View Single Post
  #2  
Old 08-09-2007, 09:55 PM
Peter Mitry's Avatar
Peter Mitry Peter Mitry is offline
Egypt Forum Founder Member
 
Join Date: Feb 2007
Posts: 1,096
Default

Like everything else in an emerging market it's worth what someone is prepared to pay for it; its a judgment call, if you want to live in it or spend a lot of time there and of course if you have the cash to spare it may be an easy decision. If you are thinking of renting it out or looking for capital growth you must look at what is likely to have an impact on the future Development of the immediate area, proximity to other amenities, rental competition etc etc
Unless you are going to live in it just don't let your heart rule your head...
__________________
PROPERTY SHOP INC. International Property Brokers
EGYPT REAL - Your One Stop Shop for Hurghada Property. And Now Interiors and Property Management
Reply With Quote