Ultimate Guide To: Buying Property In Hurghada

Ultimate Guide To: Buying Property In Hurghada

Buying Property In Hurghada – Ultimate Guide Last Updated 15th May 2017: When looking to buy a property in Hurghada it is very important to do your research. Most people will begin that search online. A quick Google search for “property in Hurghada” will pull up about 434,000 results. With so many results to look […]

Egypt tourism revenues rocket

Further evidence of a gradual improvement in Egypt’s external finances Egypt tourism receipts almost tripled and worker remittances rose in the last three months of its fiscal year, marking another step in the country’s economic recovery from a crippling dollar shortage. Tourism revenue rose to US$1.5 billion in the fourth quarter that ended June 30, from […]

A Day in Hurghada, Egypt

A Day in Hurghada, Egypt Egypt famously offers glimpses into an ancient past, but you’d be missing out if you didn’t combine a trip to the pyramids or a cruise down the Nile with a visit to this fishing village turned resort town. Situated on the pristine Red Sea, it offers some of the best […]

Bookings double to Marsa Alam and Hurghada in Egypt in June

The surge in German bookings for Egypt continued last month with three-digit growth for Hurghada and Marsa Alam, according to new figures. Antalya showed nearly 20% growth as last-minute Turkey sales picked up. The main Egyptian destination airport of Hurghada and the southern Red Sea resort of Marsa Alam were the big winners on the […]

Red Sea resorts set for high demand among European travellers

Forecast international seat capacities from Europe to Egypt in the six months from June to November are set to ramp up significantly, boding well for duty-free retailers and the beleaguered tourism market in certain destinations within the region, according to travel-retail intelligence service Counter Intelligence Retail (CIR). Scheduled international seat capacities from June to November […]

Like a phoenix, Egypt economy is rising from ashes

At first glance, software engineer Ahmed Elhaz, psychiatrist Mohammed El Shami and furniture maker Mahmoud Shaaban have little in common: One writes computer code, another provides counseling and the third uses carving tools to ply his trade. Yet all three are benefiting from an unexpected turnaround in Egypt’s long-suffering economy. The country recently made a […]

Newcastle International Airport reaches 2m passengers in 2017

Two months after welcoming one million passengers for 2017, Newcastle Airport continues to fly high, after passenger number two million travelled through the terminal. The North-East’s largest airport (UK), recently named the world’s most punctual for on-time performance, reached the latest landmark as passengers checked in for Thomas Cook’s new service to Hurghada. To mark […]

10 THINGS TO KNOW BEFORE COMING TO EGYPT

Recently a video has been doing that rounds on Facebook that was too good not to share. 10 THINGS TO KNOW BEFORE COMING TO EGYPT is a video created by Travel Blogger Sarah who left the UK, a secure job, a life of routine, and everything in between 5 years ago to travel the world. You can […]

How to open a Bank Account in Egypt

How to open a Bank Account in Egypt

Have you ever wondered how to open a bank account in Egypt? If you own a property in Egypt then the answer is likely YES! Regardless as to whether you live their yourself permanently, use the property as a holiday home for yourself and your family, or even if you own a property in Egypt to rent, […]

Thomas Cook cancels flights and holidays to Sharm el-Sheikh

Thomas Cook cancels flights and holidays to Sharm el-Sheikh

Thomas Cook has cancelled all its flights to Sharm El Sheikh for this winter and next summer. The decision to scrap the Egyptian destination is based on Foreign Office travel guidance, which advises against all but essential travel to the coastal resort. It is thought to affect around 300 passengers who had already booked their […]

Horse riding in the sea attracts tourists in Hurghada

Horse riding in the sea attracts tourists in Hurghada

Twenty years ago, three brothers from Fayoum Governorate came to Hurghada to work in tourism, wishing to have a project of their own and an extension of their favorite hobby, experience and their work in the breeding and training horses. They rented a place in one of the famous resorts which would be the headquarters […]

Why this Egyptian resort is becoming popular again with holidaymakers

Why this Egyptian resort is becoming popular again with holidaymakers

Thomas Cook has seen bookings to Hurghada shoot up by more than 100 per cent Egypt has become one of the fastest growing holiday hotspots for Mancunians this summer. Thomas Cook has revealed that bookings to the country have shot up by more than 109 per cent – with the Red Sea destination of Hurghada […]

Is now a good time to buy Real Estate in Egypt?

Is now a good time to buy Real Estate in Egypt?

Since the flotation of the Egyptian pound, real estate prices have shot up. On average, real estate developers have increased their prices in Egyptian pounds by 15-20%. Of course, if you calculate the prices of real estate in US dollars, the prices have significantly decreased. We frequently get asked: is now a good time to […]

Property Of The Month – March 2017

Property Of The Month – March 2017

Property Of The Month : March 2017 This month we have the beautiful beachfront resort of Royal Beach as our featured property. With huge savings to be made on all the remaining properties, from small studios to spacious two bedroom apartments. You can be saving over 45% when buying cash and 35% off all pool […]

Property Of The Month – February 2017

Property Of The Month – February 2017

Property Of The Month : February 2017 For the month of February Rivermead Global are giving 12% discount on all cash purchases here and 5% discount for buyers looking to pay over a 12 month payment plan.   About Sheraton Plaza Due completion at the end of March 2017, Sheraton Plaza is offering a unique opportunity to purchase an […]

Tiba View – Affordable Holiday Homes

Tiba View – Affordable Holiday Homes

If you have ever dreamed of owning your very own holiday home then why not take a closer look at our property of the month, Tiba View. These properties have already been reduced just before Christmas due to the weakened Egyptian Pound, the prices will increase back to normal levels when the currency stabilises, so […]

Property Of The Month : January 2017

Property Of The Month : January 2017

Property Of The Month : January 2017 Enjoy a huge 25% discount before the end of January 2017 when paying cash. About Tiba View Tiba View is one of the very latest projects to be launched in the Red Sea area. The resort is brought to you by an established award winning developer who has already completed 12 […]

Egypt in 20 best 2017 tourist destinations: Bloomberg

Egypt in 20 best 2017 tourist destinations: Bloomberg

Bloomberg website chose Egypt among 20 tourist destinations worth visiting in 2017, saying that after years of political turmoil, the country was now ready to receive tourists. “Want to get the pyramids all to yourself? Now’s the time to go to Egypt, which has shed its years of social and political unrest but has yet […]

Egyptian Property Tax Dec 2016

Egyptian Property Tax Dec 2016

In late 2016 we heard rumours of a new Egyptian Property Tax being introduced, details as usual were sketchy and mainly from people posting on Facebook.  It appeared some property owners were receiving tax bills and the Chinese Whispers went into overdrive about how the Egyptian Government were going to take properties back from foreigners […]

Studio Apartments in Hurghada

Studio Apartments in Hurghada

When it comes to buying a studio apartment in Hurghada, Rivermead Global are well placed to make finding the right property simple and straight forward. All our properties are freehold, each providing something different, being built be trusted developers and with no credit checks or mortgages needed, Rivermead Global make buying a studio apartment in […]

Special Offer on Tiba Resort and Tiba View

Special Offer on Tiba Resort and Tiba View

Save a massive 25% at Tiba Resort and Tiba View Rivermead Global Ltd are celebrating 10 years in the Hurghada Real Estate Market this December and we are delighted to be able to bring our clients an amazing offer on two of our most popular projects, Tiba Resort and Tiba View. Between now and the […]