October 6, 2008
Egypt Red Sea Attracting Many Property Investors
Egypt is now one of the most popular overseas investment property markets in the world.
Known around the globe for its 7000 years old civilization, Egypt offers a superb blend of ancient history and modern living. The country has long inspired people all over the world as the magical land of the Pharaohs and has one of the most inspiring wonders of the ancient world.
Today Egypt is a modern state with a stable political system, stable currency strong economic growths, significant Foreign Direct Investment and thriving tourism industry which have all stimulated strong demand for real estate in Egypt.
Egypt currently has many fantastic investments opportunities which offer high capital appreciation potential in popular and thriving areas like Hurghada properties for example which is a that real estate market still in its infancy.
The marvellous weather, stable political and economical climates, current low prices and numerous attractions make Egypt a very desirable destination for tourism and investment.
Some would say that you will not find any country in the world can boast as many attractions as Egypt that anywhere else.
Ancient wonders including historical monuments and treasures , rich culture, low prices, superb climate, friendly population, excellent resort destinations and a great range of tourist activities. In fact, Egypt claims a third of the world’s ancient monuments and treasures which include, the only surviving wonder of the world the “Pyramids of Giza”, the adjoining Sphinx, the Valley of the Kings, the Karnak temple in Luxor and the famous Abu Simbel temple in Aswan.
Three very attractive places are Hurghada, Sahl Hasheesh and Sharm el-Sheik on the Red Sea coast. They are now all great tourist attractions with beautiful sandy beaches and magical underwater world of fish and coral that comes in a variety of colours and shapes. Diving and snorkelling are very popular activities because of the unique underwater ecosystem.
Hurghada Dreams is one of the Hurghada properties that’s extremely popular with Egypt property investors.
You can purchase now off plan for a very reasonable amount (1 bedroom apartment is under £30K) as the estimated completion is not that far away, due Q1 2009, so you could be using and renting the property next summer. The developers even offer a guaranteed rental agreement of 5% per year for first 2 years then 10% per year for the next 3 years.
Hurghada Dreams is situated in front of a big and well maintained public beach meaning the project has excellent sea views - even from the ground floor.
Key Investment Points
Sea View apartments
one and two bedroom units available
Strong capital growth predicted
Large public beach right in front
Good shops for all your needs
Rent guarantee and management
Owners at Hurghada Dreams will have the added value of a special membership scheme offering discounts to owners at a number of good local stores. This is just one example of the great Egypt investment property development being built and aimed at overseas investors and holiday home buyers.
Filed under Investment by financial_strategy






































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