Quote:
Originally Posted by kalos
Hi,
From the web:
Sunset Pearl- Plot 5b- ONE bedroom apartment, from £60,612 M (58 sqm)
Sunset Pearl Prices :-
Studio from £45,000
1 Bed from £60,612
2 Bed from £73,469
3 Bed from £87,245
Paradise Gardens plot 18 (check it out and see how much closer to the beach it is - SP is 500m back form a rocky shoreline no sand)
1 beds(c. 62 sq m) start from c.£44,000 -
2 bed 80 sq m from c. £55.000
Do investors really want to pay nearly 20,000 pounds more for an apartment twice as far from the "so called beach " and the same quality of build/spec ? Both are next to a golf course so equal on that score too.
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More to the point why would anyone spend even £55,000 on a 2 bed unit at PG
- the same size unit, close to a beach can be bought in Hurhgada for
£27,000 !!!
- that places SP at
THREE times the Hurghada price
- and PS at a mere
TWICE the price
.
.