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Egypt offers affordable homes in the sun

20th October 2010 Print

For those seeking a second home in the sun, Egypt offers good and quick access from Europe, an idyllic year round climate and cheap property prices.

For those seeking an affordable place in the sun with excellent rental potential, the award-winning Port Ghalib on Egypt’s Red Sea Riviera has a range of apartments and villas starting from just £53,000, with rental guarantees of seven per cent.

Port Ghalib is the ground-breaking US$5 billion resort on Egypt’s fashionable Red Sea Riviera by international developer, the M.A Kharafi Group. Set on over 21 million m2 of shoreline, Phase One comprises 11 zones incorporating homes, 25 hotels, leisure facilities and amenities. Phase Two comprises 19 zones and with a further 45 hotels. The resort combines the mysteries of Arabian nights with western technologies all set in a stunning location on the Red Sea, complete with endless sandy beaches and mountain backdrops.

Port Ghalib Red Sea is the largest resort in the Middle East North Africa and is fast becoming Egypt’s leading holiday destination with visitors from around the world coming throughout the year drawn to its crystal clear waters, coral reefs, rare fish and 5,000 wild dolphins. Located at the very heart of Port Ghalib Red Sea is the Marina, which is the core of the community. Featuring five meter deep harbour basin, it is a fully serviced port of entry into Egypt.

Comprising of 11 zones, each with their own identity, a large conference centre, 160 retail and commercial outlets, Phase One at Port Ghalib Red Sea is now over 40 per cent complete with the Marina, four operating international hotels including the six star Palace by Intercontinental, The Oasis and The Sands by Crown Plaza and Marina Lodge, and a wide range of luxuriously fully furnished villas and apartments ready for occupation. A four lane ten-pin bowling alley, horse academy, children’s centre, water sports all associated with such an international destination are all up and running. The resort also benefits from Six Senses Spa, which has just been named Egypt’s best spa at the World Travel Awards. When fully complete, Phase One will incorporate 21 further hotels, in addition to a yacht club, an 18-hole golf course and further entertainment facilities and services.

Ibrahim Saleh, spokesman for Port Ghalib Red Sea and Group Vice President of the Al Kharafi Group comments: “Marsa Alam is set to become one of the biggest stories in property in the next decade. Whilst Hurghada and Sharm El Sheikh are known as some of the hottest destinations in the world, Marsa Alam is a new destination with low property prices and a young tourist market which is set explode in coming years. The villas and apartments at Port Ghalib are finished to a high standard and we are currently offering a guaranteed rental income of seven per cent.”

The Marina Residences at Port Ghalib Red Sea are a collection of 600 luxurious apartments and villas, with views of the marina. Each home comes fully furnished and air-conditioned, with kitchens that are equipped with appliances, cutlery, and crockery. Residents enjoy 24hr security and the use of full community services such as maintenance, parking and garbage collection, and also have access to landscaped courtyards, and Port Ghalib Red Sea’s onsite amenities as well as optics ring that covers the whole resort and provides state-of-the-art broadband, TV and telephone services.

Port Ghalib Red Sea is located 65km south of Al-Qusair city and 210km south of Hurghada and just five minutes drive from Marsa Alam International Airport, which services over 2.5 million passengers each year from a number of European destinations including London, Paris, Rome and Berlin as well as daily domestic flights from Cairo. Flight times are: one hour from Cairo; two and a half hours from the Gulf; and five hours from Europe. Port Ghalib is also easily accessible by sea, via the new Port Ghalib International Marina, and by road, with the Valley of the Kings just two and a half hours away.

There are currently a wide range of studio, one, two, three bedroom apartments and four bedroom villas available at Port Ghalib Red Sea, with prices starting from £53,000. For further information, visit:

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Marina Residences