Why buy a property in Egypt


The Egyptian Government had pursued economical and political reforms that had made Egypt 'Open For Business' which had the result of investors flocking into Egypt in the last 15 months from all over the world.

No capital gains or inheritance tax in Egypt.

52 weeks a year rental potential.

Those that invested in Egypt a few years ago have seen as good return on their investment. Egypt once again is an emerging market and investors once again will have the opportunity to expect a good capital return on their investment in property and also the rental opportunities are high as Egypt has sun all the year round and the Red Sea is now becoming famous as a winter sun resort.

Undoubtedly, over the past 2 years the unrest has had a negative effect on investment.

However, it is widely believed that Egypt is back on track to be the great nation it really is and foreign investment is now on the up again.

You now hear statements from foreign investors such as ' now is the time to get on the bus because as soon as the wheels start turning it will be too late!'

Egypt is focusing on its tourism to build this industry up again to be bigger and better than before.

We have 2 award winning new developments in Luxor and Sharm El Sheikh, both an desirable locations built by local developers recognized for their quality and timely delivery. They were one of the first companies in Egypt constructing residential apartments, established since 2004.

Check out our website for details of the newly built, bargain price apartments in Luxor and Sharm el Sheikh, which we have for sale www.ecsmproperty.uk.com. Our multilingual staff will be glad to assist with any questions you may have about the properties, buying process or even management and rental of the units. We look forward hearing from you soon.

18 Jan 2017

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