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Why British invest in Egypt Real Estate?
• Low property prices starting at around only £30k
• Steady year-on-year capital appreciation of between 20-30%
• Beautiful, well established tourist hot-spots suitable for varied tourist interests, from excellent diving and snorkeling to cultural and historical locations
• Stunning natural, un-spoilt 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 property in Egypt
• 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
Egypt Real estate offersLast edited by yassereloraby; 10-28-2011 at 09:11 AM.
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Growth Matters
Point to be noticed
• Steady annual growth in tourist figures
• Less property taxes than paid in the UK
• No capital gains tax
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