Looking for Property in Hurghada?

If your ideal holiday is to meander amongst the magnificent pyramids and explore ancient civilizations, or lie on a sandy beach and experience some outstanding diving, you can find it all in Hurghada. The renowned Red Sea and magical Sinai Desert are just two good reasons as to why Egypt should be at the top of your list of places to visit.



Being one of Egypt's most popular Red Sea resorts, Hurghada is popular with both tourists and Egyptians, all come here for the same reasons, the country's weather, shining clear seas and first class scuba diving opportunities. The white sand beaches are dazzling and a wide range of watersports are available on most of them. In the evenings, the wide selection of mid-range and luxury hotels and abundance of bars and restaurants is enough to keep everyone happy.



The amenities and opportunities available, coupled with friendly locals makes this destination popular with holiday-makers as well as long-term visitors looking for property as a second home, a holiday home, or as an investment.



The popularity of this Red Sea region has resulted in a substantial increase in demand for property in Hurghada, a situation which seems set to continue for the foreseeable future.



However, one should bear in mind that Egypt is an ancient land, and only in the past 10 years has Hurghada developed into a town of 35,000 residents and evolved into the most fashionable beach resort in Egypt. Today, the town centre is split into two main areas, Sigala and the old town Ad-Dahar. In both areas a visitor will be able to find a broad choice of hotels, restaurants and bars providing for all tastes and budgets.



Hurghada is on the rise as a destination for property investment partly due to its status as an aquatic sports centre. When you visit the coast of the Red Sea you don't have to be an expert diver to take pleasure in the magnificence of the aquatic world, just bring along a mask and a snorkel and you will have a good time. Other popular watersports and activities offered here ranges from kiting and windsurfing to deep-sea fishing and seafaring. People visit the area for the spectacular sailing and scuba diving, as the surrounding waters are warm and contain some of the best fish and coral found anywhere in the world. If you prefer to stay on dry ground then head to the golf courses, there are a number of them in the locality with an 18-hole course at El Gouna and Hurghada itself has a par 3 courses.



The town of Hurghada was established in the 20th century and started to see development in the early 90's, when investors from Europe, America and Arabia saw its potential as a tourist destination. The city was originally a harbour and fishing community until tourists started to show an interest in its golden coastline and sparkling ocean. The buy-to-let let market is strong at the moment and potential for growth encouraging.



Egyptian policy and rules concerning property are in an attempt to attract investors to the country fairly straight forward. The pro-investment Egyptian government actively encourages foreigners to buy property here by offering freehold properties and mortgages, tax breaks and an uncomplicated buying process. Investors are keen to buy here as the superb climate offers year round sunshine, and subsequently a more consistent rental market.



Egypt's Red Sea coast has over the past few years attracted a lot of attention from large scale property developers from Europe and the Middle East; this is mainly due to the rising number of tourists visiting the region. The town and surrounding area has initiated the announcement of several major development projects.



Nowadays, Hurghada is a place that provides its visitors and investors outstanding value for money, and there are still numerous properties presenting excellent prospects for long term investment. In Hurghada real estate and properties can still be found at bargain prices, a situation that is expected to change as the destination rises in reputation and becomes acknowledged as a good investment for property buyers.



Mark Burns has extensive experience in the overseas investment property market, specializing in property and real estate and through the Offplanworld.tv website provides extensive coverage on the world's major property investment markets including Hurghada property. For information on Off-plan property investment please visit the website.