AdminThink ‘Egypt’ and what immediately springs to mind? The awesome pyramids, built over many years for pharaohs and queens? The Valley of the Kings, with its amazing tombs, the focus of much archaeological research and exploration since the end of the 18th century? King Tutankhamen and the famous ‘curse’? All of the undeniable wonders of this ancient civilisation continue to fascinate and intrigue us. But the Egypt of today has even more to offer the discerning investment, retirement or holiday property buyer.
This North African country represents an excellent investment opportunity and a good value alternative to the more traditional hotspots in Europe, mainly due to the strength of the euro which means that Egypt offers more favourable exchange rates with Britain. With its hot, dry climate, Egypt is now a popular year-round holiday destination for tourists. After all, where else could you expect to enjoy brilliant sunshine almost 365 days a year? Egypt’s government is marketing the country as a leading tourism location and by 2014, intends to double tourist numbers to 16 million.
Properties in Egypt are priced very competitively and are built to an extremely high quality standard. It’s possible to buy a delightful modern studio with a rooftop terrace near to the beautiful, white sandy beaches of Hurghada for about the same as (or less than) you’d expect to pay for a new car. The carefully designed layout ensures that space is used to its optimum potential. Whilst enjoying a quiet location that is set away from the lively promenade area, you’ll find you’re still within easy reach of all the amenities you may need, including a range of enticing restaurants, bars and shops.
For just a little more outlay and for fantastic value, how would you like to own a stunning Egyptian apartment in an exclusive development with a private beach, several swimming pools and a 24 hour concierge? Marsa Alan, once little more than a small fishing village on Egypt’s Red Sea west coast, is now a thriving holiday destination, famed especially for its amazing diving sites. This would be your own tropical paradise, where the Arabian Desert merges with the Red Sea; an area adorned with lush palm trees, mangroves and coral reefs. With supermarkets, shops, restaurants, bars, cinema, nightclub, tennis and basketball courts all at hand, you couldn’t fail to be smitten.
In the heart of Hurghada, you’ll find affordable one, two and three bedroom apartments designed by Egypt’s leading architects in a variety of sizes, all finished in a European style including marble kitchen worktops and pre-installation for digital TV and internet connections. They’re complete with private terraces that lead to communal swimming pools and tastefully landscaped gardens. The middle floor properties enjoy a fabulous taste of the village community and leisure facilities, whilst the luxurious penthouse suites offer the ultimate in spectacular views overlooking the Red Sea. While at this stunning resort, you’ll discover that there’s so much going on the vicinity that you certainly won’t be lacking in things to do; desert safaris, scuba diving, golf, tennis, bowling, health and beauty spas… the list just goes on and on. travel news