Interest in the investment property market in Egypt is beginning to awaken as the wider world becomes aware of the incredible investment opportunities available.
Getting there
Egypt can be accessed relatively easily and at reasonable prices, with a flying time of less than five hours from London. Many companies fly from the UK to Egypt such as: British Airways, First Choice, Thomson Fly, Flythomascook.com, Excel Airways, Egypt Air and GB Airways.Property seekers can find any type of property such as houses, luxurious villas, bungallows, flats, apartments, offices and plots of land in Egypt.
Egypt is a mystical land of monumental sites and historical civilizations…one of the oldest countries in the world to visit for a holiday. Romans, Greeks and others traveled here to relax and marvel at the architectural wonders created by early mankind.
Famous for pyramids, temples and monuments, Egypt also offers an excellent climate with sunshine all year round. Holiday makers can enjoy scuba diving in the Red Sea, wonderful sandy beaches, exotic cuisine, romantic cruises along the Nile and various activities such as quad biking and camel riding in the desert.
The Egyptian Tourism Authority plans to attract millions of tourists to Egypt with a new advertising campaign called “The Gift of the Sun”. The aim of this campaign is to increase the number of visitors tot eh country to 16 million by 2014 (in 2005, 8.6 million tourists went to Egypt - 840,000 British). This increase in tourism is one of the key factors attracting overseas investor interest.
The tourism market in Egypt has been experiencing a change towards 'high end’ property, with the Red Sea resorts being the main focus. Hurghada, once a simple fishing village located on the western banks of the Red Sea, is now ranked amongst the best Egyptian property destinations, with five-star accommodation, white sandy beaches and crystal clear waters with tropical fish and excellent scuba diving areas.
