Property News for Egypt
Latest News
Buyer Beware of Building Standards if Buying Property in Egypt
One of the key differences between emerging property markets, such as those in Morocco, North Cyprus and Egypt for example and established real estate markets such as those in France, the Republic of Cyprus and Spain, can be tangibly observed in the form of building standards – or rather a lack of them!
And when it comes to Egypt it really is a case of buyer beware of building standards if buying property in Egypt because boy do they vary dramatically between constructors. The bottom line is that if you’re contemplating buying any unit in a high rise you need a structural engineer to check out construction techniques and even if you’re buying a low rise property you need to look at what’s being built around you…
Investing in Property in Egypt is not without Risk You Know
Regular readers will know that we at Amberlamb have welcomed the positive economic and political developments seemingly taking place in Egypt and recently heralded the emergence of the nation’s fledgling property market as an interesting choice for investment for at least the medium term. But please remember that investing in property in Egypt is not without risk you know…
While at the same time as investment property in Egypt is being heavily promoted by interested salespersons gearing up for the forthcoming UK based Homebuyer Show, wildcat strikes are in the news in Egypt as a huge gulf reveals itself as dividing the new affluent Egypt where GCC investment is pouring in and foreign property buyers are snapping up real estate for example, and the Egypt where poverty is rife and resentment is rising. Believing that an investment made is a profit guaranteed is naïve and there are certain factors you should at least be aware of before you commit.
Property in Egypt in 2007 an Interesting Investment Choice
All eyes are on Egypt and its economy at the moment as the Egyptian government continues its aggressive series of reforms designed to boost foreign direct investment, reduce a budget deficit, improve the lives of Egyptian people and ensure the nation performs to the best of its ability and is accepted globally by more nations as a trading partner and viewed as a politically and economically solid nation.
Property in Egypt in 2007 will represent an interesting investment choice and 2007 is likely to be one of the best years for investors to bag bargains in this emerging market that will reap them substantial capital appreciation and rental returns over at least the medium term.
Positive Economic Outlook Good for Egypt’s Property Sector
Our analysis of the recent comprehensive economic review of Egypt collated and produced by Moody’s Investors Service together with the latest economic findings of the Institute of International Finance relating to Egypt’s performance reveal an overall positive economic outlook emerging which is good for Egypt’s property sector.
Buying a Property in Egypt
For investors, second home hunters and even those looking to develop or renovate real estate, buying a property in Egypt just became a million times easier with the announcement that one of the leading financial institutions in the GCC has partnered with Egypt’s first mortgage company to develop, promote, market and sell a sophisticated range of property finance schemes for all those buying, investing or developing property in Egypt.
Property in Egypt
The ongoing management of investment property assets abroad is one of the most significant headaches that all international real estate investors have to suffer. Having fly to let property in Egypt for example or holiday homes in Croatia or any form of real estate investment in a country other than the one in which you live can be stressful, time consuming, expensive and also logistically difficult to manage; furthermore expert property management companies abroad can be very hard to find.
El Gouna Egypt
The inimitably stylish El Gouna development on the Red Sea coast in Egypt is the realisation of the vision of Orascom Hotels and Development and affords real estate investors a unique opportunity to buy into one of the region’s premier tourist and lifestyle resorts.
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