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The Red Sea Riviera - the pearl of Egypt

Only 5 hours away yet a world a part, Egypt is a country like no other. Complete with ancient history, mesmerising cities and breathtaking beaches on the Red Sea, Egypt is a paradise for people looking to purchase an overseas property in a paradise where the benefits are fantastic.

Egypt is just 5 hours from the UK, more affordable than the UK, and is a place that offers very good rental opportunities. Egypt is not expected to suffer economic decline during the global downturn, as its sources of revenue are from Middle Eastern banking systems and trade, a region widely predicted to withstand the external pressures that will influence the rest of the world’s markets.

Egypt’s year-round lovely climate – especially on the Red Sea - is just one of the many benefits of this superb place, not to mention the very good tax laws (no capital gains or inheritance tax), very good capital growth predictions and vibrant and exciting culture and people. Egypt’s prime area is, and Sharm El Sheikh inparticularly – fast becoming known on a around the world as the destination to be on the Red Sea. Sharm El Sheikh is a luxury region filled with resorts and big named hotels, restaurants from around the world, water sports and golf course. And, to top it off, the Red Sea offers some of the best snorkelling and scuba diving in the entire world. Egypt is a unique market, unique because luxury front-line development with quality properties are being constructed at a fraction of the cost as other resort areas. Egypt property is vastly underpriced and the demand for these properties clearly outweighs the supply. Few opportunities still exist anywhere in the world to purchase premium beach front properties at baseline price levels, particularly within this close proximity to Europe. Apartments in Egypt can start from as little as £26,068. The excellent priced properties are complimented by a string of other benefits in Egypt. The fact that the tourist market is only increasing and expanding at exceedingly fast rates is a great indicator for the rental market. The tourist industry is established and thriving and this will remain the scenario with Egypt. This is one of the primary reason people choose this place as the rental market is year round and will always be healthy.

Affordable cost of living making affordable holidays is another attractive benefit to this magical place. Egypt’s road infrastructure in the area is well constructedArticle Submission, a further bonus compared with other countries that require the patience of waiting for supporting infrastructure to catch up to the demands of high visitor numbers. Now is the time to invest in an Egypt investment property while prices are incredibly under market value.

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This article is written by Sharon Harris, Marketing Manager for Experience International, a specialist overseas property agency based in central London.


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