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Iraida Estate Agency

Iraida Estate Agency review: letting customers down 35

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7:07 am EDT
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I am totally surprised that there are no complaints about this company as they have let hundreds of British and European clients down when purchasing homes from their Real Estate Agency. They take peoples money for properties and hardly ever complete especially on the Oasis Marina etc projects in Hurghada.
Customers have paid for their apartments some in full and are still waiting for their apartments to be finished years later. There is no communication skills in this company and they are still advertising their properties on their website and promising people finished apartments on the dates promised, which is all lies and I feel sorry for anyone who falls into this trap and loses their life savings to this company. All I can emphasise is beware of advertisements which promises everything and completes nothing.

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Iraida Estate Agency - oasis marina 3
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35 comments
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Susi Lewis
, GB
Sep 09, 2016 5:49 am EDT
Verified customer This comment was posted by a verified customer. Learn more

These are the fraudsters, Ehab & Iraida Shahwan - WANTED !

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Susi Lewis
, GB
Sep 09, 2016 5:47 am EDT
Verified customer This comment was posted by a verified customer. Learn more

Arrest Warrant has been issued this week against the Gangster. Iraida Shahwan (for Name Usman) was convicted with her Partner lawyer in the UK by a British Tribunal Case in 2003. Then she went to Egypt, married Ehab Shahwan, together these two frauded many mainly british Investors, Daily Mail will be ready in about 2 weeks time to publish the 2. article ! In the meantime they have divorced Iraida Shahwan is the CEO of a Company named RSP Management in Hurghada, a guy there, "Mr. Sammy" is running it, doing the "dirty work", issuing notices for annual maintenance fees, every year owners are quested to pay into a different bank account ! I have contacted the Solicitors Regulation Authority and the Tribunals Offices as well ! It's such a large crime but we will get them !

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Malika64
, US
Jun 02, 2016 8:46 am EDT

Hello after long time. Are there any news about OM?

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Barbara Woodhead
, US
Oct 02, 2015 8:42 am EDT

We purchased an apartment at Oasis Marina through Red Sea Properties, based in Derby in 2008. Needless to say we have had not got an apartment or our money back, despite instructing a solicitor in Egypt. What can we do? We are as desperate as everyone else. barbara.woodhead@btinternet.com

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Susi Lewis
, GB
Sep 04, 2015 3:36 pm EDT
Verified customer This comment was posted by a verified customer. Learn more

Currently taking Group legal Action against Iraida Estate Agency - Ehab Shahwan - any victims that have not joined so far and need more Information please contact me: Susanne.Lewis@t-online.de

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Eskil Jonsson
, US
Jul 27, 2015 8:30 am EDT

We have bougth an apartment in 2010 for 85000 EUR. Right after signing the contract the political uprising started we have understood, . We have tried several times to get information but only received promises which have not been fulfilled. Continous delays and new explanations. We are very much disappointed as we have lost a lot of money. Have also had a contact with lawyer in Hurghada but it is not easy when we are Sweden. We bought through an estate agent in Stockholm Dan Crona who also assured us several times. The complaints above are the same but I have thought up to now that it is the political situation which has caused financial problems to complete the project. The latest information on Building Update is that part of the land has been sold on 4th May 2015 and that phase one will soon be completed. A owner's union would be set up for this.
I would very much welcome to get recommendations for how to act together with the owners in Phase I.

My email is eskil.j.jonsson@gmail.com

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Stephen Burr
Bristol, GB
Sep 19, 2014 9:23 am EDT
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Me and my wife paid in full £56000.00 or 68880.00 euros 2011 . We met with representatives from Iraida company in 2013 and they said it was down to the revolution, that was the reason it was not finished, but other companies had completed their builds I said, then they said it would be ready for us in 2014, me and the wife are back in Hurghada in October to meet our lawyer and find out what the hell is going on. What we have been told by our lawyer is that because they have broken the contract that we can get our money back with compensation, we bought our property through a company called Sun Shine Dreams did any body else use this company?.
My Email address is stephenburr@hotmail.co.uk please can we keep in contact with each other to tri and fix this problem.
Regards MR S BURR

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scambuster54
Southport, GB
Jul 24, 2014 5:07 pm EDT

Can anyone on here recommend a lawyer in Hurghada I could use to register our contract against the developer?

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Angelle73
Bromley, GB
May 19, 2014 10:18 am EDT

I've got £60k with them since 2009. Have been chasing agents Experience International (UK), Estate Alliance (Hurghada), Iraida & my solicitor for updates. Experience just asked ME if I had heard anything as they have no idea what's happening with the development! How laughable is that? Said the last they heard was that Iraida sold the project to another developer! My solicitor who kept assuring me over the years that its in hand and that it'll be fine as soon as Egypt recovers starts setting in, have now said that a few of his clients are taking Iraida to court and that its only through this group class action that I'll get my money back. Of course my reservation that he requires another £1000 to 'act' in this capacity for me. Forgive me for sounding cynical but I don't trust anyone related to this project who has any kind of financial benefit. Like everyone else, Iraida themselves avoid any replies to communication whatsoever. Logic says the only hope we have or ANY recovery of funds is to indeed use either a UK or Egyptian based firm that specialises in contract and/or property law to begin litigation. Logic also says that such a firm would indeed be incentivised to take the case up if its a group claim. I can also only assume the only reason Iraida hasn't declared themselves bankrupt or in administration yet is because they're continuing to catch unsuspecting buyers and realise there is still an opportunity to collect funds. An egyptian legal firm would know would be best placed to probably advise investors on the strengths/weakness of a claim. They'll also know the MO of Iraida. If I am able to make any progress through personal endurance with this (and I am exhausted), i'll update everyone and check your appetite re: group claim. Good luck all - Angelle

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Columbus280654
Southport, GB
May 18, 2014 4:31 pm EDT

If there is any group taking legal action against Iraida could they please post details to get in touch. We have lost £40k to them.

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kamil szewczyk
, PL
Mar 07, 2014 10:44 am EST

Iraida still selling apartaments and People didnt know pay money and wait forever for apartaments very funny . Send to him to the facebook post about thru bacause my post they delate. Still nothing people wait and...

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tommy two two
Warwick, GB
Jan 09, 2014 12:48 pm EST

Iraida are con man dressed up as clowns thay take you money and give you nowt in retrun no property or any thing eles and if thay dont like what you say aboutthem thay delet it from the web so thay our lieres to do not inverst with them you will loos your money lake the rest off us

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kamil szewczyk
, PL
Jan 05, 2014 11:04 am EST

Hi all
still nothing. I writes many emails to Ehab Shahwan CEO Iraida Estate Agency and did not respond. Iraida deletes my comments on her facebook. Ehab also cancels his comments on his facebook. I wrote on the forum http://www.propertyforum.com the whole truth but they charged my comments and banned me.
Iraida itself does not do anything with it that took the money and nothing builds and people feel cheated out robbed.
How do you know something new tib on the Email kamil.szewczyk1 (at) wp.pl

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kamil szewczyk
, PL
Jan 03, 2014 5:17 pm EST

There are a lot of people defrauded and mugged by Ehab Shahwan and Iraida Estate Agency in Hurghada

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kamil szewczyk
, PL
Dec 31, 2013 11:55 am EST

Iraida Estate Company and Mr Ehab Shahwan thay are Company of Thieves

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kamil szewczyk
, PL
Dec 14, 2013 2:32 pm EST

Dont buy they are liars and thieves back all my money for oasis marina

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Red Sea Interiors
, EG
Nov 01, 2013 2:43 pm EDT

As a real estate agency we recommend all our clients to registair their apartments in the court. The signature validation is the minimum action which should be provided to secure the investment. You can ask your agent or any of the law companies in Hurghada to do so.
The avarage fee is around 2500 LE for full service. Registaring of the apartment can protect the rights of the owner in this situation. Red Sea Interiors

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kamil szewczyk
, PL
Oct 24, 2013 8:36 am EDT

All Egiptian they are liars and thieves, you'll find that you will understand

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aymanayman
, FR
Oct 10, 2013 5:11 am EDT

Hello,
I'm Egyptian and have flat with Iraida as well and i suppose to recive this flat in 2009 but as you know nothing deliver to any one because of many reasons ...and i know that this man have problem with the cash flow that is why the construction is very slow and maybe nothing at all + Egypt situation now + ...etc
i know about this project and the contract between the company and the bank in Egypt ..etc
I fully agree with you that there is no respond to our emails and phone calls ...etc, and it is become serious case now but do you think if we raise a court case in Egypt now you will get your money back ? I think about it a lot but it will take more than years in the court as well and finally we will get the money or not and in same time i follow their website monthly maybe i can find something new and today when i saw your emails i check and find new update from CEO of the comapny and you can check it as well
http://www.oasismarina.net/updatedetails.php?id=75

AS I SAID ABOVE I'M WITH YOU IN ANY SOLUTION TO GET THE FLAT OR GET THE MONEY BACK
but in same time we have to think that if this man (CEO) is lier and will not deliver anything for us regarding Oasis Marina so why he update his website ? he can disapper and not respond ...etc
what I mean we wait for many years why we cant wait for maxium another 1 year and see what will happen and after that we can find a solution for this issue .

finally, be in touch and i'm with you if you find any other solution

Thanks
Ayman

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kamil szewczyk
, PL
Oct 06, 2013 10:46 am EDT

Please read this forum, there is everyting about Iraida and Mr Ihab Shahwan and him wife.
http://www.propertyforum.com/forum/egypt-property/20857-oasis-projects-iraida-important.html
They are even not exist.

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kamil szewczyk
, PL
Sep 29, 2013 2:09 pm EDT

The last Post Iraida Estate Agency and Mr Shawn and wife to the Dear Customers is very funny.
http://www.oasismarina.net/updatedetails.php?id=75
They are "lying in the living eye" dont want build and invent reasons.
The all Awards is a big Lie. They are pay for this awards and have got it.
Why They dont add the picture in building site from Oasis MArina Because they dont want finished this but only lie people.
Keep in uncertainty
Please send What You thing about this
Best Regars for peole Who lie Iraida

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kamil szewczyk
, PL
Sep 27, 2013 9:21 am EDT

Iraida NO Recommend. They are unhonest!

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kamil szewczyk
, PL
Sep 26, 2013 1:26 pm EDT

Hello all. How are You people?
Mr.Ehab Shahwan and his wife Theay are the owner Iraida Estate Agency and blocked adds comments in facebook. I send to him many comments under pictures and he delete all. HAHA very funny guy. I send to all people petition dont buy and dont belive to Iraida Estate Agency and Mr.Ehab Shahwan and his wife. Please send to me contact to You we are together gone to the court BEst Regards to allwho have been deceived by Iraida. kamil.szewczyk1@wp.pl

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neros2k
Preston, GB
Sep 18, 2013 2:58 pm EDT

So glad to find this forum. We purchased an apartment in full in Nov 2008. Everything going fine at first but now no contact with Iraida. They do not respond to e-mails etc. Starting to look into legal proceedings as we just want our money back. Would be great to hear from other owners if they've had any success or can offer any advice.

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kamil szewczyk
, PL
Sep 16, 2013 8:45 am EDT

I give my skype szewczyk3 please send to me everything what You Have. Together we will go to the court. We take lawyer.
Sincerely Kamil Szewczyk

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kamil szewczyk
, PL
Sep 14, 2013 7:42 am EDT

kamil.szewczyk1@wp.pl

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kamil szewczyk
, PL
Sep 13, 2013 3:19 pm EDT

Hello all
I also been cheated by Iraida Estate Agency. I Enter my email address can all assume a collective lawsuit in court against fraud.
My email kamil.szewczyk1@wp.pl.
Please Describe your situation to me.
I have been cheated on £ 20k
Sincerely please contacts to me Important
Kamil

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NEAO777
London, GB
Jul 03, 2013 7:32 am EDT

This is ridiculous! We are in the same position! Not sure what to do now? Any advice?

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tommy two two
Warwick, GB
Mar 22, 2013 9:58 am EDT

when you try and take this lot to court well here we go court case date is all set and then 1st there lawyer dose not trun up for the hearing so you have to start all over agine its a bloody joke so i would say to the lot off you out there stay well away from iraida and all the sales team that are trying to flok it as you to will be ripped out just like the rest off us

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wantedahomebythesea
Chelmsford, GB
Nov 25, 2012 4:49 pm EST

The Iraida company has very badly let down their existing clients. Despite years of waiting for the oasis marina to open it has NOT come to fruition. It is years behind the building process and all they give their mainly British and European clients are false promises. Now, these clients are taking Iraida to court- it is their last hope. Future Investing in Egypt will only happen when there are good developers and maybe Cairo should be made aware of this FRAUD and CORRUPTION that continues to happen.

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tommy two two
Warwick, GB
Nov 13, 2012 11:13 am EST

the next thing we will be herring is the lawyers office has shut down

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jimmy q
Warwick, GB
Oct 27, 2012 3:41 pm EDT

your lucky thay are in a meeting our company went bust a week after we patred with our cash

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The yardie
Attleborough, GB
Oct 27, 2012 2:55 pm EDT

This companys is the pits they have taken my hard earned money 3 and half years ago still waiting only have a few workmen on at any one time if we are lucky keep your money in your pockets believe me you will get ripped off.also like to add the uk company who was the selling agent "www.experience-international.com" do not give a flying FCUK. Once they have your money every time you phone there in a meeting total rubbish, These companies need to be named and shamed if this saves another mug from losing there money then i'm happy.

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jimmy q
Warwick, GB
Oct 27, 2012 1:58 pm EDT

When you start to buy at 1st thay will bend over back woulds for you and give you anything you would like but as soon as this company have got your money in there bank acc that's it with them you wont here from them again, to thay wont a little bit more money from you stay well away from them and be very careful off any lawyer out there to as a lot off us have found out thay to seem to say yes i can help but what thay don't tell you is thay are helping themselves to you money the property market out here in Egypt is just a pyramid game and one you me or the man next door will win

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jimmy q
Warwick, GB
Oct 27, 2012 1:46 pm EDT

after spending over 50k on a property on the oasis Marnia site 4 years ago i am very disappointed with this company not only have thay failed to deliver on time but if ever you try and telephone them thay are very rude to you and as for lady Sherwin her self she to is very rude and very nasty to go with it so all i would say to any one out there is to think very hard be for investing on the oasis Marnia Egypt as if you do you to like a lot off us will be saying good by to your cash