Egypt
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Developments
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The Red Sea coast is widely regarded as the world's most glamorous new property hotspot and luxury projects are currently going up to supply a growing demand for upmarket activity holidays in the area.
Hurghada especially is seeing huge investment, direct flights from around Europe are fuelling demand and ' Super-resorts such as ' Sahl Hasheesh ' and ' Gamsha Bay' are leading the way in making Egypt one of the hottest property markets in the world.
Sahl Hasheesh is just a 20 minute car journey from Hurghada airport and is a super resort that will encompass a hidden underwater city, 3 golf courses initially but eight are expected in the medium term which will all add to the resorts attraction.
The area is due to be entirely completed by 2014, making this an exciting emerging market still in its earliest stages, and ripe for investment. In addition to its prime location on an immense 32 million square metres of land, a plethora of excellent purpose built facilities will await visitors, including spectacular marinas, three 18-hole golf courses, a commercial centre, five hotels, bars and restaurants, sports and leisure facilities, a 5 star clubhouse, to name but a few, adding to the great prestige and investment value this development is destined to attract.
Gamsha Bay is a Dubai style resort offering waterfront living on many different levels, villas , apartments, townhouses on the water, by a golf course, on the lagoon/creek front, every choice of property is available at Gamsha Bay.
Gamsha Bay will not be the cheapest resort on the Red Sea but will be of quality and will prove to be strong on the resale market due to its unique product and style.
The Red Sea offers great diving obviously, fantastic weather and locals eager to please the European tourist, property in Egypt seems set to be a very good investment in the world's property market, make sure you have a good developer, a good location at the right price and strong capital appreciation should follow.
Golf On Egypts Premier Red Sea location - Sahl Hasheesh
Sahl Hasheesh resort will offer three manicured 18 hole golf courses complete with fully equipped golf academies. There are up to eight planned golf courses at Sahl Hasheesh. Other beautiful golf courses are to be found in the surrounding area, such as the Golf Club in El Gouna and The Cascades Golf Club in Soma Bay designed by Gary Player.
