1. Entry Prices That Start at ≈ US$ $520/m² The average apartment in Hurghada lists for about EGP 26,500 per square metre—roughly US$ $520 at today’s rate (1 USD ≈ EGP 50.6). Global Property Guide Exchange Rates. Compare that with Spain’s Costa del Sol, where average coastal stock now exceeds €3,400/m²US$~US $3,700) and prime Marbella…
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1. Two Headlands, One Investment Question Soma Bay has spent three decades burnishing its credentials as the Red Sea’s “gold-standard” gated resort. Its built environment now spans golf courses, marinas, and 5-star thalassotherapy spas. Just 10 kilometres to the north, Ras Soma remained desert scrub until Travco broke ground in 2021. A second catalyst arrived…
Before the UAE-based Emaar Group even turned the first stone in Ras Soma, Egypt already had a world-class template for private, master-planned tourism: Soma Bay. The 10 km² peninsula south of Hurghada shows how the local private sector can build a fully integrated destination with resilient infrastructure, a coherent architectural identity, and long-term international hotel…
A Coast No One Mentioned In the early 1980s, Marsa Alam divers raved about Ras Mohammed and Hurghada. Meanwhile, three hours farther south, the shore was only dust tracks and Bedouin goat pens. Still, a few restless Red Sea guides and European club divers heard rumors of untouched reefs, playful spinner dolphins, and deep walls…