Property in Egypt
Whilst some are uncertain of the impact the recent political transition will bring, the truth is that this is positive news for the nation and its investment, as the country shows early signs of a free democracy, a open market and stronger economy. This has created opportunities for the international market as places such as Hurghada have witnessed, enjoying some of its highest tourism rates this year.
Why invest in Egyptian Property?
Select Property in Egypt
Select Property partner with only the best property developers and companies in Egypt with a visible track record to offer our customers a safe and secure investment in some of the best locations on the Red Sea. More about us.
- They have always been completely honest and transparent and have added a certain fresh approach to the overseas property market.
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Why Invest in Egypt Property?
2011 is the time to buy property in Egypt. Having undergone a popular political revolution, the country is far more transparent, less corrupt and property rights are more widely respected. Buying property here has become increasingly appealing to investors attracted by low prices and Egypt’s growing reputation as an up and coming holiday destination.
- Improved transparency, more respect for property rights and less corruption following the revolution.
- Excellent value for money
and a low cost of living. - Up and coming destination with growing tourism industry.
Once you’ve decided that Egypt is the right destination for you, the best way to see the types of property available and experience everything Egypt has to offer is first hand on one of our FREE inspection visits. Spaces do go quickly but please contact us to find out more and make a booking.
More Information on Egyptian properties
Egypt News
- Egypt re-builds with Qatari property investment
- Hilton takes advantage of Egypt tourism with 17th Hotel
- Investor attitudes towards Egypt property improve
- Egypt is at the beginning of a Property Boom according to experts
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Egypt Tourism
The land of Pharaohs, Pyramids and the Nile, Egypt has always been an iconic destination amongst tourists.
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Egypt: Getting There, Getting Around
The really hot months in Egypt are during the summer when temperatures can climb above 100 degrees Fahrenheit.
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Infrastructure in Egypt
Typically, a successful economy increases the potential for capital appreciation as the native citizens and local affordability improves
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Egyptian Economy
From 2004 to 2008 Egypt aggressively pursued economic reforms to attract foreign investment and also to facilitate GDP growth.
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Egypt Property Market
Egypt benefits from the fact that Egyptians like investing in fixed assets and doesn’t rely as heavily on foreign investment.
Egypt property & Egyptian properties for sale
Buying property in Egypt is becoming increasingly common amongst investors, keen to get into the next investment hot-spot while it’s still in its early stages. Property for sale in Egypt presents an excellent investment opportunity as market conditions become increasingly favourable and Egyptian property prices rise as a result.
One of the major reasons for favourable property investment conditions in Egypt is due to a very strong domestic demand. Properties in Egypt are usually bought by young couples at the time of or just before marriage. Egypt has a very young population with between 500,000 and 600,000 marriages a year; a huge contributor to demand for Egypt property. Furthermore, there is an annual supply of approximately 150,000 affordable homes a year meaning demand is vastly out stripping supply domestically.
Egypt property sales have also been heavily aided by foreign demand. In a recent report Egypt was named the most secure market of the MENA region. In addition, a growing tourism phenomenon is taking place creating a huge demand for both Egyptian holiday homes and Egyptian properties for the holiday-let market. Finally, foreign investors are taking advantage of the exchange rate and the value for money this creates amongst property to buy in Egypt. Foreign demand has been so notable that the Egyptian Pound is now in the top three currencies bought by UK consumers, buying money for holidays and Egyptian property purchase.
* The currency guide rates used for illustration purposes on this page are EUR1.15 = GBP1, USD1.6 = GBP1, AED5.6 = GBP1, BBD3.18846 = GBP1. Page Generated on February 3, 2012, 6:08 pm.