PeterMitry

Originally Posted by PeterMitry

My name is Peter Mitry and I am the owner of Egypt Real, a full service real estate brokerage based in Hurghada on Egypt's Red Sea coast. We were the first Brokers to introduce the concept of due diligence to the Egyptian market and we use an independent law firm to validate all documents provided by Developers. We welcome enquiries from any Realtors who are looking to sell in our market. Post Revolution Egypt is set to go into overdrive once the election process is complete. We still have front

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Originally Posted by PeterMitry

Egypt's Real Estate market was booming until 25th January 2011 when the Revolution occurred; now one year on the market is recovering but most people are waiting to see a positive outcome to our first free democratic elections in June 2012. For a more detailed update read my Blog - Egypt's New Dawn 2012.

Originally Posted by PeterMitry

Egypt's Real Estate market was booming until 25th January 2011 when the Revolution occurred; now one year on the market is recovering but most people are waiting to see a positive outcome to our first free democratic elections in June 2012. For a more detailed update read my Blog - Egypt's New Dawn 2012.

During the past year the people of Egypt have see-sawed from highs to lows and back again. After the Revolution of January 25th 2011 and the elation that followed, came the realisation that nothing would change quickly after 60 years of repressive government and almost zero investment in infrastructure and new development.

The harsh reality is that after 60 years of dictatorship there were no natural successors to the ousted regime and without massive investment ...

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