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GIP4U_Reasons to Invest in Property in Egypt 1 of 1 10/2007
Egypt…365 days of Sunshine
- Are you way too late into the market for mature territories??
- Have you missed the main bargains in the second-generation territories??
- Are you a speculative investor & building a property portfolio across more than one country??
If your answer is yes…then Egypt is definitely worth looking at in more detail!!
The reasons why it is becoming hard to find a better location in the World than Egypt at
the moment to lay your investment plans in a holiday home…
1. Word on the potentiality of the market has spread fast during 2007
2. Year round sunshine and glorious weather
3. An attractive destination growing into an attractive investment
4. Entry costs of living in Egypt are incredibly low
5. Property appreciation value is rapidly paying off
6. There is an increasing number of flights to Egypt from all major cities of the world
7. Flights to Egypt are 4 hours on average to European countries, Russia and the MENA region
8. Flight cost to Egypt have been reduced
9. Rental yields are very high compared to other territories
10. A 12 months holiday season
11. Property prices are much cheaper and affordable to a larger group of people than it is in other holiday/touristic destinations
12. Desirability, increasing tourism and increasing demand for property
13. As the home to one of the most ancient civilizations in the world, Egypt remains is a favourable destination and primarily attraction for tourists and travellers
14. With its strategic geographical location, culture and nature beauty; it encompasses a wide
range of activities, entertainment facilities and sports with a diversity of choices for every
taste
15. While Egypt is an appealing destination to almost everyone, it is a good to have an investment in palace you like and your friends and family can use too
16. Facilities and infrastructure are rapidly advancing and developing in all major destinations and other cities in Egypt
17. Government is exerting considerable efforts to facilitate the process of property ownership for non-Egyptians
18. There is no inheritance tax, capital gains tax nor income tax on overseas incomes.
19. While a few years back non Egyptian could resell their properties before 5 years, now and
after the removal of the pre-emption rule, you can make some quick short-term gains of
your investment
20. Developers are now well acknowledged of the international investor’s needs which lead to properties which are being built to world class standards
Egypt has a number of opportunities available for the overseas investor looking for
something different…it is the nearest, the hottest and the cheapest!!