Egypt Property
Winter sun, fascinating culture and low prices makes Egypt property a great investment or holiday home for all seasons.
With flight times of around five hours and stacks of property in Egypt for less than £100,000, Egypt is proving one of the most popular second-home hotspots.
The most sought-after destinations for Egypt properties are the resorts of the Red Sea. The largest town, Sharm el Sheikh, has seen rising numbers of expats who buy Egypt property over the past few years, which in turn has driven up prices. As a result, developers have moved to other locations, such as Hurghada, Marsa Alam and further afield. There are less-developed resorts once presented problems for buyers of Egypt property for sale, due to their distance from Sharms airport and lack of amenities.
Most properties in Egypt are in new-build complexes with a range of facilities that will usually include pools, bars and shops or maybe a spa. Many of the best cheap property in Egypt are to be found in areas such as Na'ama Bay and Nabq Bay, just outside Sharms centre.
If pure investment, rather than a traditional holiday home is what youre after, then a property in Egypt may be able to serve you well there too. Cairo and its suburbs are seeing increasing numbers of residents, as local and foreign workers move to the city, in addition to increasing numbers of city-break tourists and expat Egyptians who want to buy a base in their home country.
Whether you go for beachside bliss or city chaos, one thing is certain. Egypt may be rich in many things but you dont need to be wealthy to buy Egypt property - or live there.
Some information contained herein may have changed since it was first published. Homes Overseas strongly advises you to seek current legal and/or financial advise from a qualified professional.