Egypt offers much for European investors : European investors looking for an overseas property should consider looking for real estate in Egypt, it has been suggested. The destination offers quick and easy access from Europe as well as an idyllic year-round climate and cheap property prices, the Port Ghalib Red Sea group explained. In particular, the body recommended looking at homes in Marsa Alam, with the region easily accessible for tourists and investors by both air and sea.
Egypt offers much for European investors : European investors looking for an overseas property should consider looking for real estate in Egypt, it has been suggested. The destination offers quick and easy access from Europe as well as an idyllic year-round climate and cheap property prices, the Port Ghalib Red Sea group explained. In particular, the body recommended looking at homes in Marsa Alam, with the region easily accessible for tourists and investors by both air and sea.
Ibrahim Saleh, spokesman for the group and vice-president of the Al Kharafi Group, said that Marsa Alam would become “one of the biggest stories in property in the next decade”.”While Hurghada and Sharm El Sheikh are known as some of the hottest destinations in the world, Marsa Alam is a new destination with low property prices and a young tourist market which is set explode in coming years,” he added. Meanwhile, according to a recent Jones Lang LaSalle survey, Egypt is one of the top destinations for investment in the Middle East and North Africa region.
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Property in Egypt, Investment in Egypt, Holiday in Egypt,Real estate
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