Property Sharm El Sheikh

Sharm El Sheikh is situated on the shores of the beautiful Red Sea, on the Sinai Peninsula.

Within the last ten years a booming development in the tourist sector has completely changed the identity of Sharm El Sheikh. What was once a favoured place for fishermen to sort out their tremendous catches on a romantic isolated bay has developed into a luxury modern holiday resort most treasured by divers and sun-lovers.

Though Sharm El Sheikh, Ras Muhammad and Tiran Island appeared on Spanish maps in 1762, the first time Sharm El Sheikh made its way into the world’s media was in 1967, when Egypt’s President Gamal Abdel Nasser blocked the Strait of Tiran, cutting off Israel’s access to the Red Sea.

The blockade of this strategic point led to the Six Day War and the occupation of the Sinai by Israel. One year later in 1968 the Israelis built the settlement Ophira on the cliff of Ras Um Sidd. This today is the "old city" of Sharm El Sheikh.

Naama Bay known for its many de-luxe holiday resorts and the centre of activity, means “pleasant” in Hebrew, and a slightly different pronunciation leads to the Arabic word for ostrich. The ostrich has been common in the region before the land became more and more arid.

Sharm El Sheikh can be divided into three main regions. The port is located in the Bay of Sharm El Maya. The harbour is under military surveillance. Egyptian forces and the Multinational Observer Forces (MFO) - mainly Italians – control this important strategic point.

Many private yachts and pleasure boats anchor here - the number constantly increasing - ready to take scuba divers out to the amazing reefs and to the National Park of Ras Muhammad, one of the world’s most famous dive sites. Ras Muhammad National Park was created in 1983 to protect coral reefs and the fragile environment.

Ras Um Sidd is famous for its coral reefs and the very high cliff, where many exclusive hotels have been built and still many are under construction.

On top of the cliff, in El Hadaba, villas, apartments and recently constructed condominiums are providing the Sharmers with accommodation and offices. The area is developing with new hotel establishments. The municipality, the post office and telecommunication centre are located here.