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Old 24-11-2007, 12:00 PM
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dave99 dave99 is offline
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Location: North of London - UK
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Default Beach front or not - how do you know the true value

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Seems that some people thing that beach front property is the best investment, but is it ?

How can anyone work out the extra value of beach front compared to near beach, or long walk to the beach.

It's only ever worth what someone will pay, but how do you know where the real value starts and the hype stops

- is it just a case of following the best marketing campaign, knowing that you can sell anything to someone if you try hard enough (and spend a lot on advertising).

You might thing it will be sell easier if you need to sell, but surley because of the price premium you are already restricting your "market".

Last time I looked, beaches were at sea level, and in a beach area that means sand, what is it they say about building on sand.

Of course it's technically possible to build on sand, and water, but it has to be an extra consideration both in terms of cost and potential risk.

Don't forget the foundation will be well below sea level for most "on Beach develpoments".

The Red Sea is not very tidal, but it does move a bit, and then there's the Ice Bergs that regularly pop up near Hurghada, but they don't half melt quick.

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