Posted: Wed 7 February, 2007

The bustling town of Hurghada is situated on Egypt’s Red Sea Rivera, which boasts 750 miles of coastline. Hurghada was founded in the early 20th century and was originally a small fishing village until the tourist revolution of the past few decades. The spectacular coastline and permanent summer weather attract many thousands of visitors to the area, with the number of British visitors increasing by 27% year on year.

Hurghada has something to offer everyone, and is known worldwide for its spectacular diving, with uninhabited off-shore reefs, and crystal clear waters with an abundance of rare fish. As well as diving, the warm waters are ideal for swimming and snorkelling. Golf is popular in Egypt and has been played there for over 100 years, there are several top class courses close to Hurghada. Other pastimes such as Horse & Camel riding, Quad biking and Desert Safaris are all in demand from tourists.Hurghada is a lively cosmopolitan town with leading European clubs & bars and international restaurants, as well as the more traditional Egyptian establishments.

Egypt has seen a 100% increase foreign buyers during 2006, and this is expected to rise by the same amount during 2007. The largest proportion of these are British, with most buying for investment purposes as well as personal use. The political climate is secure, and the year round season means excellent rental yields. As the market is relatively new property prices are still low, and capital appreciation is expected to be high over the medium to long term.

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