Investments and Luxury Properties in El Gouna, Egypt
Why Invest in El Gouna Property and Real Estate
El Gouna is known as a luxury world-class resort town that is located on Egypt's Red Sea coast, roughly 25 kilometers or 15 miles north of Hurghada, Egypt.
There are many reason why El Gouna is an attractive location to invest into luxury real estate for commercial or for personal reason, including that Egypt has no property tax or capital gains tax on real estate sales for non-residents.
This makes El Gouna particularly attractive to foreign investors and retirees looking for a tax-efficient property destination.
El Gouna is often described as Egypt's premier resort destination, known for its elegance, sustainability, and international community.
Why Buy Luxury Properties in El Gouna, Egypt
El Gouna, built on a series of islands and lagoons all connected by bridges, and provides direct access to the Red Sea, reefs, beaches and activities that encompass being in a luxury upscale resort location.
Its proximity to Hurghada International Airport cab be reached in about 30 minutes making El Gouna and easy place to get in and out from to connect to European and Middle Eastern cities.
The project was developed by Orascom Development Holding, one of the Middle East's most reputable real estate and hospitality companies.
El Gouna is a leading international tourist destination with visitors attracted to the luxury resorts, golf courses, and marinas that are part of the project, with investors buying luxury villas or luxury apartments with the aim of generating income via long- and short-term rentals.
Egyptians and Europeans, together with a wide range of international travelers, make-up the cosmopolitan based population that El Gouna is famed for.
Real estate prices are additionally supported by limited land being available, plus the fact that the entire project has a good reputation world-wide.
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