Having invested several times off plan,pre launch in various countries before i was yet to experience this hike in cost to such a high percentage and loss of its sales pitch = sea views!
It you are building/selling quality do that from the off. To offer 21k 30 square metre studios internationally a major communication problem has happened. Wheather the agents are to blame for sales or developer for allowing it you decide?
Personally i still have faith in the bullish economy of Egypt and investing in the square metres as much as a holiday apartment.
My concerns will be approached during contract stage and the Air con offer.
1) Can a 5 star resort get 5 star status if nobody/some or a high percentage of apartments dont have air con......Mr 5/4 stars says no.
2) How will it be fitted at a later stage/construction/deconstruction/positioning of units?