A lot of people interested in property for sale abroad it is the money making potential as an investor or those looking for a great second home to relax and enjoy the good weather and or get active exploring and taking part in the many different leisure activities. This is especially true for people interested in Egypt property and real estate investments.

Below are the top reasons why investors are purchasing property in Egypt

Capital Growth: Some properties in the main resorts in Egypt have increased in price by 20% - 30% year on year.

Government Incentives: The government in Egypt are actively encouraging overseas property investors and have the following incentives.

No stamp duty
No capital gains tax
No inheritance tax
No stamp duty
No government tax
Less property tax than the UK

Low Cost of Living: The cost of food and consumer is a lot less than that of the UK and you will also find excellent retail shops.

Low Cost of Property: In Egypt the price of real estate and holiday properties is a lot less than other destinations and especially the UK as you can currently purchase a nice two bedroom apartment for under £50K.

Wide Choice of Property: A good range of luxury properties are being built at very affordable prices meaning you can afford a luxury Egypt property for a lot less than you might think.

Favourite Holiday Destination: Egypt is a famous holiday destination for the many unique and amazing attractions like the Pyramid of Giza or the famous the Nile river as well as many other historic buildings and attractions like the pharaoh’s tombs for example. Nowadays Egypt is also extremely popular with beach holiday lovers and water sports enthusiasts and scuba divers as the Red Sea has some of the best diving spots in the world.

Fantastic Climate: Egypt benefits from all year round sunny weather with average temperatures of 14°C in winter to 30°C in summer creating a year-round tourist season.

Beautiful Coastline: with miles of un-spoilt sandy beaches including the Red Sea coral reefs which as said above are some of the best diving spots in the world which are popular with both expert and beginner divers.

Strong Tourist Market: The number of visitors to Egypt is increasing rapidly and not only the number of tourists is increasing but they are also staying for longer periods. Egypt is the number 1 tourist destination in the Middle East and the Eastern Mediterranean according to the number of arrivals and tourist nights. International tourist arrivals increased substantially over the past few years reaching about 10 million in 2007.

Good Rental Potential: Egypt being an attractive holiday destination with a sunny all year round makes for very good rental potential for the right kind of Egypt property in the popular resorts and destinations especially on the coastline of the Red Sea.

Growing Domestic Market: Egypt’s middle-class population is increasing constantly meaning that these wealthier Egyptians have higher income and purchasing power and will therefore be looking for quality accommodation to rent or purchase. This trend will push the prices of real estate in Egypt up and should have a positive impact on the overseas investment market.