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HMG enters Egypt realty market with major luxury project

Property leader launches residential resort in Sharm El Sheikh

SD

Dubai, UAE, September 20, 2015:

HMG Properties, a leading international UAE-based real estate group, has expanded its presence in Egypt with the launch of an ultra-luxury residential resort in the port city of Sharm El Sheikh.

The Sharm Vista Resort is an iconic project aimed at those desiring a “home-away-from-home” experience in the tourist-friendly city. Located in Nabaq Bay, in Sharm El Sheikh, and close to the Red Sea, the resort offers a rare combination of tourist attractions, natural surroundings, relaxation as well as luxury for the most discerning traveler.

The resort is minutes away from popular destinations such as Naama Bay, Soho Square, the new City Stars Luxury Mall and Hotel, the beach and the airport.

Raed Bourjass, CEO of HMG Properties, said that Egypt had emerged as an important investment destination with investor confidence returning to the country. “As Egypt becomes a magnet for foreign investment, cities such as Sharm El Sheikh are witnessing the growth of the luxury residential sector. While tourism is the main economic driver of the city, we believe that in the years to come, real estate here will appreciate faster than any other city in the country,” he added.

HMG Properties is a leading real estate group locally, regionally and internationally. It offers residential, investment and development Properties in the United States, United Kingdom and Spain. The group provides a full range of services for property registration, delivery of the ownership documents and legal papers professionally and safely at the office of the country where the purchase and sale process is accomplished.HMG Properties is a leading real estate group locally, regionally and internationally. It offers residential, investment and development Properties in the United States, United Kingdom and Spain. The group provides a full range of services for property registration, delivery of the ownership documents and legal papers professionally and safely at the office of the country where the purchase and sale process is accomplished.