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Why invest in red sea Riviera ?

Sharm el Sheikh is one of the most beautiful and amazing places located in Sinai and possibly Egypt. In past years it has grown to be the best and fastest developing destinations in the country of The Nile. For many years Sharm was considered to be only a place for divers. Today that has changed, there are now many reasons to visit Sharm. There is now a wide range of well known nightclubs, pubs  and coffee houses  plus of course an extensive choice of excursions through the desert -Safari, quads - Bedoin dinner as well as romantic trips to see the  stars.

In the past few years Sharm el Sheikh has grown to be the most popular place to invest for Egyptians as well as for foreigners.

The Real Estate market developed not only because of its popularity but mainly because of the decisions of moving most of investments from crowded Naama Bay to the new developing area of Nabq Bay.

New projects are not just great holiday apartments but ideal rental investments to. Also bank interest rates here vary between 6% to 8% per year tax free.

Sharm el Sheikh's development has been made possible by attracting more investors who who were mainly investing in Cairo. Success of the local market and stable predictions convinced the biggest Egyptian developers to invest in Sharm. Thus hastening the process.

According to economic predictions for investors the profit from renting could rise up to 20-25% in the coming years.
The rise of Real Estate in Sharm el Sheikh in the past few years has made the market more attractive for investors in comparative to other worldwide Real Estate markets.

The choice of investment properties is vast, how to choose the right one for investors making sure the investor gets the best rate of return with guanteed safety.

This is why Sharm el Sheikh is now the best pace for those who want to invest in holiday real estate.

British citizens are investing £10 billion GBP outside the UK on second homes every year, according to statistics at the British Chamber of Commerce, and in Egypt, especially Sharm El Sheikh, this investment has totaled around £1 Billion GBP so far.