Have you ever considered a home on the Red Sea? Do you even know where the Red Sea is?
Sharm El Sheikh is located at the tip of the Sinai Peninsula, in Egypt, where the Gulf of Suez and Gulf of Aqaba meet. It is oft called the "City of Peace" because it was the site for many peace summits. It was formerly a commercial fishing port but has morphed into the "green capital' of the Middle East. The Red Sea has militant environmental laws and prohibits the taking of marine wildlife.
All is not peachy there. In 2005, 64 people were killed by a suicide bomber in the "Old Market" section of the city. Israel has issued a terrorism warning because of the bombings.Surprisingly, tourism has not dropped. Sharm El Sheikh is considered the yachting and diving capital of the Red Sea.
Less than 3 hours away is Mount Sinai, the location where Moses was given the Ten Commandments. I have to think that's a must see if you consider property there. I mean, why not visit the original source for the legal system while you're there?
Red Sea Real Estate has a site that aggregates the property listings and new developments for you. They claim that their real estate network is comprised of agents who are Graduates of the Realtor Institute (GRI), a prestigious designation in real estate brokerage. They maintain a weblog highlighting these offerings and have started to become frequent commenters in the real estate weblog world. Their office is on Neama Bay, near the KFC, McDonald's, Pizza Hut, and Hard Rock Cafe.
This article was cross-posted on The Active Rain Real Estate Network
