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EGYPT |
Egypt Property
Egypt is a Rich, Exotic and Colourful Wonderland, it is the home to the Pyramids, one of the ancient Wonders of the World, the vibrant Red Sea, The Nile, the breathtaking desert and many outstanding ancient temples and tombs. Offering 365 days of sunshine, It Has Not Rained for 11 years ! It is approximately 4.5 hours flying time from the UK a stones’ throw from Cyprus and increasingly becoming a hotspot for tourists and investors.
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Egypt is an EMERGING MARKET right now, so it’s the perfect time to buy and benefit from the exciting times that lie ahead for the country. The property Hotspots are:- Cairo for the city lovers, Sharm El Sheikh is a favourite but has already become an established market with prices having risen by more than 70% over the past 5 years but Hurghada, El Gouna and Sahl Hasheesh are the current property hotspots. The “savvy” investor will buy in Hurghada and the surrounding area with their historic culture and amazing backdrops, such as the Red Sea and rugged desert mountains, make it a perfect lifestyle blend. We now have access to the first residential development to be built on the banks of the River Nile with spectacular views of the Nile and close to Egypt's major historical sites.
The Red Sea regions emerging market is ideal as foreigners can own their property Freehold (with the exception of Sharm El Sheikh where property is Leasehold) There is a further $300 million investment put in place to develop this region further.
Political and economic stability make Egypt an exciting country to live, work or simply holiday. The cost of living using the Egyptian pound is very low compared to most European locations, this means that International visitors can enjoy a very high standard of living and along with the obvious benefits of the weather, the sites and history. The Red Sea offers possibly the most stunning waters and coral reefs filled with tropical fish, in the world.