March 10, 2008

Buying property in Egypt

Buying property abroad has been a great way of investing in property for some time, but buying in Egypt is simply not heard of that much. But this is a booming market in fact it has been one of the best performers over the past three years. It has been estimated that it could be as high as 640%.

Why Buy a Property in Egypt?

Inward foreign investment is at an all time high
Increasing annual visitor intake
Good relationships with Western governments
High rental incomes from short term tourist lets

The buying procedure although very different to what we are used to here in the UK, can be fairly straight forward although it is essential that help and advice is sought from an English speaking property expert.

Source [Properties Egypt]

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