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Old 02-10-2008, 02:56 PM
andyk2 andyk2 is offline
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Join Date: Nov 2006
Posts: 197
Default Cairo

Quote:
Originally Posted by DubaiDMC View Post
what are peoples thought on this development?

Thanks
I see that Property Showrooms are starting to list the Hyde Park properties on their web site. Is it true that a Cairo apartment starts from Ģ44.000? Looks that way.

According to the Global Property Guide, rental yields in Cairo are in double figures, thereis low tax on income from rents, no CGT and Damac and Emaar are building there - must be good (this is not sarcastic).

I like it - think itīs good value. Anybody care to offer an alternative point of view?

Happy investing

Andy
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