Saturday, July 13, 2013

Hurghada - The City Open Egypt

In the early '90s, when foreign travel was much easier than having to fly in space, the Russians have finally learned that the rest to the sea and the first city, acquired a renowned resort in vogue, Hurghada has become. The sea, beaches, good hotels, a familiar food, and even exotic Luxor, skating camels and even a trip to the pyramid - this has attracted tens of thousands of tourists from all over Russia. Stay here was cheap, and it is affordable for most ordinary people. For many of them Hurghada was the first, and the provision abroad, which remained in grateful memory. In short, if you have a saying: "Egypt - Cairo that" 15 years ago, said: "Egypt - Hurghada he must say, Russian business is controlled by highly skilled union Sovestkom there was many professionals .. who worked in the Middle East, enough people who knew Arabic, and they formed the basis of the companies involved in the trip. tourists arrived in Hurgazu from the first day of fall in the comfortable environment because they do not have to rely on. a modest English and ability to explain characters - who was there to help And then came highlight the obvious advantages of this kurorta.Vo first in Hurghada is easy to reach: the city has its own international airport receives direct flights from Russia. Second, it is quite acceptable for the Russian climate -. hot dry desert climate with constant breezes Yes, summer is hot, the temperature above 40 degrees, but the heat is not painful and can be treated by the local mineral water .. . and must not forget cream friction is not the sun burned skin. However, you can simply get into the sea and prosidet 10 days ago, which usually lasts an Egyptian tour. 

 Hurghada tacitly considered the capital of the Red Sea. The city is located so that it is from here the easiest to get in the best places to dive in the water to the coastal reefs and uninhabited islands. Tourists to Hurghada are available all kinds of water entertainment, windsurfing, sailing, deep sea fishing, swimming. Especially popular is the diving, which created the necessary infrastructure. Unfortunately, not all travelers are cautious, but if you are indifferent to the great diver Mayol laurels, perhaps, you are not threatened. Those who do not like to sit in one place, happy to take a trip into the desert and mountains near the Red Sea. You can go to the nearby monasteries of St. Anthony. Paul, to admire their amazing frescoes. Nearby, in the Gebel Abu Dukhan, is a historic career, where excavations are ongoing - it is also worth seeing. Yet 

Hurghada - a paradise for golfers around the world. The famous resort with golf course located in El Gune, which is about 25 km from Hurghada. 

If the early years of Russia went to Hurghada just relax, the last time, perhaps since the beginning of the century, they have an interest in local real estate. Surprising. Some brought a business, and therefore bought the apartment, the other just tired of renting rooms in hotels. Finally, many of those who started investing in Egyptian real estate, hoping to profit. For reasons. Expensive real estate in Egypt each year, at the same time, by our standards, it is not so much the road. Recently otstroennuyu the villa area of ​​200-300 m can be purchased for $ 400 to $ 500 000. Flat area of ​​100 m will cost a bit more expensive - $ 100 thousand. There is a wide variation in prices, and another 60 to 70 thousand dollars should be enough for a good area of ​​approximately 1000 m.

Twenty years ago, Hurghada was a poor fishing village. The first major investment in the economy of the city has been doing business with the Arab East. It happened in the late 80s. Soon came here, and European investors - companies from Germany, Italy, Belgium. Together they created a good infrastructure - roads, communications and, of course, modern hotels. Local people working in the service sector, the artistic poverty learn the minimum set of English words, German and Russian, and seems to be the only concept that has no Arabic equivalent, the cost of delivery. But boy the driver that the trader - they are all very quiet, and if a persistent problem of tourism, it always get the rattle. Zametim also that local authorities encourage investors, there are various tax breaks for those who have to build something, and it also attracts businesses. Europeans sometimes pay attention to the built together, but .... arrears small houses. Of course, any developer can be difficult, but it's just different, in a funny trick: under construction, there are tax advantages, such as the Egyptians, and trying, as it were, to prolong the pleasure . But the authorities have turned a blind eye. In recent years, the influx of investment is not reduced. A general recovery in the market creates a growing demand.According to local authorities, in 2007, a sector of the Egyptian real estate has increased by almost 16%, more than two times higher than the growth of the economy as a whole. According to studies by several government institutions, is currently in Egypt, there is a need for 2.5 million apartments and the proposal kept pace demand, the market has an annual need of 350,000 new apartments .

According to sociologists, the gap between rich and poor is very large, but the economic measures taken by the government, contribute to the growth of the middle class, so that the Egyptian real estate, it is the consumer who can create demand .Currently, the main players in the local real estate market are the companies in the Gulf. But Europeans, as private persons or entities, are increasingly influenced by the situation in this area.

First, all attracted by cheap land. Second, Egypt, with its huge population and unpretentious, with an army of several million tourists - this is a huge and promising market with projects at very low cost. After Europe, with its real estate markets overheating, Egypt seems investment paradise. Especially since, according to research companies, culminating in real estate development is still very daleko. Razumeetsya, buy property in Egypt - it is not the same as buying scented oils hurgadskoy bench. It would be extremely naive to rely on itself and does not refer to specialists. Stories of misspent money, you can find in abundance on the Internet.

But the fact is that real estate specialists Egyptian is sufficient, many Russian companies are active in the local market, sale of villas, studios, and could contribute as a regular buyer or investor. Well, if we who have decided to work at your own risk, it is unlikely that it is then to deplore the loss of time and money. The fact that the Russians have come to Hurghada for good and for a long time to understand everything. Including Western competitors in business, who realize that the market has reached new players who will be considered. The Russians are willing to buy this house for vacation or just free time, but becomes increasingly popular purchase in order to derive rental income. Given the prospects of development of the coastal zone, the income - too seriously for a long time.

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