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Investors can choose from a
good selection of investment properties and tourist resorts being built
in amazingly beautiful areas along the Red Sea Coastline.
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The
property prices are currently at very affordable prices with apartments
from as low as £20K.
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Good
positive capital growth predicted at 20 – 30% per year.
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The
Egyptian Government’s has put special reforms in place to
specifically attract inward investment.
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No
Capital gains or inheritance tax & less property tax than the UK.
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Some
of the properties being developed in the tourist resorts will expect
very good rental income and some have guaranteed rental schemes in
place.
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The
cost of living in Egypt is low and the shopping in the more developed
resorts like Sharm El Sheik is very good.
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Regular
flights are available from most European countries which include the
low cost airlines offering very affordable flights.
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Egypt
has positive economic growth.
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Egypt’s
Political system is stable.
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Excellent
climate for people who love the sun with temperatures of 30°C
in summer and around 14°C in winter.
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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.
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Egypt’s
Red Sea, some would say is the perfect place for sun, sea, &
sand with superb coastlines boasting beautiful sandy beaches and coral
reefs which are some of the most spectacular in the world.
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The
tourist industry in Egypt is very well established and is still
experiencing good positive growth. The new tourist and residential
resorts being built along the Red Sea coastline are contributing
towards this growth.
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The
traditional attractions of ancient Egypt are and have always been a big
driving motivation behind Egypt’s Tourist market this of
course includes the amazing landscapes, the Pyramids, the Sphinx, the
Nile, Cairo with its many historic buildings and attractions. All of
which are absolute must-see sights for most people when visiting Egypt.
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The
Red Sea coast is famous for its excellent scuba diving and other water
sports and offers facilities for both beginners and experts. |
