Quote:
Originally Posted by dave2u
With the thousands of apartments coming online in the next few years in Sahl Hasheesh ,hurghada town and on the road to el gouna plus the dozens and dozens of new hotels will this drive down rentals. as competion grows for beds in he self catering market in hurghada and the 5 star beach front hotels offer fantastic all inclusive deals to compete with Sahl Hasheesh will investors struggle see any return on there investment
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my good lady wife and i are purchasing a studio apartment in the coral sea pearl complex. i have plumped for this because of its good location its a good price and it offers us as inexperienced purchasers a foot on the ladder and rental potential.
with other complexes on the go at the moment there such as lotus breeze hurghada village paradise hills , i have two questions
1. how do you think my complex rates against the others i have mentioned?
2. what potential do you think there would be for other low end developments to enter the market as i would like to think i could afford to buy another??