Buying real estate in
Sharm El Sheikh

Top 10 reasons why to invest in a holiday home at the redseas riveria.

1. WORLD CLASS DIVING
World class diving in warm waters over tropical coral reefs, wonderful hotels with some of the world's favourite cuisines, golf courses and a wealth of ancient history & local culture make The Red Sea Riveria one of the best places to own a home.

2. CLIMATE
Hot and dry, with year-round sunshine.

3. RETURN ON INVESTMENT
Captial appreciation over the past 18 months on some properties has increased more than 50% in value with the average being around 15% on year. Overseas real estate will always have residual value and is a more stable investment than stocks and shares.

4. AFFORDABLE HOLIDAY HOMES
Prices in EU countries and the cost of living there are now high, making them not such an attractive investment. In Sharm El Sheikh prices can start from as little as 45 000 Euros for a 2 bedroom appartment.

5. FREEHOLD OWNERSHIP
Freehold gurantees given by developers are endorsed by the Egyptian Government and exists in contract.

6. COST OF LIVING
The prices is very cheap and the exhange rates to the Egyptian pound are high for foreign currencies.

7. DEVELOPMENT & TOURISM
New airport and terminal building to be finished june 2006. . Read More and here.

In 2003 Sharm El Sheik hosted the Motorrace Telefonica Dakkar.

8. LETTING

9. HIGH PROFILE RESORTS

10. SALEABLE

Check our Carlton Appartments starting at £ 37,275

 

Interested in buying or renting a property in Sharm El-Sheikh send a mail to:

Sharmelsheik.no v/
thomas.kirkemo@getmail.no

Interested in cabins in norway? Check this site

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