The new scheduled flights between Gatwick and Barcelona are available to book now and will operate daily from 21 October 2011. This will increase to 11 flights per week from 30 October 2011. Costs for the flights will start from £57 return including all taxes and charges.
Passengers wishing to travel to Sharm El Sheikh can now do so from £173.99 return including all taxes and charges. Available to book now, the flights will operate three times per week from Gatwick and Manchester airports on Thursdays, Saturdays and Sundays, starting from 03 November 2011.
While Barcelona is a perennially popular destination, the announcement of flights to Sharm El Sheikh proves that investors and holiday makers are falling for the charms of the Egyptian province. Despite the political turmoil which Egypt has faced, Sharm’s prices did not go down during the unrest that took place in other areas and has remained stable, with prices and investment rising and a favourable exchange rate.
And the area’s future looks bright. As well as potential for capital growth and rental income thanks to its year-round rental season, added benefits to buying in Sharm include no capital gains tax, no inheritance tax and no government tax on property sales.
Extract taken from A Place in The Sun on 22nd September 2012