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» Frequently Asked Questions

Egypt property

 

Please check back here regularly as we will answer your general queries within this section. Alternatively please call or email us and we will do our very best to answer you directly.

1.) Question... Where is the Desert Pearl Apartment Resort?
1.) Answer... The Desert Pearl resort can be found near the shores of the Red Sea, in the town of Hurghada, Egypt. About 15 km south of El Gouna.

2.) Question... How many properties will there be at Desert Pearl?
2.) Answer... This resort will comprise 225 units. There will be 44 studios, 48 one-bedroom, 117 two-bedroom and 16 three-bedroom apartments.

3.) Question... Are the properties freehold or leasehold?
3.) Answer... All the properties are freehold.

4.) Question... Has the Developer got land title?
4.) Answer... Yes, the developer has full legal title to the land.

5.) Question... What Licenses have been granted?
5.) Answer... All the necessary licenses and planning permissions have been obtained, and are available on request.

6.) Question... When will construction begin?
6.) Answer... Construction has already started.

7.) Question... When will the property be completed?
7.) Answer... Phase 1 properties will be completed in March 2008, with phase 2 following late November 2008.

8.) Question... What are the payment terms on the property?
8.) Answer... Pre-launch prices start at £17,600. Simple payment plan in five steps. First payment of 10% deposit. Three further payments of 10% in the remaining 12 month period. A final 60% upon completion paid with either an arranged mortgage* or cash. One off full 40% down payment will grant every buyer a free Lifetime Lawyer membership worth £3,995, which will cover the completion cost of your purchase. *Mortgage subject to status.

9.) Question... Is there a Pre-Launch Special Offer?
9.) Answer... Yes! The first 50 units can benefit from above scheduled payment terms. If full 40% is paid Client can receive Lifetime Lawyer Pack (normally priced GBP 3,995) free of charge. For further please contact us.

10.) Question... Can the properties be bought in a company name?
10.) Answer... Yes, but companies cannot take out the mortgage.

 

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Egypt property


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