Quote:
Originally Posted by sharkboy
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?
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SharkBoy,
As an experienced investor you should then know that many worldwide 5 star resorts offer AC as an additional cost. You should also know that all apartments are pre-installed with the the relevant AC plumbing and pipes in place, all you need to do is pay for the AC units themselves, which are easily fitted to the apartments after completion.
Regards
RED