Property and Real Estate Investment in Hurghada

If your idea of a perfect holiday is to explore the mysterious pyramids of Egypt and discover its ancient culture, or jumping in very clear water and relax on sandy beaches, then you must visit Hurghada. The magnificence of the fabled Red Sea and the scenic landscapes of the Sinai desert are just some of the options available to you. Among the locals and international visitors Hurghada is arguably one of EgyptAir € ™ s most popular tourist destination in the Red Sea for its climate and sapphire blue waters of world-class diving. With most people heading to the beach, the choice of water sports is a selection of large and mid-range and luxury hotels and the profusion of bars and restaurants to suit all tastes. The opportunities and services, along with climate and friendly people, tourists and Hurghada with attractive long-term visitors in search of the property as a retirement home, holiday home or investment. The growing popularity of this region has led to a significant increase in demand for property in Hurghada, which looks set to continue only for the near future. However, it should be borne in mind that Egypt is an ancient land, and only in the last 10 years Hurghada has become a city of 35,000 population and became the most fashionable resort in Egypt. Today, the center of the city is divided into two main areas, the ad-Dahar and historical Sigala. Both offer a wide selection of hotels, restaurants and bars to suit all tastes and budgets, while retaining much of its distinctive character and traditional. One of the main reasons that people are increasingly interested in Hurghada, as an investment opportunity due to its growing reputation as a water sports center. You donâ € ™ t need to be an expert diver to enjoy its waters as diving and swimming alone will provide many opportunities for exploring the vibrant and exotic marine life. You will find activities such as kite surfing, windsurfing, sea and sport fishing. Each week, sailing and diving attracts thousands of visitors and some of the worldâ ™ € s most exotic fish and coral can be found around these warm waters. The visitor can also find numerous golf courses in circulation in the area, including a par 3 of Hurghada and 18-hole golf course in El Gouna. The city of Hurghada was founded in the 20th century, began development in Hurghada in the first 90 bis € ™ s European, American and Arab investors helped transform the area into a tourist destination. From a small traditional fishing village, is today one of the most important areas of the Red Sea with its long coastline and majestic beaches continue to attract visitors. Growth Projections Currently the rental market is very strong and very positive. With the travel time from Hurghada International Airport less than 10 minutes from the city is a destination that people find it convenient and easy access. Rules and regulations on the purchase of property in Egypt are quite straight forward, and are designed to attract investors in the country. The Egyptian government is enthusiastic in its promotion as a destination for foreign investments and real estate offers freehold properties and mortgages, the buying process simple and concessions. In recent years much attention has focused on EgyptAir € ™ s Red Sea and the most important events in the Middle East and Europe have invested in various development projects in large scale. The potential for wider development has triggered a series of major development projects announced in Hurghada and the surrounding regions. Today, Hurghada is a destination that offers exceptional value for money. For an investor can still be found Hurghada estate and luxury properties at bargain prices, a condition that has to change, as the area becomes a destination of permitted investments.