Property overseas: Buying at a discount - Telegraph
"He cites frontline beach apartments at Hania Beach in the Egyptian resort of Hurghada as an example. "You can currently buy for £700 per square metre where most similar local developments in a similar location are charging £950-£1,100. The trick is to register to get the pre-launch price as a fully refundable deposit. Then, when due diligence such as planning permission and final plans are available, you are safe to commit.""