View Single Post
  #13  
Old 21-04-2008, 09:00 PM
richie83 richie83 is offline
Active Member
 
Join Date: Apr 2008
Posts: 29
Default

Quote:
Originally Posted by dxbobserver View Post
I have got a unit there. Exactly as another investor mentioned, the risk/reward ratio is good in Al Marjan I think + the private beach factor in pacific is a bonous.

I went for the standard payment though - somehow didn't like the idea of paying interest upfront! hope I haven't made a mistake
i wouldn't say you have made a mistake, it just depends on individual circumstances and finances. i personally went for the lengthy payment plan since i didnt want to put too much money in as i plan to sell before completion. even though there is interest involved it doesnt amount to too much during the build, so hopefully in a couple of years i will see enough appreciation in value to cover the interest and make a tidy profit.
Reply With Quote