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Why Real Estate in Egypt

Many investors and second home buyers are now purchasing real estate in Egypt.

Egypt has always been a favourite destination for holidays with many of the attractions being on peoples life time must see sights, like the ancient civilizations monuments including of course the Pyramids and Pharaohs tombs.

        

Now this exotic unique country is attracting many overseas property investors and second home buyers. See below for some of the attractions.....


Here are just a few of the reasons why real estate in Egypt is increasing in popularity as a promising emerging market for overseas property.

First let’s highlight the financial benefits of buying real estate in Egypt.

Luxury properties being built at very affordable prices for example you can purchase a front line beach apartment for less than £30K


Positive increase in property value over the last few years with steady capital growth of 20% - 30% year on year anticipated.


The Egyptian Government’s reforms specifically designed to attract inward investment.


No Capital gains or inheritance tax


Of course Egypt being a favourite holiday destination if you purchase the right type of property in the right location you will certainly have the potential to receive very positive rental income.


Some of Tourist resort developments have specific buy to let opportunities with guaranteed rental for investors


Less property taxes than the UK


Low cost of living with fantastic shopping in some of the more established resorts.


Being very close to Europe holiday makers can take advantage of cheap and regular flights from most European countries.


Tourism is growing and demand is greater than the amount of quality accommodation available. Increasing tourist demand means increasing demand for quality accommodation therefore as mentioned earlier if you purchase the right property in the right location then the resale possibilities are excellent, should you wish to resale that is!


The Domestic market is growing in Egypt, the middle-class population is increasing all the time meaning that these wore wealthy Egyptian have increasing consumer purchasing power and will therefore be looking for quality accommodation to rent or purchase. This trend will push the prices of real estate in Egypt up and should have a positive impact on the overseas investment market…

Taking these factors into consideration you can see why many shrewd investors are looking to buy real estate in Egypt.

For more detailed information and to read up on the country, culture, things to see, places to go property buying procedures, taxes and other useful information make sure you read our Guide… Click here for the guide

Even more reasons why real estate in Egypt is attracting overseas buyers below...

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Here are some country and destination attractions;

Fantastic climate with all year round sunshine with average temperatures of  14°C in winter to 30°C in summer creating a year-round tourist season.

Amazing landscapes including of course the Pyramids, the Sphinx, the Nile and many other historic buildings and attractions like for example the pharaoh’s tombs.


Beautiful coastline with miles of sandy beaches including unspoilt coral reefs which make for some of the best diving spots in the world.


Well established tourist industry and resorts with many hotspots covered by leading tours operators.


Ancient Civilization going back some 7,000 years, you will discover a rich historic culture


As mentioned earlier Egypt offers superb water sports and activities, the Red Sea coastline offers some of the best diving locations in the world that attracts beginners and experts alike.


The Government have identified overseas property investors as one of the keys to the successful growth of the tourism industry and economic growth so no only have they introduced favourable tax incentives (no Capital gains and inheritance Tax) but they have also made the purchasing process more favourable and easier.

The Tourism growth and the Egyptian government incentives for overseas property buyers have attracted some of the world class tourist resort property developers who are now investing heavily and building top quality resorts with every facility you would expect including many European and US 4 & 5 star hotels and restaurants.

The Egyptians are very friendly and hospitable people and English is widely spoken.


Positive economic growth with increased investment in tourism, infrastructure and real estate developments.

Politically stable country

Click here to download the country and property buyers guide to learn more.




Invest Egypt
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Real Estate in Egypt