Foreign Investments & Investing Overseas: Egypt Real Estate Investment Opportunity

Wednesday, July 1, 2009

Egypt Real Estate Investment Opportunity


Egypt has much promise for the investor looking for reasonably priced real estate which can experience steady appreciation in value.

The real estate market in Egypt is quite strong, particularly along the Red Sea from Hurghada to Marsa Alam. With international airports serving both of these tourist destinations in Egypt, these properties for sale Red Sea Egypt offer faster return on investing than in many other foreign markets.

Real estate investors can invest in Egypt's real estate market today with complete confidence in their investment of properties. Foreign investors especially can find great opportunities, land parcels, private villas and even apartment buildings are available for purchase by foreign investors. Buying land in Egypt or buying an apartment building in Egypt can be very rewarding to foreign investors. Apartments are in high demand at the Red Sea as it is a very busy tourist area. Private apartments are appealing to many foreign visitors that desire to stay long term in Egypt. This causes opportunities for investors in Egypt to purchase apartments or flats, even to purchase an entire building with apartments and shops that can be rented or sold individually as condominium units.

When considering to buy real estate in Egypt, land parcels with direct beach frontage are available in Hurghada and there are not very many left. As we know, they're not making any more beach land, when it is sold then it will be gone. There are fantastic opportunities right now for anyone that wants to invest in beach property for private development or resort development in Hurghada Egypt.

Apartment buildings can be purchased which already has the permits and the main structure is already in place. This makes it easy and a real investment opportunity for an investor for Egypt property to purchase the building "shell" and then get quick finishing assistance from the seller. Investors which are prepared to complete these types of buildings can experience rapid returns on investment especially in Marsa Alam which is a newly developing area and doesn't have enough apartments or shops to meet the needs of the growing community. It's an excellent area, Marsa Alam international airport does serve the area regularly so it is easy accessible from Europe and the UK. Buying an apartment building in Marsa Alam in this way is beneficial to foreign investors because they don't have to deal with getting permits and permissions for construction.

If you're thinking of buying property in Egypt for investment, check out the land parcels available in Hurghada or to buy an apartment building in Marsa Alam.
Land parcels in Hurghada are available from 10,000m2 and a 13 unit apartment building with 7 shoppes can be purchased for 280,000US dollars.

More information can be obtained from www.redseaapartments.biz




Beach Property For Sale

Land Parcels for resort development. Direct beach access, priced to sell Red Sea, Hurghada, Egypt. Red Sea Resorts

Egypt Apartments For Sale
Brand new 1 or 2 bedroom apartments/flats in Red Sea city of Marsa Alam Egypt.Egypt Apartment For Sale
Blog Buzzer