Egypt Red Sea Attracting Many Property Investors
Egypt is now one of the leading overseas investment property markets in the world.
Known around the globe for its 7000 years old civilization, Egypt offers a unique blend of ancient history and modern living. Egypt has long inspired people all over the world as the magical land of the Pharaohs and boasts 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 significant capital appreciation potential in certain areas like Hurghada properties for example which is a young property market with superb growth potential
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 no 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.
Some of the most popular destinations are Hurghada, Sahl Hasheesh and Sharm el-Sheik on the Red Sea coast. All 3 are growing in popularity and are now all great tourist attractions with fantastic 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 buy a unit 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 renting out and enjoying the property next summer. The developers also offer a guaranteed rental agreement of 5% per year for first 2 years then 10% per year for the next three years.
Hurghada Dreams lies in front of a large and well maintained public beach meaning the development has excellent sea views - even from the ground floor.
Interesting factors
properties have sea views
one and two bedroom units available
Strong capital growth predicted
Large public beach right in front
Commercial units including Abu Ashra Market
Rental & maintenance service
Investors at Hurghada Dreams will have the added value of a special membership scheme offering discounts to owners at a many of good local stores. Hurghada Dreams is a great Egypt investment property development being built and aimed at overseas buyers.