S G emailed in this article from Channel 4, worth reading in full, but just to whet your appetite...
In war-torn Gaza, 'Location, Location, Location' means finding an apartment in one of the highly sought-after areas that are usually not shelled or hit by missiles.
Reporter Seyi Rhodes and producer Daniel Bogado... meet Essam Mortja, an estate agent and property developer who says his property business is booming. He shows them some of the glitzy properties he's helped sell at prices of up to US $3 million.
Property prices for luxury villas and apartments in elite areas like El Remal are on par with London and New York. The area is right by the sea and has stunning views, but there's one other reason why the prices are so high. It's where the UN building is located, which means Israeli planes are less likely to bomb the area.
Saturday, 27 April 2013
"Gaza's Property Ladder"
My latest blogpost: "Gaza's Property Ladder"Tweet this! Posted by Mark Wadsworth at 16:31
Labels: Gaza Strip, Residential Land Values
Subscribe to:
Post Comments (Atom)
1 comments:
Israel just bought lots of Small diameter bombs..
Perfect for jihadi busting near Useless Numpty buildings.
Post a Comment