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Property in Hurghada

Hurghada lies on the north-east shore of the Red Sea Coast. Property development has not reached the heights of other resorts along the Riviera (most notably, Sharm el Sheikh) and it is regarded as one of the more upmarket resorts with several well developed private residential areas. Property prices are still relatively low and with tourism increasing 35% since 2000. Some analysts predict medium term capital returns similar to those experienced in Dubai.

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