Hi,
Egypt today offers a solid economic climate in which to invest.
Egypt is an emerging market property market in key tourist locations and already offering excellent returns on investment.
The world Bank choose Egypt as the sixth country among top 10 countries all over the world to apply the economic reforms in 2007.
The experts agree that the current economic climate should improve the economy of the country, create more opportunity for employment and domestic wealth growth, and increase the attraction of the country from an overseas investors.
Egypt’s economy shows enormous potential over the long term because of the following.- property price returns of up 30% per annum in some locations.
Today investors seek the stability and simplicity of the property market to gain good returns on investment. Egypt offers many possibilities in the form of off-plan contract options sell at a substantial profit prior to completion.
The imminent introduction of mortgage facilities to foreigners in Egypt will precipitate an increase in demand for property and prices will inevitably rise at an even greater rate than investors are already enjoying today.
Egypt may seem like an exceptionally unusual choice as a location in which to invest in real estate , it’s a great vacation location with its 7000 years of history, its near perfect year round climate beaches and beautiful diving.
Main Reasons Why to invest in Egypt
-Low property prices starting at around only £30k
-Steady year-on-year capital appreciation of between 20-30%
-Beautiful, well established tourist hotspots suitable for varied tourist interests, from excellent diving and snorkeling to cultural and historical locations
-Stunning natural, unspoilt landscapes
-Steady annual growth in tourist figures
-Less property taxes than paid in the UK
-No capital gains tax
-British residents avoid inheritance tax on any Egyptian properties
-Foreign investors are regarded by the government as a big investment opportunity and laws have recently streamlined procedures, making the purchase
procedure easy.
-Strong economic growth and increased investment in infrastructure are boosting the property investment market as a whole.
-Warm desert climate with temperatures ranging from 14°C in winter to 30°C in summer creating a year-round tourist season
-Politically stable country
-Increased inward investment, creating a rich investment climate.
-Well renowned developers are creating luxury resorts to cater for Egypt’s new influx of international tourists .

Egypt has been flagged up as potentially one of the best options for property investors this year. BuyAssociation listed the country as one of its top ten places to look at during 2008, as it offered benefits such as a growing tourist trade and good climate.

We are developer in Hurghada RED SEA, and have in our portfolio several projects of different sizes: lands develplemts, off-plan projects, ....
Feel free to contact me, i will give more details about the status of investment in Egypt, or on our projects
Isabelle
hrg-al-rivera@windowslive.com

who knew Egypt was the new emerging market. Thanks for the information