Quote:
Originally Posted by Roshan
All depends on what your exit strategy is and what is your capacity to hold on. La Hoya is a long term investment and will take some time to actually bloom.
Once it comes fully into the market, there should be some good returns on your property.
Hold on... would be my advice.
Regards
Roshan
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hi roshan, just wondering how long you think it will take to establish a strong resale market in RAK and for al marjan island? i personally havent invested in LHB, but have done in Pacific (select property), and is my first property investment. completion due date is more than 3yrs away, so my idea is to hold on to my property for at least 2-2.5 yrs, and then sell. should be enough time for the new buyer to see good capital appreciation still. what do you think?