Egypt
Use this section to study the various options and find your ideal investment property and holiday home in Egypt. Egypt is a land of ancient civilizations and monumental historical sites. Its history spanning 7,000 years makes it probably one of the oldest vacation spots in the world. The Egyptian Tourism Authority is hoping to lure millions of tourists with a new advertising campaign called “The Gift of the Sun”. The campaign is a multi-million pound drive to significantly boost the number of who flock to Egypt every year. In 2005, a record 8.6 million tourists came to Egypt (840,000 British) and the government hopes to attract 16 million annual visitors by 2014. This increase in tourism is one of the key factors attracting overseas investor interest.
Now is the right time for you to be investing in property in Egypt:
- The Egyptian Government plans to attract 16 million visitors by 2014
- Booming tourism resulting in an increasing demand for rental accommodation
- Favourable tax legislation to encourage foreign investors
- Many flights available from UK to Egypt
- Strong inward investment creating a potential capital growth of between 20-30%
- Politically stable country
- Low cost of living
- Year round climate
Click here for more on the factors making Egypt a great investment
Visit Egyptian Tourist Board website