The popularity of the Makadi Bay Development on Egypt’s red sea riviera shows no sign of waning in 2010. Constructionon the Makadi site is well under way & it is now clear to see the design & layout of this outstanding development. Q1 is completely sold out & Q2 is almost sold out - the [...]

Construction of phase 1 of the Makadi Bay project: Makadi started on 5th October 2009 and is now well under way. Many of the foundations of the first strips of blocks have already been laid and new collumns are now emerging. The first phase is located at the highest point on the Makadi site which [...]

Egypt’s tourist industry is on the up based on recently released figures. Numbers fell by 9.5% during the 1st half of 2009 due to the current economic climate, but figures for July 2009 are actually up based on the same period last year.  Holidays are a luxury item & as the worldwide recession hit fewer [...]

Offered for sale  is a luxury  property which is almost complete, located close to Hurghada. The spacious accomodation is laid out over 2 floors & includes 2 reception rooms,  4 bedrooms & 4 bathrooms. Many of the rooms have balconies overlooking the private garden & swimming pool & there is a  roof terrace which takes [...]

More airlines are adding Hurghada to their list of destinations from the UK as the popularity of holidaying on Egypts  Red Sea Riviera grows. Easyjet operate a twice weekly service from London Gatwick, they fly Monday & Friday with the usual low cost fairs available. Thomas Cook airlines also fly to Hurghada from 3 UK airports, [...]

The prestigious Hurghada Dreams development located on the stunning red sea coast is now nearing completion. Many apartments are ready for  furnishing & the developers are nearing completion of the swimming pool & outside areas of the complex. Hurghada Dreams is situated in a prime location, centrally placed for ease of access to all the restuarants, [...]

El Nour Plaza is a new complex just metres away from the stunning coastline & beaches of the red sea. It is  located in the up and coming Al Ahyaa district of  Hurghada, being  just a short drive away from the centre & close to the resort of El Gouna. The complex is horse-shoe shaped  & [...]

There are a number of developments in both Hurghada & Sahl Hasheesh which are offering guaranteed rental returns. At a time when Bank rates are at their lowest, guaranteed rentals from 5 - 10% over periods from 2 - 10 years look very attractive to investors.

Despite the credit crunch that much of the world is currently in the midst of,  buyers are still choosing to put their money into property in egypt. There are a number of reasons for this but here are the top 5:

In this uncertain time of falling interest rates there is little incentive for investors to put their money into the bank as the returns are minimal. Another option is to invest in overseas property which offers a guaranteed rental income, with rates currently between 5 % and 10% for periods of up to 10years, there [...]