31st December 2008
Overseas property investors keen on expanding their portfolios next year have been advised to turn their attention to Egypt and Dubai, which have been named as the top three places to invest in the Middle East and Africa.

Homesgofast.com, an overseas property portal has placed Dubai on top of its popularity predictions for 2009 followed by Egypt and Tunisia based on internet traffic and enquiry trends.

"The trend for 2009 for Africa and The Middle East for 2009 appears to show that overseas property investors are seeking low financial outlay with a great emphasis on off plan or pre construction property," said chief executive Nicholas Marr.

"This type of real estate offers investors a greater chance to make larger capital growth and an opportunity to pay with their own money over a period of time."

Dubai continues to be a favourite among many overseas property investors while Egypt is increasingly becoming lucrative due to the abundance of low cost property with high capital growth options.



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