50k for a 100 square meter apartment on the beach front line in a 5 star resort with all the facillities you could expect from a 5 star hotel including marina diving centre 10 minutes from elgouna is exspenive to what compared with the rest of hurghada it is very reasonably priced but if you want to buy something in a built up area where you can phisically touch the apartment block next you , where all you hear is car horns all through the night and loud music keeping in mind that just becuase it is cheap does not mean it will be a good investment becuase you will never be able to rent it out and you will never sell it it will just be a false economy however you can get a very good 100 square meter apartment with 2 bedrooms and 2 bathrooms for 30k but not on the beach in the touristic centre the term value for money applies to the person who is spending the money people have differant requirments and needs some people like to drive exspensive cars its there money but some prefere something not so expensive and maybe if it breaks down the parts will be very expensive it is always a good idea to look at the bigger picture or a least do your home work and find out exactly what 50 k will get you you can but in mubark 6/7 for 60k this is not on the beach and the facillities for water electric can be so bad that you can not stay there so in my opinion 50k for this is reasonablly priced ok its not cheap but if you want to rent or sell it then it will of course be a good investment you can see pictures of this resort at property hotspots worldwide
thank you alison