Egypt Property News

Travelling to Egypt from the UK is set to become easier for those in the North, as Jet2holidays and Jet2.com announce new flights from Leeds Bradford International Airport to Sharm el Sheikh.

A British developer has created a wonderfully attractive niche property market for those investors/holiday home seekers looking for something a little bit special.

If you are keen to preserve the planet for generations to come and are careful in the UK of how you live your life, then do not forget that if you are buying a home abroad, you need to ensure that you buy a property that has a good eco rating.

When the going gets tough the tough get going as the saying goes. This is typified nowhere better than in Egypt where one of the largest developers in the country is defying the odds to allow overseas investors a unique opportunity.

Egypt has long been pictured as a land of vast deserts and the resting place of mighty monarchs. In the past weary travellers through the barren wildernesses of the Sahara have imagined oases, date palms and other refreshing delicacies - all for it to come to naught , the imaginings of a fevered mind.

Egypt’s Red Sea resort of Hurghada enjoys enduring popularity with divers, golfers and beach-lovers all underpinned by the fact that winter sun can be reached in less than five hours from major European cities (London 4.5 hours, Munich 4 hours, Rome 3.5 hours). This is far from long-haul.

Where do you get all three? And what is a city doing underwater anyway? Answer : The Sahl Hasheesh (meaning Green Valley) megaresort - A mystical and timeless spectacular new resort on Egypt's Red sea coast just half an hour South of Hurghada. Sahl Hasheesh will compare with just about any world class resort when completed.

Even the Martians must have heard the crunch coming from planet Earth, so loud are the announcements being hurled at us almost daily.

With interest-free payment terms from as low as a £499 a month over just two years, investors can own a freehold property in the five-star tropical paradise of West Side Village in the Egyptian resort of Hurghada for the price of a family car.

EasyJet is comprehensively conquering the skies. Adding new routes on a seemingly daily basis, recently accelerated by the acquisition of GB Airways for £103.5 million in January of this year, the no-frills airline now has the Canary Islands, Malta, Crete, Corfu, Cyprus, Turkey, Sharm El Sheikh and Hurghada on its 2008 timetable.

A growing economy, investor incentives and superb holiday property at low prices makes Egypt a tempting market for many a shrewd investor. The Red Sea Coast offers a promising real estate market still in its infancy which is expected to spur on tourism, in line with government targets.

If you’ve always dreamt of buying a property abroad but have erred on the side of caution and never actually taken the plunge - fear no more.

Egypt is undoubtedly best known for its Pyramid’s, but its continued economic growth, including significant investment into communications and infrastructure is paving the way for property investors.

Egyptian investment bank Naeem Holding has released investment news that they are setting up a $200 million mortgage finance company to fund the growing demand for Egypt property investment.

Celebrating its tenth anniversary in October of this year, the prestigious yet punishing annual Pharaohs Rally will take place over a ten day period across some of the most stunning yet relentlessly harsh terrain in Egypt.

For those looking for bargain properties within 5 hours of the UK then new website egypt-revealed.com may have the answer.

For the canny overseas property investor, the term ‘emerging market’ creates a wave of excitement. In order to make the most out of a property investment it is wise to actively seek out markets offering high capital growth and strong rental potential and more often than not this means buying off plan.

Do you have an image in your head of how your dream home would look? Do you think you could knock the designer socks off Laurence Llewellyn Bowen and Linda Barker? And would you like to practice your design skills on a six bedroom luxury villa costing less than the price of a one bed flat in a less than salubrious area of London?

Every scuba diver and snorkeller knows that Egypt’s spectacular coral reefs are one of the underwater wonders of the world, but the waters of the Red Sea have more to offer for those wanting to keep their heads above water. Although fishing is not widely promoted in Egypt, anglers have long considered it to be one of the best spots for deep sea fishing in the world.

Only weeks after launching a unique new residential development on Egypt’s Red Sea Riviera, where it is possible for investors to recover their investment in just over four years, the agents are reporting that more than half of the properties have been sold off-plan.

Egypt could be labelled as the oldest tourism destination in the world. The inventor of the package tour, Mr Thomas Cook, was taking parties up and down the Nile from as early as the 1860s and today millions of people every year follow in their footsteps and take themselves and their cameras to marvel at the pyramids and the monuments of ancient Luxor.

Construction work is underway on a unique new residential development on Egypt’s Red Sea Riviera where it is possible for investors to recover their investment in just over four years.