Since 2006 World Property News located in Dubai, U.A.E. Has provided the latest news for investors buying property around the world. Helping you make an informed decision on your important property purchase. We hope you enjoy! Ahmed & Saeed ﺷﻜﺮﺍﹰ جزيل
Thursday, 29 May 2008
Property Hotspots Worldwide Under Investigation by Egyptian Police in Hurghada, Egypt
Hurghada, Egypt Owners Andrew "Andy" Harris and Alison Harris of Property Hot Spots Worldwideand FirstLeisure Limitedin Hurghada, Egypt are being investigated by Egyptian police for alleged accusations of selling the same properties more than once to different clients. There has been many police reports as well as court papers filed against them by foreigners who have been wronged by this company and its owners. The courts are asking anyone who has a property or properties through the Property HotspotsWorldwidecompany to retain an attorney, file a report with the tourist police, and have the contract registered by the court in Hurghada as soon as possible (if this has not already been done). Please note: This can also be done by Power of Attorney signed by the property owner and the Attorney retained by you, or your embassy. Registering the property with the court will ensure all properties that have been sold more than once that the individual who registered it first will hold the property, anyone that it has been sold the same property after this will have to go after Property Hot Spots Worldwide for a refund. The date on the contract will not take precedence, only the first court registration date will. The police and courts are expecting a large amount property owners to go to Hurghada in the next few weeks. The Egyptian police authority have asked that all property buyers from Property Hotspots Worldwide register their property as soon as possible. Or have their attorney do this for them.
Properties include: Regency Beach Regency Cairo Regency Heights Regency Continental Regency Towers Regency Bay Regency Palace Regency Crash Pads Other Alleged Accusations include: Physical and Verbal Violence Against Egyptians Physical and VerbalViolence Against Foreigners Un-authorized Entry into Properties Destruction of Property Theft Letting Apartments without Owners Knowledge Bribing, Intimidating, and Fighting with Property Owners Attorneys Non Payment of Goods and Services Non Payment of Office Letting Racial and Degrading Comments to and about Egyptians and Muslims
The information has been validated through the Egyptian local police, the Egyptian tourist police, attorneys, and the courts. Mohamed R. Reporter Egypt News Daily translated from Arabic by Najat Akif