At Sunny Group Developers, success stories are built on passion, trust, and long-term experience. One of the strongest examples of this is our top Italian real estate consultant, Simona, who has been shaping the property market in Sharm El Sheikh for over two decades.
In this exclusive interview, Simona shares her journey, her perspective on the Sharm El Sheikh real estate market, and why she believes this city remains one of the best investment destinations for foreign buyers.
Watch full interview below:
https://youtu.be/CqGkVZJZLF0?si=FddbnfzpAifKf8TU
The Beginning of a Remarkable Journey
Simona first arrived in Sharm El Sheikh 24 years ago. What started as a visit soon became a life-changing opportunity. Through an Egyptian friend, she was introduced to the real estate sector — a completely new field for her at the time. What she discovered was more than just a career. She found a passion.
Over the years, Simona has grown into one of the most trusted real estate agents in Sharm El Sheikh, helping hundreds of international clients find their ideal properties along the Red Sea.
Why She Still Chooses Sharm El Sheikh After 24 Years
When asked what keeps her in Sharm El Sheikh after all these years, her answer is immediate: safety and lifestyle. She highlights the strong sense of security she feels in her daily life — something especially important for foreigners considering relocation or property investment abroad.
Then there's the weather. Sharm El Sheikh is famous for its year-round sunshine and warm climate — a major attraction for Europeans, particularly Italian clients seeking a sunny escape from colder seasons.
Why Invest in Real Estate in Sharm El Sheikh?
According to Simona, two major factors make Sharm El Sheikh one of the most attractive real estate investment destinations:
- Low Property Taxes: Compared to many European countries, property taxes in Egypt are minimal. Investors benefit from a nearly tax-exempt environment, making ownership significantly more profitable.
- Strong Return on Investment (ROI): Sharm El Sheikh offers an average ROI ranging between 7% and 10%, particularly in well-located projects near the sea.
A Message to Future Investors
Simona's advice to foreign buyers is simple: Sharm El Sheikh is one of the smartest real estate investment choices today. With low taxes, strong ROI, and major multinational developments transforming the city — including the upcoming new port project — the market is positioned for significant growth.
