The Red Sea Riviera

| Posted: 22-05-2008 | Comments: 0 | Views: 14 | Rating: (60)

(?)

Just 5 hours flight time a world a part, Egypt is a country like no other. Full of ancient history, beautiful places and stunning beaches on the Red Sea, Egypt is a haven for investors looking to purchase an overseas property in a haven where the benefits are fantastic.

Egypt is close to the UK, cheaper than the UK, and is a place that offers very good rental opportunities. Egypt is not expected to suffer economic decline during the global downturn, as its sources of revenue are from Middle Eastern banking systems and trade, a region widely predicted to withstand the external pressures that will influence the rest of the world’s markets.
Egypt’s year-round ideal weather – particularly on the Red Sea - is just one of the many perks of this superb place, not to mention the very good tax laws (no capital gains or inheritance tax), very good capital growth predictions and charming and rich culture and people.
The anchor of Egypt is the Red Sea Riviera, and Sharm El Sheikh more notably – fast becoming known on a global basis as the destination to be on the Red Sea. Sharm El Sheikh is a supreme area filled with resorts and big named hotels, restaurants from around the world, water sports and golf course. And, to top it off, the Red Sea offers some of the best snorkelling and scuba diving in the entire world.

Egypt is a unique market, unique because luxury front-line development with quality properties are being developed at a fraction of the price as other beach areas. Egypt property is vastly undervalued and the demand for these properties clearly outweighs the supply. Few opportunities still exist anywhere in the world to purchase premium waterfront properties at bottomline price levels, particularly within this ideal proximity to Europe. Apartments in Egypt can start from as little as £26,068.

The low value properties are complimented by a wealth of other benefits in Egypt. The fact that the tourist market is only increasing and expanding at exceedingly fast rates is a good indicator for the rental market. The tourist industry is established and thriving and this will always be the case with Egypt. This is one of the primary reason investors select this place as the rental market is year round and will always be healthy.

Affordable cost of living making affordable holidays is another appealing point to this magical place. Egypt’s road infrastructure in the area is well developed, a further bonus compared with other markets that require the patience of waiting for supporting infrastructure to catch up to the demands of high visitor numbers.

Now is the time to Egypt investment property as the real estate market is soaring an prices are exceptionally low.

Rate this Article:

Current: 0 / 5 stars - 0 vote(s).

Article Tags: Property In Egypt, Oversea Property, Real Estate In Egypt

Article Source: http://www.articlesbase.com/real-estate-articles/the-red-sea-riviera-422951.html

Print article

Send to friend

Publish this Article

Author feedback

About the Author:

This article is written by Sharon Harris, Marketing Manager for Experience International, a specialist overseas property agency based in central London.

Submitting articles has become one of the most popular means of generating quality backlinks and targeted traffic to your website. Join us today - It's Free!

Article Comments

Add new Comment

Investment Property in Egypt
By: Les Calvert | 14/12/2007 | Real Estate
In this article we look at the emerging Property Investment Market in Egypt and discuss the investment opportunites available to the property investor looking to buying a property in Eygpt.

Why Property In Egypt Is A Great Investment
By: Thomas Pretty | 12/07/2008 | Real Estate
A look at the Egyptian property market and the popularity of the Red Sea resorts.

Property in Egypt for Under £80,000
By: Laura Latham | 23/07/2008 | Real Estate
With winter sun, fascinating culture and low prices, Egypt offers an opportunity to buy a great investment property or a holiday home for all seasons

Property In Egypt And The Benefits Of Investing
By: Andrew Hillis | 31/07/2008 | Real Estate
As Egypt and its property sector keep rising leaps and bounds, making known to the international community its rapidly growing emerging economy, one can clearly see why more and more investors are clammering to Egypt as their investment choice.a Investment property in Egypt is currently on the verge of a property...

All You Need to Know About Hurghada, Egypt
By: Henry Bates | 15/08/2008 | Travel
Renowned for its pristine quality of service and style, and as an adobe for tourists, Hurghada has a preceding reputation of quality versus quantity. Hurghada, also known as 'Al Ghardagah' by locals, is an Egyptian city and a popular tourist city. Due to the fact that Hurghada is situated along the shores...

Got a Question? Ask.

Ask the community a question about this article:

Q&A Powered by:

Latest Real Estate Articles

Building and Pest Inspection Tips
By: Clint Jhonson | 06/09/2008
Building inspection is generally performed before purchasing a property in order to be 100% certain that there are no problems. This is the responsibility of a qualified inspector with years of experience in the field, covering various parts of the property. If you are interested in purchasing a property, then you also need pest inspection.

Foreclosed Property - for First Time Home Buyers
By: Anirban Bhattacharya | 06/09/2008
The increasing prices of real estate properties have forced people to incline towards buying foreclosed properties. These are those properties, which become ‘foreclosed’ when the actual owner of the property fails to pay the mortgaged value or does not have enough money to get it repaired.

Huntsville Real Estate / Huntsville Alabama Real Estate
By: Adam Morien | 06/09/2008
Seeking a new home for your family in the American South? For many people, the Huntsville Alabama real estate market is a great place for families and individuals looking for a mid-sized city that boasts a tightly knit community with a strong sense of civic pride. In the Huntsville real estate market, you’ll find a wide variety of homes at all price points, as well as plenty of economic, cultural, and educational opportunities.

Dubai Properties: Attractive Global Investors!
By: Editor-123 | 06/09/2008
Dubai properties are buzzing headlines with their extraordinary growth and impressive architectural infrastructures. The extent of the growth that the city has achieved so far has received an overwhelming response from people from all over the world. The awesome changes in the Dubai real estate have inspired other sectors to excel and grow at a faster rate.

Property Valuation; A Difficult And Lengthy Process
By: Thomas Pretty | 06/09/2008
A look at the process behind making a property valuation and why homeowners often overvalue the worth of their home.

Five Tips for Selling Missouri Real Estate
By: Art Gib | 06/09/2008
Are you getting ready to sell your home or another piece of Missouri real estate? In a tough market, it's more important than ever to go the extra mile to close a deal on your home. Here are five things that you should do to drive up the value of your Missouri real estate before you put it on the market.

Austin Profiles : The Travis Heights Neighborhood
By: Ki Gray | 05/09/2008
Travis Heights is a small neighborhoods in central Austin. This article profiles the Travis Heights neighborhood.

Five Reasons to Invest in a Scottsdale Resort
By: Art Gib | 05/09/2008
Have you thought about investing in vacation property? One of the newest types of vacation real estate investments that is becoming very popular is investing in fractional ownership resorts in popular vacation areas like Scottsdale.

Article Categories

Article Marketing

Article Notepad

Stop Duplicate Content

Term Papers

Follow ArticlesBase at http://twitter.com

Need Help?

Sign up for our email newsletter

Receive updates, enter your email below

Use of this web site constitutes acceptance of the Terms Of Use and Privacy Policy | User published content is licensed under a Creative Commons License.
Copyright © 2005-2008 Free Articles by ArticlesBase.com, All rights reserved. (0.97, 14)

The Red Sea Riviera

Article Comments

Related Articles

Got a Question? Ask.

Latest Real Estate Articles

Need Help?

Site Links

Webmasters

Business Info

Sign up for our email newsletter