Flight costs are going to be an issue wherever you choose to invest but the growing number of travellers and people wanting to buy property should ensure competition. I still believe that Egypt has the best year round weather you can find within 5 hours of most European capitals and has one of the lowest costs of living. Hotels are already at capacity and this will help the rental market in the future...

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PROPERTY SHOP INC. International Property Brokers
EGYPT REAL - Your One Stop Shop for Hurghada Property

It can only get better,Egypt just gives me a buzzing feeling,something about the place.I dont think there is any need for worrying I do hope it TAKES OFF just so the flights become a bit more bearable,however if your flexible I found some flight last month for £100 plus taxes per person and they were available.

There will always be a strong holiday market here due to the tropical climate with only a 5 hour flight.
There is a strong market with divers and kite surfers here in Hurghada
As long as the flights are still available at resonable prices then there is a strong viable market here.

I would think that unless anybody has some sort of count of the total number of bed spaces, hotel and apartments etc, that it is very difficult to make a judgement on this.

Anyone got any idea of current / planned bed for next 12 months.


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with entry of the Master developer to Egypt market

it is already becoming more and more popular.

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One thing I have noticed as an ex-pat for the past 15 years is that the British can be very Anglo-centric. It seems a lot of people think that the British are the only people who ever go on holiday!

Although the British are the most active buyers on the property market, they comprise a very small proportion of visitors to the Red Sea Riviera at the moment.

It's very big with Eastern Europeans as it's very easy to get to from there compared with the other major winter sun destinations such as the Canaries, and prices are affordable as well.

You just need to look at the arrivals/departures board at the airport to see where the tourists are coming from - places like Kosice in Slovakia, Vilnius in Lithuania, Kiev and Moscow of course. Lots and lots of tourists from Moscow.

It's big with the Scandis as well.

So don't judge the potential simply on the fact that not so many Brits are holidaying there yet.

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EGYPT REAL - Your One Stop Shop for Hurghada Property

Author of: Propertastic's Complete Guide to Hurghada Property and Egypt's Red Sea Riviera Real Estate

You are right about that; Hurghada is MUCH easier and cheaper to get to from Germany and Eastern Europe than it is from the UK. It's about time the British airlines woke up to the fact that Brits actually want to go there - In their thousands!! Anyone been reading the posts in the last week? There's not a hotel room to be had before the end of the month; and by the time that comes December will be the same. What an opportunity for owners to rent their units? Anyone seen the post from Chandra on the 'Pyramisa' thread? He's setting up a rental company for anyone who is interested.

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PROPERTY SHOP INC. International Property Brokers
EGYPT REAL - Your One Stop Shop for Hurghada Property

Well looking at recent comments, will there be an over supply of beds in Hurghada? if the hotels are fully booked this month then maybe not.
However there maybe a shortage of flights.

If any travel agents are reading this there must surely be a huge opportunity to harness the growing number of apartments being built and formulating a scale of pricing which could help both the travel industry and the property owners who wish to rent?

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PROPERTY SHOP INC. International Property Brokers
EGYPT REAL - Your One Stop Shop for Hurghada Property

It depends on demand.

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