Quote:
Originally Posted by Rjw
i have started to look at marsa alam, it would be my first ever investment, i like the idea of the 10% rent for the first 5 years.
very new to all this so need to learn alot more yet.
i have been to marsa alam, sharm and hurgarda and loved all 3. marsa alam does not seem to have anything other than the hotels but.. and for me it was a big but the diving is very very good and was mostly shore based which is nice easy diving.
the property i was looking at looks like it would have all you would need, shops, places to eat etc.
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Hi RJW,
If you feel happy about the project then go for it. I have made my views clear on Marsa Alam on this thread but its a personal choice.
On this forum there are numerous comments on other investment areas such as Hurghada, Sahl Hasheesh, El Gouna, Sharm el Sheikh, Gamsha Bay etc
I would suggest you read all these as it is your first investment before you jump into any particular area.
Regards
Westmids33