 2012 05:09 PM

FORUM PARTNERS

ExpatForum.com is owned and operated by VerticalScope Inc.

Retiring Overseas Guides | Moving Overseas Guides | Cost of Living | Health Care Guides


All times are GMT. The time now is 12:05 AM.


Powered by vBulletin®
Copyright ©2000 - 2019, vBulletin Solutions, Inc.
Search Engine Friendly URLs by vBSEO
vBulletin Security provided by vBSecurity v2.2.2 (Pro) - vBulletin Mods & Addons Copyright © 2019 DragonByte Technologies Ltd.