Published: 9th September 2013
Over the course of the past twelve months, an increasing number of investors have shifted focus away from the traditional markets such as Dubai, Turkey and Spain, and have begun to focus on the new investment opportunities which are becoming available along Egypt’s stunning Red Sea Riviera. Just a short four hour flight from mainland Europe, and offering a superb, year round climate, Egypt is rapidly becoming one of the most sought after property investment locations.
All along the Red Sea coastline, resorts such as Sharm El Sheikh, Hurghada and Sahl Hasheesh are seeing high quality developments being launched on an almost regular basis. Alongside these large scale resorts is the new development at El Gouna, an award winning development which truly encapsulates the very best of property investment in Egypt.
Situated on a 10km stretch of beautiful beach, just 20 kilometres north of Hurghada, El Gouna offers a selection of beachfront property in one of the Red Sea’s most desirable locations. Covering a total of 37 million square metres, and offering a wide selection of amenities and facilities, El Gouna is designed for the more discerning visitor. Already home to 14 luxury hotels and boutique spa’s, El Gouna offers a range of accommodation including spacious studios and apartments, through to luxury family villas and townhouses.
A number of superb new developments have already been announced at El Gouna, including the stunning new development at Ancient Sand Resort.