Although there are indicators in the market which have an upward effect on prices (huge increases in steel & cement) there is no doubt that like in any emerging market many Developers are cashing in. Thats why finding a good agent can often save you a lot of money; if he's doing his job right he is not just selling but securing his client base for the future by negotiating on your behalf.
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 PROPERTY SHOP INC. International Property Brokers
EGYPT REAL - Your One Stop Shop for Hurghada Property. And Now Interiors and Property Management
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