"Red Sea Property" generally refers to property in one of three areas: Sharm El Sheikh, Hurghada or Marsa Alam. Property in the Red Sea area is very diverse and caters for a broad range of price ranges and styles as different as the 3 main resorts they are located within.
We are pleased to boast some of the best Red Sea property for sale available in Sharm El Sheikh which stretches from the stunning panoramic views of Hadaba Cliff right up to the governorate national park in Nabq Bay. It is currently the most popular tourist destination on the Red Sea Riviera with so much in and around Sharm for holiday makers to see and do, and of course not forgetting the guaranteed all-year sunshine. The coastal areas of Sharm are mostly dominated by the hotels, but a few notable front line properties are available mostly from within hotel resorts. Red Sea property prices in Sharm El Sheikh are generally higher than in the other Red Sea property areas because with so many daily direct flights it is well established in the tourist industry, and the property market alike.
HURGHADA
The area of Hurghada covers a much larger than Sharm, from the popular gated town of El Gouna in the north right down to the up-and-coming exclusive gated town of Sahl Hasheesh in the south. These two areas provide 5* luxury accommodation and contains some of the most expensive property in the Red Sea. Closer to the town of Hurghada you will find much more affordable Red Sea property, usually cheaper than real estate in Sharm as the area is still developing and not yet as busy. Buildings in Hurghada may be built up to five levels, maximizing land potential and driving down prices, also allows more sea view properties. Another advantage for foreign purchasers is that Red Sea property in Hurghada may be bought on a freehold basis.
MARSA ALAM
About 300km south of the town Hurghada lies the once small fishing village of Marsa Alam, but like Hurghada property and hotels cover a much larger area stretching down the Egyptian coastline from Port Ghalib in the north to Berenice about 120km south of Marsa Alam. Property in the Red Sea is much less sought after in Marsa Alam which is to the benefit of those who wish to settle in this great area of the Red Sea.Whilst the area is still relatively unknown, the secrets offered by the untouched virginity of sea-life is quickly spreading through the dive community and putting Marsa Alam on the map. Over 60 hotels have already opened in Marsa Alam and many developers are now realizing the potential. Rumours say Marsa Alam will soon become bigger and more popular than Sharm El Sheikh, and with the currently low property prices and freehold rights it is tipped to be the place to invest in 2009.
Egyptian Reality are specialists in Red Sea property sales and can guide you through every step in finding and purchasing your dream property in the Red Sea!