Where is it better to buy real estate: Sharm El Sheikh or Hurghada?

General description of Sharm El Sheikh

Sharm El Sheikh is a modern and luxurious resort located on the picturesque Sinai Peninsula. It has become a popular destination for tourists from Russia, Ukraine, and European countries, rivaling Hurghada, which is located on the opposite side of the Red Sea in the African part of the region. A fun fact: in the 1970s, this area was just a fishing village inhabited by Bedouins. Only the southern part of the city, where the old town market is located, has preserved the atmosphere of those ancient times.

Overall, Sharm El Sheikh has taken on modern features, and its infrastructure is actively developing along a coastline that stretches forty kilometers and is about four kilometers wide.

Underwater entertainment and active recreation

This resort is perfect for snorkeling and diving enthusiasts, offering a variety of excursions and water activities that attract thousands of tourists. For those who enjoy outdoor activities, there are plenty of interesting locations in the surrounding area:

• Nabq Nature Reserve in the north;
• Ras Mohammed National Park in the south;
• the historic Orthodox Monastery of Saint Catherine with a history of almost one and a half thousand years;
• the sacred Mount Sinai, where, according to legend, Moses received the commandments.

Other attractive places

In addition, there are other attractive spots nearby, such as:

• the city of Dahab with its famous "Blue Hole," awarded the title of "Everest" for underwater enthusiasts;
• extreme rallies on desert tracks for thrill-seekers.

Longer routes can take travelers to the famous pyramids in Giza, Bethlehem, historical sites in Petra, or to the capital of Egypt — Cairo. This information may be useful for those considering purchasing property in Sharm El Sheikh.

Resort status

When it comes to the resorts themselves, Sharm El Sheikh stands out among other Egyptian cities for its sophistication and status as an upscale destination. This was an originally planned concept, and that status has been maintained to this day. Sharm El Sheikh is a small enclave along the Red Sea coast, creating a cozy atmosphere of seclusion for affluent individuals.

An alternative for relaxation

During the pandemic, this place became a great alternative for Southeast Asia enthusiasts, as it was much easier to reach due to fewer restrictions for foreign travelers.

Convenience of travel

It is important to note that the travel time from Moscow and other European capitals to Egypt is significantly shorter than, for example, to Thailand, which makes trips more accessible. Although this is not necessarily the main motivation for real estate buyers in Sharm El Sheikh, the psychological comfort associated with proximity to home and a familiar cultural environment certainly plays a role.

Attracting investors

Against the backdrop of all these factors, Sharm El Sheikh continues to attract investors and tourists, offering quality leisure and unique opportunities for purchasing real estate on the Red Sea coast.

It should be noted that the temperature in Sharm El Sheikh is much lower compared to several other cities in Egypt. This creates comfortable conditions, which is why this resort has earned the reputation of being "the warmest and least windy place in Egypt." Interest in this magical corner is shown not only by the local population but also by wealthy individuals from other countries, especially from North America.

Choosing between Hurghada and Sharm El Sheikh

The question of choosing between investing in real estate in Hurghada or Sharm El Sheikh arises for many who want to purchase property by the Red Sea coast. The answer to this question directly depends on the buyer's preferences. Both resorts have their own appeal for real estate investments, but some prefer one while others lean towards the other option. Additionally, financing becomes an important aspect when making a decision.

Real estate prices

Housing prices in Hurghada are generally more reasonable, which is due to the availability of large land areas that provide opportunities for the city's active development. In contrast, Sharm El Sheikh is limited by mountains and the coastline, which affects construction possibilities and, as a result, the cost of real estate, which is significantly higher here. For those whose budget is around $30,000, it would be more sensible to focus on Hurghada.

Conclusion

In conclusion of my research on Sharm El Sheikh and the real estate market in this magnificent resort, I would like to emphasize the uniqueness of this place and its appeal to tourists and investors. Comparing it to Hurghada, I want to point out that each of these locations has its own characteristics and advantages, and the choice primarily depends on the personal preferences and budget of the buyer.

Sharm El Sheikh is rightly considered a favorite resort for many Russians and Europeans — it combines the exotic beauty of nature, high-quality service, and a variety of opportunities for active recreation. The infrastructure here is steadily developing, and the proximity to important cultural and historical sites makes it even more attractive for those who want not only to relax but also to explore the world.

Advantages of Sharm El Sheikh

• Exotic nature and developed infrastructure
• Variety of outdoor activities
• Proximity to cultural and historical sites
• Mild temperatures and beautiful beaches

I also can't help but mention that in recent years, Sharm El Sheikh has become the main alternative to vacations in Southeast Asia. The changing geopolitical situation and new travel conditions have made this resort even more desirable for those seeking sun, warmth, and unique experiences. Not to mention that the mild temperatures and beautiful beaches will make your days on vacation truly comfortable.

Real estate market

It is important to note that despite the higher real estate prices in Sharm El Sheikh, such a choice can be justified and promising. Investing in this resort, considering its rapidly growing popularity and developing infrastructure, can not only be a successful decision for creating a comfortable vacation spot but also a profitable investment for the future.

Unlocking potential

Thus, regardless of whether you choose Hurghada or Sharm El Sheikh, you will gain a unique experience and a wealth of positive emotions. The key is to approach your choice carefully, focusing on your desires and possibilities, and then your decision will surely bring joy and satisfaction. Ultimately, this is not just a real estate purchase; it is an opportunity to become part of a special world that Egypt offers. Don't miss the chance to discover this amazing corner of the planet.