Recent Answers

• IPI plan to achieve a 5 star status for the whole resort
  
  
• It is unlikely that a Steering Group meeting will be held in London
  
  
• The free weeks of personal use which investors were not able to use because of construction delays can now be taken in the next agreed rental period (after the first 5 years) if they so wish. Investors need to inform IPI before the handover of the apartment if they want to use this option.
  
  
• Best Western normally start marketing and take bookings for a hotel 3 months before the official opening of a resort
  
  
• the Resort will be managed by a joint venture of El Mohanad and IPI, operating under the Best Western franchise
  
  
• The plot to the right of the resort is owned by the Egyptian authorities and is not for sale, and there are no plans to construct there
  
  
• The Escrow agent has released stage 5 payment for B block: the start of plastering