sharmcliff.info - Indipendent information about real estate Sharm el Sheikh

Corruption and bribery in Egypt?

sharmcliff — Sun, 07 Dec 2008 07:07:22 -0700

Corruption, according to the Wikipedia, is a general concept describing any organized, interdependent system in which part of the system is either not performing duties it was originally intended to, or performing them in an improper way, to the detriment of the system's original purpose. When exchange of money or other value is involved, it's also called "bribery". Bribery constitutes a crime and is defined by Black's Law Dictionary as the offering, giving, receiving, or soliciting of any item of value to influence the actions of an official or other person in discharge of a public or legal duty. read more »

Sharmcliff on Sinaiweekly: "The Sharmcliff... Horror"

sharmcliff — Tue, 02 Sep 2008 06:02:29 -0600

The SinaiWeekly - Issue n.38 - Sept. 1th 2008

What do you get if you put your money into the hands of an off-plan project owner you have not researched well enough? You get an 'all inclusive' package of headaches, extra payments and defeated expectations - all for a price of 47 thousand Euros.
"The 'Lucky' Ones": this is the harsh reality of nine foreign families living in 'Sharmcliff', a 'wanna-be-luxurious' compound on Hadabah. Attracted by the nice design of the compound, the promised greenery of the region, as well as by relatively affordable prices, compound's perfect location and an approaching delivery date, these nine families purchased their flats being completely sure that within maximum one year they were going to invite their close friends for new-home celebration parties. But life had other plans on this matter.... read more »

Ruwaisat: Behind the wall

sharmcliff — Tue, 19 Aug 2008 02:15:49 -0600

SinaiWeekly - Issue n.37 - Aug. 18th 2008

The ultra modern ‘City of Peace’ with its shining hotels, luxurious gardens, clean streets and annually held conferences, harbors a guilty secret. Tour operators never sell excursions to this place, restaurants are not opened there and even police forces so profoundly seen in the rest of the town rarely enter the forgotten areas of Ruwaisat, located 15 minutes’ drive from the heart of entertainment, Naama Bay. read more »

Foreigners being cheated in real estate: We are NOT the only ones!!!

sharmcliff — Tue, 29 Jul 2008 02:59:50 -0600

Real Estate in Sharm el Sheikh is developing a terrible reputation on the net. There are some good stories but unfortunately there are also many forums (see article below) with hundreds of people like us who are desperate and frustrated and totally let down. Not to mention seriously out of money specially for the ones living and working in Sharm. Real Estate Agent are selling you the complex "off plan" giving you their guarantee of the best investment you could do... but then reality is completely different. Is it fair? We all came to Sharm because we like it and decided to invest our money to have a nice place where to live.

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Feedback

sharmcliff — Sat, 19 Jul 2008 00:19:47 -0600

You or someone you know have similar problems related to Real Estate at Sharm el Sheikh? ...... or you just want to give us your opinion and support? Please leave a comment or contact us!!!

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Real Estate Sharm el Sheikh: Forums

sharmcliff — Tue, 15 Jul 2008 03:54:58 -0600

Before you buy anything in any part of the world check the reliability of the developers, their background and other projects carried out by them. Talk to people, register on forums, visit useful websites and ask for recommendations. Hire a reliable lawyer who would make the ‘investigation process’ a lot easier. Check out these forums about Real Estate at Sharm el Sheikh and more! You can register and post your comments or questions concerning Sharm el Sheikh.

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How we live!!

sharmcliff — Sun, 15 Jun 2008 04:32:13 -0600

News from the net!

sharmcliff — Tue, 20 May 2008 03:41:17 -0600

May 2008: Surfing the net we came across the web site of our project owner. www.ashramindustries.com. Quite interesting!! He sounds like a ...."reliable".... business man??? Big investment in agriculture, textiles company, and currently a development project is underway in Sakkara, Giza, called "Sarayat Sakkara". Concerning our complex says that " By the mid 90s, Sami El Ashram took en early step on the new fad of Egyptian tourism, the Red Sea Riviera, by building an apartment complex in the celebrate city of Sharm el Sheikh. The project is over 15.000 square meters, consist of 78 apartments, 400 square meters swimming pool, 1200 square meters commercial space" ...... doesn't say that its all in fantasy land & the reality is a nightmare!! How many more persons has been cheated by him?????

July 2008: All the text on the website has been removed but luckily we made a copy when we found it!!! read more »

City Council takes first action against mismanagement

sharmcliff — Fri, 09 May 2008 02:54:05 -0600

On the 4th of May 2008, after a lot of faxes, phone calls and effort from our side, the wall has been legally removed by the City Council with the support of the Police of Sharm el Sheikh.

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Newspaper article! Sot El Omma

sharmcliff — Wed, 16 Apr 2008 07:20:06 -0600

Press heard about us and there was an article on the Egyptian newspaper " Sot el Omma " on the 14th of April 2008.

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