Marsa Alam
Marsa Alam is clearly set to rival the more established resorts of Sharm El Sheikh and Hurghada.
The tropical appearance, coral reef fringed blue seas and gorgeous palmed beaches of this tranquil and remote area of Egypt is the main draw of quality tourists. With some of the most exciting diving in the world! This area has become a favorite with sun worshippers and divers from Italy, UK, Germany, France, Netherlands and Russia.
Originally a small fishing village, Marsa Alam’s growth as a tourist area has only really been seen over the past 5 years. Marsa Alam is now one of Egypt’s fastest growing resort areas and taking shape as one of Egypt’s more exclusive tourist areas.
Probably the major stimulus for growth of this area has been the conversion of the privately owned domestic airport to international status in 2001. The airport’s expansion has been the green light attracting many developers to the area to capitalize on the expected future healthy tourist market.
Tourism growth is clearly taking place at a rapid pace. Passengers through the airport have increased steadily from 145,027 from the first main year of operation in 2002, with estimates expecting up to 500,000 in 2006. The airport has been designed to be easily expandable in the future to cater for up to 4 million passengers each year, and with this in mind it is clear that the airport will be able to support the expected huge future expansion of this area.
The flood of investment capital into Marsa Alam is funding new hotel, leisure and entertainment developments and is set to transform the area in to a vibrant, world renowned holiday destination. For example Libra Holidays Group recently announced a development including marina, golf course, spa, shopping and water park in the Marsa Alam town beach front area. The recently completed Port Ghalib Marina development is stunning and one of the largest marinas in the Middle East, with restaurants, hotels, night clubs, yacht club and casino. With over 1,000 berths the marina is expected to become a major international gateway for Yachts exploring the Egyptian coastline and is situated at the coastal side of the very modern Marsa Alam International Airport.
It is clear from a purely investors perspective that the Marsa Alam area looks to be a very exciting investment prospect. With good capital growth expected from the large infrastructure improvements in the town and surrounding areas and continual strong growth of quality tourists, the area is expected to provide good levels of rental returns for property owners.
It goes without saying that getting involved in this resort area at the earliest opportunity with a quality developer is key to seeing the strongest capital appreciation and rental income opportunities.
Whether for its pure investment potential, the gorgeous and reliable weather or the tranquil beach life, I am sure that this area will have property owners and tourists excited about returning to visit the Marsa Alam area time and time again to an ever changing and improving area.
Useful Information:
Average Temperatures:
October to March 18 to 35 degrees Celsius.
April to September 20 to 45 degrees Celsius.
Year round sea temperatures vary from 22 to 29 degress Celsius.
Flights:
UK flights from Heathrow, Gatwick, Birmigham, Manchester, Edinburgh and Dublin Airports.
Tours:
Marsa Alam is well located for side trips to Edfu which is around 142miles inland. Also popular of course are The Valley Of the Kings near Luxor and the beautiful Nile cruises. All around 4 to 5 hours away, by car, bus or coach tour. Some of the most exciting and unspoilt diving can be enjoyed on the many wrecks and reefs off Marsa Alam. Others may enjoy desert trips, desert motor sports and an increasing range of activities.
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