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Egypt property The property market in Egypt is primarily focused around the Red sea and Mediterranean coastline. Property investors are also buying in and around the main urban hubs of Cairo, Alexandria and Luxor, The Egyptian governments pro-active policies for attracting overseas investment has created an economic climate geared for growth in the Egyptian property market. Do you agree? Please state your views and opinions here on our new Egyptian property forum.

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Properties in Port Ghalib or Marsa Alam

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  #1  
Old 04-08-2007, 03:51 PM
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Default Properties in Port Ghalib or Marsa Alam

Hi,

I am looking at investing in a property in either Port Ghalib (preferred) or Marsa Alam. There doesn't seem to be much on the internet for either of these two places. My budget will be around £30,000 and I would really like something as close to the sea as possible.

Can anyone help?

Thanks very much.
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Old 07-08-2007, 10:25 PM
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Not been to either yet, but will be looking in Marsa Alam in Sept for a plot of land for my 2nd development project. Will let you know if anything worthwhile.
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Old 08-08-2007, 10:19 AM
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Hi Dave,

Thanks for that. Any information would be gratefully received. We stayed in Port Ghalib where the diving was wonderful....totally unspoilt (at the moment!) Fingers crossed you find something.
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Old 12-12-2007, 04:13 PM
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Default Marsa Alam

We have heard only positive things on Marsa Alam, we are looking into for other clients, if we have some good things, I will be in touch. Let me know your timescales.
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Old 12-12-2007, 05:08 PM
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Have you had any luck finding anything yet? Myself and a group of other investors are considering developing a small complex designed specifically for the norther European market; good size balconies, bathrooms and wet rooms, modern furnishings, ducted air con, plasma teles with satellite in living room. We will be looking for a suitable site in January and hope to launch the project late Spring with completion Summer of 2009. We would be interested in hearing from anyone interested in getting involved. Please PM me for more details.
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Old 12-12-2007, 08:03 PM
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I have heard some fantastic reports regarding Marsa Alam which is laways the case for a new development area.
I have also been told an airport is already in place,as far as i'm aware building has started on certain projects,however I do not at this moment have any further information available.Once I have something concrete I will post it onto this thread.
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Old 15-12-2007, 08:23 PM
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Default Hurghada

[hi there yes we have bought into oasis resort but could be interested in buying other property if everything was right. You will have to keep in touch and let us know how you are getting on.
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Old 15-12-2007, 09:20 PM
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We have been to Marsa Alam this January, It has it's own airport which only opens when the plains are due to come in.
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Old 15-12-2007, 09:34 PM
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Smile Re Marsa Alam

Quote:
Originally Posted by J4hurghada View Post
We have been to Marsa Alam this January, It has it's own airport which only opens when the plains are due to come in.

Hi what did you think to Marsa Alam, what are the pluses and minuses if any?..
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Old 16-12-2007, 11:23 AM
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Who flies direct to Marsa Alam and where from? Is it as difficult and expensive to get to as Hurghada or are there more or less flights? How much are fares typically?
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