Investment Properties in Egypt
By: Ahmed • Essay • 534 Words • May 24, 2010 • 801 Views
Investment Properties in Egypt
With a growing economy and major developments in the tourism sector, Egypt satisfies the requirements of many discerning property investors today.
Forward thinking government policies and a solid infrastructure are making Egypt the next property and tourism hotspot. With high capital returns of up to 30% per annum in key locations, the investment climate in Egypt is widely regarded as a promising one.
Due to recent reforms, the process of property purchase in Egypt has been streamlined, facilitating property purchase for overseas buyers and focusing investors' attention on Egypt as a prime investment location.
International Property Investment Network (IPIN) and Egypt
Propertyshowrooms.com operates an International Property Investment Member Network (IPIN). Highly regarded for sourcing carefully selected Egypt property investments, it also includes valuable land sourcing services for its members.
In addition, members can access advice and research from our experts on investment propertyin Egypt. IPIN will identify the most lucrative opportunities currently available in Egypt and match them to your particular investment requirements.
Why Invest in Egypt?
Egypt today offers a solid economic climate in which to invest. An emerging property market in key tourist locations is already offering excellent returns on investment and shrewd investors are eager to get involved, while prices remain stunningly low.
Natural and Cultural Factors
• Warm desert climate with year-round sunshine and average temperatures of between 14 and 30°C.
• Great natural beauty with fantastic scenery - stunning white sandy beaches, coral reefs and desert landscapes, giving rise to great recreational activities.
• Rich cultural and historical interest, dating back some five thousand years.
• Friendly nature of the Egyptian people, many of whom speak some English.
• Easy access via direct flights from many international airports. At only 5 hours journey time, Egypt is the number one medium haul tourist destination from Europe.
Economic Factors
• Property price returns of up to 30% per annum in some locations.
• Low cost of living and very low property prices.
• Strong economic growth in recent years (GDP 4.5%