5 TOP-END BEACH RESORTS FOR SALE IN SHARM EL SHEIKH, RED SEA, EGYPT: for sale


5 TOP-END BEACH RESORTS FOR SALE IN SHARM EL SHEIKH, RED SEA, EGYPT

Sharm El Sheikh, Egypt

NEGOTIABLE
POR

Agent: Cliff Jacobs - Managing Principal Estate Agent & CEO (Nat.Dpl.Hotel Man (UJ). M.P.R.E.)
Agent Cellphone: +27 (0) 84 413 1071 / +27 (0) 61 716 6951
Agent Office Number: +27 (0) 21 554 0283
Agent Email Address: cliff@exquisitehotelconsultants.com
Type: Beach Resort
Bedrooms: 0
Bathrooms: 0
Parking: 0
Yield: Not Disclosed
TGCSA Rating: 4 Star


Sharm el-Sheikh 

Sharm el-Sheikh is an Egyptian city on the southern tip of the Sinai Peninsula, in South Sinai Governorate, on the coastal strip along the Red Sea. Its population is approximately 73,000 as of 2015. Sharm El Sheikh is the administrative hub of Egypt's South Sinai Governorate, which includes the smaller coastal towns of Dahab and Nuweiba as well as the mountainous interior, St. Catherine and Mount Sinai. The city and holiday resort is a significant centre for tourism in Egypt, while also attracting many international conferences and diplomatic meetings.

Sharm El Sheikh (meaning "Bay of the Sheikh") is also known as the "City of Peace; Egyptian Arabic: Madinet Es-Salaam", referring to the large number of international peace conferences that have been held there. It was known as Şarm-üş Şeyh during Ottoman rule, and as Ofira when the area was under Israeli control between 1967 and 1982. Among Egyptians and many visitors, the name of the city is commonly shortened to "Sharm", which is its common name in the Egyptian slang. The name is also sometimes written as "Sharm el-Cheikh" or "Sharm el-Sheik" in English.

Geography and history

Sharm El Sheikh is on a promontory overlooking the Straits of Tiran at the mouth of the Gulf of Aqaba. Its strategic importance led to its transformation from a fishing village into a major port and naval base for the Egyptian Navy. It was conquered by Israel during the Suez Crisis of 1956 and returned to Egypt in 1957. A United Nations peacekeeping force was stationed there until the 1967 Six-Day War when it was reoccupied by Israel. Sharm El Sheikh remained under Israeli control until the Sinai Peninsula was returned to Egypt in 1982 after the Egypt–Israel peace treaty of 1979. Egypt's then-president Hosni Mubarak designated Sharm El Sheikh as The City of Peace in 1982 and the Egyptian government began a policy of encouraging the development of the city. Foreign and Egyptian investors contributed to building projects including mosques and churches. The city is now an international tourist destination, and environmental zoning laws limit the height of buildings to avoid obscuring the natural beauty of the surroundings.

A hierarchical planning approach was adopted for the Gulf of Aqaba, whereby the area's components were evaluated and subdivided into zones, cities and centers. In accordance with this approach, the Gulf of Aqaba zone was subdivided into four cities: TabaNuweibaDahab and Sharm El Sheikh. Sharm El Sheikh city has been subdivided into five homogeneous centers, namely Nabq, Ras Nusrani, Naama Bay, Umm Sid and Sharm El Maya.

Sharm El Sheikh city, with Naama Bay, Hay el Nour, Hadaba, Rowaysat, Montazah and Shark's Bay form a metropolitan area.

Before 1967, Sharm El Sheikh was little more than an occasional base of operations for few local fishermen; the nearest permanent settlement was in Nabk, north of Ras El Nasrani ("The Tiran Straits"). Commercial development of the area began when the Israelis built the settlement of Ofira, overlooking Sharm El Maya Bay and the Nesima area, and opened the first tourist-oriented establishments in the area at Naama Bay, six kilometres (4 mi) to the north. These included a marina hotel on the southern side of the bay, a nature field school on the northern side, diving clubs, a promenade, and the Naama Bay Hotel. The site off the shore gun emplacements at Ras Nasrani opposite Tiran Island is now a diving area.

In 2005, the resort was hit by the Sharm El Sheikh terrorist attacks, which were carried out by an extremist Islamist organisation targeting Egypt's tourist industry. Eighty-eight people were killed, the majority of them Egyptians, and over 200 were wounded by the attack, making it the second deadliest terrorist attack in the country's history. The deadliest terrorist attack took place in Sinai when militants detonated a bomb inside a crowded mosque in the Sinai Peninsula on 24 November 2017 and then sprayed gunfire on panicked worshipers as they fled, killing at least 305 people and wounding at least 128 others. The third deadliest was the Luxor massacre of 1997.

The city has played host to a number of important Middle Eastern peace conferences, including the 4 September 1999 agreement to restore Palestinian self-rule over the Gaza Strip. A second summit was held at Sharm on 17 October 2000 following the outbreak of the second Palestinian intifada, but it failed to end the violence. A summit was held in the city on 3 August 2005 on developments in the Arab world, such as the situation in the Arab–Israeli conflict. Again in 2007, an important ministerial meeting took place in Sharm, where dignitaries discussed Iraqi reconstruction. The World Economic Forum on the Middle East was hosted by Sharm el-Sheikh in 2006 and 2008.

Amidst the 2011 Egyptian protests, then-president Mubarak reportedly went to Sharm El Sheikh and resigned there on 11 February 2011.

Climate

The city experiences a subtropical arid climate, classified by the Köppen-Geiger system as hot desert (BWh). Temperatures are just short of a tropical climate. Typical temperatures range from 18 to 23 °C (64 to 73 °F) in January and 33 to 37 °C (91 to 99 °F) in August. The temperature of the Red Sea in this region ranges from 21 to 28 °C (70 to 82 °F) over the course of the year.

Marsa AlamKosseir and Sharm el-Sheikh have the warmest winter night temperatures of cities and resorts in Egypt.

The highest recorded temperature was 46 °C (115 °F) on June 3, 2013, and the lowest recorded temperature was 5 °C (41 °F) on February 23, 2000.

Economy and tourism

Sharm El Sheikh was formerly a port, but commercial shipping has been greatly reduced as the result of strict environmental laws introduced in the 1990s. Until 1982, there was only a military port in Sharm El Sheikh, on the northern part of Marsa Bareka. The civilian port development started in the mid-1980s, when the Sharem-al-Maya Bay became the city's main yacht and service port.

Sharm El Sheikh's major industry is foreign and domestic tourism, owing to its landscape, year-round dry climate with long hot summers and warm winters and its long beaches. Its waters are clear and calm for most of the year and have become popular for various watersports, particularly recreational scuba diving and snorkeling. There is scope for scientific tourism due to the diversity of marine life: 250 different coral reefs and 1000 species of fish.

These natural resources, together with its proximity to tourist markets in Europe, have stimulated rapid growth in tourism in the region. The number of resorts has increased from three in 1982 to ninety-one in 2000. Guest nights also increased in that period from sixteen thousand to 5.1 million. Companies that have invested in the city include HyattAccorMarriott InternationalLe MéridienFour Seasons Hotels, and Ritz-Carlton, with categories of three to five stars. In 2007, the first aqua park hotel resort opened in the area. The four-star Aqua Blu Sharm Resort was built on the Ras Om El Seid, with an area of 133,905 square metres (1,441,340 sq ft).

Sharm is also home to a congress center, located along Peace Road, where international political and economic meetings have been held, including peace conferences, ministerial meetings, world bank meetings, and Arab League meetings. The Maritim Sharm El Sheikh International Congress Centre can host events and congresses for up to 4,700 participants.

There is nightlife in Sharm El Sheikh. The colorful handicraft stands of the local Bedouin culture are a popular attraction. Ras Mohammed, at the southernmost tip of the peninsula, has been designated a national park, protecting the area's wildlife, natural landscape, shoreline and coral reef. There are a number of international hotels and restaurants in the centre of Sharm, in the area known as Naama Bay, with golf courses and other leisure facilities further up the coast.

The Nabq Managed Resource Protected Area is a 600-square-kilometre (230 sq mi) area of mangroves, coral reefs, fertile dunes, birds and wildlife.

As of 2012, nationals from the EU and the US do not require a visa for travel to Sharm El Sheikh if the visit is for fourteen days or less, although those travelling outside the Sinai area may still require a visa, which is purchasable for a small fee on arrival. Visitors are often ushered into a queue to buy a visa after entering the airport upon landing.

Sharm El Sheikh has become a popular location for scuba diving as a result of its underwater scenery and warm waters. Other beach activities include snorkeling, windsurfing, kite-surfing, para-sailing, boating, and canoeing.

Ras Muhammad National Park is located at the southernmost tip of the Sinai Peninsula where the waters of the Red Sea and Gulf of Suez meet, producing strong currents and providing a habitat for diverse marine life. Two reefs popular with divers are Shark Reef, a vertical wall descending to over 800 metres (2,600 ft), and Yolanda Reef, the site of the wreck of the Yolanda.

The Straits of Tiran are located at the mouth of the Gulf of Aqaba and in a major shipping lane. There are four reefs there, each named after one of the British cartographers who first mapped them: Gordan, Thomas, Woodhouse and Jackson. In summer months, hammerhead sharks swim in schools near the reefs.

The Sharm El Sheikh Hyperbaric Medical Center was founded in 1993 by the Egyptian Ministry of Tourism with a grant from USAID, to assist with diving-related medical conditions.





Contact agent
Key features

We have the following top-end resorts for sale or lease in Sharm el Sheikh, Egypt

Naama Bay area

1. First Row
180 Rooms
Best view of Naama Bay
30.000 sqm
15 Mil $
The Hotel needs an upgrade approximately with a cost of 3 Mil$

2. Naama Bay area
First Row from the Sea
275 Rooms plus Shops
27.000 sqm
22 Mil $

3. 5 Stars Hotel Hadabah
First Row at the Sea
640 Rooms and Suites
118.000 sqm
70 Mil$

4. 5 Stars Hotel
Nabq Area
500 Rooms and Suites
150.000 sqm
55 Mil $

5. 5 Stars Hotel
One of the Top 5 Hotels in Sharm El Sheikh
First Row at the Sea
Montaza Area
625 Rooms and Suites
120.000 sqm
85 Mil$

BUSINESS OPPORTUNITY
SES a resort
SES 32
SES 98
SES 6773
SES 2743
SES 5412
SES 2a60
SES 7811
SES 2039
SES 4412
SES 2615
SES 6366
SES 2d92
SES 47b5
SES 706a
SES 4218
SES grand oasis resort
SES 67 humidity
SES 2338
SES 8698
SES 8036
SES 4467
SES red sea egypt
SES zaman
SES savoy sharm el sheikh
SES sharm el sheikh 1
SES sharm el sheikh
SES sharm el sheikh 2
SES 3661
SES sharm el sheikh airplane
SES 2211
SES 5456
SES portal
SES 5897
SES 1244
SES 7493

Cliff Jacobs (Nat.Dpl.Hotel Man. (UJ). M.P.R.E.)

Managing Principal / CEO

Exquisite Hotel Consultants (Pty) Ltd

Mobile: +27 (0) 84 413 1071 / +27 (0) 61 716 6951

Landline: +27 (0) 21 554 0283

Emailcliff@exquisitehotelconsultants.com

Skype: cliff.jacobs

C/o Sybelstrasse 69

10629 Berlin

GERMANY

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