Have to agree with "Yield" that £50K does sound a bit steep for a 1 bedroom. I can see there is lots of added value to the resort covered but it does not seem to give "best value" compared to other places around Hurghada.
You certainly do NOT get what you pay for in some of the more "upmarket" developments, but it has to be said some people never really understand the term value for money, otherwise why would anyone ever buy a luxury car costing twice the price of a VW for example.

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