Egypt has some 'real advantages', investors told
11th August 2008
Buying property in Egypt has "some real advantages" for property investors, a website that offers news, tips and ideas for overseas property buyers has claimed.
The Egyptian property market is ideal to invest in as the country has a naturally beautiful landscape, properties are highly affordable and it is located just five hours from the UK, according to Amberlamb.
According to the website, the property market in the country has been "far less affected" by the hype of overseas property ownership, which is now affecting some emerging markets.
Properties in the country are highly affordable and start from "little over £20,000", says Andrew Williamson from the website.
"The majority Egyptian property has had its prices fixed in UK sterling therefore remains free from the problem of the falling pound and the strengthening euro felt across other more popular Brit destinations," he added.
According to the BuyAssociation, the 'guaranteed' rental returns promised by many Egyptian developers are quite believable as the country now boasts easy access, increased inward investment and a favourable tax regime.
Are you looking to invest in a property in Egypt? Simpli Group Property has a selection of properties that will make you a great return on investment. Speak to our property experts. (www.simpligroupproperty.com)
News from Eqypt Brought to you by the SimpliGroup – Bringing you the best in Finance and Property resources
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Egypt
11th August 2008
Buying property in Egypt has "some real advantages" for property investors, a website that offers news, tips and ideas for overseas property buyers has claimed.
The Egyptian property market is ideal to invest in as the country has a naturally beautiful landscape, properties are highly affordable and it is located just five hours from the UK, according to Amberlamb.
According to the website, the property market in the country has been "far less affected" by the hype of overseas property ownership, which is now affecting some emerging markets.
Properties in the country are highly affordable and start from "little over £20,000", says Andrew Williamson from the website.
"The majority Egyptian property has had its prices fixed in UK sterling therefore remains free from the problem of the falling pound and the strengthening euro felt across other more popular Brit destinations," he added.
According to the BuyAssociation, the 'guaranteed' rental returns promised by many Egyptian developers are quite believable as the country now boasts easy access, increased inward investment and a favourable tax regime.
Are you looking to invest in a property in Egypt? Simpli Group Property has a selection of properties that will make you a great return on investment. Speak to our property experts. (www.simpligroupproperty.com)
News from Eqypt Brought to you by the SimpliGroup – Bringing you the best in Finance and Property resources
<< Back to News