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Basic Blog Info
Hurghada Real Estate And Investment
Author:
Onsy
Blog URL:
http://www.zenobank.com/blogs/pharaohrealestate
Description:
This Blog is to give real information about the real estate market in Hurghada. To know what you should do, your rights and your responsibilities.
Tags:
hurghada real estate property investment houses home
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Hurghada Transportation

Transportation to the city

There are four means to come to Hurghada.

1- Air Travel

This is the only way to come from a foreign country. But It is also available between the major cities in Egypt, if you don’t want to waste your time.

2- Bus Travel

the most famous bus transportation company between cites in Hurghada is Elgouna Travel. Its Lines for the north cities only. It offers a meal and drinks in their journey. It is located in Elnasr St.

3- Car Travel

For most of the Egyptians, they like car travel for it is much faster and more cheap. It covers all the cities from north to south.

4- Sea Travel

and these sea trips are only for two directions, the first from- to KSA and the second is from – to Sharm Elsheikh

 

Transportation inside the city

The public means of transportation in Hurghada are quite good compared to usual Egyptian standards.

In Hurghada there are three major means of transportation.

1- Microbus;

It is the most populated means in Hhurghada. It transport several passengers at the same time; 14 passengers maximum; it covers most of the city. The only communication means is to raise your hand to stop for you so it hasn’t a scheduled stops. The cost in the longest trip doesn’t exceed 2 EGP. So If you have your family and want to pick a microbus for your own sake, the average cost inside Hurghada is 15 EGP, for usually the driver will mention a very high price for the transportation, do not deal with him, but mention simply your price, and go away slowly, waiting for his reaction. And don’t forget there are a plenty of others.

2- Taxi

It is the most comfortable transportation mean you may have in any cit, for it safes your efforts and time. As we have mentioned before the only communication means is to raise your hand. Most of the drivers turn off their taximeter, so rarely you will find someone agree to switch it on, and when he does observe the taximeter counters carefully. You have to negotiate with them. But put in your mind that every km costs about 1 EGP.

3- Minibus

It hasn’t scheduled stops, and still new in Hurghada, so It doesn’t cover most of the city. Its capacity about 30 passengers.

22/04/2009 0 comments | Add Comment
Red sea hurghada telecommunication

Telecommunications

 

Hurghada is well served by 4 major telecommunication providers. One of them is the Telecom Egyptian company which is the main providerand it is specialized in land lines. It owns the Te.data company for DSL providers which govern a major share in the Egyptian Market. The other three companies specialized in GSM and 3.5G technology. They are Mobinil, Vodafone and Etisalat. Beside you can find general service phones in the streets which operates through prepaid cards like Menatel and Ringo.

You can find in Hurghada a wide range of Internet coffee shops either inside the Hotels or down the city. All of the companies depends upon either monthly bill or prepaid cards which available mostly in the range starts from 10 EGP to 100 EGP

Telecom Egypt

        Address: Eldahar square

http://www.telecomegypt.com.eg

 1854 witnessed the birth of Egypt's telecommunications industry.The first telegraph line connecting Cairo and Alexandria was inaugurated early in 1854, forming the company that was later to become Telecom Egypt. It depends on wire phones either residential or commercials. You can have DSL for each line on speeds starts from 128 kb/s to 2 MB/s at affordable prices

 

Mobinil

Address: Sheraton El Arousa Sq.

Working Hours: From 12 p.m. to 3 p.m. and from 6 p.m. to 10 p.m. daily, except Fridays from 3 p.m. to 10 p.m.

http://www.mobinil.com/

 

leading Mobile service operator in Egypt as it provides its services for more than 20 millions customers.  Mobinil (The Egyptian Company for Mobile Services) is Egypt's first mobile phone operator. Founded in 1998. first telecom company to receive ISO 14001 certificate in Egypt and the Middle East

Coverage extends to more than 99.65% of the Egyptian population. Mobinil has international roaming agreements with 348 operators in 135 countries Mobinil was the first to establish roaming agreements with the US and Canada, as well as non-GSM Operators in South America extending our services to countries such as Argentina, Brazil, Peru, and The Philippines, to name a few. Mobinil offers roaming with satellite operators such as Al-Thuraya.  Mobinil is currently preparing for the OHSAS 18001 certification [Occupational Health & Safety Assessment Series] – another step that shows Mobinil's concern about the well being of its employees, customers and the community.

 

Vodafone

El Mohandes For Comm.

Address   El Saala Square , Hurghada

http://www.vodafone.com.eg

 

Vodafone Egypt, part of the UK’s Vodafone Group is a mobile network operator in Egypt, formerly known as Click GSM. Vodafone launched its 3G broadband services in Egypt hours from about two years.

It is the second Mobile service operator and a leading company in Egypt.

Vodafone Egypt is a total communications provider, offering customers voice, data, and 3G broadband and fixed internet. Since its inception in 1998, the company has drawn on the global strength of Vodafone Group as well as its own in-house research and development of innovative products tailored specifically for the Egyptian mobile market. Vodafone Egypt now boasts a team of more than 3600 employees serving more than 17.6 million customers (Dec. 08) nationwide. The company's success is anchored on the superiority of its network, excellence in customer care, leadership in the innovation of new products and, most of all, a focused growth strategy. Vodafone Egypt offers roaming services through agreements with more than 438 partners in more than 153 countries.

 

 

Etisalat

Hurghada

El Sheraton road, El Kasr Mall, shop 3

http://etisalat.com.eg/

 

It is the third leading mobile provider company in Egypt. It has its license in Apr 2007 and it depends on 3.75 G for faster connections and good quality. Despite entering the market late into the game, Etisalat was able to hit the 1 million subscribers mark only 50 days after launching on April 30, 2007. Currently Etisalat has more than 4 million active subscribers from the 35 million mobile subscribers in Egypt Etisalat Misr is one of 14 service providers managed by Etisalat in the Middle East, Asia and Africa. Etisalat currently has access to a potential market of over 400 million subscribers and today Etisalat services over 32 million subscribers including the total number of fixed-line, Internet, mobile and television from each of its subsidiaries.

Nearly all hotels in Hurghada have an internet café or they provide you with internet access conveniently for your laptop directly in your hotel room or in a specially designated area. Furthermore, there are Internet cafés on every corner of the city. These are open late every night and they mostly have reasonable prices. You can also purchase mobile, temporally limited prepaid cards for your cell phone for about 25 LE, with these you can avoid the high telephone costs caused by your mobile telephone provider for international calls. Family and friends are able to call you on this Egyptian phone number, which is cheaper and you do not have to pay roaming fees. Certainly there are several different telecommunication providers (look them up online), which offer reasonable prices for making calls to Egypt.

12/04/2009 0 comments | Add Comment
Hurghada Real Estate Legal Operations
It is something I want to share with property buyers that we shall not depend upon one agent or agency unless we have enough and previous dealing relationship with them. Once, I have heard five different prices from five different agents for the same plot. They are like chain. Sometimes to reach to the owner of the property you have to pass through two or three agents, each one with his percentage. In the Egyptian law, the percentage of Agents or agencies is 2.5% of the total buying sum. But sometimes they take the percentage beside they increase the price of the property for their own and that’s why you can find on the Internet different prices of the same property in different websites.

     The legal process in Egypt as general and hurghada in particular has a special status. Each plot or building has legal papers that claims the ownership to a specific individual or group. In Hurghada, There are two stages of this ownership. The first is to have the primary contract from the local government council assigned by the governorate which claims the ownership of the plot. Legally, this contract has three years validity according to the stages for the constructing process, after this period the government has the right to cancel the contract if there was no sign of construction. But if there is any sign of construction upon the plot, the government has no right to cancel the contract.  
After the primary contract, If the owner of the plot wants to sell his land, the only legal process for the buyer is to have an official authorizing paper from the seller to manage and control the plot as the owner of it. This official authorizing paper has a certain shape and context, you can add to it but not to omit anything.
        By having this contracts and other legal papers, this does not mean that the plot or the building is a registered one. But Registration has another shape that we call it here in Egypt (The Green Contract) which you can have a full access to your property
10/04/2009 0 comments | Add Comment
Hurghada Real Estate And Investment

Hurghada is a tourist city; located on the eastern coast of Read Sea. The chain of medium-height mountains and the desert are situated to the west of the city to add the most impressive effect to all those, who are looking for enjoying the desert activities with its all different shapes like the safari trips on jeeps cars and quad bikes. As it is so exciting activities in a vast desert with a rich nature of colors and curious life. It adds more pleasure to the stay in Hurghada as the tourists spend their time enjoying the nature of the desert riding camels and discovering the life of Bedouins with their traditions and way of life or driving jeep on the soft sand to enjoy watching the dunes while the jeep passes over it feeling the pleasure of adventure. Quads consider being so exciting, too, for everybody.

 


  The city is well known so long time ago but the attention to the investment in it has rapidly increased since the English petroleum engineers discovered the richness of it. The star of Hurghada shined so brightly in the field of tourism since 1980's, as the city is so famous of its fair weather year-round.

 

 


     Hurghada was founded in the early 20th century as a small fishing village. Today, it has become the foremost tourist resort in the governorate of the Red Sea, which is located on the coast of the red sea, and an international center for aquatic sports: windsurfing, sailing, fishing, and swimming, snorkeling and diving. The richness of the underwater life led the whole world, especially, the divers to come to Hurghada to enjoy the sea life in it. The warm waters here are ideal for many activities like diving and swimming all the year as the temperature degrees do not go below 18'c in winter. For this reason, Hurghada welcomes over than one million visitors seeking the charm of the sea.

 

 


   The islands of Hurghada add more charm to the beauty of the sea here to offer more fun and excitement to the life of those who are looking for pleasure. Sea trips to these islands for snorkeling, fishing, or diving are among the activity one can enjoy while visiting these islands.

 

 


    Hurghada extends for about 40 km along the seashore of the red sea. The resort is a destination of tourists coming from all the different corners of the world and is served by the Hurghada International Airport with scheduled passenger traffic to and from Cairo and direct flights to several cities in Europe. The airport has undergone massive renovations to accommodate rising traffic. It attracts the Egyptians as well to come to settle in it. Today, it got 248,000 inhabitants and became the largest city on the coast of the red sea.

 

30/03/2009 0 comments | Add Comment

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