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| Sahl Hasheesh Property Investment Talks In one of the most beautiful bays of the Red Sea, just 20 km from Hurghada airport, the Premium Resort Sahl Hasheesh is currently being created. In the 12 km long bay with its wonderful sandy beaches emerges with the Premium Resort Sahl Hasheesh a new "hot spot" of the absolute superlative. The infrastructure in the Resort has already been entirely completed, the opening of the first few hotels and luxury apartments took place in the first half of 2007. Fairy-tale hotels, luxurious apartments, a new "Old Town" with the flair of 1001 nights, unforgettable diving areas, golf courts, a cinema complex as well as a worldwide unique marina – the Premium Resort Sahl Hasheesh |
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#1
18-05-10, 01:19 PM
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Sahl hasheesh operational expenses
I own an apartment in El Andalous, Sahl Hasheesh. The development is growing gradually and will be successful. The problem we have at the moment is that contracts state the developer can increase maintenance charges each year 'up to' a certain percentage (different for different owners). In reality they are cranking them up the full allowed percentage each year, compounded. There is no open book accounting and this is causing a lot of disquiet with owners.
Failure to address this problem could have a negative impact on the success of SH. Rgds Len 
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