My Financial Tips

Let’s cut to the main point, the main activity in the Egyptian property market is in and around the Red Sea, the Mediterranean Sea coasts, and the major cities of Cairo and Alexandria.

But in our opinion it’s the warm climate, miles of [spin[beautiful beaches, modern and luxurious facilities being developed along the Red Sea that is ensuring resorts are always bubbling with tourists and the rental income from these resort properties is too lucrative for any Egypt property investor to ignore.

Think about this as , the weather is rainy in the winter on the Northern Mediterranean coast, the sunnier and therefore the tourist rental season there is reduced to only 3 or four months a year and therefore the Red Sea resorts are receiving the great majority of tourists with their year round warm climate and sunshine.

Why the Red Sea
Here are just a few of the reasons why the Red Sea is one of Egypt’s most popular tourist destinations.

Location & Accessibility
Very good air links from Europe and the UK mean that the Red Sea is very accessible and has witnessed a massive increase in the number of affordable European charter and scheduled flights.

Climate
As mentioned earlier the weather is beautiful with sunny warm and stable climate for most of the year with little seasonal fluctuation, and very little rain and all year round sunshine.

The temperature rarely goes below 20? C with temperatures ranging between 18oC and 21oC in winter, and 21oC and 27oC in the summer months.

Natural resources
You will find white sandy beaches with warm and clear blue waters with views of awesome desert landscapes.

Egypt’s Red Sea region is an exceptional environment of natural beauty and an impressive reserve of sea life with significant coral formations and a many island diving spots.

Hurghada on the Red Sea coast is in our opinion the hotspot place for investment and Hurghada property is said to be one of the most attractive property investment opportunities anywhere in the Egypt.

The Red Sea is a magnificent and most fascinating environment with some of the finest underwater gardens in the world.

The underwater decoration is rich in walls of colourful corals and splendid underwater gardens offering unique and fascinating views for divers and snorkelers.

You will discover more than 400 varieties of corals and over 1500 species of fish with several and rare and multicoloured fish and the underwater visibility is more than 30 meters with diving possible up to 45 meters.

A new development of Hurghada properties that is attracting a lot of buyers and property investors from the UK is Oasis Marina, a luxury new beachfront property located in the fast emerging Al Ahyaa area between Hurghada and El Gouna. Oasis Marina is to operate as a tourist resort and will provide a selection of luxurious apartments that are fully furnished with spectacular view of the coast and beautiful Red Sea.