Just 20-km away from Hurghada Airport, Sahl Hasheesh Bay is part of the collection of tourist attractions along the Red Sea Riviera. The 12-km bay is one of the famous havens for vacation-driven tourists who plays and relaxes on the sandy beaches of this Egyptian shore.

This stretch of beach is known for its luxurious resorts and world-class tourist amenities that can gratify any visitor in the area. The weather of this region is sunny all-year round with refreshing breezes coming from the sea.

The area is also well known for its golf courses both on the waterfront and scenic hills of the region. This golf “haven” ranges from intermediate level to professionals. These resorts also offer professional trainers that can help you out if you need a helping hand with a lesson or two.

The Hotels of Sahl Hasheesh Bay

The luxurious architecture of the hotels surrounding Sahl Hasheesh Bay is renowned for its exquisite design and style. The architecture is based on historic designs on the outside, with lush interior designs of the modern age on the inside.

The hotels in the area offers water sports activities ranging from scuba diving to yachting around the bay. Since the 12-km strip is well known for its abundant marinas, the yacht club is a little extra to boat lovers who wishes to have a total rest and relaxation out at sea.

Scuba diving enthusiasts can explore the “sunken city” of Sahl Hasheesh Bay which hosts historic edifices underwater. Known before as the City of Isis, the underwater city was part of Sahl Hasheesh Bay and was reputed to have sunk beneath the waves millions of years ago.

Real estate investments in Sahl Hasheesh Bay

Most people would agree that Sahl Hasheesh Bay is one of the prime real estate investment host spot in the entire region. Considering luxury and attraction that is latent in the area, many foreign investors are eyeing the prospect of getting a tidy profit from investing in one of the properties along the bay.

The properties in the area are suited for different functions: residential, either for permanent residencies or as a holiday home; recreational and commercial. Considering that Sahl Hasheesh is a name that tourists are sure to know, having your own property in the area can be a great asset.

Since the 12-km bay is currently on its development stage, local analysts and economists alike projected a rise in revenue that is on real estate investments when the project is completed in the year 2014. Many local and foreign investors aspire to be part of the area considering the projected capital and profit gains once it is completed.

Statistics of Tourists in Egypt

There are around one million UK tourists who traveled to Egypt during 2006. For the year 2007, July yielded around one million foreign individuals who visited the region whether for tourism or business purposes. This marks a 20% increase over those numbers in May and June of the same year.

Sunset Pearl Beach and Golf Apartments in Sahl Hasheesh boasted a capital gain of 30% per annum which consists of a 10% down payment for rentals and services. Other business establishments in the region also boast of earning more as the years go by.

The Egyptian government estimates that around 14 million visitors will flock to the region on 2010, and will grow by 6% per year according to the World Travel and Tourism Council. This is due to the popularity of the area because of its attractions. Thus, it is a perfect diving spot; it has luxurious hotels and perfect golf courses.

Sahl Hasheesh Bay Investment Advice

Before investing in the abundant real estate properties in Sahl Hasheesh Bay, it is very important to heed some advice from experts in order to get the best profits. Moreover, an unplanned investment could lead to a possible zero growth in profit and loss of money. Here are some advices from real estate experts among the local community of Sahl Hasheesh Bay:

1. Research and Budget

Research is one of the most important aspects of investing in a real estate property for any area around the world. Thorough research on the site, as well as for its attractions and possible profit-yielding assets is a great way to bolster capital gain.  This is especially when you plan to erect a business in the area. During your research, you may be able to determine the different price ranges of properties all around Sahl Hasheesh Bay. Each budget property will yield its own set of profit returns. This includes the price of land, the location, the attractions, and so on.

2. Purpose of the property

Second, it is very important for the investor to determine their specific plans for the property they wish to spend on. They need to take into consideration the possible plans for the property, either for long-term residence, or as a holiday home. Being able to determine the proper use of the real estate will eliminate any possible expense that you may incur.

3. Location of the property

Since the most lucrative area around Sahl Hasheesh Bay is along the shoreline, you may need to consider investing properties along the beach. Other available properties would include those in the mountainside or within the city itself. Each has its own strengths, as well as weaknesses. This is why it’s best to determine the advantages of the location before investing in even one.

4. Comparing prices

It is very important to compare prices with different properties to get the best deals possible. You need to take into consideration different factors like location, views, services (like water and electricity), logistics, and so on.  This is in order for you to find out if your property is worth the money or not.

Practically, the most useful advice that any real estate company can give you is to be patient and not rush the acquisition of real estate, especially around Sahl Hasheesh Bay. The price of the property might change depending on the possible factors like economical or political reasons. The need to assess and evaluate the advantages and disadvantages of each property should be the paramount concern of any foreign and local investor. This is one way to get the best returns.