Overseas Property News News Overseas Property Forum Forums Overseas Property Blog Blogs Overseas Property News Sales Terms & Conditions Acceptable Use Policy
Take Down Policy Privacy Policy Contact Us
Property in Australia Australia Property in Bulgaria Bulgaria Property in Brazil Brazil Caribbean Property Caribbean Property in Cyprus Cyprus Property in Dubai Dubai Property in Egypt Egypt Property in France France
Property in Germany Germany Property in Morocco Morocco Property in Portugal Portugal Property in Spain Spain Property in Turkey Turkey UK Property UK US Property US Property in the UAE UAE
Skip to content
You are here:Home arrow Africa arrow El Gouna's Investment Opportunities
El Gouna's Investment Opportunities
El Gouna, termed as “the lagoon” in the Arabic dialect, is one of the most prominent tourist resorts found on the eastern edge of the Red Sea in Egypt. This hotspot is just one of the many attractions featured in the Red Sea Riviera - a collection of cities catering to many tourists who visit the region for rest and relaxation, coupled with many sights and attractions that made it so popular by many worldwide.

Features of El Gouna

Located on the shoreline of the Gulf of Aquaba, El Gouna specializes in water activities that are quite popular with tourists. Services readily available include scuba diving, kite surfing, water skiing, and windsurfing. This is along with snorkeling and parasailing among others. The two main beaches found in the area would be Zeytuna Beach and Mangroovy Beach. These two popular beaches are flocked with foreign visitors during summertime. You can enjoy the wind and waves while getting a nice tan in the process.

Being a popular tourist attraction, El Gouna has enough facilities to accommodate the visitors’ needs. Beaches are lined with hotels and resorts with their own unique amenities; houses, either for rent or as permanent residences, can be found along the network of canals, which provides residents with their own private strip of beaches.

Medical facilities with complete medical equipments are readily available for in-and-out patients in the region. Services include pediatrics, plastic surgery, dentistry, general surgery, ophthalmology, ICU, and a lot more. Educational facilities are also in abundance to provide quality education to residents and visitors alike.

Downtown entertainment is readily available for those who wish to enjoy a fun-filled nightlife. El Gouna has bars and shops where people can meet and have a pint of their favorite drinks, or have friendly chats while enjoying the delicacy of the region in one of the famous restaurants.

Real Estate in El Gouna

Many foreign individuals noticed that the growing popularity of El Gouna as a tourist attraction. With that, the idea of settling down in the area is starting to hit more and more people worldwide. Ever since the Orascom Hotel and Development turned El Gouna into one of the tourism powerhouse in the Red Sea Riviera, many opportunities for acquiring real estate in the region is on the rise.

In between 1990 and 1992, houses in the area were developed exclusively for Egyptian nationals who wish to settle down in the area. When it opened its doors to the world, the real estate acquisition soared to amazing numbers. In fact, last 2007 alone, there where around 2000 units of real estate sold to foreign individuals and investors, which roughly consists around 70 up to 75 percent of the homeowners of El Gouna.

When OHD (Orascom Hotel and Development) opened its marina real estate properties, all the units within the Phase 1 area were all sold out in a matter of hours. The main reason for the rush acquisition of these well-developed properties is due to the area of El Gouna itself. Being a part of the major tourism attraction in the world, coupled with natural beauties, as well as perfect summer condition all year round is the main reason why foreign individuals flock to the region in hopes to gain profit and capital gain.

Different Real Estate Properties to be Acquired in El Gouna

Before acquiring your own real estate property in El Gouna, it is important to know the different properties available in the region – location, style, design, and proximity to attractions in the area, should be taken into consideration before procuring one. Listed below are properties that can be found in any location in El Gouna:

•    Fanadir Lagoons

The style and design of these properties were built in Andalusian-style with a touch of modern architecture. The waterfront properties located in this area are composed of private villas and apartments with its own brand of amenities from cool swimming pools to cozy gardens;

•    Golf Properties

These waterfront villas were built overlooking the crystal-blue lagoons of El Gouna along with the lush greens of an 18-hole golf course;

•    Hills

Inspired by an Italian architect, Alfredo Preda, these Tuscan-style homes offer breathtaking views of the sparkling waters of the Red Sea Riviera in one side, and the sights of El Gouna in the other.

•    Mansions and Marinas

Since El Gouna is well known for its beauty and sights, luxurious mansions and marinas are in abundance and can cater to any individual. The mansions are inspired by ancient Old Cairo with different designs that will suit their taste. The Marinas are in Yemeni-style constructions varying from villas to apartments with a breathtaking view of the El Gouna waterfront.

•    Nubian and White

The high luxurious homes are designed with exquisitely detailed domes with cozy interior space, which were built by the famous Egyptian architects Ramy El Dahan and Ahmad Hamdy. The El Gouna White real estate is personified with Mediterranean architecture by Architect Shehab Mazhar, which features an excellent view of the sea and golf course. This is amidst the cool mountain breeze.

How to Invest in El Gouna

Considering the boom of tourism, El Gouna is on the top A-List of real estate acquisitions in the known world. The perfect environment, the lush beauty of nature, along with sophisticated styles and designs of El Gouna neighborhoods are enough reason to get one of your own.

To get the property worthy of your investment, it is imperative that you should do some research on possible locations which will suit your plans. Whether for residential, commercial, or recreational purposes, checking out different sites and properties in the area should be your primary goal. Getting in touch with local real estate firms or developers is a great way to find out the most lucrative areas for your property, and get the best deals and discounts.

One such company is the El Gouna Real Estate, which has been one of the leading real estate company’s that market property sales to foreign investors and buyers since 1995. Their offices found in Tamr Henna Square and Abu Tig Marina is open to anyone who wishes to inquire on properties regarding location and price. These two main offices cater to individuals from the UK, as well as those in the Italian and Irish markets, which are known to be top real estate investors in the area.

 
< Prev   Next >


Overseas Property Guides Section

Newsflash

Mysterious Marrakech summons up images of enigmatic and colorful souks, thrilling sounds, smells, and the heat of the sun.  All this, and much more can be found in the stunning city that is Marrakech. 

Even though geographically near Europe it feels as if its a million miles away; stretching out less than a hundred miles inland and with a setting of the Atlas Mountains, Agadir together with Morocco is the rising star of British and European holiday destinations.