My blog has moved!

You should be automatically redirected in 6 seconds. If not, visit
http://www.overseaspropertytalk.com/
and update your bookmarks.

Overseas Real Estate Blog. News and Comment

Sunday, May 11, 2008

El Gouna, Hurghada, Sahl Hasheesh - What are the differences?

I'm just back from another visit to the Hurghada area to inspect some new sites. Many ask us about the general area. Please call/email (info@jet2letproperty.com) for full FAQ sheet which covers this and much more from living in Egypt, to tax to emigration. Here is a quick run down on the Hurghada area.

Gamsha Bay: Starting about one hour to the North of Hurghada Airport we have the site of Gamsha Bay project. Over 50,000 units proposed from Damac, 3 marinas, four golf courses, Sports areas, Hotels etc. Full details will be on web site soon but earlier registration will get the pick of the units.

El Gouna: About 25 minutes from Hurghada airport, this is fully operational with an impressive marina full with many £20m + boats (see picture left). Excellent restaurants and shops line the promenade around the marina. See picture above. Large 420m2 villas and very high quality apartments are now available through us. Price includes your own exterior and interior design service. The area is high security and gives a stress free area to relax without street sellers. This area gives a taste as to how Sahl Hasheesh will take shape.

South of El Gouna to Old Hurghada: Here is perfect beach front property territory with new hotels and apartments. A very large Carrefour supermarket is planned here. We have Hania Beach (front line), Orange Beach (front line, yet to be launched). and Pearl Vista (second line).

Old Hurghada: Real taste of Egypt territory with Sheraton street and its clubs, bars and vibrant shopping (see left). This is where tourism started and is thriving now. New marina already open with expensive new yachts moored.

New Hurghada: The Esplanade (Village Road) is impressive (see below) with a quieter feel and more relaxed pace than Old Hurghada. Like everywhere here, it feels very secure and with an ever growing mix of restaurants (Thai Garden, Hard Rock Cafe, Pizza Hut and traditional Egyptian) and the world class Little Buddha Restarant and Club, this is the place to enjoy a pre or post dinner stroll. Front Line property here is getting pricey as there is so little space left. We will have soon in pre launch Samra Bay (1,200 units 170,000 m2) from Orbit - where I saw the very high level of finish in Sahl Hasheesh. More info on this including video available on request.

Here we also have town developments of Lotus Breeze, Desert Pearl 1 (SOLD OUT), Desert Pearl 2, and Coral Sea Pearl, two minutes walk to the main town area. The new Zina Heights right on the Esplanade just in pre launch and West Side again right in the centre of town. For superb value we have Centre Residency 2 bedrooms from just £27,000.

Megawish:

Just a little further south we have the megawish area. Here we have Egyptian Pearl (second line).

Sahl Hasheesh:
This grand project by ERC will consist of 17 five star hotels and 12 four star. Three golf courses in three zones. Zone one course to be finished in June 2009. Already its taking shape and front line villas and apartments selling fast. Prices rising now that the Norman Foster and Partners' 7 star Serenia Resort and Marina construction has started.

Ocean Breeze in Phase 3 is now well under way but still some excellent villas and apartments available. Highly Recommended. Also we have front line developments of El Andalous and Palm Beach Piazza (see pool view left). Sunset Pearl and Red Sea Pearl have golf and sea views. All in Zone One.


See picture of Ocean Breeze under construction:















Dolphins off Hurghada Coast, Red Sea - a regular sighting:

No comments: