Hurghada

Hurghada offers great investment opportunities.

Even though the credit crunch is biting hard, investors from all over the world are still making their presence known in the overseas property markets. Whether it is in Dubai or another locale, the trend for buying overseas property continues to flourish.

According to Yorkshire Bank, nearly a million Britons alone have invested in property in one part of the world or another. This does not take into account investors from America, other parts of Europe and the east.

For many of us, golf is a sport of middle age — and older. Many people play tennis until a certain age and then take up golf. As the legendary Gary Player — now 71 years old and still very fit — once told me: “Golf is a game you can play when you grow old and fat.” For those who know me, you may think it was a pointed remark.

From its improbable pyramids and treasures, Tutankhamun's tomb to the spectacular coast, Egypt features on most people's must visit list. Yet while it attracts its fair share of tourists, it's not as well-known for its property investment opportunities.

Concerns about the threat of terrorist attack have undoubtedly played their part - the most recent incident was in 2006 - so investors have looked elsewhere.

But these days, with heightened security, those same buyers are starting to think again. The Christmas visit by President Sarkozy and Carla Bruni didn't do any harm either.