Property prices in Egypt are generally better value than in the UK and Ireland. If you are considering buying property as an investment for vacation rentals, Egypt should be considered. Prices are also increasing in this emerging market.
Cost of living is lower than that of the UK - nearly everything in Egypt is cheaper.
Egypt provides an opportunity to invest in property at the start of a regional development plan as the government introduces new legislation to make it easier for foreigners to own property - get in early!
Egypt is less than 5 hours flying time from England and most other European cities.
The number of people visiting Egypt doubled between 1999 and 2005 showing the rate of growth of Egypt as a tourist destination. Your property could be the perfect holiday base, providing rental income for many years.
The climate in Egypt is warm and sunny with extremely low rainfall.
The landscape is stunning, with many world famous tourist destinations such as the Pyramids and Sphinx.
This luxury resort area has four 18 hole golf courses, marina, commercial centre and 20kms of beach.
The potential for rental income from your investment is huge as there is an ever growing number of tourists travelling to Egypt from Northern Europe, the Mediterranean countries and from cruise ships.
There are lots of interesting places to visit and explore and things to do. If you already have a house in a leafy suburb, it would be nice to buy in an exotic location with marinas and beaches which are the envy of other countries.
|
|
|