Foreign Investments & Investing Overseas: Buying Egypt property for sale
Showing posts with label Buying Egypt property for sale. Show all posts
Showing posts with label Buying Egypt property for sale. Show all posts

Thursday, April 15, 2010

Egypt Land For Sale (International Real Estate Listings -Beach front land for resort hotel developments)

Egypt land for sale international real estate listings may not show all the land for sale in Egypt and especially when looking for luxury real estate development parcels with beach front access which are in limited supply in some areas of Egypt.
Those seeking  properties and land for sale in Egypt for developing a resort hotel in the Red Sea Hurghada will find that while International real estate listings show properties for sale in Hurghada Egypt are abundant but for those seeking prime beachfront land for resort developers in Hurghada, one will find that there are a limited number of properties for sale at the Red Sea for beach front land for sale in Egypt.

Beachfront land for sale in Egypt International real estate listings to buy land for sale in Hurghada  Resort hotel developers may have interest in acquiring prime beach front land for sale in Hurghada Egypt.

Here are ideal locations to develop a resort hotel or luxury apartments and situate them on prime beachfront land properties for sale in Egypt  located with direct beach frontage in Hurghada Egypt which is the most popular tourist destination at the southern Red Sea of Egypt beach properties.

There is a limited supply of beach front  land properties for sale Hurghada Egypt for resort developers as  Hurghada Egypt has grown and most of the beach front land parcels have been developed by Red Sea development companies. These are the last of the beach front land parcels available in Hurghada Egypt and if you're interested acquire a beach front land parcel you can inquire.

For anyone interested in  land property for sale Egypt with direct beachfront access to the Red Sea here is the availability of beach land property in Hurghada Egypt and which is ready for resort or tourist development projects.
Spectacular beach front parcels available 1000m2 to 40,000 m2 and available for freehold land property purchase from $400 per m2.
Allows to build on 40% of the land and buildings can be up to 5 floors or stories high.

As these happen to be the last of the beach front land properties for sale in Hurghada, if you're a resort developer looking for investment land for sale, this prime beach front property with direct beach access for resort development send your confidential inquiry today. Serious inquiries only please.
Beach front land for sale listings are for sale by owner international real estate listings Hurghada Egypt Red Sea development properties for resort hotels developers and investors.




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Friday, July 31, 2009

Purchasing Egyptian Property: Practical Considerations

Many people are jumping on the opportunity to own property in Egypt . Especially so in the beautiful, beachfront destinations along the Red Sea in Egypt. The Red Sea has lured potential property owners with more than its charm. The economy is booming. Tourism is on the rise. And property values are expected to spike dramatically in the near future.

If you have read about all that Egypt has to offer and are dreaming of owning Egyptian property, there are some practical considerations that you should make. Fortunately, there is an abundance of information about purchasing properties in Egypt. You should take advantage of it. Learn all you can before making a decision to buy property in Egypt and think about the following practical considerations:

• Do you plan to move to Egypt or simply purchase a holiday home in Egypt?
How you will use the property will determine what type of property you will buy and how much it will cost to keep it maintained. If you choose to purchase a vacation property, you will have to pay a management company to maintain the property. Of course, you could rent the property out to make some extra money when you’re not using the home.

• Can you afford the property? A second home can be very expensive. Make sure that you know all of the cost involved. If you plan to move, there may be additional expenses that come along with living in a foreign country. Make sure you understand all of these costs fully.

• Can you make a living in the area? The economy at the Red Sea in Egypt is booming, but will you be able to make a living. If you posses certain trade skills, you should find out if these are in demand in the area before you make the decision to relocate.

• How long with you hold onto the property before you sell it? You should always have a financial plan for the future. If the property is an investment, have a clear idea of how you will manage your investment.

There is a great demand for housing in the Red Sea area of Egypt. If you plan to develop vacant land, you will need to understand all of the legal aspects of developing Egypt property. For example: It is not uncommon for it to take up to several months to receive a property title/deed for your property. You will still be able to develop and sell your property; however, you will need to understand how to legally do so.

There are also a few non-resident restrictions that you will need to consider. Currently, non-residents are allowed to own as much property in Egypt as they want. This avoids challenges if you planned to parcel off land, develop it, and sell each parcel individually.

While there are many practical considerations that you need to make before buying Egypt property, it is not that much different from purchasing property elsewhere. You should always do your research and make all real estate purchases with both eyes wide open.


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

Friday, July 24, 2009

Buying an Apartment in Marsa Alam Egypt


Brand new apartments located at the beautiful Red Sea city of Marsa Alam in Egypt southern Red Sea. Miles of pristine beaches await and a serene place for extended stays or as investment rentals. Marsa Alam is a world class diving destination with many unexplored diving treasures and a great overall atmosphere to get away.

It's an area that is growing quickly and is a prime investment area for anyone looking for an investment with good return potential.
In this brand new building, apartments ready for sale and they are discounted on
pricing so it is expected they will be sold rather quickly.

Marsa Alam is a very small village in Egypt's Red Sea area. It is a fast
growing place and has very good infrastructures in place so it is well on track to be one of the hottest tourist destinations in the Red Sea.
Marsa Alam has an international airport so it's just a short flight from Europe and the UK.
There is an elaborate yacht club which has been recently completed and the area close by is very pricey. Marsa Alam is sure to draw many good residents in the coming years as it is said to be the next french riviera..... we'll call it the prize of the red sea riviera.

It is already a popular destination for many people and local resorts enjoy a good volume of visitors. There are a few large resort hotels which exist in the area and there are numerous buildings under construction which will be other hotels, resorts and apartment buildings, shops, etc.
Everywhere you look today, in Marsa Alam, there is construction going on as the development continues from that of a tiny fishing village to a beautiful town at the Red Sea. Surely if you're looking for a place busy with tourists then this might not be the right place to you and maybe you should be looking at Hurghada instead. Hurghada streets are filled with tourists every day of the year and the night life goes on all night.
If you want peace and quiet and happy with the sand and the sea, then Marsa Alam is the place to be. If you want a great investment opportunity then buying an off plan apartment in Marsa Alam could be the best bet.

There are apartments available for sale right now which are in the process of construction in a brand new building. The building owner is Egyptian-American and he has taken every step to take care of the construction process to see that the quality of the building is very high. Additionally, he is taking the effort to be selective in the tenants which will have shoppes at the street level of the building.

The building is located in the town area and is just a short distance to the beach. (about 5 minutes walking). The building is located right on the corner of two streets and it will
have shops on the street level. At street level you can sit in the cafe, enjoy a cappuccino, smoke some sheesha, get something to eat or just enjoy watching the passers by,

The apartments are located on the upper floors. This property is basically "off-plan" since selling of the units is done as the building is being completed. Many people like this since it means they're getting a substantially reduced price, just 14000 Euros for a one bedroom unit and a 18000 Euros for a 2 bedroom unit.
This is a common way to buy in many places of the world, it works well and the Egyptian government does closely control and monitor these types of transactions in order to see that everything is legal and done according to the way it is supposed to be. You are able to own the property freehold and you can keep it forever, sell it, rent it, live in it or do whatever you might desire.

Some people might not be familiar with purchasing an off plan property but it is commonly done in Egypt and the process of purchasing this way works quite nicely so these apartments and shoppes will be sold and let in the traditional off plan contract for sale.

Buying off plan give you the chance to have a very special pricing on the apartment and then the interior is finished at additional cost. Interior finishing for a 1 bedroom unit is 8,000 Euros and finishing for the 2 bedroom unit is $10,500 Euros.
Some people prefer to finish it themselves, especially those that are local to the area. Many times foreigners want the apartments to be completed and we're happy to provide the finishing of the units if you desire that.

Our finishing packages will bring the apartments to American style finishing with nice bathroom fixtures, full shower and bath, kitchen with cabinets and a wardrobe closet for storage in the bedroom.
With our finishing packages, standard tile flooring will be added and the interior walls will be painted in neutral colors. Of course if you want a certain color theme we will be most happy to make it to your request.

With our finishing packages, just add furniture and you'll be ready to move in. Refrigerator and stove is not included in the finishing pricing, most people prefer to select one of their own choosing. Of course we can help you with these appliances and well as furniture if you need help.

The building will have an on site manager so there will always be someone around to help you with whatever you might need. Sometimes people buy the apartments for their own use and other times they are looking to get them as investment purposes.

As investments go, this is a great one as the apartments in Marsa Alam are in heavy demand. There are not many apartments there and this is an absolutely gorgeous place to spend some time. It's quiet there and a great place for those that want to get away from it all and enjoy life a little on the relaxed side of things.
If you're wanting to rent the place while not using it personally, there is a big rental market there for apartments and you would find it quite easy to have it rented whenever you like. Management companies are readily available to help with taking care of your guests while you're abroad.

The next step if you're interested is usually to see the place and make your choice of an apartment to purchase. A contract for the purchase will be made between us and the initial
payment is due at contract signing. The amount due for the first payment is 40% of the purchase price. The remaining 60% is payable according to the finishing time you request.

Apartments can be completed by winter 2009.
If this is a program that works for you, after the initial payment and good faith money at the contract, the remaining will be paid over 5 monthly payments with the final payment due at delivery of the unit to you.

Finishing packages for the units will be due during the final 3 payments.

If you're in Egypt or thinking about coming there and if you'd like to see the building you're welcome to let us know. It's a great offer and if it's what you're looking for then we're looking to help you select a unit and get signed up.
We'd like to help you in whatever way you need so just let us know what we can do.

If you're looking to make a great investment, Egypt is a secure place to do that. It's safe and the locals are very friendly to foreigners. In fact, if you're in Marsa Alam, it will more likely be that the Egyptians are the foreigners as the residents throughout the area are more European and from the UK. There are plenty of Egyptians but don't really expect them to be your neighbors, most of the apartments in Marsa Alam will be owned and occupied by foreigners. People are buying these apartments because it's a great investment and Egypt is such a friendly place to foreigners. Of course the beaches and quiet are tops on the list.
The Red Sea Egypt. Where the sun shines every day, 365 days a year.

Visit the website to see more about the Marsa Alam apartments


come stay awhile in Egypt



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

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

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Tuesday, June 16, 2009

Buying Egypt Property For Sale Is A Notion To Consider

Until about a few years ago Egypt property in was not a concept that generated immediate attention for many different reasons. Egypt hadn’t really established herself in the global real estate market due in part to lax governmental laws, an unfriendly infrastructure, inadequate building regulations, and difficult property taxes.

However, in recent times the scenario has changed. Though it cannot be said that this is a completely new Egypt being talked about and therefore any of the available Egypt property for sale in options can be picked, the situation has changed for the better. While there is not one factor that can be bestowed the credit for the improved property scenario, the government’s efforts in this direction has certainly helped the situation.

Egypt can now boast of an elevated rank in the Global Real Estate Transparency Index, as conducted and released by Jones Lang LaSalle. The country earned 59th position in the transparency survey. It can be argued that this is not a very bright achievement, but for those who are even slightly apprised of Egypt’s past property market situation can say what an achievement this is.
Another wing actively involved in illuminating the property in Egypt market is the Egyptian Tourist Authority. As per United Nations' World Tourism Organisation (UNWTO), tourism statistics have revealed a growth of 20% for 2007. West Side Village reports that Egypt will be the ninth most popular destination for holidays in 2009. The Egyptian Tourist Authority does not aim to stay content with just this increase in tourists. They want the number to increase to 16 million by 2014 because an increase in tourism brings many benefits to different sectors within the country, which includes the property market.

Egypt property in is extremely cheap to buy and a four hour flight from the UK efines the accessibility pattern. Hurgada for instance is a tempting offer; cheap property prices, no capital gains taxes, nominal registration fee, flourishing nightlife and more, together contribute towards the argument. Likewise El Gouna, Sharm el Sheikh and other areas on the Red Sea present serious offers in the property for sale Egypt category.

Buying property in Egypt allows foreign buyers to enjoy the same rights as Egyptian citizens, but it is suggested to tread with caution. The Egyptian property market has just started the course to advancement and cannot be treated on par with international standards. It is a young market with age old informal schemas still covering considerable portions. Trading with reputed developers is of increased pertinence and judging the track record of the developer, before getting into any legal contracts, is also of considerable relevance. However there is no dearth of respectable developers.

If the property you want to buy is an established property you will need to haggle. A saving of 10% can be achieved. Once the price is settled a contract will need to be agreed. If you are buying a new development or an off plan project the prices are determined in advance and there is little room for negation of the price. Before you commit to anything you must have your own lawyer who is not connected in any way with the sale.

If you need a mortgage for your Egyptian property, you may find it easier to obtain the loan from the UK, as the mortgage industry in Egypt is still in its infancy. Some Egyptian developers will provide loans in order to encourage you to buy from them. However, strings are often attached, which can include the loan being for a short period of time and being tied into the development should you wish to sell your property. Therefore when it comes to buying an Egypt property for sale, always seek good legal counsel.


Author: Dale Campbell



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
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