property for sale
about egypt
Egypt is part of the Mediterranean basin, the World's top destination area, which attracts one out of every three tourists travelling the World. It is a country that is singularly endowed for cultural tourism and offers a highly diverse set of destinations in this segment.
Egypt's geographic proximity adds weight to its advantages. It is at the crossroads of three continents and within several hours by plane from markets containing literally billions of people. Egypt, as most emerging destinations in the Middle East, has experienced strong growth over the past years. In 1995, it received slightly more than 2.9 million tourist arrivals.
Since that time, various events have threatened to derail its tourism development. However, they have not done so, causing only temporary slowdowns with recovery coming immediately after.
In 2004, Egypt registered over 8.1 million visitor arrivals, nearly eight million of which corresponded to tourist arrivals. The annual growth rate over this period, 11 per cent, speaks for itself. The first four months of 2005 showed even stronger growth: 15.6 per cent over the same period of the previous year.
The popularity of Egypt as a year round holiday destination has prompted international investors and developers to concentrate their efforts in this location. With its unique geographical situation, Egypt attracts visitors from the UK, Germany, Russia, the Middle East and America. The developments that are planned for the Hurghada and Sahl Hasheesh areas will elevate Egypt to be one of the most luxurious destinations in the World.







