Quote:
Originally Posted by jeremy bright
yes looking around on google there are all the same names still up there for sale and some have the nerve to have put up there prices like the village and is not the best place around have put up prices a good bit a one bed now is £27.500 but last year was £19.950
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Hi Selling off-plan seems to work in Hurghada - even when there is nothing but a hole in the ground - the pricing is a reflection of the initial risk as much as a more realistic price.
I assume that most developments sell the initial apartments at a discount to get sales moving, but by the time they are almost finished there will only be a few units left, if any.
Currently the market is still working for off-plan selling.
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