Red Sea Beach
Posted in art supplies on 09/11/2010 09:58 am by adminRed Sea Beach
Red Sea Property Has Something For Everyone
Egypt real estate, particularly on the Red Sea Riviera, is famed for being among the least expensive in the world. Note the use of least expensive; in marketing circles it is frowned upon to use the word cheap, but that is not why I have avoided it here. I have avoided it here because Red Sea property is not cheap; it is a bargain because of what you get for your money.
Egypt is one of the fastest growing tourism hot-spots in the world. In an interview with Write About Property earlier this year, the Association for British Travel Agents said that tourism to Egypt from Britain had been growing at around 20% per year for the last few years, and forecast that this would accelerate to 25% this year, as the strong Euro forces people to look outside the Eurozone for cheap holidays.
The Red Sea Riviera encapsulates some of Egypt's fastest growing tourism hot-spots, most notably Sharm el-Sheikh and Hurghada. In both of those locations you can find the best investments and holiday homes that Red Sea property, and arguably Egypt real estate as a whole has to offer.
The average price for a 2 bedroom luxury apartment on the Red Sea Riviera is under £40,000. The average rent on one of those properties would be about £300 per week. Owners of Red Sea property are currently achieving 15-20 weeks occupancy per year. Doing the calculations from those figures the average rental yield on property on the Red Sea Riviera is 12.5% gross.
It is little wonder then that most Red Sea properties for sale right now are offering very impressive guaranteed rental yields of 8% and upwards.
But Red Sea property comes with another massive benefit.
"Most of the Red Sea Riviera is a National Park, or belongs to some protectorate, both under water and on land. Desert and marine life are protected by a number of laws, and visitors not abiding to the regulations may be subjected to heavy fines." Source Wikipedia.
Therefore, anyone buying Red Sea property can do so safe in the knowledge that the area will never be over-developed. This also means that demand will continually outstrip supply, which will put massive upward pressure on Red Sea property prices long into the future.
Most people buying Egypt real estate -- like most places -- at the moment, are doing so on a fly-to-let basis, because the crunch showed everyone that capital values can go down as easily as they can go up. None the less, the potential for capital growth will always be a factor in the decision making process. So adding the protected area reinforcement of the potential for capital growth, to the impressive rental yields mentioned above, Red Sea property offers a pretty powerful investment package.
That is before we even mention the things that the tourists come for: the fantastic climate, great beaches and world renowned marine life that attracts scuba divers from all around the world, which make Red Sea property perfect for lifestyle buyers also. All in all you could say property on the Red Sea Riviera has something for everyone.
About the Author
Mark Burns works for Offplanworld.tv, a UK based real estate consultancy specialising in off-plan property and who offer a wide portfolio of Red Sea Property.
best beach 2 visit in The Red Sea Egypt?
I'm mostly looking for somewhere with beautiful clear blue water and lagoon, preferably where where with not too many tourists, just relaxing. If anyone can help that'll be great!
Montazah beach, in Montazah,, Sharm. It is a private beach so you must be booked into a hotel or stay in an apartment or villa in the area. It's one of the most peaceful beaches i've visited in the whole of the red sea. The water changes from clear blue to greeny turquoise & the fish will swim around you totally unafraid of your presence.
Egypt Hurghada Red Sea beach
 |
 NEW!LARGE RED CANVAS WALL PICTURE SEA SUNSET BEACH  US $.01
|
 NEW!LARGE RED CANVAS WALL PICTURE SEA SUNSET BEACH US $.01
|
 NEW LARGE RED CANVAS WALL PICTURE SEA SUNSET BEACH US $56.99
|
 red HAWAIIAN BEACH SEA GLASS drop earring SP US $.99
|
 NEW LARGE RED CANVAS WALL PICTURE SEA SUNSET BEACH US $56.99
|
 NEW LARGE RED CANVAS WALL PICTURE SEA SUNSET BEACH US $68.99
|
 WINE RUBY RED BEACH SEA GLASS PENDANT SILVER NECKLACE US $6.99
|
 RED BEACH SEA GLASS PENDANT SILVER NECKLACE US $9.99
|
 RED BEACH SEA GLASS PENDANT SILVER NECKLACE US $9.99
|
 WINE RUBY RED BEACH SEA GLASS PENDANT SILVER NECKLACE US $9.99
|
 WINE RUBY RED BEACH SEA GLASS PENDANT SILVER NECKLACE US $9.99
|
 WINE RUBY RED BEACH SEA GLASS PENDANT SILVER NECKLACE US $6.99
|
 WINE RUBY RED BEACH SEA GLASS PENDANT SILVER NECKLACE US $6.99
|
 RED CRAB & SEA SHELLS BEACH WELCOME MAT ~ DOOR MAT ~ 18" x 27" ~ NEW US $11.99
|
 Genuine Red Beach Sea Glass Undrilled Lot 101 US $26.00
|
| Powered by phpBay Pro |
