Egypt Real Estate Guide

Egypt Real Estate Guide

Property in Egypt has quickly become very popular with international property buyers that are looking to purchase in an exotic location with excellent investment potential. Egypt is a fascinating country that is steeped with historical sites that dating back to 3200BC. Combined with the warm waters of the red sea and endless white sandy beaches, Egypt is a wonderful place to visit and invest in. As a tourist destination, Egypt attracts millions of visitors per year creating a large buy to let market with guaranteed rentals.

Why is property in Egypt is a good investment?

" Low property prices. Prices start from only 35,000 Euros
" Capital appreciation of between 10-35%.
" Well established tourist Hotspots suitable for explorers and sports enthusiasts alike.
" Breathtaking natural and unspoilt landscapes
" Tourism has maintained steady growth.
" Far less property tax payable in Egypt compared to the UK and Europe
" Zero capital gains tax
" Zero inheritance tax on properties in Egypt.
" Hot climate with temperatures from 14°C in winter to 30°C in summer
" A stable Political climate
" The Government subsidises foreign investment, as a result the economy is thriving
" The property developments are being built by renowned European builders.
" Easy air access from all international airports.
" Cairo international airport has undergone a rebuild to cater for the increasing numbers or tourists.
" Low cost of living
" English is widely spoken throughout Egypt.

Egypt Property Hotspots

Most property investors look to invest in areas of high international tourism and beach front resorts such as the popular Sharm el-Sheikh, golf resorts in Cairo, Luxor, Alexandra and the new areas in Hurguda. Egypt offers a wide variety of beach and historical environments combined with its excellent year-round climate. Investors look for hotspots so that they can benefit from Low off-plan prices from only 35,000 Euros for beach front properties, guaranteed rental projects and capital gains returns (10% to 35% per year).