Hi Rosa and welcome to the forum. I have bought in Nabq bay in Sharm. The development offers and management and rental scheme but to be honest the returns are not very good. It was about 8% on your investment per annum over 3 years and you could only use it yourself for 4 weeks of the year. Ok you dont have to worry about anything but there are other ways to rent it out. We have not made up our minds what we are going to do yet. The whole complex wont be ready until at least October this year. We may well just keep it for our own use plus friends and family. but if we need the extra cash we may well need to rent it.
|