Quote:
Originally Posted by realestatemart
I think its easy decision if i tell you that properties in Hurghada & ElGouna are free hold while in Sharm is not allowed for foreigner to own any property just 99 years contract.
besides in Sharm there is no city while Hurghada is a big community and after Gamsha as you said it will be more great
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Not quite sure of the relevance of the 99 year lease comment. I don't think that will stop anybody purchasing in Sharm and I believe it is renewed for the new owner if you sell.
Bottom line at the moment in the UK is Sharm is far better known than Hurghada - may not stay that way and I personally think Hurghada has some charm but that is the way it is at this time.
Mark .Y.