Quote:
Originally Posted by redangel7861
Again all opinons are welcome.
My logic behind 2 studio apartments is that as an exit strategy they may be easier to rent and sell. I also believe that 2 studio flats may appreciate faster than a 2 bed apartment. If a studio doubles from say £25,000 to £50,000 you will still have buyers. If a 2 bed doubles from £50,000 to £100,000 how many people will be willing to pay that price.
Again I'm looking at this strictly from an investment point of view and not lifestyle view ie. second home.
Again all opinions are valued and welcome.
Regards
Red
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Absolutely correct two lots of capital gains plus what if you needed to release some money you could always sell one and continue with the other. I have had clients buy two apartments next to each other and have asked the builders to put in connecting doors like in hotel rooms. Not yet in Egypt though, that is worth thinking about for family rentals. Although initially remember you will have two furniture packs, two lots of buying costs, two annual maint etc... I do think it would be better in the long term though. Hope that helps.