i did all my initial training through bsac until i had gone as far as there syllabus allows so then had to use other agencies for further qualifications,went with padi for the rebreather then tdi for the trimix,(not Turbo Diesel Injected by the way).glad i did all the learning here then progressing abroad though.
the property prices where very good a few years ago and even now they are good,mine is a 3 bed 2 bath top floor,120 sq metre with my own roof with a great view over tiran island,it cost at the time £40k,well its 2 apartments that i had knocked into one big one.the £40k was fully furnished,brand new and included full a/c.at the moment its rented out long term yielding me 10 % pa which i couldnt get anywhere else so i am well happy with it.evn now you can get a nice 2 bed apartment for £25k if you know the right people.
there is a tax treaty between egypt and uk where tax on a foreign property is at source and as the source is sharm there is no tax so i am led to believe.
water and electric bills arent realy a concern to be honest,they dont amount to much and they dont have standing charge,just pay as you go.no council tax or any other hidden costs apart from maintenance charge but mine was only £1500 one off lifetime charge and that was included in the purchase price.
i have made many egyptian friends in sharm over the years so i now rent a beach front apartment of one of them in sharks bay when i go over now as mine is rented to someone else.i just dive straight of the beach or sometimes we have a drive down to ras mo and spend a day shore diving jolanda and sharks reefs.a lot of times i will dive solo but carefully !!
sharms getting to be a very popular destination but i have seen a big increase in the cost of hotels yet flight prices can be had for as little as £150 so renting somewhere makes it a very cheap break,plus you get the benefits of eating what you want when you want