Analysis of Egypt Property Market
The strengths of the emerging Egypt property market are numerous. Here are a few of the reasons why Egypt is emerging as a property investment hotspot:
- Egypt already has huge popularity amongst British tourists
- Egyptian government committed to economic reform and Western support
- Real domestic GDP growth 4.3% pa average 2002-2006 (source EIU)
- Property in Egypt’s upcoming resorts is attracting a lot of attention from the more experienced UK investors mainly due to current price, the exotic location and potential returns.