Quote:
Originally Posted by Peter Mitry
There is a lot of interest in Marsa Alam at the moment and the direct link to UK airports will increase the number of visitors in the future. I believe that Marsa Alam is a definate punt for canny investors prepared to get in early and wait...don't expect huge rental returns in the early years but wait for capital growth. In five years your investment will treble...
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Well thats what I was thinking really.....
It'll be 18 months before its built, then a 5 year rental guarantee, which they say will be renewable, but even if not, then in 6 to 10 years will it be one of those you wish you'd done because its "the new place" to be........
I know its nothing much now, but thinking it could be a good one long term. Especially if they ever opened up that old road.