Capital Appreciation in Hurghada

[Home Buy Overseas]

Originally Posted by dave99

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How much do you think is a "GOOD" return ?

it has to be more than 6% since you can get this in an ISA in the UK - no risk.

But how do you compare the risk to the return, and time involved in buying and selling.

I think that someone who is looking to use their apartment at least 8 to 10 weeks a year would be looking for something around 10% pa after costs - say over 3 to 5 years, and that is very possible.

Anyone looking for a quick 20% plus return over a short period say 6 months, who never has any wish to use is on a bit more of a stick wicket, without a guarenteed buy back within this time frame, which is possible but not very likely.

Something in between, maybe 25% over 1 year is also possible, but still very risky unless it is in one of the HIGH PROFILE developments, and I think that these are also high risk if the marketing stalls, or the development runs into other problems, UNLESS you beleive you are on the "inside" of the pre-launch deals, and they do exist.

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hi nigel.. just come back from hurghada and went through and purchased at coral sea pearl.. looks like it will become a well established complex with desert pearl 1 and 2 ajoining it.. i am hopeful for a good return and should be a lot better than an isa ... hope ure development is going well .. and thanks for previous help and advice

[wemyss1960]

£3000 cash per annum is the current ISA limit.

[Home Buy Overseas]

Originally Posted by wemyss1960

£3000 cash per annum is the current ISA limit.

do you arrange overseas mortgages..

we need to raise around 35k to purchase a 1 bed in hurghada..

we have a house and will have a cash investment in hurghada as we have already bought a studio there!!