Hi Zeiad as an International Property broker I am about to begin doing business with Sharm el Sheik Real Estate and will be sending clients out from the UK. In the UK when someone buys a leasehold property the lease is often renewed for another term at no cost. Reading your reply in an earlier post it would seem that this is not the case in Sharm. Presumably this means that the value of the lease must decrease as time passes?
Peter
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