[Peter Mitry]

Always try to look for some features that seperate your investment from others available; this could be front line beach, amazing golf views, front line to the Nile (in Luxor), stunning city locations with good views central position and high rental demand. By your own research you have to establish if this is a new or emerging market and if there is still capital growth in the future. It is always safer to look at all investment opportunities as a potential 'five year hold'; don't be pannicked into talk of short term gain by 'flipping'. This can be achieved in some markets but consider it as a bonus.
In this scenario you have to consider rental potential; location is again crucial, ask yourself 'why would anyone want to rent my apartment?'.
Finally, look at market growth forecasts. Take half of the forecast growth and ask yourself if that would achieve your objectives.
If the answer is 'yes' then you are closer to making a decision. It's not the amount you pay so much as the likelihood of being able to sell at a profit when the time comes.