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June 3, 2025

Marsa Alam

Second-Home, First-Mover: How Early Buyers in Marsa Alam Turned Vacation Villas into Equity-Doubling Machines

Marsa Alam 1. Remember When the South Coast Was the “Cheap Seat”? Scroll back to late-2019 and studios in Port Ghalib—the flagship enclave 10 minutes from Marsa Alam International Airport—were launching at roughly €900–€1,000 per sq m, according to developer pre-sales reviewed by local brokerages.¹ Five-bedroom lagoon villas that now flirt with the half-million-euro mark were changing...