Throughout the year, Egypt offers visitors sunny weather, great historic treasures, most dating back to the year 3,200 BC, Warm waters of the Mediterranean and the Red Sea coral reefs that attract tourists from all over the world. There are low tax charges including no inheritance tax. Egypt's economic growth in 2008 was 15% and is still growing. All of this just four hours flight from Europe.

Knowing these factors, it is not surprising that the Egyptian Real Estate market is beginning to gain strength. Only last year, the country was visited by 9 million holidaymakers, with a steady growth until 2010 when Egypt expects up to 16 million tourists from all over the world. The ever expanding Real estate market in Egypt offers great investments for potential buyers,. Real estate in Egypt is increasingly attracting foreign buyers who would like to buy property in exotic, historic and beautiful counties with a warm climate at affordable prices.

 According to the Ministry of Tourism in some regions of Egypt prices over the past 2 years have increased by 50%. In Egypt, you can expect a high return on your investment. Egyptian property has shown a 20% increase per year for the last 2 years.

Despite the high demand, the overall Real Estate prices are still in line with Egypt's status as a new participant in this market. The average 2 bedroom apartment of around 70metres can still be bought for 25,000 pounds sterling. However, it is predicted that these prices cannot hold as the cost of raw materials in Egypt is rising rapidly.

In the coming years, the Egyptian Government expects significant growth in the property market. After years of economic reforms, Egypt is ready for outside investment. Due to the large flow of tourists, the real estate market in Egypt offers quick turnover of investment properties either through holiday home rentals or quick resale and quick profit.

.......
Since 2004, the Government of Egypt, seeking economic growth, has conducted a series of reforms in the area of customs and tax revenues and privatisations. The prevailing favourable economic environment has been stimulated by the strong pound. Today, several major international construction companies have been attracted to the Egyptian market; because of this buyers from all over the world are making Egypt a safe and stable target for investment.

Overall, the outlook for Real Estate in Egypt is positive. Egypt has friendly relations with many of the leading countries in the world and is politically stable. A number of government initiatives and economic policies aimed at attracting investment from foreigners have been passed.