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Port Ghalib - Lending its Formative Years to Egypt's Aging Wonders

Port Ghalib is being developed into a billion dollar international holiday destination Mecca. It is situated on the Egyptian Red Sea Riviera. The tremendous development was and is still being undertaken by a company based in Kuwait. Port Ghalib's induction to the British market was last November of 2007 in London.

The Group from Kuwait is saying that joining the World Travel Expo is very important in promoting Port Ghalib. The event is significantly important because it brings representatives and stakeholders of the international travel and tourism sector together in one place. The opportunity to present Port Ghalib to the tourism industry is maximized when it joined the World Travel Market.

Focusing on the advantages of Port Ghalib's tourism is important to attract potential overseas investors. The 2007 opening of some hotels like the Sahara Sun, The Sun International, and the Millennium Coral Beach will surely attract tourists who will then see Port Ghalib's living and lifestyle. Incidentally more vacationers will mean that more and more Britons will notice the wonders of staying in Port Ghalib.  This is with the possibility of buying a second home in the Port is really not so far fetched.

Port Ghalib is seeing enormous growth on the amount of stay-aboard dive boats. Due to Port Ghalib's closeness to the globally famous and unspoiled magnificent dive sites of Rocky Island, Zabargad Island, Brother's Island, and Daedalus Reef, the stay-aboard safari boats are making Port Ghalib their home port of operations. All of the sites mentioned have mythical temptations to divers from all over the world because of their exotic fish and other sea animal life.  You can also add the incredible coral formations in the area.

Moreover, since there is an increase in diving trips and activities, Port Ghalib is also seeing an influx in the number of yachts stopping over, whose route is the Asian waters, the red sea and up to the Mediterranean. In the year 2004, Port Ghalib was visited by 68 international yachts.  Then last 2005, Port Ghalib authorities were expected to have over a hundred arrivals, yet the rate of the coming and goings actually reached a whooping 200. The intensity of arrivals is showing that Port Ghalib's magnetism on the international yachting community is fast growing to an all time high. What's more, Port Ghalib's close immediacy to the Nile Valley riches of Egypt, together with protected and calm berthing and par excellence services, is making it the port of choice.

The opening of several hotels and resorts, like the 950 room Sun International and the Sahara Sun, which has a conference center that has a capacity of 1,500; and the commencing of business of the Corniche and Souk complex; as well as the bistros, bars, clubs, restaurants, 22 cafes, boutiques and 165 shops have proven that Port Ghalib is now the Egypt's first high end global level holiday resort community.  This is at par with destinations like Port Grimaud, Costasmeralda, Puerto Banus, and France's St. Tropez par.

Marsa Alam International Airport is just a five minute drive away from Port Ghalib. The airport is the key to the growing connectivity and direct link with British and other European regional source markets. Adventure seekers, holiday makers, sports fishing enthusiasts, divers, and archeological fanatics can have the adventure of a lifetime exploring nearby historical sites and ruins; as well as the desert, the Nile Valley Treasures, mountains, seas and corals that is currently the defining point of Port Ghalib, plus the towns or cities nearby.

Nighttime pleasures and Daytime Escapades are turning Port Ghalib into the ultimate holiday destination. The Southern Red Sea has blessed the world with its world class fishing and diving sites.  This is combined with breathtaking views of adjacent mountains and the gift of being able to explore the Nile Valley, Treasures of Egypt's Pharaohs and the Eastern Deserts. Action and fun with a helping of relaxation plus pampering- Port Ghalib is rapidly becoming the abode where people can experience and feel the paramount that Egypt can offer.  This is whether you are a vacationer looking for tranquility; an adventure seeking fun; or an investor or developer.

Government Support

Behind Port Ghalib's development and infrastructure boom is a progressive Egyptian government that is backing the tourism ministry.  They aim to focus intensely on a campaign to market Port Ghalib's attractions to the UK and to the rest of the world. This move is to make certain that Port Ghalib becomes a location with a myriad of residential resorts and world-class hotels.

The fact that Egypt's low cost of living and that Port Ghalib has the impediment for colossal capital growth, in a market that is yet to be tapped by British financiers, makes it a lot more enticing for Italian and German tourists.  This is since they comprise the largest fraction of 10 million tourists that Visited Egypt in 2007.

2007's Hot New Comer

Even though the UK and Egypt is just a 4 to 5 hour flight apart from each other, no two countries can ever be more contrary to each other. Egypt is a land that exudes the allure of the exotic, the land where pharaohs warmly welcome the steady increase of millions and millions of tourists every year.  Today, visitors are returning time and again to experience the distinct hospitality of this exceptional part of the world.

Port Ghalib Properties

Early last year (2007), the Waterfront Residences found in Port Ghalib was formally inaugurated. This holiday home neighborhood is comprised of 450 apartments that are right smack in the center of the marina in Port Ghalib. This gives the residents easy access to the Old Port 'Souk' and 'Corniche' Complex.

Investing In Port Ghalib

For British investors considering having their money into a property in Port Ghalib, you are looking at a real estate price growth of 20-30%.  Generally, it’s a no lose situation for the investors. In fact, the Port Ghalib property market has risen by 50%, in the course of only 2 years.

The country’s perceptive government has taken note of the international interest that Port Ghalib is generating.  These several concessions that were made will give foreign investors a bit of a leeway when it comes to owning properties.

 
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