Quote:
Originally Posted by Peter Mitry
Red there are arguments for and against. The bottom line is that Investors who choose resorts like El Gouna or Sahl would probably not invest in downtown Hurghada so the two propositions are entirely different. Likewise there are many who don't have the budget for the bigger resorts who will be very happy with Hurghada....
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Peter my point is on the super resorts when you attempt to sell you are normally competeing with many other similar apartments. On the smaller development you have less supply hence the exist strategy is usually better.
I suppose it all depends on the reason for purchasing ie. for life style reasons I suppose the larger resorts are better, for investment and a quicker capital appreciation maybe the smaller high quality resorts are better.