Latest News for Egypt
Property in Egypt a safe harbour from global financial woes
Thursday, 15 Jan 2009
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, is proving to be a safe haven from the economic woes of the rest of the world. Investors are afforded a low-cost entry point into the Egypt property...
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A perfect investment or holiday home property in Egypt
Wednesday, 14 Jan 2009
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 just a short stroll away from the host of amenities that the Hurghada centre has to offer. Step out...
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Egypt property a first-rate investment in 2009
Friday, 09 Jan 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 countries’ economies as the essential foundations that these institutions rely on were weakened....
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Many good reasons to buy property in Egypt
Thursday, 08 Jan 2009
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 and returns from rentals as much as 10%, it’s hard to beat. Its popularity with investors is due to a combination of low entry positions and the...
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Tourism in Egypt sky-rockets
Monday, 05 Jan 2009
The Egyptian government, in an attempt to bolster visitor numbers to the country to 14 million people, has engaged in a plan to attain this goal by 2011. With recent figures released by the United Nations World Tourism Organisation, this undoubtedly looks obtainable. UNWTO figures indicated a 20% increase...
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La Place: new Egypt property on the market
Wednesday, 31 Dec 2008
The Intercontinental district in the centre of Hurghada has been boosted significantly by the recent development of the La Place apartments in the south. The studio apartments are compact and convenient, and feature many extras such as the security of a ten-year builder’s warranty as well as an elevator...
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Red Sea Riviera in Egypt a Hot Spot Property at Zafarana
Monday, 29 Dec 2008
A modern, opulent beach holiday resort on The Red Sea at Zafarana is primed to turn into a real estate hot spot property in Egypt. The 5-star hotel is one of a comparatively recent variety of developments rising in Egypt and will draw in shareholders, divers and tourists to its unspoilt reefs and pure...
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Egypt continues to attract property investors
Thursday, 25 Dec 2008
Accommodation in Egypt remains favourably priced, despite its popularity as a tourist destination. The government has actively promoted property in Egypt to overseas investors, and has liberalised its laws accordingly to enable foreigners to own property there. There are now many options available to...
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Off-plan property in Egypt - Regency Continental
Monday, 22 Dec 2008
The Regency Continental, situated in the Intercontinental region of Hurghada, is now in the second phase of its construction, and nearing completion. The complex has proven to be popular with investors and holiday homebuyers, and many of the units have been sold. The Regency Continental is a private...
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Cairo’s Khalifa City will be built by Emaar Properties
Friday, 19 Dec 2008
A huge residential suburb in New Cairo will be built to accommodate thousands of impoverished Egyptians, which the U.A.E will fund and Emaar Properties will build. The Abu Dhabi Municipality signed the deal with Emaar Properties on Wednesday, and the firm is now wholly responsible for the US$100 million...
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