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Old 06-03-2008, 01:47 AM
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Home Buy Overseas Home Buy Overseas is offline
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i agree with peter/
hurghada with el gouna isn't the best comparison as they both have different offerings not just on price but on many other factors

having seen the two .personally I prefer Hurghada as I feel that el gouna is rather insular , more akin to an all inclusive resort.. i for one prefer the interaction with local people, people trying the old tricks to promote and keep their businesses afloat. Having said that, equally there are people who prefer what el gouna and other resorts similar have to offer. i refer to a recent visit to port el kantaoui in tunisia, compared with sousse, they are worlds apart.

only time will tell on how these places fair investment wise, but i think once a resale market is established, investors at all levels should see good returns for their money. on the other hand, like a couple we met, they are purely buying for there own use and to rent to family and friends. they are going to get much more than financial return and this was measured by the apparant smiles on their faces when they were showing us round.. their apartment looked great and we were a little envious.

Last edited by Home Buy Overseas; 06-03-2008 at 01:51 AM.
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