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05-03-2010
With Sharm el-Sheikh being better known as a holiday destination than Hurghada, there will always be a number of clients who prefer to buy in Sharm no matter how attractive the deals are in Hurghada.
Prices in Sharm tend to be higher than in Hurghada which has been a barrier to sales in a lot of instances as prices were simply outside the reach of many clients.
For these clients who love Sharm but have limited resources, Monna Resort is the ideal development for them due to the fact that prices/m2 are low and unit sizes are small - the result being that it is now possible for buyers to purchase in Sharm for as little as GBP23,000 for the first time in many years.
Although Monna is very affordable, this is not to say that it is a poor development. The resort has all of the facilities that one would expect from a world class resort, and excellent long-term capital appreciation is guaranteed from the fact that a vast new luxurious international tourist town is being built right next to the resort.
Monna is the fastest selling development in Sharm right now - hardly surprising considering all of its advantages.
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