Why are Investors Buying Property in Hurghada Egypt

Once people experience the exotic and fantastic delights that Egypt has to offer many return again and again and because of the low property prices an increasing number of people are deciding that a holiday is spend more time in Egypt either regular holidays, short weekend breaks and long holidays

Egypt has now become increasing popular with overseas property investors and second home buyers looking for both fabulous homes in the sun and an excellent return on the investment in terms of rental income and capital growth.

Property in Hurghada has recently started to attract people and is now one of the investment hotspots

The city of Hurghada was once a small fishing village on the Red Sea and was founded in the early 20th century, and since the 1980s has been built upon and added to by continually enlarged by Egyptian and foreign investors and developed into leading seashore resort on the Red Sea.

A Luxury Holiday Destination

Oasis Marina is a new Hurghada property development being built and is ideally located in the fast developing Al Ahyaa district to the north of Hurghada, just 3km from the luxury resort of El Gouna, famed for its lagoons, marina and PGA Championship golf course.

The Al Ahyaa where Oasis Marina is being developed is the answer to the vision of a luxury holiday destination on this superb stretch of coastline within close proximity to Hurghada International Airport.

Property Hotspot

With the expanding presence of luxury developments along this stretch of coastline the area holds the promise of a complete transformation. DAMAC Properties, the Middle East’s largest private sector luxury property developer is the latest in a long line of names to agree terms with the Egyptian government and is committing billion of dollars of investment over the next ten years.

World Renowned Destination

The Red Sea coastline is a world famous destination for tourists from around the world with a unique blend of history side by side with all of the attractions of a modern holiday resort. Within a five hours flight time and 365 days of sunshine every year, the area is an idyllic destination simply waiting to be explored.

It is a haven for aqua & coastal leisure activities water sports of every kind and the Red Sea has some of the world’s most amazing coral reefs, coral-covered shipwrecks and a breathtaking array of fish as well as dolphins.

During the evening for the more adventurous a visit to the local tourist area, shops, restaurants, bars and clubs is a great option and a stroll along the sea front will surely satisfy the most cultured expectations and desires.

Oasis Marina is wonderfully situated to take advantage of this unique part of the world and all the Red Sea has to offer and will be one of the very desirable Hurghada properties for those who like to enjoy life.