The increasing demand for property for sale in Egypt is undoubtedly driven by the country's thriving tourism industry.
Over the past two years an increasing number of budget airlines have started to offer a wide range of low-cost flights to destinations throughout the Red Sea region from the UK. This has resulted in a large number of people visiting the region for the first time, as they look for alternatives to the more expensive Eurozone destinations.
Although there are numerous new projects being developed throughout the major cities, the focus of the demand for proeprties for sale in Egypt has surrounded the booming tourist industry in the Red Sea Resort. Destinations including Sharm El Sheikh, Sahl Hasheesh, Hurghada and the new resort of Nabq Bay have seen considerable growth in the past couple of years as increasing numbers of tourists visit each year.
Today, a large number of low cost airlines including Jet2, Easyjet and Monarch offer cheap flights to both Hurghada and Sharm El Sheikh international airports on an almost daily basis, and as such the demand for holiday rental or buy-to-let property for sale in Egypt has accordingly. With the numbers of tourists expected to continue for the foreseeable future, it's easy to see why so many people are looking to purchase a slice of the Red Sea lifestyle.