News

December, 2015 Economic Updates

02-12-2015

Due to the recent events Sharm El Sheikh city is currently facing economical issues due to the flights ban and low flow of tourists which did reflect in a negative way on tourism but unfortunately in a positive way on the property market.

The investors started moving in the market with inquiries and searching for the best available deals to invest for rental, future sales and high (ROI) Return on Investments.

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Weekly Rentals

02-08-2014

WE WOULD LIKE TO ANNOUNCE THAT WE ADDED A NEW SERVICE TO THIS DEPARTMENT AS WEEKLY AND SHORT TERM RENTALS FOR HOLIDAY MAKERS.

MISS TEREZA MITREY HAS TAKEN OVER THE COORDINATOR POSITION.

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A kiss of life to Egypt's Economy and property Investment

23-07-2013

A kiss of Life to Egypt's Economy and Democracy
Egypt has encountered 2 peaceful revolutions in the past 30 months and on the 30th June 2013 it recorded the biggest Revolution in the world attended by 33 million peaceful demonstrators, that resulted in the removal of President Morsi and the Muslim Brotherhood.  Egypt is finally moving to democracy and stability

WITH THE NEW CHANGES IT WAS LIKENED to A KISS OF LIFE TO EGYPT'S ECONOMY AND INVESTMENTS.

Saudi Arabia donated 8 Billion US$
United

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Company Update

20-12-2012

Due to the current Situation within the property market, have downsized the company by reducing our offices and closing the Nabq Office. Unfortunately the Nabq office has not worked the way we would have liked in the past few years and has not generated the interest required to subtain it. We will continue to run the company as before from the Hadaba Office and Naama Bay Branch as well the New Cairo office selling properties world wide through our new web site www.worldprimelocation.com

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Nubia Resort Project

14-11-2012

In the Nubia Developer meeting today we have been formally advised that there will be a price increase after 15 days effective on the 29th November.  The price increase will be between 5-10% and is now currently under discussion.

In the mean time any sales from now until the 29th November will be honoured at the current prices providing the property is reserved with a deposit. 

Instant equity available to all customers on any purchases secured by a deposit  in the next 15 days.

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SHARM EL SHEIKH REAL ESTATE AMONG PRESTIGIOUS AFRICAN PROPERTY AWARD WINNERS 2012

23-10-2012

The best developments, architecture and interior design from across the length and breadth of Africa were celebrated at the close of a two-day Property Summit at the One & Only Royal Mirage Hotel in Dubai on Thursday, October 18th. The leading property professionals behind these outstanding projects were invited to attend the presentations of the African Property Awards in association with Yamaha and the Royal Institute of Chartered Surveyors (RICS).

Sharm El Sheikh Real Estate has been awa

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Housing Is ‘Awakening From Hibernation,’ Freddie Says

23-04-2012

on April 2, 2012

An improving economy is contributing to a gradual rebound in home prices across the country, according to mortgage giant Freddie Mac’s 2012 Economic Outlook report, released Wednesday. But there is still a way to go in the road to recovery for the housing market, the report noted. “The housing market is showing some signs of shaking off the depression-like conditions that have plagued it for much of the past few years,” according to the report. “A

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Housing Crisis to End in 2012 as Banks Loosen Credit Standards

20-04-2012

01/24/2012BY: KRISTA FRANKS BROCK  Capital Economics expects the housing crisis to end this year, according to a report released Tuesday. One of the reasons: loosening credit.
The analytics firm notes the average credit score required to attain a mortgage loan is 700. While this is higher than scores required prior to the crisis, it is constant with requirements one year ago.Additionally, a Fed Senior Loan Officer Survey found credit requirements in the fourth quarter were consistent with th

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SHARM EL SHEIKH REAL ESTATE AMONG PRESTIGIOUS AFRICAN PROPERTY AWARD WINNERS 2011

01-12-2011

Leading real estate agents from across the length and breadth of Africa have been notified of their success in the region’s most prestigious property competition in association with Google and Bloomberg Television. SHARM EL SHEIKH REAL ESTATE is delighted to learn that it is one of the winning companies.

The gala awards presentation and Property Awards Business Summit took place on November 16th and 17th at the Burj Al Arab in Dubai. The event is part of the International Property Awards,

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What have been the major growth segments in Egyptian real estate?

29-10-2011

When you segment Egyptian real estate, the luxury end is saturated. Affordable housing and retail have a lot of room, as well as high end office parks.
To what extent do you think the recent protest will affect the real estate market? To what extent is security an issue?
The answer to those questions may be different today and six month from today. Certainly what we understand on the ground now and in the next six months, is that security and stability are issues; all eyes are on Egypt to figure o

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Legal Malpractices in the Egyptian Property Market

17-09-2011

Part (1): Purpose of Building Permission

Building permission is the legal instrument which a developer / constructor utilizes as the essential and compulsory guideline upon constructing a building, a resort…etc.

Building permission is issued by the government, which issues the license only in compliance with many other significant criteria i.e. criterion of safety, criterion of convenience, criterion on general image…etc.

Criterion of safety could be the most obvious criterion a

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Rental News

23-06-2011

“ We are happy to announce that we will be increasing our rental to 75% to help recover the economy in Sharm.  We will still be supporting a 25% discount to help our residents and locals with their situation but hopeful that tourism is on the recovery path, and we can bring our rental market back to the full price within the next 6 months, this is the first step on that path.  This is in anticipation of our tourism returning to Sharm in the next season” 

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Egypt - A window of opportunity

28-04-2011

A temporary shift in currency rates has created a window of opportunity for buyers outside of Egypt, particularly for those in the UK and Eurozone. Initially this could save as much as 8% on the sterling price of a property. With rapid currency recovery expected over the next few months, owners would stand in a very positive position, irrespective of the predicted price growth within the Egyptian Market

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Sharm El Sheikh Real Estate jest dumny z uruchomienia w grudniu 2010 NTC

11-11-2010

Nile Traveling Club Sharm El Sheikh REAL ESTATE GROUP znajduje się w naszym poprzednim biurze, Naama Bay El Guindy Street Mall, naprzeciwko klubu Pacha. Zajmują się sprzedażą wycieczek i innych usług. Wszyscy, którzy będą VIP-ami w naszym klubie ( którzy już kupili u nas) będą korzystać ze specjalnych zniżek. Jeśli potrzebujesz zniżki prosimy o kontakt pod adresem:
Fax: 002-069-3600926    

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Arabian Property Awards News

29-10-2010

Sharm El Sheikh Real Estate attended the ceremony in Dubai and received Best Real Estate agency Egypt 2010 Best Letting agency Egypt 2010 As well nominated and awarded as the best Letting agency Arabia (Arab Countries middle East and Africa)

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Sharm El Sheikh Real Estate Awards

21-10-2010

Sharm El Sheikh Real Estate is nominated as The Arabian Property Award winner 2010 Associated with Bloomberg TV for the following categories: Best Real Estate Agency Egypt 2010 Best letting agency 2010 The ceremony will take place in Dubai on the 25th October 2010

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Invitation To Property Investor Show & OPP Live London Excel 14-16 October 2010

30-09-2010

Sharm El Sheikh Real Estate with great honor would like to invite you to visit us at the Property Investor Show & OPP Live London Excel 14-16 October 2010, at the Egyptian Pavillion Stand No 500 to discus and investment opportunities.

We have purchased a number of admission tickets and would like to invite you as our guest, if you are available at these dates.

Kindly subscribe through our web site to send you the invitation

Looking forward to see you

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Property Rental Market

22-08-2010

The rental market in Sharm el Sheikh is increasing and growing and we will be increasing our rent on 1st September to grow with the market. This is great news for our department. August is a Ramadan month and quiet on the field, but we expect to pick up again in September and fly as usual. Always looking for new apartments to manage, if you or any of your companions have apartments they wish to rent out, do not hesitate to contact us at rent@sharmelsheikhrealestate.com .

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Sharm el Sheikh Real Estate 4 offices and new head office

19-08-2010

Having now opened our new head office and administration offices in Hadaba. Administration head office,

Sales and Rentals office.

office 4

Sharm Mall, Bank Street,

Hadaba.

Opposite Alfa Leila Wa Leila.

Opening hours 10am - 6pm.

7 days a week.

Administration closed on Fridays.

 

New sales office Naama Bay

Shop 24 Sultan Kabous Street

Maritim Shopping Arcade

Naama Bay

Sharm el Sheikh hours

10am - 12 midnight

 

Original Naama Bay office

El Guindy Mall

Opposite Pacha C

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Monna Sharm

20-08-2009

Monna Sharm is our second resort launched within August 2009! Close to Maraqia it offers very similar facilities. First handover takes place in less than 12 months.

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Contact

Sharm El Sheikh Real Estate

Sharm El Sheikh Real Estate: Address: Shops 5/6/7, Amwaj Hotel, Shopping Arcade, Peace Road, Nabq Bay, Sharm El Sheikh, Egypt Zip Code: 41669, PO Box: 355
Phone: 002 0122 76 76 650
Email: coordinator@sharmelsheikhrealestate.com
Website: http://www.sharmelsheikhrealestate.com
Working Hours: 10:00 am – 06:00 pm
Office Closed: Friday