Sharm El Sheikh is a world class holiday destination with almost every major hotel chain in the world and a cosmopolitan population of “Sharmers” who are making it their home. Sharm has developed from a small Bedouin settlement into a leading tourist destination; it is extremely popular because of its proximity and airline services to major European capitals, the year round sunshine, not forgetting the world famous coral reefs and diverse marine life

Sharm El Sheikh stretches for about 35 km and has a protected national park at each end the coastline. These parks are protected and have helped to ensure that Sharm remains an international centre for deep-sea fishing, swimming, and above all snorkeling and diving. In recent years there has been an increase number of resorts being built with apartments, duplex and villas for sale, and the laws have been changed to accommodate foreigners purchasing real estate at attractive prices.

The most famous and developed of Sharm’s bays is Na’ama, where pioneering hotels, resorts and diving centers first took up residense in the early 1980s. Na’ama Bay is bustling with activity at all hours. Its numerous beachside cafes and restaurants are both inviting and unpretentious. Whether you enjoy scuba diving, windsurfing, waterskiing or just soaking up the rays of the brilliant sun that never seems to hide behind clouds, you’ll find something of interest in Na’ama Bay.

There is a high level of security with a very visible police presence offering a reassurance to the foreign visitor. Sharm El Sheikh is a safe place to holiday, with crime at a minimum. You are very safe to walk anywhere day or night and if in doubt locals are always happy to assist you if you need help.

The Egyptian Pound is worth approximately 10 Egyptian to 1 English Pound. Most hotels take credit cards and also change money for you. However, outside the hotels, shops, restaurants, clubs and excursion centres rarely take credit cards and have no credit card facilities. Egypt is predominantly a cash society. You can use credit cards to withdraw money from cash machines in Sharm El Sheikh and the charges are not high. Travelers cheques are the best idea either in US Dollars or Sterling.

Prices of property in Sharm El Sheikh are notably lower than in Europe, with constant annual growth thanks to the investment boom on the Red Sea. Some of the more important financial newspapers have published some very interesting articles on the matter. One only needs to come to Sharm to realize the potential.

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