Egypt
10% rental guarantees for 5 years on all 2-bedroom apartments at
Marsa Alam Beach Resort.
Contact Property Matters Overseas now for details on this fantastic new luxury development at Marsa Alam on Egypt's stunning Red Sea coast. We have freehold properties from just Euro29,500.
Egypt is a country steeped in history, whose splendours include the Pyramids of Giza, the Temples of Luxor and Abu Simbel. Egypt also embraces modernity on the sumptuous Red Sea Riviera where the clear blue waters meet the soft sandy beaches to form a mecca for watersports including world-class scuba diving and snorkelling.
Just a 5-hour flight from the UK, Egypt has year-round sunshine, spectacular desert scenery, amazing beaches and coral reefs. Egypt is a place where luxury holidays can be had at mid-market prices, and Egyptian property will always be in demand – especially in locations like the busy and expanding resorts of Hurghada, Sahl Hasheesh and Marsa Alam on the Red Sea coast.
With antiquities and historical sites such as Luxor and the Valley of the Kings within easy reach, Egypt really is a holiday destination that has it all!
Once a modest fishing village on the shores of the Red Sea close to the eastern Sahara desert, the Egyptian town of Hurghada has now become Egypt’s premier holiday resort and an internationally renowned centre for watersports. With sandy beaches stretching 20 km along the coastline, Hurghada is a paradise for sun-worshippers.
It is also the ideal base for diving the famous shipwrecks of Sha’ab Abu Nuhas and the crystal-clear waters around the islands of Giftun and Abu Ramada. Hurghada is centrally located in Egypt between Luxor, famous for its temples, and Cairo, famous for the Pyramids and Sphinx.
The fantastic new 5-star beach and golf resort of Sahl Hasheesh is just 20km from Hurghada’s international airport, and has a marina, four 18-hole golf courses, bars, restaurants, hotels, sports and leisure facilities, retail centre and, of course, superb diving and snorkelling.
Prices at Sahl Hasheesh start at just £56,400.00 with 1, 2 and 3-bedroom apartments, 2 and 3-bedroom villas, and palatial 6 and 7-bedroom properties available.
We have also just launched properties at Marsa Alam which is an unspoilt and tranquil diver's paradise 200km south of Hurghada. The opening of Marsa Alam international airport and low entry prices for apartments and villas make this an exciting prospect for investors looking to get in right at the start of a resort project on Egypt's Red Sea coast.
At Marsa Alam we have a range of beach front villas and apartments available and prices startr from an incredible £18,920. These are freehold properties at the same price at leasehold properties elsewhere in Egypt.
Property Matters Overseas also has a range of apartments available on tourist developments at the lively resort of Sharm el Sheikh, on Egypt's Sinai Peninsula.
Why purchase property on Egypt's Red Sea Coast?
The Egyptian tourism industry is one of the most important sectors in Egypt's economy in terms of high employment and incoming foreign currency, and therefore figures prominently among the priorities of the Egyptian government.
There were 3.1 million visitors to Egypt in 1995, 6.4 million in 2003, and 8.5 million in 2005, so Egypt is definitely now the number one tourist destination in the Middle East and the East Mediterranean as far as the number of arrivals and tourist nights are concerned.
Since 2003, 31 Egyptian tourist projects (particularly in South Sinai, Red Sea and Ein El Sokna) have been started at a cost of £1.7 billion. These projects also embrace infrastructure improvements in various sectors in Egypt such as airports, electricity, water and roads.
What makes the Red Sea Area of Egypt such a good investment prospect?
New legislation in Egypt has reduced income taxes by more than half; companies in Egypt
face a standard tax of 20%, and individuals are subject to a sliding
scale from 10% on income of £Eg5-20,000 up to a maximum of 20%
on income over £Eg40,000. Inheritance tax in Egypt has been abolished.
Spread over an area of 32 million square metres bordered by 12.5km of sandy beach, Sahl Hasheesh combines all the facilities of a top 21st century beach and golf resort with the bustling atmosphere of a lively Egyptian port and has essential community infrastructure like schools and hospitals.
Property Matters Overseas have a range of apartments and villas for sale at our three beach-front luxury developments in Sahl Hasheesh:
Staged payments, rental guarantees and the expectation of superb capital appreciation makes purchasing at Sahl Hasheesh near Hurghada on Egypt's Red Sea Riviera a very attractive proposition for the shrewd investor.
To find out
more about Sahl Hasheesh just click the link above, or look in the galleries and library on the right of this page.
For people looking for properties in Sharm El Sheikh, we have three superb apartment developments, Carlton Resort, Sharm Bride Resort, and Sierra Resort, which are all linked to 4-star hotels for easy rental and maintenance options.
For more information on our wide choice of properties available in Egypt please carry
out a detailed property search selecting your chosen criteria or contact Property Matters Overseas for more details.
