Cairo egypt weather guide  

The Red Sea Riviera
By Sharon Harris
Egypt is just 5 hours from the UK, cheaper than the UK, and is a country 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 country, not to mention the favourable tax implications (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 around the world as the place to be on the Red Sea. Sharm El Sheikh is a supreme area filled with resorts

and well-known 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 rare market, rare because luxury beach-front development with quality properties are being constructed at a fraction of the price as other resort areas. Egypt property is vastly underpriced and the demand for these properties clearly outweighs the supply. Not man opportunities still exist anywhere in the world to buy excellent beach front properties at baseline prices, particularly within this close distance 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 rapid rates is a good indicator for the rental market. The tourist market is grounded and thriving and this will remain the case with Egypt. This is one of the main reason people select this country as the rental market is year round and will always be healthy.

Low cost of living making affordable vacations is another attractive benefit to this magical country. Egypt’s road infrastructure in the area is well constructed, a further bonus compared with other countries that require the patience of waiting for supporting infrastructure to catch up to the demands of high visitor numbers.

Now is the time to purchase an Egypt investment property while the real estate market is soaring an prices are exceptionally low.
This article is written by Sharon Harris, Marketing Manager for Experience International, a specialist Egypt investment property agency based in central London.

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