Arguably a city in its own right, Hurghada is a well-established destination that provides much of the focus for tourists in the area; whose numbers are ever increasing in line with the continuous development of Hurghada’s local infrastructure. Hurghada International Airport has just begun to open its second terminal, visitors within 12 months are expected to reach 10 million and plans are afoot for further extensions.
Like so many Egyptian destinations, Hurghada was, for many years a small fishing village on the shores of the Red Sea and located close to the sands of the Sahara desert. Today Hurghada has become a world-class resort with extensive facilities and is known internationally as a major centre for water-sports famed for its dive sites.
Demand for property has grown continually at locations all down the Red Sea, yet Hurghada is perhaps the leading light. Property in Hurghada is freehold and prices are unbelievably low relative to other more established property markets whilst the quality of the buildings is generally excellent. Furthermore, Hurghada a centrally managed development strategy and directly seeks to make life easy for foreign investment; conscious steps to ensuring the town has a bright future ahead.