Thread: Price Increases
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Old 12-01-2008, 07:35 PM
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dave99 dave99 is offline
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Default Catch 22 I think

Quote:
Originally Posted by lyndsay552 View Post
As most people on this forum know, i'm trying to buy a villa in hurghada but i feel like i'm banging my head of a brick wall.

I understand that the prices are on the increase in Hurghada but I've been enquiring about a few re-sale properties and I keep getting emails back saying that the property has been on the market for a while and as such the price has increased and it usually increases by about £20k!!

If the same situation occurred in the UK, ie a property has been on the market for a while and has not sold, the price would decrease, not increase.

Sorry, just need to have a whinge to someone lol

Lyndsay

And if the price had not gone up then what would you think !!

Maybe that it will never go a up in value - so it's not a good investment
- think about it !!!

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