[redangel7861]

What type of capital appreciation do people expect in Hurghada in the next 5 to 6 years. I believe the following will have an impact:

1. The introduction of Mortgages - we have already seen certain developers are now offering mortgages to prospective purchasers. In Egypt this is in it's infancy but is about to take off in terms of availability. Countries which have seen the introduction of mortgages have seen significant increase in property values as properties become more attainable. This should be no different for Hurghada.

2. The increase of low cost carriers to Hurghada. This will be inevitable as demand grows for Hurghada.

3. Location of property. Anything on beach front should see significant capital appreciation along with other quality developments. Although in my opinion, smaller, quality five star developments should see greater appreciation than the super resorts, just because the larger resorts will have more choice and less exclusivity than the smaller 5 star quality resort, which in my opinion will be more exclusive. Having too little of a good thing is always better than having too much, hence the exit strategy on the smaller quality beach front resort will be better than a larger super resort, just because of the demand and supply issue.

Again all comments and opinions are welcome