Egypt A growth in dive tourism is boosting demand for Red Sea property in Egypt as real estate investors seek to get involved in buy to let potential, it is claimed. Egypt’s Red Sea coast is regarded as one of the world’s finest diving destinations and dive tourism has been identified by the World Tourism Organisation (UNWTO) as one of the fastest growing tourism sectors. The Red Sea coast, has seen an increase in interest from property buyers and points out that one bedroom apartments start at £36,700. The superior diving available along the Red Sea coastline plays a key role in the success of resorts such as Hurghada, Sharm el Sheikh and Sahl Hasheesh. Due to the unique marine environment it is possible to step from the sandy shores straight into pristine coral reefs. It is for this reason that more and more people are looking for a permanent base in the area, a second property which they can use at their leisure to pursue their hobby but also rent out to other diving aficionados,
Posted on: Sat, 27 Jul 2013 21:18:29 +0000
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