Property investors today seek emerging markets such as Egypt for a stable investment with good growth rates. Learn below why Egypt property offers such great potential.
Today, investors seek the stability and simplicity of the property market to gain good returns on investment. Under-performing stock markets are often proving more volatile than property and this is especially true for the non-professional as there are many external factors that can effect your financial investment. Did you know that 50% of the members of The Times Rich List made their money through investing in property?
The benefit of buying specifically for investment purposes is the removal of emotion from your purchase while property is used purely as an investment vehicle. Egypt offers many possibilities in the form of re-assignable off-plan contract options to sell at a substantial profit prior to completion, or "buy-to-let" situations to generate reliable rental income and eventually substantial capital appreciation.
Main Reasons Why Egypt is a Desirable Investment Location:
- Low property prices starting at around only £30k
- Steady year-on-year capital appreciation of between 20-30%
- Beautiful, well established tourist hotspots suitable for varied tourist interests, from excellent diving and snorkeling to cultural and historical locations
- Stunning natural, unspoilt landscapes
- Steady annual growth in tourist figures
- Less property taxes than paid in the UK
- No capital gains tax
- British residents avoid inheritance tax on any Egyptian properties
- Foreign investors are regarded by the government as a big investment opportunity and laws have recently streamlined procedures, making the purchase procedure easy.
- Strong economic growth and increased investment in infrastructure are boosting the property investment market as a whole.
- Warm desert climate with temperatures ranging from 14°C in winter to 30°C in summer creating a year-round tourist season
- Politically stable country
- Increased inward investment, creating a rich investment climate.
- Well renowned developers are creating luxury resorts to cater for Egypt’s new influx of international tourists
- Easy air access from many European destinations makes Egypt an ever popular medium haul holiday location
- Cairo International airport is being modernized and a new terminal is to be built by early 2007
- Low cost of living and maintenance costs English is widely spoken, after Arabic
The secret to a successful purchase of property abroad lies in finding the right property in the best location and snapping it up at the lowest price possible, before it becomes common knowledge. It is clear that wisely selected overseas property can offer some very secure and lucrative opportunities.
Whether your dream property abroad is a holiday apartment, town house, luxury villa or a plot of land, we are dedicated to helping you on your way, with independent advice and tailor-made investment plans for the purchase of your property abroad.
The Property Overseas Group have identified and showcase specific projects we believe offer exceptional investment opportunity. To view these, visit the website http://www.propertyoverseasgroup.com/
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