Quote:
Originally Posted by amzee
hey guys,
just got home from work and then off to the gym!! (useful information hey!!)
George/Linda/Neil - Thank you once again for advising me on this, i will point my gf to this link as it will confirm what i said to her regarding that its much better to spend that little bit more and stay in hurgadah than do one day trips.....
what i meant regarding 350 and 450 was that sharm is flights plus accomodation - 450 but hurgadah are comming to 350 alone for flights!! but some agencies are saying that if im potentially investing then they will subsidise a trip for me.....so that may solve a slight cash flow problem :-)
ok, so i have been doing a lot of research today and i have been told that there is another resort which is launching in about a month called Ancient Sands.....
i was told that this will be in El Gouna and is an 'exclusive' resort - i dont know what they mean by that.....is it worthwile investing in?
I have been doing some research and have found that there are mixed reviews about investing in El Gouna as prices arent booming anymore, and that they (apartments) aretoo expensive... etc etc also some people are having a lot of trouble re-selling property....there are too many parties every friday and monday.....(not a bad thing)
does anyone know about this development? or what starting prices etc are?
my thinking is that (with any resort/development) as long as you have something that is beach/lagoon views next to ameneties and got in at the first Phase etc then you should have a good entry and exit strategy and also great investment?!? i also may think about renting it out on a week-by-week basis to holiday makers......
thanks once again and please advise whenever you guys gt a moment.
George, got your email and will review with my sister when she gets home..
Linda will reply to your PM a when i get back from gym....
thanks once again :-)
Amit
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Dear Amit,
prices in El Gouna Already Boomed yes that is correct and to have something withing your budget is not that easy, plus you can wait till you come here and see if you like it or not as in my opinion and others can fit some and can't fit others but Sure El Gouna is Good but every one of us has his own way, do if you realy want a high return on your investment should be Shal Hasheesh.
Regards
George