Egypt Property - Low Taxes, Low Prices, Low Running Costs

Hurghada Red Sea properties offer a wide variety of features that are attracting an ever growing number of property investors. From a near absence of taxes and extremely low running costs, through to the delights of the Red Sea coastal region, and the incredibly low priced properties with payment plans to suit all preferences, Hurghada Red Sea properties tick all the boxes for successful property investment. Properties in the coastal resort areas are completed to European design and finishes, many with full furnishings also included in the purchase price. Placed in comparison with various other emerging markets, Egypt is a destination investors continue to place an interest in. Just some of Hurghadas Red Sea location benefits include a year-round attractive climate located only 4 to 5 hours flight from many European cities. The climate and high tourist and visitor levels present potential year round rental income for buy-to-let investors. Egypt features world class tourist attractions, many within convenient reach of the Red Sea Riviera, along with festivals and carnivals. With the development of land along the Red Sea Riviera restrictions were placed to ensure that no more than 15% of the coastal land would be available for construction. This restriction has been designed to ensure exclusivity of the region and avoid problems associated with over development. Aside from the stunning beaches and desert safari’s attracting steady visitor growth figures, the world class diving opportunities are becoming increasingly popular and are a separate market in their own right. Egypt’s political stability has assisted with the growth of the tourist market and subsequent growth of the investment property market. The incredibly low priced real estate market with a wealth of additional features continues to remain attractive, with excellent capital growth and rental yield potential. www.investmentpropertyhotspots.com  

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