Egypt - An exciting up and coming investment market
Egypt is a beautiful country steeped in history dating back to 3200BC, with an exotic climate that has enticed tourists to come to the country for a many years. As well as the unrivaled history Egypt has to offer, the waters and coral reefs of the Red Sea and Mediterranean coast attract holidays makers and divers from around the world to enjoy these warm waters and beautiful white beaches. It is only now that Egypt is creating an interest to international property investors, as travel to and within the country has been made much easier to visit and developers are waking up to the fact they can build stunning new resorts at a fraction of the cost of the traditional European markets.
CLICK HERE to view our latest off plan property investments in Egypt
The beach side apartments basking in the sun are becoming
holiday homes. These are seeing great returns on investment
and guaranteed rental yields for long seasons, and are partly
why the off plan property investment market in Egypt is looking
so successful. With flights from the UK taking only 5 hours,
and the comfort of travel within Egypt improving, it is attracting
visitors and property investors from all over the world to
enjoy the many rewards this great value destination has to
offer with its value for money investment properties in Egypt.
Added to this the Egyptian government committing to further investment to increase stability of economical growth, more and more visitors are seeing the potential rewards on offer of early investment in the luxury properties being built in many hot spots across Egypt.
 |
 |
 |
Investment Overview |
Egypt Guide |
Investment Offers |
Learn why the Egyptian property market is so high up the list of hot areas to buy off plan at the moment |
A brief guide to Egypt, how to get thereand general facts, figures and useful info |
View the carefully researched developments OPAC is recommending in Egypt. |
|
|
|
Overview of the Egyptian property market
Egypt has key areas where investment is growing at a rapid rate to keep up with the demand. These are in the already popular tourist areas such as the Luxor, with it's pyramids, Alexandria one of Egypt's ancient cities and then the Red Sea and Mediterranean coastline. Here is where many visitors are attracted to the luxury top end of the market, and the many stunning coral reefs available to divers, making this one of the top destinations to dive in the world.
Economically, Egypt's emerging property market and thriving tourist trade are proving a very optimistic market for the future. Coupled with tax incentives and privatisations of businesses this can only go from strength to strength. Today the Egyptian government is committed to encouraging further international investment through a number of reforms which are boosting the economy to new levels. These reforms are in tax, customs, the exchange laws and the increase of privatisation.
With the already sound infrastructures in place of transport, energy, communication and the industrial resources, Egypt shows great economically promise for the long term future, with investors regarding Egypt as a solid investment with many rewards.
Investing in Egyptian Property
Investors in Egyptian property are taking advantage of the large increase in the tourist market, great weather with mild winters and hot summers attracting visitors all year round. Prices in the property markets remain extremely low for the time being, but it is very much a growing market and prices are expected to increase with demand being at an all time high, particularly in the hot spot resorts.
Egypt is becoming one of the locations of the world where it popularity is increasing due to the high standard of luxury properties available on the market, with excellent returns on investments making property buyers consider it for their second home or as holiday rentals, particularly British buyers.
Due to the high level of economically growth predicted, the government encouraging international investment with incentive, and current low price for off plan property, the future prospects for the market are encouraging. This suggests that investment in Egypt at this time is at its prime in order to receive significant returns on your investment in the future.
Key factors making Egyptian property a profitable investment
- A diverse country with already well established tourist hot spots and stunning landscapes.
- Historical areas of interest that encourage tourism as well as other varied tourism opportunities such as diving the coral reefs.
- More low cost medium haul flights becoming available throughout Europe.
- Cairo airport in process of building a new terminal.
- Growth of tourist numbers year on year and set to keep increasing.
- Mild winters and hot summers in an exotic climate.
- Year round rental opportunities.
- Already established tourist hot spots with developers creating luxury resorts.
- English wildly spoken.
- Cost of living at a low level.
- Low prices in the off plan property investment market at this time.
- Commitment from the government to encourage international investment.
- Strong economically growth and tax incentives.
- Property tax at a lower rate than the UK and no capital gain tax.
- Opportunities for high returns on investment with year on year appreciations on 20 -30%.