Just to clarify. I am not looking for rental returns in Egypt but for capital appreciation.
I believe people who have purchased in the smaller, five star beach front developments
will do well. Purchasing on the super resorts will make it difficult with regards to exist strategy. Larger resorts also take longer to establish themselves. I suppose it all depends on life style issues, ie. are you purchasing for investment or for a second home.
I am purchasing for the former, and even though Egypt is a beautiful country I simply see it as an investment opportunity with a five year strategy.
Regards
Red
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