Hi
Most of the developers here give unrealistic targets for rental income,again i think it all comes down to flight prices,whilst you can get a reasonable all inclusive deal its going to be hard to make a living from rentals.
There are 2 main driving factors in this debate one of course is the vast amount of properties being built here in Hurghada and the other is as we have said is the flight prices,it seems that flight prices are cheaper from other european countries than from the UK,so it would seem logical to look futher than just the UK to rent your property.
Remember the price of property here is on the increase all the time so its not always necessary to rent it out. Another option if you have bought as an investment ie:-not to use yourself is to rent long term to a high paid egyptian or a foreign worker here,that way you do have a guaranteed income all be it not as much but its still an income.
Ex-Boltonian living in Hurghada
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