Current reasons why Hurghada is a property hot spot:

          Freehold Property

          No Capital Gains

          No Inheritance Tax

          No Property Tax

          Mortgages

          Low Prices ( starting from GBP 15,000 )

          Front Line Beach is still Available ( but for how long? )

          Year Round Rental Season

To the above should be added that this is a quality location, English speaking and with a level of service from the Egyptian that

would be hard to find anywhere in the world! The cost of living is very low. Eating out is cheap and easy. You will find authentic Egyptian cuisine, as well as Chinese, Italian Japanese, sushi, Thai, Russian, as well as many other types of wonderful restaurants. A nice meal for two can cost as little as 15 British pounds!

Conclusion:

Many foreigners are now settling in Hurghada, happy with easy and safe life style and this in turn is bringing additional services.

The easy way of life, the low prices, the location and the kindness and hospitality of the Egyptian are sufficient reasons. The British colonial past of Egypt has left its mark in as much as English is very much the second language after Arabic and a new school’s program ensure that pupils learn English right from kindergarden. There is an enormous interest from English, Polish, Dutch,Irish, German, Russian, Czech, and American buyers, lured by the ease of the buying process and relaxed visa regulations.

Now is the time to consider Hurghada!...............