Hi Thomas

I suppose the question to ask is are you buying purely for investment or for your own use ?

If purely for investment, Sahl may be the best bet as the property is cheaper and the scale of the finished development will be larger .The payoff here is that Sahl will be a big building site for a considerable time and at the moment there is very little in the way of completed development . I would also be a little concerned that the individual plots in Sahl are being developed independently and could end up a hotchpotch of styles that dont look so good together and they are more higrise than El Gouna.There is also some risk that some plots may be left unfinished if a developer has financial difficulties.

I dont know a lot about Soma but it seems quite a small development .

El Gouna may not be the best in terms of investment growth but it certainly is the most established ,with a growing tourist image ,a large number of return visitors and the widest range of activities in the Red Sea area .There are still building sites but these are mostly on the periphery . As the whole resort is developed by one company it is carefully planned to give a cohesive look with restrictions on external appearance ,building heights and overall spacing of developments . Orascom also have a proven track record so there is virtually no risk of the development not being completed .

Someone else also mentioned that El Gouna is also very popular with the local wealthy population so there is a market for resale outside of rich Europeans.

El Gouna wins for me ,though I would also buy in Sahl ,I just cant afford it now

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El Gouna - Life as it Should be

http://www.villa-vacation.com/home-rental-12686.htm

Thanks George, I tend to agree in terms of the investment although I'm keen for a place to have now and maybe an investment as well. Love the golf in Soma and Gouna, but you pay to be there. You certainly need a bit of vision to try and see how Sahl will be in the next 5 yrs. Wonderful location though.

Thanks Crombiestone, being a bit older the thought of a quiet spot in Gouna appeals to me with the ability to get downtown or to the marina to enjoy a beer, and the resale should be there even it is with wealthy Egyptians. Sahl excites and scares me at the same time, but maybe a little apartment wouldn't be so bad as a pure investment, can't imagine living there for years yet though. If only I could bring my dog Benny over, he'd know what to do! TC

Sahl Hasheesh will be surrounded by golf courses which you can use

I couldnt have put it better . After buying in El Gouna I heard about Sahl but found it very hard to get any information about properties for sale even though the "old town" seemed fairly well built . When Resort Alliance finally pulled their finger out and updated their website I was very tempted to buy in El Andalous but nervous about how slow things seemed to be progressing .

Looking back I wish I had bought something as the prices have already doubled . Its amazing how many developments there are on sale in Sahl now . I only hope they keep the plans controlled or it will spoil the overall look .

Im not an investor so I'm just happy to have what I bought in El Gouna and I feel lucky to have bought when I did as I wouldnt be able to afford to buy anything there now .

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El Gouna - Life as it Should be

http://www.villa-vacation.com/home-rental-12686.htm

OHHH I wasn't here then to help and give more information

I am trying to decide whether to buy on the Red Sea. It seems that there are three options - Sahl, Hurghada and Gouna (and perhaps Gamsha Bay when it comes on line). I have done quite a lot of research and it seems that prices in Gouna are increasing consistently whereas there is no precedent in Sahl just what the agents are saying. I guess it depends on the quality that Sahl will end up being but I would say it is more of a risk than buying in Gouna or Gamsha which are both developed under the control of one company.

Dear Lila
Have you ever been to Sahl Hasheesh? I know El Gouna is Amazing but Sahl is Amazing As well

Thanks for your reply, I have visited Sahl Hasheesh and went to the Pyramisa - the rest just seemed to be a building site? But perhaps I went to the wrong bit? I would be interested to come and see what you have there and in Gouna (I think I would rather be in more of a resort - can always visit Hurghada from either). I will get in touch.

ok you welcome any time just before it with enough time give me a hint
Regards
George