Propertastic!, a website which claims to be a leading resource for anyone interested in purchasing overseas property in Eastern Europe or the developing markets of North Africa today announced the launch of Propertastic’s Complete Guide to Hurghada Property and Egypt’s Red Sea Riviera Real Estate.
Propertastic! Chief, Nick Pendrell, explained, “Propertastic! has always been bullish about the market for property on Egypt’s Red Sea Riviera. With 365 days of sunshine a year, plus some of the best watersports activities in the world, the Hurghada area is one of the fast-growing tourist destinations around. Apartments there currently start at just £15,400 (€21,500/$31,800) with frontline beachfront starting at just £19,950 (€27,850/$41,200) – still a fraction of the price of other developing real estate markets such as Turkey, Morocco or Cape Verde.”
To see the market at first-hand, he visited Hurghada from 9 -18 October, during which time he spoke to a wide variety of people involved in the property business – developers, real estate agents, lawyers, builders, etc. to get opinions of the current state and the future of the market there.
A month later, he reveals his findings in what must surely be the most comprehensive guide to the current state of the market.
Containing over 25,000 words over 87 pages and illustrated with over 40 pictures and five maps, the Propertastic! Guide gives a general introduction to Hurghada and its immediate surroundings, including Sahl Hasheesh and El Gouna, giving an overview of the current real estate market and general observations about the destination from the point of view of anyone looking to invest in property there.
The report then goes on to look at the different regions of the town, featuring 35 of the main developments that are currently in varying stages of construction, giving details as to their locations, available sizes of apartments, prices and other information of vital importance.
Written in his inimitable, easy-to-read style, Nick is never shy to give his own personal opinions, highlighting the good, the bad and the ugly of the region and making recommendations as to which developments he thinks are excellent investment opportunities, and which to avoid.
In short, the Propertastic! Complete Guide to Hurghada Property and Red Sea Riviera Real Estate is an essential read for anyone considering investing in this exciting and up-and-coming new property hotspot.
Available either online or as a downloadable e-book in PDF format, the report is available completely free of charge to all registered members of the Propertastic! site.
Propertastic! is a new online resource that was established as a ‘one-stop resource’ for anyone considering purchasing residential property in Central & Eastern Europe and the developing Mediterranean region. Presented in a lively and easy-to-read style, the website offers totally unbiased and independent research on the real estate markets in Bulgaria, Croatia, Czech Republic, Egypt, Estonia, Hungary, Latvia, Lithuania, Montenegro, Morocco, Poland, Romania, Serbia, Slovakia, Slovenia and Turkey.