Yep,
I would agree to that too. You are talking UK flights here however you should take in to consideration the other countries too. Considering volatile situation in the country an avarage "tourist" would only consider package deals of 4-5 stars hotel or villa/apps complex where there are some security in place and other fasilities that make them "feel safe and looked after". There are loads of Eastern Europeans traveling down to Egypt as it is very good value for money even for countries that are in development like Russia, Ukraine etc... High season package on 5 star all inclusive costs about 600-800$ USD per 7 nights there.
Very interesting would be to see "rental offers" on projects like Regency Towers and similar buildings within Hurghada town. They are cheap but it seems that you only be hoping for a capital appriciasion there, deduct your
comunal charges - and it does not look very attractive atall.
However projects like Sahl Hashees - do look very attractive.
would be nice to hear what other people think.
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