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Old 17-04-2008, 12:23 AM
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Peter Mitry Peter Mitry is offline
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The resale market is in its infancy; there is so much available off plan at the moment. My view of the market in the Red Sea area is that you should consider holding your investment for at least five years. In this time the market will become more mature, property values will rise and those who have bought in good locations will reap the rewards. My personal preference is front line beach; I would never buy anywhere else for investment.
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