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10 TOP REASONS WHY NOW IS THE TIME TO INVEST IN SHARM EL SHEIKH

1. High return on investment
Capital appreciation over the past 18 months has reached as high as 50% on some properties with the average around 15% year on year.
2. Property ownership
You own your home outright.Guarantees given by developers are endorsed by the Egyptian Government and exist in contract. Many foreign home buyers and investors are flocking to buy property in this fantastic region.
3. Great deals on affordable holiday homes
Everyone dreams of having a second home in the sun. Prices in Europe and the cost of living there are now too high, making them not such an attractive investment, whereas prices in certain areas outside Europe such as Sharm El Sheikh can start from as little as £30,000 for an apartment.
4. Cost of living
The cost of living in Egypt is very cheap and the exchange rates to the Egyptian pound are high for foreign currencies, making it an excellent location for long breaks during the summer or winter.
5 Climate
The climate in the Red Sea is hot and dry not humid, with year round sunshine making it an excellent place to take a vacation or live permanently.
6. 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 and local culture make the Red Sea Riviera one of the best places to own a home.
7. High profile resort
Great resort living - Sharm El Sheikh's popularity is increasing rapidly and with it comes a very lively resort destination with vibrant atmosphere, combined with excellent business opportunities making it a wonderful place for expatriates to live.
8. Development and tourism
Sharm el sheikh is easily accessible with direct flights now departing from many uk airports with flying time about 5 hours. With the expansion of Sharm El Sheikh's international airport the economy is starting to boom. Other new developing resorts will continue to create a valuable real estate market.
9. Renting
With an increasing number of tourists visiting Sharm El Sheikh each year along with a sustained diving community rents are likely to remain strong well into the future. Also the increasing influx of expatriates living in the area will also ensure the demand for rental accommodation remains high.
10 Resale value
Sharm El Sheikh property prices should remain a excellent investment opportunity in the longer term as the area is relatively unknown in real estate terms and the demand is rapidly increasing

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