Egypt Property

Egypt Property

Red Sea Property in Egypt

Some would consider a Red Sea property to have limited potential, but our twelve months worth of painstaking research into this country has provided us with a very positive view of buying a property in Egypt.

Yes, the new property market in Egypt can still be considered as emerging, but it is a market that has all the right factors in place to sustain long-term success and is certain to see strong price-gains in the not-too-distant future, making an investment property in Egypt a prudent and shrewd move.

Thanks to Egypt’s flourishing tourist industry, a Red Sea property is also a sound investment, although this may seem to fly in the face of public opinion. The Red Sea alone attracts up to five million visitors a year and has experienced an annual increase in property prices of up to 30%.

Although this figure fell by a quarter at the start of the Iraq War, it seemed to recover without even drawing a breath and thanks to heavy discounts and seemingly more courageous travellers, the five million figure has now been exceeded. By 2011, the figure for international arrivals is predicted to be around 13.4 million. Egypt’s tourism is its premier foreign currency generator, earning about billion per annum.

Currently, property prices in Egypt are incredibly low but the persistence of its tourist economy indicates that they will rise sharply in certain areas. Thanks to our diligence and research, we have secured stakes in many of these potential hot-spots and can now make them available to our clients who can take advantage of the current market prices and optimise returns on their investments for years to come.

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Egypt Property-An Investors Guide to Egypt

An Investors Guide to Egypt

Egypt, land of Pyramids and Pharos, straddles the Mediterranean and Red Seas, linking Africa, Europe, the Middle East, south Asia. Four times the size of the UK, it has borders with Libya, Sudan, the Gaza Strip, Israel and Jordan, and faces Saudi Arabia across the Gulf of Aqaba.

The strategically important Suez Canal is to the north, running between Suez and Port Said, while the Red Sea tourist resort of Sharm al-Skeikh is in the far south.

Much of the country in between is desert and only 4 per cent of the land is cultivated, mainly adjacent to the 1,000 mile long Nile and the Nile Delta.

The Foreign Office reports that Egypt is hot and dry in the summer, mild in the winter with rainfall increasing nearer the coastlines. Temperatures increase southwards, and on average, these vary between 22 and 37 degrees Centigrade in the summer and 9 and 19 degrees Centigrade in the winter.

Politically stable, in that President Mubarak has been in power since 1981, Egypt is not known for its political freedom and has recently introduced more stringent anti-terrorism legislation.

Under President Mubarak the country has achieved healthy economic growth and is currently around 7 per cent. Even so, despite earnings from its canal, agriculture and service industries such as tourism, the country is dependent on imports and has a budget deficit. Inflation is running at close to 9 per cent.

Egypt is a signatory to all the major UN human rights conventions. But the Foreign Offices says one of the key human rights concerns in Egypt is the widespread mistreatment of detainees and use of torture in police stations, especially in cases involving political detainees although ‘the government has taken some steps to address the problem’.

The Foreign Office also warns that there is a high threat from terrorism in Egypt. ‘Attacks can be indiscriminate and against civilian targets, including places frequented by foreigners’.

There has recently been a strengthening of security measures, including around popular tourist areas.

British visitors (there were just over 1m in 2006), require visas. These can be obtained from an Egyptian Consulate outside Egypt or on arrival for stays of up to a month. Applications for visa extensions should be made at Egyptian Passport and Immigration Offices.

Although there is no limit to the amount of sterling that can be taken into Egypt (larger sums should be declared on arrival) there is a limit of 5,000 Egyptian pounds on the maximum local currency that can be taken out.

According to the Foreign Office, some of the British nationals who have purchased land in Egypt have encountered problems. In parts of Egypt and increasingly, in the area of the West Bank in Luxor, land tenure rights can be restricted by local legislation.

‘If you intend to purchase a property in Egypt we strongly advise you to engage a local lawyer’, says the Foreign Office. ‘It is important that your lawyer obtains an extract from the local land registry to satisfy you that the property or land in question is formally registered. You should again seek legal advice before entering into any contract. Don’t sign anything that you do not understand’.

A list of English speaking lawyers and of translators is available from the British Embassy in Cairo.

Property buyers are also warned that the Egyptian land registry is liable to be out of date or incomplete – although the main cities and resort towns tend to have more reliable records.

Special rules apply, however, in Sharm el Sheikh which limited property rights to a maximum of 99 years. In other areas of Egypt it is still possible to buy freehold properties.

British and other EU nationals travelling to Sharm El Sheikh or Taba resorts for up to 14 days do not require a visa prior to travel – they will receive an entry permission stamp upon arrival. However, foreign property owners in Egyptian must have residency.

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Egypt Property

Overseas Property for Sale ? Egypt Has it All

If you’re looking for an overseas property for sale, Egypt is the country of choice for investors, as investors are benefiting from high returns from both rental yield and capital growth.

Property Investments

In recent years Egypt has started to attract an increasing numbers of visitors and property buyers alike. Apart from the resorts, the majority of property investments are taking place in the major cities, such as Cairo and Alexandria, and the major cities are currently attracting as much as 25% annual capital growth.

When you’re looking for property for sale, Egypt offers old properties, new builds, and off-plans. When buying off-plans (buildings not yet built, and the sale is based on the plans of the building) you get the opportunity to reserve your property at around 30% below market value. The reason properties are offered at a reduced price is to attract individuals who are in no hurry to take occupation, but realise the significant savings of early purchasing. Buy–to–let investors can hope to achieve good rental yields from a well–located property as the climate in Egypt supports a year–round tourism industry. If you’re a looking for a commercial property for sale, Egypt is an attractive location for shopping mall developers, as the total number of malls in the country is relatively low for a population of 72 million.

Tourism

Egypt is a vast and wonderful country and is synonymous with pyramids, Pharaohs, and temples. Egypt is an unmissable destination and it remains one of the world’s most fascinating travel experiences. Throughout history it has attracted many famous travellers, archaeologists, treasure hunters and, more recently, sightseers wishing to see the famous sites of ancient Thebes, Aswan and Cairo. Egypt is also a hotspot for divers as the water is warm, there are beautiful coral reefs that are home to an abundance of colourful sea life, and there are several ship wrecks to discover.

Remember that Egypt is a conservative society, and visitors should respect local customs and sensitivities, and dress modestly. For women especially, the wearing of long skirts or loose fitting trousers, and shoulders covered, discourages physical and verbal attention.

Geography

Egypt is bordered to the north by the Mediterranean, to the south by Sudan, to the west by Libya, and to the east by the Red Sea and Israel. Egypt is in the arid desert belt and it is very hot in the summertime and cool at night. In the wintertime it is warm during the day but cold at night. Most of the country is covered by desert, except in the valley of the Nile River where 95% of the population lives.

Conclusion

Egypt is growing both in the tourist market and the property market. Investors looking for a low risk place in which to invest their money would be wise to seriously consider Egypt. Once people realise that Egypt is more than just history and culture, the Egyptian property market will really escalate, and when that happens, investors who have bought into the property market early are certain to make a very good return on their low risk investment. The crucial point when purchasing a property in Egypt is to find the right property in the right location and getting it at the lowest price possible. When such a purchase is based on careful research and advice, your property can provide you with a secure and profitable investment. So when you’re looking for an overseas property for sale, Egypt can offer you many benefits and rewards.

Worldwide Destinations specialise in Egyptian Property in the Hurghada and Sahl Hasheesh area of Egypt. This Video shows 3 developments, Sunset Pearl, Isis Pearl and The Red Sea Pearl

Egypt Property-Investment Property in Egypt

Investment Property in Egypt

Egypt marvels at its historical significance in shaping the destinys of modern countries. With natural wonders, like The Pyramids, as its jewel in the Egyptian crown, the country basks in the glory of the world’s longest river The Nile. With historic architectural marvels in the country inspiring the modern architects and designers from all over the world, the Egyptian real estate market is destined for massive growth.

Though a Muslim country, this North African nation is more advanced than most of the traditional Muslim countries, and it is this contemporary modern outlook of the nation that attracts property investors from all nationalities and international business houses as well as individuals investors.

Buying Property in Egypt

For quite some time now, Egypt has struggled to find its feet in the vast global real estate market. This has been largely due to lax governments in the countries recent past that failed to realize the tourism potential of the country, nor did they pay attention to developing the investment friendly infrastructure of the country. But things are changing for the better thanks to the recent government initiatives aimed at attracting maximum tourism exposure for the country.

To this end, peace and political stability are the biggest platform from which the Egyptian government plans to launch an aggressive marketing campaign to lure serious real estate and property investments in the country. Egypt has largely remained unaffected by the influence of Islamic fundamentalism that have caused problems for many of the beautiful Islamic countries throughout the Asian continent and now is enjoying a steady increase in its economic development.

In order to reap maximum benefit from the changed global order, the Egyptian government has chosen the path of development through friendly relations with developed countries, like America and the UK. This has resulted in large scale investment queries from several European countries. The Brits particularly like the metropolitan lifestyle of certain cities, like the capital city of Cairo, and the similar culture and traditions due to the country’s close proximity to Europe.

The government has also relaxed several rules governing the ownership of real estate and property by foreigners in the country. This has attracted the interest of global real estate players like Dubai’s EMAAR and DAMAC groups that are developing major residential townships in the cities of Cairo, Hurghada, and the Gamsha Bay. These townships are expected to bring in lots of investment to the region from every segment of investor. Primarily residential townships, the commercial and industrial aspect from the rising demand cannot be ignored. Thus, there’s room for every investor in Egypt!

In addition, the government is also working towards making Egypt one of the top tourist destinations in the world by 2011. The all-round efforts by the government are visible from the collaboration of Egyptian government with the World Travel and Tourism Council (WTTC).

The best places to invest in Egypt include the coastal resort towns of Alexandria, El Alamein, Ain Soukhna, Sharm el Sheikh, El Gouna, Safaga, and Marsa Alam. You can also look forward to owning 5-star luxury apartments at Hurghada for anywhere between £15K to £25K.

Why Invest in Property in Egypt?

Besides the above-stated factors, there are many other reasons for a property investor to seriously consider investing in the land of Pyramids:

The Mediterranean Sea and Red Sea assure that the coastal lifestyle in Egypt is never short of thrill and adventure. Miles of pristine beaches assure that the place is always bubbling with tourists. Red Sea Riviera represents hundreds of miles of unspoilt desert coastline dotted with a few upmarket resorts. And resultantly, the rental income from resort property is too lucrative for any investor to ignore.

The economy of Egypt is on the upswing thanks to the sustained government efforts. This stability and growth creates a feel-good factor about the country’s overall growth potential that drives the real estate investment in Egypt.

The country’s climate has everything to lure any would be investor who is looking for a positive return on their investment or a relaxed retired lifestyle enjoying sun during most part of the year.

If you are looking for a business investment property in Egypt, there’s good news! The government is placing immense importance to the Foreign Direct Investment (FDI) and has elaborate plans in place to welcome offshore business houses looking to take advantage of lower standards of taxation in Egypt.

The proximity to Europe ensures cheap regular flights to and from the country to the major European capitals and other international cities.

The country has some of the best hotel chains in the region. The hospitality of Egypt is also one of the highlights for potential investors in the country.

Egypt has no dearth of luxury villas and mansions, if that is what you are looking for. In fact, if you can afford, these luxury properties then it is certainly worth consideration as the can be secured for a comparatively low cost of investment. And considering the high earning potential of property in Egypt, your investment is sure to give maximum return whenever you decide to sell the property.

Egypt Property

Red Sea Property One of Greatest Investments Around

Red Sea property is one of the great investment opportunities of our age. This is because of a perfect storm of converging factors, which would be far less important on their own, but, viewed for their combined effect are massive:
 
These factors are the low price of Red Sea property compared to that of other similar areas, the fact that most of the region is protected, so space for development is limited, and the fact that the red Sea region of Egypt is one of the fastest growing tourism destinations in the world. This means that people can buy Red Sea property now, when the market is young, and watch prices and rental yields grow as demand continually outpaces supply of both rental and for sale properties.
 
Further factors are converging to make this a time sensitive opportunity: the credit crunch has massively reduced people’s spending power, and the strength of the Euro has made Eurozone destinations even more expensive to buy property and holiday.
 
Red Sea resorts bring forward the best opportunity. Resort development in the Red Sea area is a fairly new thing, and as a result buyers are currently being offered off plan opportunities. As with any off plan sale, especially in an emerging market like Egypt, these are currently being sold at a true discount to their market value — with the addition of the word true because of the current below market value opportunities that are simply below the 2007 market value.
 
This gives people the opportunity to buy into something that can only rise in value, and annual yields. Firstly it will rise in value when the resort is completed and ready for use, at which point the property will be worth its true market value because the risk is gone. Then it will continue to grow in value as development land runs out. Yields, which are always higher on resort properties let to holiday makers, will also grow as the number of tourists outgrows the number of hotel rooms.
 
Red Sea property is currently also seeing increased demand as a result of the levels of research today’s property buyer is conducting:
 
Because of the numbers of people who lost thousands of pounds buying overseas property for various reasons; today’s buyer is no longer buying on the strength of anyone’s word or the virtue of anyone’s character. They are not only researching on the internet, and making phone-calls but going to the country knocking on doors and visiting building sites. This level of research pretty much eradicates as much risk as possible, meaning that Red Sea property is no more risky than that of an established market to today’s buyer.

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Egypt Property

2010 Looking Like a Good Year for Egypt Real Estate

2010 is shaping up to be a very good year for the Egyptian property market, with a large number of agents reporting substantial increases in sales in the first part of January. Overseas property analysts had predicted that 2010 would be a good year, and that sales would start increasing rapidly from the middle of February. However, no one could have predicted the immediate flurry of sales for Egypt real estate, all of which bodes well for the market in 2010.
 
Analysts have of course, analysed the surge in activity and say it is because of one of two reasons, but more likely it is a combination of the two:
 
Some analysts believe Egyptian property market has seen such rapid sales because the credit crunch has reduced people’s buying power, with many people forced to buy with cash because they are unable to get credit, thus making Egypt real estate a favourite because of the low property prices in the country.
 
Others belief that the flurry of sales comes from the level of research being conducted by today’s overseas property buyer; they say that the sales being completed today are from those who concluded their research either just before, or during the Christmas break, who waited till after the break to snap up their carefully chosen properties. The truth is that neither is right or wrong, in reality it is likely a bit of both.
 
It is true that international credit markets are severely restricted compared to the boom times. Whereas in 2007 many — if not most — people could secure 100 or 200 thousand pound mortgages to buy a second home, with their first home as security, now, those lucky enough to be able to secure finance will be looking at receiving a considerably smaller amount.
 
Egyptian property offers some of the lowest prices and the best value for money in the world of overseas property — for those who know where to look. So of course it is going to become popular with those investors with an eye on value for money.
 
However, in 2007 Egypt was considered a high risk market, but with the level of research the current buyer is conducting risk can be minimised. Therefore no market is really high risk, and this is also undoubtedly playing its part in the current rush of property purchases.
 
If this strong start to the year continues, and there is nothing to suggest it won’t, then 2010 is indeed going to be a very good year for the overseas property industry. This is especially true for the short-haul low budget hot spots like Egypt, where natural infrastructure such as the beautiful Red Sea is a consistent attraction for millions of tourists worldwide.

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Egypt Property-Property and Real Estate Investment in Egypt

Property and Real Estate Investment in Egypt

The main reasons Egypt is so popular with property investors are its stable economy and comfortable standard of living. At present the price of property in Egypt is still within the means of many buyers, however as prospective investors realize the countries potential these prices are anticipated to grow rapidly.

Seen as an emerging property market, Egypt real estate and property have already demonstrated strong returns for those who invested early, some have reached 20-30% per year depending on the area. The government has stepped up its promotion of the country and is dedicated to modernizing Egypt’s communications and transportation networks in preparation for the arrival of visitors to the country.

The popular Red Sea coastal resorts and main cities of Cairo, Luxor and Alexandria have received the main attention from overseas property investors. Various development projects are underway or have already been completed in the coastal resort regions. Due to this there has been an increase in tourism leading to a significant boost in demand for property in Hurghada, Sharm El Sheikh, El Gouna and Marsa Alam.

What has caused Egypt to become more popular during the last few years? Generally, people are drawn here for its interesting and exotic culture and traditions, yet it also manages to be modern in its provision of amenities. Egypt has the advantage of being just a short flight away from most major European cities, it can offer the ideal climate, has a stunning coastline and a broad range of activities and sights. Currently the country has a healthy economy and the government is energetic in its promotion of the country to tourists and visitors, these are just some of the basic ingredients needed for investors looking for long term returns from property in Egypt.

The success of a country like Egypt is reliant upon the tourist industry, as more visitors see the advantages of travelling here then things can only get better. In particular, property prices remain low in comparison to other European property hotspots such as Italy and Spain. These low prices, coupled with the increasing prices of other major European holiday destinations due to currency fluctuations, have ensured that an increasing number of overseas tourists will be travelling to Egypt in the months to come.

As Egypt receives more visitors each year, the demand for short term holiday rentals increases and with a year round warm climate the continual holiday rental is also positive. Budget airlines have already organized flights to the Mediterranean and Red Sea resorts, minimizing the time the journey takes and the cost. There are regular flights operated by British Airways and Egypt Air between Heathrow and Cairo International Airport where a connecting internal flight can then be taken to the coastal resorts of Sharm el Sheikh, Marsa Alam, Hurghada and Taba.

The investment opportunities for Egypt real estate are encouraging in the long term, for anyone considering investing in property here then this is a perfect time to make a move. The Egyptian government is promoting the country to overseas investors through tax breaks and a simplified purchasing procedure. Labour costs in Egypt are low, tourists are arriving in their thousands every week looking for rented accommodation, and the standard of living is improving within the country.

Long-established home buying destinations, such as Spain and Turkey have been the leading destinations for property investment for many years but they are fast being overtaken in favour of Egypt. As Egyptian resorts continue to provide excellent amenities and the number of visitor’s increases the potential for rental returns is high.

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Egypt Property

Why Invest in Egypt? Hurghada Red Sea Investment

Why should you invest in Egypt’s property? Investment property in Egypt is becomming more and more popular as property investors today are considering investment in Egypt as an attractive market for a stable investment with ideal growth rates and high capital return compared to other markets. Egypt today offers a solid economic climate in which to invest. Egypt also an emerging property market in key tourist locations and already offering excellent returns on investment and shrewd investors are eager to get involved, while prices remain stunningly low increasing interest in investment property in Egypt.

Do you know that: The World Bank chose Egypt as the sixth country among top 10 countries all over the world to apply the economic reforms in 2007. The UN Conference on Trade and Development’s World Investment Report, Egypt was ranked the second largest country in attracting foreign investment in Africa. Growth Domestic Product (GDP) in Egypt has risen for the first time to 7.1% in 2006. Cairo & Alexandria Stock Exchange is considered among the best ten emerging markets in the world. In 2005 Egypt issued a decree (number 548) assisting non-Egyptians to invest in the tourist sector by abolishing a number of red tape procedures and streamlining investment procedures, An uncomplicated tax system with no inheritance or capital gains tax for foreigners which added incentives to Egyptian property purchase. Factors affecting real estate investment attractivety in Egypt: Economic factors. Political factors. Natural and Cultural factors. General factors. 1. Economic Factors: Investment property in Egypt has been popularised due to Egypt’s economy undergoing steady growth and in the last quarter of 2005, the annual growth domestic product (GDP) in Egypt has risen for the first time to 7.1% in 2006 and inflation dropped dramatically from a huge 18.1% in 2004 to only 3.1% in 2006. Due to a number of economic reforms, private business has increased to represent some 80% of the economy today. Experts agree that the current economic climate should improve the economy of the country, create more opportunity for employment and domestic wealth growth, and increase the attraction of the country from an overseas investor’s point of view. With direct foreign investment continuously on the up, Egypt’s economy shows enormous potential over the long term because of the following:

Investment property Egypt sees property price returns of up to 30% per annum in some locations. Low cost of living and very low property prices. Strong economic growth in recent years (GDP 7.1% in 2006) Government reforms and incentives for foreign investment, making the property investment process easier than ever before. Strong growth in the tourist industry due to increased air services, modernization of amenities and luxury resorts under construction. Low Cost of Living The cost of living in Egypt is far lower than in most European countries. As a result, the cost of maintaining and managing your property is very low and it is small wonder that Egypt is also increasingly popular amongst foreign property purchasers.

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Egypt Property-All You Need to Know About Hurghada, Egypt

All You Need to Know About Hurghada, Egypt

Renowned for its pristine quality of service and style, and as an adobe for tourists, Hurghada has a preceding reputation of quality versus quantity.

Hurghada, also known as ‘Al Ghardagah’ by locals, is an Egyptian city and a popular tourist city.

Due to the fact that Hurghada is situated along the shores of the Red Sea, almost all developments are inevitably beachfront properties.

Hurghada lies on a promontory projecting into the sea, some 380 km to the south-east of Cairo. Once an isolated fishing village, Hurghada emerged as a key site early in the 20th century. From the 1980s, the city has expanded and flourished, and is now the leading resort along the Red Sea Coast.

Founded in the early 20th Century, Hurghada has been on a continuous growth spiral, so much so that Hurghada is now the leading resort destination along the Red Sea.

Presently, this former fisherman’s village hosts 40 000 inhabitants. Divided into three main parts, namely: El Dahar (the old district, downtown); Sekalla (the modern district) and El Korra Road (the most modern district), Hurghada has plenty to offer its visitors and residents. For example: Sekalla is where one would find relatively modest Hotel quarters, whereas El Dahar is where one would find the town’s largest bazaar, post office and bus station.

Property markets indicate that it is possible to fetch a luxury beachfront studio apartment in Hurghada for as little as £15 000, while a fully furnished turn-key apartment will have you looking at £20 000.

Stretching approximately 40km along the Red Sea coastline and not reaching too far into the desert, Hurghada is perfectly situated to enable a guarantee of luxurious relaxation at its best.

Many of Hurghada’s beach resorts are all-inclusive, self-contained entities that satisfy the visitor’s every need and desire. Amenities include discos, bars, playgrounds, swimming pools and small theatres.

Hurghada has its own international airport that receives many charter flights every day. Hurghada is well connected to Cairo and Luxor by bus. There are also ferries to and from the Sinai Peninsula.

Minibuses seat up to a dozen people, and are probably the cheapest means of intra-city travel.

Another option is car rental. Several international rental companies are represented in Hurghada.

Within Hurghada, public transport is good. Collective service taxis operate on a wide variety of routes. They are quicker than buses, and can depart (and arrive) at any given time.

Prices are on the increase, daily – as new developments are re-priced, on average, every quarter. The amounts of these quarterly-increases vary according to the exact locality of the development and the apartment position within the complex, but a ten per cent increase is the average quarter-hike for the best located development on the market.

Hurghada is known for its spectacular landscape, rich in canyons and mountains. The desert safari is a wonderful means of experiencing this colourful terrain. Several operators in Hurghada arrange such safaris, most of which last between 1 and 5 days. Participants may select from camels, horses, quads and 4×4 vehicles.

Hurghada Aquarium and Museum boasts a wide selection of Red Sea plants and animals. It is open from 8am to 8pm.
Remaining a popular holiday destination for residents of Cairo, the Delta and Upper Egypt, as well as gaining popularity as a package holiday destination for many European tourists (i.e. Russians, Germans, etc), Hurghada is on the rise in leaps and bounds.

Giftun Island provides a superb day outing for the whole family. Besides excellent snorkeling, one has the opportunity to view the Red Sea underworld from a submarine. The island is well populated with shops and boutiques, and there are also some interesting historical sites such as the Roman porphyry quarry remains.

El Gouna lies 20 km to the north of Hurghada. A purpose built leisure resort, it boasts a 10 km stretch of beachfront. Its water activity opportunities are excellent, and include facilities for water skiing, parasailing, snorkeling and windsurfing. For those who favour land-based activity, the 18-hole USPGA Golf Course offers a world-class game.

Safaga is slightly south of Hurghada. This port town comprises several tourist villages specializing in diving holidays, and is complete with outstanding hotels and seafood restaurants. The town’s clean sandy beaches and stiff sea breezes make it an ideal location for windsurfing.

Other nearby islands is Shaab el-Erg, Shaab Abu Ramada, Abu Minquar, Careless Reef and Shadwan Island. All offer excellent swimming and diving conditions.

Sharm El Naga is a village located 40 km south of Hurghada. Its beach boasts the most beautiful reef cliff in the region.
The Hurghada Casino, at the Hurghada International Resort and Casino, provides an alternative night on the town. Games on offer include Black Jack, Poker, Roulette and slot machines.

Hurghada is a true party town. The night clubs are concentrated along the same main street as the hotels and, although they attract mostly young people, there is entertainment enough for everyone.

Egypt Property

Property in Hurghada–property Investment Hotspot

It is to be known that the village of Hurghada was founded in 20th century. This Red Sea resort has been enlarged by American, European, and Arab investors since 1980. Holiday villages as well as top class hotels provide excellent marine sport facilities for sailboarders, scuba divers, and yachtsmen. This city provides a gateway to major diving sites throughout the Red Sea. In other words, Hurghada is known for providing right of entry for many unoccupied offshore reefs and islands.

It is difficult to find many other locations that evaluate to the value offered from Hurghada property, with beautiful locations and unbeatable prices. Bring property in Hurghada means buying some of the best price property that the global property Market has to offer. For residents as well as visitors, property in Hurghada is a great mixer of activities. With warm temperature throughout the winter, Hurghada is a terrific choice as an exciting but comfortable sunshine destination.

Property in Hurghada is one of the most exciting property investment hotspot in Egypt. This Egyptian resort is a hotspot for fantastic water sport as well as exciting nightlife. This city houses a nice tranquil relaxing environment to enjoy. Hurghada is an exciting tourist hotspot now a days. Charming climate, beautiful coastline with miles of sandy line beaches, and coral reefs have made Hurghada naturally evolve into a centre for marine sports. The area of Hurghada stretches from El Gouna in the north to Sahl Hasheesh in the south.

Hurghada is a great place for those considering Egyptian real estate. It is a leading red sea resort. Many properties coming with sea views, there is a wide range of property in Hurghada for sale. There are a number of nightclubs as well as sophisticated restaurants make it a hotspot for tourists as well as real estate agencies. If you want to enjoy a great town at great value then search over internet and you will find many sites related to Hurghada property.

Presently Hurghada hosts 40,000 residents. This popular holiday destination has divided into three main parts. They are El Dahar, Sekalla, and El Korra Road. Hurghada is the most favored area for UK buyers. Now this destination has turned into Egypt’s new property market. Property in Hurghada is hot spot now because it has low prices, freehold property, and front line beach is still available off-plan.

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Worldwide Destinations specialise in Egyptian Property in the Hurghada and Sahl Hasheesh area of Egypt. This Video shows Desert Pearl 1 Apartments in Hurghada on the shores of the Red Sea. These apartments offer fantastic value for money for the rental market, investment or just a holiday home. This Phase of the development is now SOLD OUT for more information on simmular developments in Egypt Call us now on +44 (0)1480 408330

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