If you’re looking for an overseas property for sale, Egypt is the country of choice for investors, as investors are benefiting from high returns from both rental yield and capital growth.
Property Investments
In recent years Egypt has started to attract an increasing numbers of visitors and property buyers alike. Apart from the resorts, the majority of property investments are taking place in the major cities, such as Cairo and Alexandria, and the major cities are currently attracting as much as 25% annual capital growth.
When you’re looking for property for sale, Egypt offers old properties, new builds, and off-plans. When buying off-plans (buildings not yet built, and the sale is based on the plans of the building) you get the opportunity to reserve your property at around 30% below market value. The reason properties are offered at a reduced price is to attract individuals who are in no hurry to take occupation, but realize the significant savings of early purchasing. Buy–to–let investors can hope to achieve good rental yields from a well–located property as the climate in Egypt supports a year–round tourism industry. If you’re a looking for a commercial property for sale, Egypt is an attractive location for shopping mall developers, as the total number of malls in the country is relatively low for a population of 72 million.
Tourism
Egypt is a vast and wonderful country and is synonymous with pyramids, Pharaohs, and temples. Egypt is an unmissable destination and it remains one of the world’s most fascinating travel experiences. Throughout history it has attracted many famous travelers, archaeologists, treasure hunters and, more recently, sightseers wishing to see the famous sites of ancient Thebes, Aswan and Cairo. Egypt is also a hotspot for divers as the water is warm, there are beautiful coral reefs that are home to an abundance of colorful sea life, and there are several ship wrecks to discover.
Remember that Egypt is a conservative society, and visitors should respect local customs and sensitivities, and dress modestly. For women especially, the wearing of long skirts or loose fitting trousers, and shoulders covered, discourages physical and verbal attention.
Geography
Egypt is bordered to the north by the Mediterranean, to the south by Sudan, to the west by Libya, and to the east by the Red Sea and Israel. Egypt is in the arid desert belt and it is very hot in the summertime and cool at night. In the wintertime it is warm during the day but cold at night. Most of the country is covered by desert, except in the valley of the Nile River where 95% of the population lives.
Conclusion
Egypt is growing both in the tourist market and the property market. Investors looking for a low risk place in which to invest their money would be wise to seriously consider Egypt. Once people realise that Egypt is more than just history and culture, the Egyptian property market will really escalate, and when that happens, investors who have bought into the property market early are certain to make a very good return on their low risk investment. The crucial point when purchasing a property in Egypt is to find the right property in the right location and getting it at the lowest price possible. When such a purchase is based on careful research and advice, your property can provide you with a secure and profitable investment. So when you’re looking for an overseas property for sale, Egypt can offer you many benefits and rewards.
Author: Vincent Shaw
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
Showing posts with label land developers. Show all posts
Showing posts with label land developers. Show all posts
Saturday, June 13, 2009
Turning Land Into Cash
Land investment is no longer the preserve of the super-wealthy and big developers. As a small investor, and with a little help, you can now turn land into cash.
What’s the attraction of land?
When you’re thinking of something to do with your money, land is rarely at the top of the list. That’s because most people assume that any land with development potential will be too expensive for them, and so they turn to more affordable investments such as savings accounts, FTSE 100 company shares and tracker funds. Take another look at the potential of land though, because it could make you more money than all your other investments combined.
Why are the potential profits so great?
As a private investor, you will be buying a parcel of land within a larger plot; this is what makes it affordable. The land company buys a large area of land that it has researched and which it thinks has a high likelihood of being ear-marked for housing development in the future. The land is reasonably cheap because it doesn’t have planning permission attached to it, and so the investment company divides it into smaller plots so that private investors can buy affordable land. If the company is right, and the land is later granted planning permission, the value of the land increases substantially – sometimes by as much as 800% - and significant profits can be made. The UK’s demand for housing is increasing every year and there is a constant need for new development, so more land is needed to fulfil the housing need.
Are there risks?
Land is the same as any other investment; profits cannot be guaranteed. There is a risk that planning permission will not be granted for the site where you hold land. That’s why you should always speak to a reliable land agent and make sure that you are happy with the investment company’s reasons for thinking that the land has development potential. No land agent should promise profits, but if you invest wisely, you could see an amazing return on your investment.
Author: Strategic Land Investments
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
What’s the attraction of land?
When you’re thinking of something to do with your money, land is rarely at the top of the list. That’s because most people assume that any land with development potential will be too expensive for them, and so they turn to more affordable investments such as savings accounts, FTSE 100 company shares and tracker funds. Take another look at the potential of land though, because it could make you more money than all your other investments combined.
Why are the potential profits so great?
As a private investor, you will be buying a parcel of land within a larger plot; this is what makes it affordable. The land company buys a large area of land that it has researched and which it thinks has a high likelihood of being ear-marked for housing development in the future. The land is reasonably cheap because it doesn’t have planning permission attached to it, and so the investment company divides it into smaller plots so that private investors can buy affordable land. If the company is right, and the land is later granted planning permission, the value of the land increases substantially – sometimes by as much as 800% - and significant profits can be made. The UK’s demand for housing is increasing every year and there is a constant need for new development, so more land is needed to fulfil the housing need.
Are there risks?
Land is the same as any other investment; profits cannot be guaranteed. There is a risk that planning permission will not be granted for the site where you hold land. That’s why you should always speak to a reliable land agent and make sure that you are happy with the investment company’s reasons for thinking that the land has development potential. No land agent should promise profits, but if you invest wisely, you could see an amazing return on your investment.
Author: Strategic Land Investments
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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