Real Estate in Egypt

**Amr Soliman** · 09-18-2011, 04:25 AM

Hi,

Why the tourists like to buy property in Egypt specially Hurghada on the Red Sea??
Over the last ten years the citizens of Hurghada have seen an amazing development. From desert sand has risen a town with more than 200 hotels, booming shopping promenades and vibrant nightlife. With ever growing number of tourist and perfect climate, this Red Sea Riviera has no off season. Hurghada has a special community where local habits and culture is presented next to resort lifestyle and behavior.

But the biggest beauty of Hurghada starts where coast ends – blue Red Sea is the reason why your dreams will stay with us. If it takes place in or on the water you can do it here: windsurfing, sailing, deep-sea fishing, swimming, but above all, snorkeling and diving. The unique underwater gardens offshore are some of the finest in the world, justifiably famous amongst divers. The warm waters here are ideal for many varieties of rare fish and coral reefs, which may also be observed through glass bottom boats.

Tourism in Hurghada
The first hotel built in the region was Sheraton hotel on Felfela road. The main development period in tourism industry started in the 1990s and is still under process. The total number of hotels has reached today 200, including modest 2 stars accommodations and huge luxury properties on the other side.
The number of tourist arrived to Red Sea in year 2008 reaches almost 2 million. More what busiest season is considered to be from September till November and March till May. Hurghada is the biggest resort in Red Sea and cheaper than the main competitor Sharm el Sheikh on Sinai.

**Agent Campus** · 09-29-2011, 01:22 AM

To those who would be considering a property in the beautiful place of Egypt, here are some of my tips:
Know your budget
Know the neighborhood you want to be in at
-check the atmosphere
-closeness to your work
-availability of commodities (market)
Know what kind of home you like (apartment, bungalow etc)
Take time to decide

**yassereloraby** · 10-16-2011, 02:27 AM

In Coldwell Banker Egypt we can see that the market in Egypt is now a buyer market. So it is a good chance for the investors to enter the market. Property prices are low and developers are giving good payment terms.

**Carla Hailey** · 10-16-2011, 07:18 AM

There are a lot of things to do when considering making an investment outside the country.

**knighthart** · 10-17-2011, 03:18 AM

Egypt is a very famous and popular city for its tourist as well as real estate business. Egypt is a very fast growing city and I have also invest money in egypt real estate business.

**Mijsons** · 10-24-2011, 06:41 AM

There are many things that are understand to do investment in real estate business...

**gemscamron** · 11-07-2011, 01:55 AM

Egypt is a one of the best city to invest your money in the real estate business and it is also my favorite city to invest money in real estate. Egypt property price is a very low compare to other cites.