Why PadsAbroad Ltd Refused Risky Hurghada Property Projects for 17 Years

Protecting Clients Before Profit

PadsAbroad Real Estate was built on a foundation of trust, transparency, and long-term client protection — not fast commissions or risky sales.

Although PadsAbroad Ltd was officially established in 2015, Director Ramy Kamel began working in the Hurghada real estate market in 2008, when the Red Sea property sector was still largely unregulated and exposed to major investor risks.

From the very beginning, the company adopted a clear philosophy:

• Protect the client before profit
• Sell only legally sound projects
• Work only with verified developers
• Build a long-term reputation based on trust

Over the years, this approach has led PadsAbroad Ltd to refuse many projects that later collapsed, faced legal disputes, or caused serious investor losses.

Hurghada’s Early Property Market — High Potential, High Risk

In the early years of Hurghada’s rapid expansion, many foreign investors were attracted by low prices and promises of guaranteed returns.

Unfortunately, the lack of regulation also allowed dishonest developers and unqualified agents to enter the market.

One of the most serious scandals involved a British company known as Worldwide Destination, working alongside Al Riad Company, owned by Yasser Ibrahim.

At the time, Al Riad became heavily involved in multiple projects across Hurghada — until serious legal and ownership problems began to emerge.

What Happened — And Why It Matters Today

In 2011, while working as Sales Director at Florenza Khamsin, Ramy Kamel discovered that Al Riad had sold multiple units without authorization from the legal landowner, E.I.T.C.

The evidence was submitted directly to E.I.T.C.’s management, resulting in the termination of the partnership in order to protect both the company and investors.

Shortly afterwards, it became clear that some units had allegedly been sold multiple times to different buyers, leading to more than 150 legal disputes and major financial losses.

Despite the growing concerns, many agents continued promoting those projects purely to earn commissions.

PadsAbroad chose a different path.

Refusing Risky Projects — Even When Others Continued Selling

Over the past 17 years, PadsAbroad Ltd has consistently refused to market projects where ownership documents, legal structure, developer credibility, or management practices raised concerns.

Many of the projects rejected at the time later experienced severe problems, including:

• Construction delays
• Legal disputes
• Ownership conflicts
• Financial collapse
• Abandoned developments
• Investor losses

Projects previously refused by PadsAbroad Ltd include:

• Harmony Lagoons
• Oasis Marina
• Palm Royal
• Oscar Villas
• Leyanda de Perla
• Dolphins Resort
• Remiviera
• Golden Park
• Alcamar
• Red Coral
• Hawaii Sahl Hasheesh
• Lana Hills
• El Saraya
• Horizon
• Marsa Alam Beach Resort

Most of these developments were either never completed or became involved in major disputes that negatively affected buyers.

Integrity Over Commission

While many agencies focused on short-term profits, PadsAbroad concentrated on protecting clients and maintaining ethical standards.

This approach sometimes meant refusing attractive commissions or declining to promote projects that appeared financially tempting.

However, history repeatedly proved that careful due diligence was the correct decision.

Today, PadsAbroad Ltd continues to screen developers, contracts, land ownership documents, licenses, and project history before advertising any development to clients.

Important Advice for Property Buyers in Egypt

Egypt — especially Hurghada and the Red Sea region — still offers excellent opportunities for international investors.

However, buyers should always approach overseas property purchases carefully and professionally.

Before Buying Any Property:

Verify All Legal Documents Independently

Always use a qualified independent lawyer to review:

• Ownership documents
• Land registration
• Building licenses
• Contracts
• Payment terms

Choose Your Lawyer Carefully

Unfortunately, some lawyers work closely with developers or agents and may not act independently.

Your lawyer should have no connection to:

• The developer
• The project
• The selling agency

True independence is essential.

Research the Developer Thoroughly

Check:

• Completed projects
• Delivery history
• Company reputation
• Legal disputes
• Construction quality

Be Careful of Unrealistically Cheap Prices

Extremely low prices are often warning signs rather than investment opportunities.

If a deal looks far below market value, there is usually a reason.

If You Discover One Lie — Stop Immediately

Inconsistent information, missing paperwork, or misleading promises should never be ignored.

Many failed projects later reappear under new names or through new sales agents attempting to attract new buyers.

PadsAbroad’s Commitment

At PadsAbroad Ltd, every project is reviewed carefully before being introduced to clients.

The goal has always remained the same:

• Protect investors
• Promote transparency
• Reduce legal risks
• Help buyers purchase safely and confidently

After more than 17 years in the Hurghada property market, PadsAbroad continues to believe that reputation, ethics, and client trust are more valuable than any commission.