‘Hurghadians’ can’t help but return to their second home

Attracting thousands of travelers every year, Hurghada seems to cast a spell on tourists as one of Egypt’s leading holiday destinations. Some visitors are so attached to Hurghada’s magnetic charms that they can’t help but to keep coming back. Michel Van Haarlem, a member of the “Hurghadians” Facebook page, is a Dutch citizen with an […]

17,000 tourists arrive in Hurghada Thursday

With the start of winter season, Hurghada Airport saw 17,000 tourists arrive on 84 flights on Thursday, Airport sources reported. German, English, and Ukrainian tourists recorded the highest numbers, the sources added. On Thursday, Safaga Port Authority received the German Mein Schiff cruise ship, the seventh largest tourist ship in the world, carrying three thousand tourists […]

Red Sea gov. to support accessible tourism in 2018 economic conference

HURGHADA – 8 November 2017: The governorate of Red Sea announced Tuesday that a world accessible tourism complex will be introduced to be established during an international economic conference in Hurghada, slated for January 2018. Accessible tourism is the ongoing endeavor to ensure tourist destinations, products and services are accessible to all people, regardless of […]

Thomas Cook resumes flights to Hurghada over growing British demand

British travel company Thomas Cook announced resuming its air flights to Marsa Alam International Airport, starting October 30 after a nine-year suspension since 2008. According to the famous firm, this discussion came as a result of the rapid growth of holiday demand in Hurghada city, Red Sea governorate, which witnessed a 113% increase for the […]

British, German tourists flock to Hurghada, Marsa Alam

Marsa Alam airport welcomed the first British tour coming from Gatwick and Birmingham through the international travel agency Thomas Cook last week. Marsa Alam airport received around 2,016 passengers from Gatwick to Marsa Alam, while Hurghada airport received about 60 percent of Germany’s flow of tourists to Egypt. Thomas Cook organizes two weekly tours from […]

Egypt Ranks First in ‘Where to invest in Africa 2018’ List

Egypt has replaced South Africa and made it to the top of “Where to invest in Africa in 2018” list released by the Rand Merchant Bank (RMB) South Africa is now second on the list. RMB said in a report, “Egypt displaced South Africa because of its superior economic activity score and sluggish growth rates […]

Egypt makes fresh play for UK tourists

The Egyptian State Tourist Authority is to launch a new UK campaign to capitalise on renewed and growing interest in the destination. With summer over and travellers on the hunt for winter sun bargains, it is the optimum period for Egypt to remind travellers of its year-round, summer-like conditions. UK visitation to Egypt rose by […]

Egypt’s tourism revenues jumped 211.8 % year on year in first nine months of 2017

Egypt’s tourism revenues jumped 211.8 percent year on year to $5.3 billion in the first nine months of 2017, a government official said on Wednesday, as the industry starts to recover after years of political upheaval that drove visitors away. The tourism sector is one of the country’s main sources of foreign currency but it […]

Acciona Energía and Swicorp sign PPAs for 186MW of solar in Egypt

Acciona Energía and Saudi Arabian firm Swicorp, via renewable energy platform Enara Bahrain, are to build and own three solar PV plants with a combined capacity of 186MW in the Benban solar complex in Aswan, Egypt. The three 50MWac (62MWp) plants, requiring US$180 million investment, will be equipped with190,774 polycrystalline silicon modules from Jinko Solar, mounted […]

Egypt plans to renew $2B agreement with international banks

CAIRO- 18 October 2017: Egypt plans to renew a two-billion-dollar agreement with international banks for an extra year to maintain Egypt’s foreign reserves, Finance Minister Amr el Garhy said. During a meeting with a number of investors in New York city on Tuesday, Garhy said the original two-billion-dollar repurchase agreement was signed in November 2016. […]

Thomas Cook to resume flights to Marsa Alam after 9-year suspension

The UK airline company Thomas Cook has announced that it will resume flights to Marsa Alam Airport on October 21, after a nine years suspension of flights to the city since 2008. The airline will operate two flights weekly during the winter season, from the cities of Birmingham on Mondays and Gatwick on Thursdays. The […]

Uber says committed to Egypt, announces $20 million investment

Uber is committed to Egypt despite challenges presented by sweeping economic reforms and record inflation, the company said on Tuesday as it announced $20 million of investment in its new support center in Cairo. The Egyptian pound has lost half its value and fuel prices have jumped by up to 50 percent since the North […]

JICA funds solar power plant in Hurghada with $60m

The Japanese International Cooperation Agency (JICA) has approved funding a solar power plant in Hurghada for $60m after the project was halted for over two years. Mohamed El Khayat, the chairperson of the New and Renewable Energy Authority (NREA), said that contracting took place with an advisor of the project to establish a solar power […]

Real estate prices is a mirror for the inflation: Colliers International

Real estate prices will still go up due to the inflation that came as a result of the currency devaluation, according to Regional Director at Colliers International Middle East and North Africa Ian Albert. Colliers International is a global commercial real estate company. In an interview with Daily News Egypt, Albert said that the there […]

Thomas Cook to attract 1.5m tourists to Egypt in 2018

Thomas Cook Tourism in the UK aims to attract 1.5 million tourists from all European cities to Egypt in 2018, which is 70% higher than the target for 2017. Hossam El-Shaer, chairperson of Thomas Cook’s agent in Egypt Blue Sky Travel Agency and owner of the Sunrise Inn, said that the arrivals through Thomas Cook […]

‘This is Egypt’ Wins UN Award For Best Tourism Promo Video in the Middle East

‘This is Egypt’ Wins UN Award For Best Tourism Promo Video in the Middle East

The widely popular “This is Egypt” campaign was awarded the title of Best Tourism Promotional Video in the Middle East at the World Tourism Organization’s 22nd General Assembly in China over the weekend. In another win for Egypt’s tourism industry this year, the video was chosen for the award out of 63 nominations, and presented to Egypt’s […]

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 […]

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 […]

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 […]

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 […]

New secrets of the Great Pyramid of Giza

ScanPyramids Mission Teaser_English Version from HIP Institute on Vimeo. The Great Pyramid of Khufu is one of the largest structures built by man even today 4,500 years since its construction.  It is estimated that 2.3 million blocks averaging 2.5 tonnes a piece were used in the building the Pyramid with weights of the blocks ranging […]

Low cost self catering accommodation in Hurghada

Low cost self catering accommodation in Hurghada

Why Rent At Tiba Resort Tiba Resort located in Al Ahyaa Hurghada is going to make an ideal apart-hotel for those taking part in the many outdoor activities available on the Red Sea Riviera.  With 2 large swimming pools, large sunbathing areas, a host of great facilities and one of the best Kitesurfing Clubs (Play […]

Hurghada update Post Brexit

Hurghada update Post Brexit

After the Brexit vote, Rivermead Global Ltd like every other business thought “so what is this going to do for our business?” as we market properties outside the EU we didn’t think it would affect us that much, we were wrong! It has had a huge positive effect for us, we have seen an increase […]

The 2016 IKA Kiteboarding World Championships are coming to Egypt

The 2016 IKA Kiteboarding World Championships are coming to Egypt

The gated resort of El Gouna, within the Red Sea Governorate of Hurghada has been chosen as the venue for the First Round of the International Kiteboarding Association (IKA) 2016 World Championships.  This is amazing news for Hurghada and Egypt and highlights just how good the kiteboarding conditions are in this fantastic destination on The […]

Dive Sites In Hurghada : Island Hideaways

Dive Sites In Hurghada : Island Hideaways

The islands and reefs around Hurghada provide an opportunity to enjoy brisk drifts and easy bimbles in close proximity. Here’s two Red Sea classic dive sites in Hurghada… 1 Small Giftun Drift Looking across the sea from Hurghada, the view is dominated by the Giftun Islands. Small Giftun Island is, naturally, the smaller of the two […]

Bella Vista Resort Hotel Hurghada, Egypt, the facts

Bella Vista Resort Hotel Hurghada, Egypt, the facts

On Friday 8th January 2016, I like others saw breaking news headlines of a terrorist attack on a hotel in Hurghada (Bella Vista Resort Hotel).  The headlines read “ISIS Gunmen Storm Hurghada Hotel, Killing Tourists” then the Chinese Whispers took over and I heard stories of terrorists coming out of the Red Sea like in […]

Ultimate Guide To: Buying Property In Altinkum

Ultimate Guide To: Buying Property In Altinkum

Buying Property In Altinkum – Ultimate Guide When looking to buy a property in Altinkum Turkey it is very important to do your research. Most people will begin that search online. A quick Google search for property in Altinkum  will pull up about 348,000 results. With so many results to look at it can be […]

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, whether it be an apartment or villa, 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 […]

Off Plan Property In Egypt

Off Plan Property In Egypt LAST UPDATED April 16th 2016 : The latest resort to be launched in the Red Sea is Tiba View in Hurghada When buying Off Plan Property in Egypt, or any other country for that matter, it is important to consider the following things. Legality This point can not be stressed […]

6 Reasons to Buy Property in Turkey – (especially reason #2)

6 Reasons to Buy Property in Turkey – (especially reason #2)

6 Reasons to Buy Property in Turkey Finding a perfect place to live or spend time with their families overseas is a common desire by most people. Everyone wants to live in a home that is safe and complemented by an alluring and friendly neighborhood. With so many countries to choose from around the world, […]

Increasing Tourism Levels in Turkey – Great news for investors

Travel and Tourism industry’s contribution to the Global GDP was more than 2 trillion US dollars, adding 2.9% to the global GDP in 2012. The World Travel & Tourism Council forecasts that the total contribution of travel and tourism to the GDP will reach USD 10.5 trillion by 2023 which in simple terms is a […]

Sisi wins Egyptian presidential election with ease

Former Army chief Abdel Fatah al-Sisi is reported to have won the latest Egyptian presidential election with over 90% of the votes, a huge victory and one that shows how united the Egyptian people are in getting behind Sisi and his promise of a positive change for Egypt. This landslide victory, though impressive, came as […]

Egypt, why to go now

Egypt, why to go now

Turmoil in Egypt has triggered a sharp fall in tourist numbers, but it is still safe, and if you go now you’ll have its treasures all to yourself The sun is soft and warm as I write this. It hangs delicately a little way above the westerly line of palms, mango and guava trees. The […]

Property in Akbuk, Turkey

Property in Akbuk, Turkey

Akbuk – Turkey Akbuk the secret treasure of the Aegean Coast of Turkey is fast becoming one of the most sought after tourism destinations. Akbuk retains the feeling of a small traditional fishing village, legendary for its Crystal Clear Turquoise Sea and renowned for its hospitality and friendliness. Akbuk, located between Bodrum, Altinkum and Didim […]

Monarch flights to Hurghada increasing in 2014

Monarch flights to Hurghada increasing in 2014

Monarch, the leading scheduled leisure airline, has announced an expansion of its route network for summer 2014.   A number of new destinations will operate for the first time, while some existing destinations will be served from more airports, one of these destinations being Hurghada, which is great news for Egypts tourism. Since the beginning of […]

CYPRUS TOURISM FUTURE IS POSITIVE

CYPRUS TOURISM FUTURE IS POSITIVE

Cyprus’ tourism industry is looking positive for 2014 and is expected to boost the country’s GDP as a result. At the recent opening of the 38th Cyprus International State Fair, Cyprus’ Minister of Energy, Commerce, Industry and Tourism Giorgos Lakkotrypis declared the country’s outlook to be positive for 2014. He commented: “Prospects for 2014 and […]

Furnishing a Small Studio in Hurghada, Egypt

Furnishing a Small Studio in Hurghada, Egypt

  There are some fantastic property deals currently available in the Red Sea Resorts of Hurghada, with small Studios from as little as £6,200.  However, as you would expect at this price these are not large spacious apartments and when it comes to making the most from the property, you really need to think carefully […]

CYPRUS STILL A TOURISM FAVOURITE FOR WINTER SUN

CYPRUS STILL A TOURISM FAVOURITE FOR WINTER SUN

Cyprus is still considered a great destination for tourists to choose when seeking winter sun, according to Breaking Travel News. Holiday website loveholidays.com has recommended Cyprus due to its affordable prices, high temperatures and consistently sunny weather making it popular with many tourists including British visitors. Al Francis, CEO of loveholidays.com commented: “Cyprus has always […]

TURKISH TOURISM CHIEFS TO LAUNCH NEW CAMPAIGN

TURKISH TOURISM CHIEFS TO LAUNCH NEW CAMPAIGN

The Turkish Ministry of Culture and Tourism is planning to launch a new global campaign to celebrate the country’s economic growth and tourism attractions. A director at the Turkish Ministry of Culture and Tourism UK office, Dr Aysegul Gurgezoglu, commented: “We would like to have a strong campaign that promotes Turkey’s heritage and tourism attractions, […]

TWO BEDROOM PROPERTIES IN TURKEY

TWO BEDROOM PROPERTIES IN TURKEY

Turkey is currently enjoying climbing tourism figures as more visitors arrive in the country seeking sunshine on the beautiful beaches of Altinkum and Akbuk. As the property laws in Turkey have recently relaxed it has allowed more international buyers to access the real estate market, which has resulted in a huge sales increase. One area […]

LUXURY PROPERTIES IN EGYPT

Luxury finishes combined with picturesque views can turn a regular property abroad into a dream holiday home. High quality interiors with superb design have started to become the norm with many foreign developments and Egypt’s offerings are no different. Prime locations such as the Red Sea’s Hurghada and Sahl Hasheesh are the latest destinations Rivermead […]

TURKEY OFFERS GREAT RETURNS FOR INVESTORS

TURKEY OFFERS GREAT RETURNS FOR INVESTORS

The demand for property is constantly increasing with more investors wanting quality homes. Professor Unsal Ban added that people now want more from the property sector with the addition of more social and recreational areas as well as smart homes.

CYPRUS MINISTER APPLAUDS LIMASSOL MARINA PROGRESS

CYPRUS MINISTER APPLAUDS LIMASSOL MARINA PROGRESS

The new Limassol Marina has attracted attention and praise from government officials including Cyprus’ Minister of Energy, Commerce, Industry and Tourism Yiorgos Lakkotrypis. The success of the marina has excited Cyprus’ tourism industry as the area is expected to attract hundreds of visitors from around the globe. Mr Lakkotrypis and his Steering Committee for Marinas […]

TURKEY PROPERTY PRICES ON THE RISE

Turkey’s real estate market is seeing strong growth with recorded house price figures hitting double digits, including an increase of 12.2 percent announced in May 2013. Turkey has always enjoyed steady house price growth rates since the beginning of the house price index in 2010. Figures have rarely, if at all, dropped below 10 percent […]

MES: Modern Egyptian School in Al Ahyaa, Hurghada

MES is a new international school under British management. Using state of the art curriculum, motivating and enlightening the young minds of its students. The MES students will be educated by highly qualified academic teachers, both foreign and Egyptian, through fun and activity. The MES campus will have a safe, enjoyable green playground for the […]

LUXURY PROPERTY IN CYPRUS

LUXURY PROPERTY IN CYPRUS

Luxury properties are having their moment in the spotlight as interest in the property market shifts. Here at Rivermead Global we have seen more and more developments offering high-end finishes and luxury design as the demand increases. Cyprus is the latest country to offer beautifully finished villas and apartments in a luxury setting with stunning […]

NEW FLIGHT PATH TO CYPRUS IMPROVES LINKS WITH UK

NEW FLIGHT PATH TO CYPRUS IMPROVES LINKS WITH UK

Cyprus’ Larnaca Airport is the latest addition to the EasyJet list of destinations following the agreement of a nine-year deal with Liverpool John Lennon Airport. The new agreement aims to expand the Liverpool based company and will see new flight paths to Larnaca from the beginning of November, which coincides with the winter sun season. […]

HURGHADA TWO BEDROOM APARTMENTS

HURGHADA TWO BEDROOM APARTMENTS

Hurghada is situated along the beautiful Red Sea and has long been a holiday favourite with tourists. The area has become a property success for many international investors who have bought property either as a holiday home or as a buy-to-let. With an increase in flights from various airlines making the journey to Egypt the […]

CYPRUS PASSENGER TRAFFIC GOING IN THE RIGHT DIRECTION

Cyprus has seen a notable increase in incoming passenger traffic through the country’s two international airports. There has been a 5.5 percent rise compared to the same period in 2011, according to an official statement from Hermes Airports. A recent press release stated “This improvement in traffic is due mainly to the Easter holidays, the […]

A GUIDE TO TURKEY PROPERTY

A GUIDE TO TURKEY PROPERTY

Turkey has become an increasingly popular holiday destination attracting holidaymakers from the UK and all over Europe. Nestled between the Aegean Sea and the Mediterranean, Turkey has excellent weather and a stunning coastline. It has become a huge hit with tourists and property investors alike. With numerous airlines flying direct, Turkey is not short of […]

INSPECTION TRIPS TO HURGHADA

INSPECTION TRIPS TO HURGHADA

Buying property or moving abroad can be a daunting experience for anybody. To truly discover a region we advise you do an inspection trip. For popular destinations such as Egypt’s Hurghada, it can be difficult to gain an understanding from a few pictures on a website or a brochure. Inspection trips can set you up […]

TURKISH EMBASSY LAUNCHES NEW TOURISM CAMPAIGN

TURKISH EMBASSY LAUNCHES NEW TOURISM CAMPAIGN

INVESTORS STAND TO GAIN AS TURKISH EMBASSY LAUNCHES NEW TOURISM CAMPAIGN IN INDIAN MARKET The Turkish Embassy in New Delhi has launched a new campaign promoting Turkey as a tourist destination to Indian travellers. The pan-India advertising campaign entitled ‘Million Reasons’ incorporates a 30 second television advert reinforced by online, print and outdoor promotions that […]

PROPERTY INVESTORS BOUYANT AS ASIAN TOURIST MARKET OPENS UP TO CYPRUS

The Cyprus Tourism Organisation (CTO) has announced that the first tourist arrivals from Hong Kong are expected to travel to Cyprus in 2014, according to the Famagusta Gazette. The Chairman of the Board of Directors at the CTO, Alecos Orountiotis, recently met with a number of tour operators from Hong Kong to discuss possible airline […]

TURKISH PROPERTY INVESTMENT MADE SIMPLER WITH ONE-YEAR VISA

Residence permits for property buyers in Turkey will be extended from three months to one year, according to an announcement in the Official Gazette. Foreigners who purchase urban and beachfront real estate in Turkey are now able to obtain residence permits of up to one year, which is consistent with a new legislation in the […]

EGYPT PROPERTY INVESTORS TO BENEFIT FROM NEW TOURISM STRATEGY

Egypt’s Tourism Minister Hisham Zaazou has announced the country is launching various measures to push tourism rates to 2010 levels and drive more investments into the Egyptian market. The conference was in association with the Ministry of Tourism and Egyptian Tourist Authority, and the announced tourism strategy is expected to see international investors benefit from […]

CYPRUS PROPERTY INVESTORS EXPECTED TO GAIN FROM SUSTAINABLE TOURISM INITIATIVES

CYPRUS PROPERTY INVESTORS EXPECTED TO GAIN FROM SUSTAINABLE TOURISM INITIATIVES

Cyprus has been involved in a pilot project entitled ‘Greener Beaches’ to cement the country’s reputation as a destination of sustainable tourism excellence. The trial project has been implemented at two of Cyprus’ preferred beaches in the Famagusta district: Nissi Beach in Ayia Napa and Fig Tree Bay in Protaras. The goal of the project […]

INVESTORS ASSURED AS TOURIST NUMBERS IN EGYPT GROWS BY 12 %

INVESTORS ASSURED AS TOURIST NUMBERS IN EGYPT  GROWS BY 12 %

The Central Agency for Public Mobilisation and Statistics (CAPMAS) has reported this week that the number of tourists visiting Egypt in February 2013 has increased by 12 percent compared to February 2012. The agency also revealed that a total of 845,000 tourists visited Egypt in February 2013, which is an increase on the 753,000 tourists […]

BUSINESS MONITOR INTERNATIONAL REVEALS FUTURE IS BRIGHT FOR TURKEY

BUSINESS MONITOR INTERNATIONAL REVEALS FUTURE IS BRIGHT FOR TURKEY

According to Business Monitor International (BMI) last year saw a total of 31,782,832 tourists visit Turkey, signifying a steady growth of 1.04 percent. The outlook for Turkish tourism also looks positive for 2013 to 2017 with BMI predicting an increase of 3.5 percent in total tourist arrivals. The outcome of foreign visitor-flow over the forecast […]

CYPRUS TOURISM ORGANISATION DEDICATED TO GROWTH

CYPRUS TOURISM ORGANISATION DEDICATED TO GROWTH

Alecos Orountiotis, President of the Cyprus Tourism Organisation (CTO), has revealed how Cyprus continues to be an attractive tourist destination. This declaration was made whilst Orountiotis addressed the Parliamentary Committee on Financial and Budgetary Affairs. Following a Eurogroup decision, the CTO has been in touch with tour operators abroad to promote Cyprus as an appealing […]

TURKISH AIRLINES PROMOTES WINTER TOURISM CAMPAIGN

TURKISH AIRLINES PROMOTES WINTER TOURISM CAMPAIGN

Turkish Airlines is marketing Turkey’s popular winter holiday activities through a new ‘Winter in Turkey’ campaign, which will offer tourists competitive deals and prices. The national air carrier in Turkey is one of the world’s fastest growing airlines and covers over 200 destinations around the world. The campaign is expected to complement the year-round tourism […]

TURKEY’S RISING TOURISM FIGURES IMPRESSES INVESTORS

TURKEY’S RISING TOURISM FIGURES IMPRESSES INVESTORS

Turkey has had a successful few months for tourism with both the number of foreign visitors and tourist revenues increasing, according to news agency Reuters. The number of tourist arrivals in Turkey grew by an impressive 12.43 percent in December 2012, which has resulted in attracting the attention of investors across the globe. The total […]

TURKEY SETS ITS SIGHTS ON GLOBALTOURISM LIST

Turkey is vying for a place in the top five countries in the world that attract the greatest number of tourist visitors each year after enjoying a steady rise in foreign arrivals over the past decade. Turkish Tourism Minister Ertugrul Günay announced Turkey’s intention to remain competitive in the global tourism market at the opening […]

SOLID LEVELS OF INVESTMENT IN CYPRIOT PROPERTY MARKET

SOLID LEVELS OF INVESTMENT IN CYPRIOT PROPERTY MARKET

Efforts to open up the property market in Cyprus to new overseas markets have had success with increases in property purchases by foreign nationals. According to government figures, over 400 contracts of sale were deposited and the number of properties purchased by overseas buyers has increased by more than two thirds. Total sales of property […]

TURKEY BECOMES TOP INTERNATIONAL DESTINATION FOR REAL ESTATE

TURKEY BECOMES TOP INTERNATIONAL DESTINATION FOR REAL ESTATE

The Turkish property market is making its way up the overseas property ladder and has become one of the most attractive investment destinations for real estate. The Association of Real Estate Investment Partners (GYODER) has reported that Turkish property prices are currently increasing by 10-12 percent each year and have been increasing month-in-month-out for the […]

MORE DIRECT FLIGHTS TO CYPRUS IN 2013

MORE DIRECT FLIGHTS TO CYPRUS IN 2013

Cyprus is expecting an increase in tourist arrivals in 2013 due to the increased availability of direct flights to the island. The Cypriot government has also made efforts to diversify the tourism offering available in Cyprus. Tourism Minister Efthymios Flourenzou stated that solid bookings have already been made for 2013 by British tourists and the […]

TURKISH TOURISM WAS A GREAT SUCCESS IN 2012

TURKISH TOURISM WAS A GREAT SUCCESS IN 2012

2012 has been a successful year for Turkish tourism with visitors flooding to the Mediterranean country from all over the world. The tourist visitor figures for 2012 have seen an increase on those recorded in 2011 and there are high expectations for the year to come. In the January-November period of 2012, Turkey attracted over […]

TOP TEN ACTIVITIES IN HURGHADA

TOP TEN ACTIVITIES IN HURGHADA

The beautiful Red Sea attracts thousands of tourists every year and Hurghada has become a popular destination as it offers holidaymakers the chance to unwind and relax with its picturesque beaches and crystal clear warm waters. Yet for those of you who fancy a change from relaxing on the beach there is a plethora of […]

TURKEY ATTRACTS INVESTMENT TO FUEL REAL ESTATE BOOM

TURKEY ATTRACTS INVESTMENT TO FUEL REAL ESTATE BOOM

Turkey aims to attract further investment to continue growth in its property sector according to news agency Bloomberg. The Turkish government expects to attract at least $10 billion in investment in the sector each year, which is already looking healthy due to continued increases in property prices that are currently over 10 percent compared to […]

PRESIDENT MURSI BOOSTS EGYPT’S CULTURAL TOURISM

PRESIDENT MURSI BOOSTS EGYPT’S CULTURAL TOURISM

The Egyptian government has committed to boosting Egypt’s cultural tourism at a ceremony marking the 90th anniversary of the discovery of Tutankhamun’s tomb. The Ministry of Tourism is looking to diversify the tourism offerings in Egypt and open the country up to new markets. The ministry recognises cultural tourism as an area with great potential […]

CYPRUS A FIRM FAVOURITE WITH INTERNATIONAL INVESTORS

CYPRUS A FIRM FAVOURITE WITH INTERNATIONAL INVESTORS

Cyprus is firmly back in the spotlight for international property investors according to recent figures published by overseas property portal themovechannel.com. The recent Top of the Props Chart confirmed Cyprus’ popularity as an investment destination by ranking it in sixth place for the total number of enquiries made on the site during the month. Turkey […]

TURKEY SEES INCREASE IN FOREIGN ARRIVALS

TURKEY SEES INCREASE IN FOREIGN ARRIVALS

  The number of tourists visiting Turkey has continued to rise according to recent figures from the Tourism Ministry, confirming that the country’s booming tourism industry is continuing to buck the global trend. Foreign arrivals to Turkey increased by 0.37 percent year-on-year in October to an impressive 3.05 million. The upwards trend follows on from […]

2013 TO BE A POSITIVE YEAR FOR TOURISM IN CYPRUS

2013 TO BE A POSITIVE YEAR FOR TOURISM IN CYPRUS

Next year will prove to be another excellent year for tourism in Cyprus, according to the Cyprus Tourism Organisation (CTO). CTO Vice President George Mindis made the announcement at a conference arranged by the European Economic and Social Committee. Mindis stated that the tourism sector is vital to the future of Cyprus as it supports the […]

CYPRUS INTRODUCES FAST TRACK VISAS FOR PROPERTY INVESTORS

Cyprus has introduced a fast track procedure allowing individuals to acquire a permanent residence permit on an accelerated basis. The open invitation for a permanent residency visa means that third country nationals who purchase immovable property in Cyprus for €300,000 or more as their own residence and who can demonstrate an adequate secure income from […]

CYPRUS TOURIST ARRIVALS STILL ON THE INCREASE

Cyprus is still seeing an increase in tourist arrivals into the country and revenues from tourism, according to Cyprus’ Tourism Organisation (CTO) President Alekos Orountiotis. Orountiotis stated that the total tourist arrivals in Cyprus for 2012 saw an increase between 3.5 percent and 4 percent when compared with those from 2011. Also correlated with this […]

BEACH TOURISM IN EGYPT IS HERE TO STAY

With the increase in tourists to the Red Sea region, the real estate market in areas like Hurghada and Sahl Hasheesh are continuing to offer great returns for investors. Property in Egypt is providing a wealth of opportunity for those willing to invest and many are already seeing the rewards.

MORE GOOD NEWS FOR EGYPT AS STOCKS RISE

With a new government in place the country is now looking stronger than ever and it is proving to be a great investment opportunity where many investors are reaping the rewards of owning a property in Egypt.

TURKISH STOCK DELIVERS MASSIVE RETURNS

Turkey is currently proving to be a great investment in the current economic climate. As other countries struggle with debt Turkey is showing great promise, especially in property.

TURKISH PROPERTY INVESTMENT RISES THROUGHOUT SUMMER

Turkey is now beginning to outperform countries like Spain and France in terms of investment after both countries have experienced difficulties during the tough economic climate. Despite property prices rising in Turkey they still remain affordable and offer a great investment into a country with a booming economy and tourist industry.

NEW WATERSPORT BRINGS MORE TOURISTS TO EGYPT

Red Sea resorts in Hurghada and El Gouna are experiencing more tourists visiting the area to try out the new sport, which has become increasingly popular with water sports enthusiasts.

EASYJET ANNOUNCE EGYPT HOLIDAY BOUNCE-BACK

More than 12 million tourists are expected to visit Egypt by the end of 2012, a 23 percent rise on the previous year. The rise in tourists is good news for the country’s economy and has spread optimism across Egypt.

NEW LAW SEES IMPRESSIVE RISE IN TURKISH PROPERTY INVESTMENT

With more tourists now visiting the country and an increased number of property investors being able to buy real estate, Turkey is certainly going in the right direction for a booming economy.

EGYPTIAN TOURISM FIGURE IMPRESSES INTERNATIONAL INVESTORS

The news has caught the eyes of international investors, who are keen to take advantage of Egypt’s reasonably priced property sector before prices start to rise now the elections are over and business resumes back to normal.

THE VALUE OF PROPERTY IN TURKEY RISES AGAIN

These factors are making Turkey one of the best countries to invest in and buyers are taking advantage of the good opportunity before property prices rise even further.

KITEBOARDING SURGES IN POPULARITY IN EGYPT

Egypt is internationally known to have the best weather conditions to learn and practise the sport with its all year round sun and crystal clear waters.

Port Ghalib: The secret Red Sea resort

People who visit Port Ghalib will experience lavish surroundings mixed in with the traditional Egyptian way of life and most visitors leave the resort wanting to return

EGYPT TOURISM FIGURES INCREASE BY 30%

The number of tourists visiting Egypt in April reached 1.4 million and hoteliers in the Red Sea resorts have reported high occupancy levels.

HEALTHY GROWTH FOR EGYPT IN COMING FISCAL YEAR

Egypt has enjoyed a tourism increase of 32 percent in the first quarter of 2012 showing signs that the country has bounced back from the revolution in 2011.

EGYPT PROPERTY SEES SURGE IN INTEREST FROM BRITISH INVESTORS

The positive news has followed another great report from The Telegraph newspaper, which has recently revealed Egypt is leading the global markets in 2012.

TURKEY EXPECTING TOURISM INCOME TO RISE TO $25 BILLION

Tourism in the country is expected to rise despite the eurozone crisis and with foreign investment across all sectors hitting $15.9 billion last year, 2012 is expected to see Turkey’s investment figure rise even further.

EGYPTIAN RESORTS SEE OCCUPANCY LEVELS RISE TO 80%

Egypt’s tourism sector welcomed its highest number of tourists in 2010 and the news that the same levels of tourists are returning in 2012 has pleased investors.

LAW CHANGE BROADENS TURKISH PROPERTY DEMAND

Turkish property will be in further demand after the announcement that foreign buyers will also be able to purchase more property than is currently allowed.

NUMBER OF TOURISTS VISITING EGYPT IN 2012 RISES BY 32%

Tourist numbers in Egypt have increased by 32 percent compared to the first quarter in 2011, rising from 1,894,044 to 2,500,301 tourists in 2012.

TURKEY A GOOD TARGET FOR INVESTORS AS PROPERTY PRICES RISE

Property prices in Turkey have risen by 0.78 percent in February compared to January this year showing real estate in the country is a good opportunity for property investors.