Quote:
Originally Posted by The Smart Money
Purely from an investment point of view which developments in either Sahl or Hurghada (Built or nearing completion) in your opinion offer the best returns in terms of:
a) Highest Yield % and/or Longest Rental Guarantee
b) Lowest entry prices (preferably with a developers mortgage/loan)
p.s. I am only interested in complete or almost complete developments which could provide a cashflow positive return from day one.
any investment advice  , wisdom  or even biased opinions  would be greatly appreciated.
kind regards
Steve |
The only safe way to "INVEST" with no thought of own use would be the guarenteed route, everything else is going to be subject to same economic condition as the rest of world.
Sahl Hasheesh is certainly the nicest place in or around Hurghada at this point in time, but that is of almost of no consequence if you have a good contract with the guarentee that you need, including even a buy back option. If you are doing any of your own rentals then that's abit different.
I find it interesting that if these places are such a good deal for rental why would the owner want to sell the units in the first place. !!!
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