Welcome to the forum Lila! El Gouna is a very nice place to live but from an investment standpoint large gains have already been made and future growth, whilst certainly likely, will probably be more modest.
Sahl on the other hand is at the beginning of a 15 year development programme, all governed by a Master Plan which will ensure consistent standards, no matter who actually constructs each project. All applications for building permissions have to go first to the ERC who are the owners of the land. Once approved by them they go forward to the local red sea governate for final approval.
There are so many elements within the Sahl project which will continue to add value for many years to come as each section of the jig saw falls into place. I have bought five properties in Sahl and have already sold one and doubled my money in 18 months.
Gamsha will be an enormous project too but the density of building is much greater than Sahl and its location is way too far out from Hurghada on the less attractive North Coast.
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Last edited by lyndsay552; 13-04-2008 at 09:45 AM.
Reason: Removed request for PM
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