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Being a favourite holiday destinations for many years Egypt is is defiantly having a positive impact on the Egypt property investment market.

A strong emerging market need certain factors, Egypt has quite a few.

Good economic growth

Increased investment in infrastructure

Well established tourist hotspots suitable for a range of tourist interests, from excellent diving and snorkelling to historical and cultural attractions

No capital gains tax

No inheritance tax of British residents

Foreign investors are regarded by the government as a big investment opportunity and laws and procedures have recently been streamlined to make the purchase procedure easier.

Warm climate with temperatures ranging from 14°C in winter to 30°C in summer creating a year-round tourist season

Egypt is currently politically stable country

Easy air access from many European destinations with Low budget airlines now servicing the tourist hotspots of Hurghada

Egypt has a low cost of living

The number of visitors to Egypt nearly doubled between 2002 and 2006. A trend that is predicted to continue with progress towards a further doubling of 16 million visitors by 2014.

The property market in Egypt is now constantly increasing in popularity and some investors are now benefiting from steady capital growth of up to thirty percent a year.

In summary it is the low cost of living, rich cultural heritage and year round perfect weather combined with excellent beaches, very affordable property and good access that is helping to make the country the prime investment choice.

One of the main areas that is seeing all the activity is Hurghada property

Hurghada has around 35Km of beautiful sandy beaches and was once a small fishing town has now turned into a thriving resort and the town and surrounding areas are now some of the most desirable places to holiday and live on Egypt’s red sea coast.

Hurghada is increasing in popularity with overseas investors and now more and more developers and building a wide range of Hurghada properties in some amazing locations with 5 star facilities.