Home Egypt property market
  • English
  • Polski

Come to Egypt and save 500 GBP with us!

All clients reserving a property with us during a discovery trip will receive a refund of the cost of their trip to Egypt. Promotion valid until the end of May 2011 - up to two persons, max 500 GBP per two. Does not apply to resale properties.
Property market in Egypt
Resons to invest in property in Egypt

 

So you have been thinking of buying in Egypt... Let's start with 10 reasons why invest in property in Egypt:

  • Egypt is an emerging market for overseas property.
  • The annual growth is anticipated at 15-20% per year for the next 3 years.
  • No capital gains or inheritance tax
  • Sun all the year round
  • 52 weeks a year rental potential
  • No other country can offer as much as Egypt with 7000 years of civilisation, amazing landscapes, beautiful beaches, and friendly, hospitable people
  • One of the top dive locations in the world with unspoilt coral reefs
  • Tourism is growing and demand is greater than capacity
  • Political and economic reforms make Egypt an exciting country to work in
  • The time is right to invest for maximum returns

Incentives for investing in property in Egypt go far beyond the favourable climate and rich culture. The booming tourist industry is creating a demand for property that is cheap to buy and yet attracts high rental rates. Egypt also has excellent transport links to the Europe, Africa and the Middle East, making it the perfect location for a wise property investment. Attractions such as the Pyramids of Giza, cruises along the River Nile and the opportunity to dive amongst the coral reefs of the Red Sea Riviera bring in over 10 million tourists a year. In addition to this there has been a massive cash injection into projects aimed at the tourist industry which also promise to improve the existing infrastructure.

Buying a property in Egypt is a timely and wise monetary investment. Apartments are available for under £20,000 and have extremely low running costs; combine this with a realistic goal of all year round rental opportunities and you can expect a good return on your investment. Make the most of an opportunity to invest in a country that boasts both the Red and the Mediterranean seas, and where the deserts meet delta. Invest in Egyptian property today!

 

egyptian-sun-treasure-on-plate camel-pyramids-sunset

 

Egypt is the latest investment hotspot for property buyers who are looking for an exciting investment which gives impressive rental yields, high capital growth and low property prices. Buying a property in Egypt is a simple choice for investors and holiday home purchasers with its excellent all year sunshine, easy access to Europe, fascinating history and beautiful beaches with clear warm seas, perfect for diving.

 

My Red Sea Real Estate have access to a wide range or property developments in the popular resort of Sharm El Sheikh, Hurghada, Marsa Alam and the up and coming resorts of Sahl Hasheesh. We work closely with the top developers and agents in these areas to bring you the latest investment properties in Egypt direct to you. We have the very best new developments in Egypt concentrating on property on the major Red Sea resorts. Whether you are looking for a studio apartment or a frontline beach villa we will have something to suit most tastes and budgets.

 

Egypt is a vast and wonderful country and the main property in Egypt is located along the Red Sea coast where there are beautiful beaches and excellent marine life for diving enthusiasts. The weather provides a year long holiday season.

 

undewater-fish underwater-reef

 

Sharm El Sheikh property provides a fantastic investment or holiday home in one of the most established resorts on the Red Sea coast. Perfect beaches and amenities make this area of Egypt a perfect place to buy a place in the sun. Direct flights from the UK and Europe make investing in Sharm el Sheikh property a great opportunity. Read more about reasons to invest in property in Sharm El Sheikh.

 

Hurghada property market attracts purchasers due to a number of key factors. At one time Hurghada was just a simple fishing village but now, with it's crystal clear water, untouched reefs and a multitude of ship wrecks, it has become one of the best Egyptian tourist destinations. With the upmarket Sahl Hasheesh and more than 20 km of hotels along the beach, buying a property in Hurghada can satisfy the needs of everyone, from scuba diving to windsurfing enthusiasts to those who just want to buy a place with year round sunshine.

Read more about reasons to invest in property in Hurghada and why invest in property in the prime location of Sahl Hasheesh.

 

More interesting facts

 

  • Recent figures released by the Egyptian government show a strengthening economy, while the country’s real estate industry as a whole is said to be enjoying a boom period after decades of stagnation. Visitor numbers continue to rise year-on-year fuelling the strong demand for holiday rental accommodation and so strengthening a large proportion of the market for investment property in Egypt. According to the Egyptian Ministry of tourism, 12 millions of tourists visited Egypt in 2008. Egypt aims to continuously promote tourism to achieve the target of 14 millions of visitors in 2010.

 

  • Many buyers of property in Egypt will be benefiting from an influx of British holidaymakers. According to online travel agency Lastminute.com, an increasing number of people from the UK are choosing to book holidays outside Europe. Egypt was highlighted as one of the most popular destinations, due to its accessibility and year-round sunshine. Owners of holiday accommodation in the country will be seeing higher occupancy rates, which will translate into stronger rental yields for property investment in Egypt.

 

  • Easyjet now offers direct fights to Hurghada and Sharm El Sheikh since the airline has taken over of GB Airways flight routes to the popular Red Sea Resort destination of Sharm El Sheikh. Sharm El Sheikh property purchases benefit from lower prices to this popular Red Sea resort.

Egypt-hotels