Every day the real estate market is flourishing and becoming one of the biggest sectors to invest your money in, whether you are a company or an individual. With the summer season starting, coastal towns attract attention more and more to invest in. There is no doubt that Egypt possesses some of the most fascinating beaches in the world. Whether the Mediterranean Sea which is famous for its white sandy beach with crashing waves or the sunny shore of the Red sea with all its unique sea life and its worldly famous diving spots. As a result, we witness the launch of new coastal captivating projects every year. But here comes the question which town is better? Should we go for the known North Coast or change directions and opt for the Red Sea coast?
Here, in this article, we will help you make the best decision that suits your preference and your needs. We decided to cut it short and provide you with a full comparison between investing in a second home on the North Coast or Ain El Sokhna.
What are the location advantages?
It’s known that location plays a huge role in the success of any coastal project. People often prefer to buy a second home in closer destinations so that they can use it as a getaway on weekends and short vacations. But on the other hand for longer vacations, holidaymakers prefer more remote summer destinations.
At this point, you have to decide on your essential needs for owning a coastal home. If you are someone who likes to plan for several vacation gateways throughout the year, then Ain Al Sokhna would be a suitable choice due to its proximity to Cairo It’s just about one hour and a half from Cairo.
Otherwise, if you are someone with a heavy schedule and get only to have one or two long vacations through the year, in this situation you may better consider The North coast. You will enjoy being away from the city and its noise, you will enjoy the relaxing sandy beaches and the waves of the Mediterranean Sea.
In both cases, you will be able to make use of your unit during periods that you are not using it. Whether on the North coast or Al the Sahel, renting your coastal home will be a very profitable project that can be easily managed.
A seasonal or year-round getaway?
Depending on your circumstances and the purposes you are buying the home for, you will be able to determine the better deal for you.
Ain Al Sokhna is located very close to Cairo city and is characterized by the ease of access in and out of the city. Also, Ain Al Sokhna is famous for its good weather it’s sunny and enjoyable all year round which makes it a good fit for someone who is searching for quick escapes and sudden and spontaneous getaway decisions. As well, if you are deciding on using your home as an investment will be able to make use of your unit for longer times during the year you will not be limited only to the summer season.
The North coast, on the other hand, remains closed to the summer month as it gets very cold and rainy during the winter season. Which makes it hard to plan a staycation during that time of the year. But for sure Al Sahel is a guaranteed investment if you decided to rent it during the summer. Some people will be willing to reserve your chalet or villa for a whole three months or even more. That way you will be allowed to explore new coastal destinations with your family while gaining extra money from a side hustle.
Facilities and amenities
After deciding on the location you may start looking at which place is more suitable and equipped with all facilities that you may need. The main aim for vacationers is to pass a good relaxing time being hassle-free. As a consequence when investing in a coastal home you will look for an integrated city that provides a wide range of facilities like restaurants, cafes, commercial centers, and maybe malls and cinemas.
The good news is that the North Coast and Ain Al Sokhna both are well-developed cities. After years of governmental and private investment, both destinations became whole and inclusive cities. The differences for sure shall remain, but you will be able to choose what suits your needs better.
Ain Al Sokhna is full of a good variety of restaurants and cafes that can serve your needs. And due to its closeness to Cairo, it easily can be provided with supplies in a very short time. We shouldn’t forget about famous aqua parks and yacht trips that can’t be done in any other place but the Red Sea.
North Coast on the other hand may not take the shape of a residential city but it reserves its unique fame due to its legendary nightlife. North Coast has a huge selection when it comes to restaurants, clubs, cinemas, etc. You may also know that due to its livability during the summer season, most brands and sponsors tend to relocate their locations to be El Sahel or even they open a branch dedicated to serving the North Coast.
It’s worth mentioning that due to the increased interest in buying vacation homes in the last decades, more investors planning on setting up their projects all around the coastal cities.
What about accessibility and infrastructure?
The country is benefitting from the National Roads Project including both regions the North coast and Ain Al Sokhna. The dangerous road along the Red Sea coastline was replaced by the Al Galala road which connects all red sea cities up to southern resorts around Hurghada. This brings more safety to your trips and makes the decision a lot easier. Regarding the North Coast, the launch of the El Fouka road will link Cairo and Marsa Matrouh which will minimize the drive time to the North Coast by 2hours.
Thinking about the resale market?
As we mentioned before property market is flourishing and prices are climbing with no sign to slow down. So either North Coast or Ain Al Sokhna your investment is guaranteed and get your money back doubled and maybe tripled.
First of all, Ain Al Sokhna will witness a big industrial movement after the launch of The New Administrative Capital. Also, the city will benefit from the new railway project that plans to connect Ain Al Sokhna with The new Capital and up until Alexandria. All these factors will play a vital role in increasing chalets and unit prices in Ain Al Sokhna city. Other than the organically increasing price levels in the North Coast, all Mediterranean shores will continue booming over the next years. Reselling any property in the north coast will be an easy job due to the influx of people towards El Sahel every season. Also, the New Alamein City will grab huge investments in this coastal area. To finalize this point, we are assuring you that new megaprojects planned by the government are on the horizon for both AL Sahel and Ain Al Sokhna which will ensure a significant price boost for all properties in both regions.
Here you have a full look over the coastal investment sector. We encourage you to take the step and benefit from the new project launches while the summer season is beginning to start.
For more articles about real estate investment, visit our guides’ page. Also, take a look at our latest projects through our website.
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