I am considering buying an appartment (1 bed, 55m) in Egypt for £20,000 within a so called up and coming resort called Zafarana, on the Red sea coast. I would hope that this invrestment would offer both a strong rental yeild and capital growth, as all agents appear to be indicating. Some are quoting apprciation of 20 - 25% next year, which I am sceptical about. However, I would consider half that to be a good return. I am not concerened about gearing as the property will be finnaced by unsecured loan, therefore 100% financed. Previous posts on this forum have focussed on legal problems however I have read that these have only particularly been a problem in the areas of historical interest. My largest concern is regarding over supply of similar property. However, I am thinking that to buy now would be getting in early and to use the Black Sea Coast as an example despite current concerns of oversupply, if you had bought 4-5 years ago, a very good return would have been made on the investment. I would really appreciate any experiences or thoughts that members may have on my plans as the prime reason for purchase is investment.