El Gouna is a luxurious resort town located on the coast of the Red Sea, in Egypt. It's become an increasingly popular destination for tourists and property investors alike in recent years, for a number of compelling reasons, which we'll touch on so you can immediately see why El Gouna is such a brilliant location for expanding your property portfolio, or simply to invest in your own home.
Beautiful location & climate.
El Gouna is situated in a stunning location, surrounded by the crystal-clear waters of the Red Sea and the vibrant desert landscape in the backdrop. The town enjoys a warm and dry climate, with an average temperature of around 25°C, making it an ideal location for outdoor activities and water sports throughout the year.
Growing tourism industry.
El Gouna has a thriving tourism industry, attracting visitors from all over the world. The town is known for its luxurious resorts, stunning beaches, nightlife, rich cultural experience and of course it's two world-class golf courses. This high level of tourism has created a strong demand for rental properties, making El Gouna an even more attractive location for property investors.
Booming real estate market.
The real estate market in El Gouna is literally booming, with a steady increase in property prices over recent years. The town's popularity as a tourist destination and a desirable location to own property has driven the incredible demand and helped to sustain the market's stellar growth.
Excellent return on investment.
Investing in property in El Gouna can offer excellent returns on investment. The rental market is strong, with high occupancy rates and competitive rental yields. Additionally, as property prices continue to rise at approximately 15% annually, investors can benefit from capital appreciation where the value of their investments keep increasing over time.
Solid economic market for real estate investments.
Egypt has an excellent, well regulated market for real estate investments (particularly if you're a foreigner and are using foreign currencies for buying & selling properties), making it a reasonably safe & secure place to invest in property. The Egyptian government has implemented a range of policies to encourage foreign investment, including a streamlined process for purchasing property, as well as clear guidelines for the scope of properties a foreigner can own.
In a nutshell, investing in property in El Gouna, Egypt is an excellent decision for several reasons... the town's beautiful location, growing tourism industry, booming real estate market, excellent return on investment, stable political and economic environment - all considered together, make it an extremely attractive location for property investors. With the potential for strong rental yields and capital appreciation too, investing in El Gouna has proven itself to be a fantastically lucrative opportunity for smart property investors, globally.
If you're excited to find out more about El Gouna's real estate market, you're very welcome to schedule a complimentary appointment with one of our representatives at Jossour, at a time convenient for you, right here:
https://www.jossour.com.eg/contact