Latest Headlines

15/01/09 | Property in Egypt a safe harbour from global financial woes
While the rest of the world suffers in the throws of a global financial meltdown, property in Egypt, especially in the resorts along its Red Sea coast,...Read more
14/01/09 | A perfect investment or holiday home property in Egypt
The Marlion Residences property in Egypt is situated in one of the most sought-after places in Hurghada, mere metres from its very own private beach and...Read more
09/01/09 | Egypt property a first-rate investment in 2009
In 2008, the financial markets took some dramatic downturns with currency and stock market crashes, which has brought about a lack of stability in many...Read more
08/01/09 | Many good reasons to buy property in Egypt
When it comes to investing overseas, property in Egypt has many advantages over the rest of the world, with its prices increasing as much as 30% per year...Read more
More News

Egypt

The Arab Republic of Egypt is a country in north Africa with a population of 76.5 million people.


Egypt

The 16th most populous country in the world, the vast majority of its residents live near or on the banks of the Nile River, where the country's only arable land can be found. Around half of its population live in urban areas centring around Cairo, Alexandria and other towns in the Nile Delta.

The Sahara Desert covers large swathes of Egypt, with very little population found within its confines.

The country includes the Sinai Peninsula - a land bridge that connects Asia to Africa. It has borders with Libya to the west, Sudan to the south and Israel and the Gaza Strip to the east. The northern coast borders on the Mediterranean Sea, while the eastern coast is situated on the Red Sea.

Media, petroleum exports, agriculture and tourism are the main components of the country's economy. Despite the completion of the Aswan High Dam in 1971, dependence on the Nile, a lack of arable land and a rapidly growing population continue to place stress on Egypt's economy. Its main revenues now come from tourism and from traffic passing through the Suez Canal.

Egypt has been a republic since 1953, with Mohamed Hosni Mubarak holding the post of President of the Republic since 1981. Ostensibly organised into multi-party semi-presidential system, power rests almost solely with the president instead of being divided between the president and the prime minister as it theoretically should be.

Presidential elections in recent years have been plagued by allegations of rigging and fraud, meaning much of the populace is now sceptical about the progress of democracy within Egypt's political system.

With the exception of its Mediterranean coast, Egypt has a desert climate and suffers from the lowest levels of rainfall of any country in the world.

Charter services fly direct from London Gatwick to Egypt, and British Airways also services its major cities. British Mediterranean (a British Airways franchise partner) operates daily services from London to Alexandria.

A flight from London to Cairo takes around four hours and 45 minutes.


Similar Properties

Need Advice?

We at Property Select offer impartial advice on buying property overseas, contact us for more information.

We offer help booking investment trips and viewings of property, contact us today.

View Property in egypt.
Return to Egypt's main page.

Morrocan Property Guides - Download FREE now!

  • *
  • *

Register here | Forgot password?

Latest Developments

Gamsha Bay

Gamsha Bay, Egypt

Gamsha Bay

Price on Application
More property from egypt

Royal Beach

Egypt

Royal Beach

Prices From € 43,500
More property from egypt

Hurghada Dreams

Egypt

Hurghada Dreams

Prices From € 36,000
More property from egypt

Receive the latest industry news and property listins, direct to your in-box:

American Property Awards - Award Winner 2008