Quote:
Originally Posted by lsab
Sorry Crombiestone, most of the people on this forum without a doubt are individuals buying appartments for their own use and hoping to make some money from renting too. There's a lot now wanting to sell up in the UK and move to HUrghada. There's some, like myself and my husband who are hoping to make some money in a few years time. There are few agents. And of all those that I mentioned, does their opinion not count because they're hoping to make a financial gain?
Honestly I would love to be able to afford to buy in El Gouna and I'm hoping that we may be able to do that one day - maybe via the property we're buying elsewhere.
I, and lots of others, do frequent other forums. I came to this one via the one you mentioned as they have very little to say about Egypt and kept deleting the threads that I was originally interested in. They also deleted my post when I mentioned that TotallyProperty was very active with regard to Egypt. 
It is your opinion that Hurghada is a passing fad, you're entitled to your opinion, but aren't we entitled to ours too? Hurghada is obviously a different kettle of fish to El Gouna or Sahl and not all of us can afford to buy property there - not all of us want to! (Though I belong in the former group, not the latter  )
P.S. Please take this in the spirit in which I intended - I'm really not being sarcastic or trying to cause offence. |
I didnt detect the sarcasm but with you as a moderator I do find your post surprising. I only want to give a less "rose tinted" view .
There is so much hype about the arera . The big boys have moved in ,they will quickly make their money and be gone as quick as they came . Its not as if I'm doing this because I dont like Egypt and dont want property there . I thought as someone with over 20 years of travelling to Egypt and as someone who knows the area ,my opion might count for something .
Some will not want to listen ,some will . I have my opion which I believe in .I have always said Egypt is a great place to buy in and still say so .
Do I think it will become mainstream and have a big resale market once the novelty wears off ?
No I do not.