The other thing you must consider is flights. Especially from the UK with airlines stopping their service to Hurghada. Check flight prices because if an all inclusive hotel package deal is cheaper than a flight only and then you have to add on apartment rental, food and drinks the price difference could be enormous and will put people off renting. So you could then look at long term rental but you couldn't use the apartment and the income is very small in Hurghada.
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