Why Invest In Egypt?
Property investors today seek emerging markets such as Egypt for a stable investment with good growth rates. Learn below why Egypt property offers such great potential.
Today, investors seek the stability and simplicity of the property market to gain good returns on investment. Under-performing stock markets are often proving more volatile than property and this is especially true for the non-professional as there are many external factors that can effect your financial investment. Did you know that 50% of the members of The Times Rich List made their money through investing in property?
The benefit of buying specifically for investment purposes is the removal of emotion from your purchase while property is used purely as an investment vehicle. Investment property in Egypt offers many possibilities in the form of re-assignable off-plan contract options to sell at a substantial profit prior to completion, or \"buy-to-let\" situations to generate reliable rental income and eventually substantial capital appreciation.
Main Reasons Why Egypt is a Desirable Investment Location:
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Low property prices starting at around only £30k
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Steady year-on-year capital appreciation of between 20-30%
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Beautiful, well established tourist hotspots suitable for varied tourist interests, from excellent diving and snorkeling to cultural and historical locations
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Stunning natural, unspoilt landscapes
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Steady annual growth in tourist figures
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Less property taxes than paid in the UK
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No capital gains tax
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British residents avoid inheritance tax on any property in Egypt
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Foreign investors are regarded by the government as a big investment opportunity and laws have recently streamlined procedures, making the purchase procedure easy.
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Strong economic growth and increased investment in infrastructure are boosting the property investment market as a whole.
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Warm desert climate with temperatures ranging from 15°C in winter to 35°C in summer creating a year-round tourist season
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Politically stable country
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Increased inward investment, creating a rich investment climate.
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Well renowned developers are creating luxury resorts to cater for Egypt’s new influx of international tourists
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Easy air access from many European destinations makes Egypt an ever popular medium haul holiday location
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Hurghada International airport is being modernized and a new terminal is to be built by early 2010
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Low cost of living and maintenance costs
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English is widely spoken, after Arabic
With a growing economy and major developments in the tourism sector, Egypt satisfies the requirements of many discerning property investors today.
Forward thinking government policies and a solid infrastructure are making Egypt the next property and tourism hotspot. With high capital returns of up to 30% per annum in key locations, the investment climate in Egypt is widely regarded as a promising one.
Due to recent reforms, the process of property purchase in Egypt has been streamlined, facilitating property purchase for overseas buyers and focusing investors\' attention on Egypt as a prime investment location.
International Property Investment Network (IPIN) and Egypt
An International Property Investment Member Network (IPIN). Highly regarded for sourcing carefully selected Egypt property investments, it also includes valuable land sourcing services for its members.
In addition, members can access advice and research from our experts on investment propertyin Egypt. IPIN will identify the most lucrative opportunities currently available in Egypt and match them to your particular investment requirements.
Why Invest in Egypt?
Egypt today offers a solid economic climate in which to invest. An emerging property market in key tourist locations is already offering excellent returns on investment and shrewd investors are eager to get involved, while prices remain stunningly low.
Natural and Cultural Factors
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Warm desert climate with year-round sunshine and average temperatures of between 15 and 35°C.
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Great natural beauty with fantastic scenery - stunning white sandy beaches, coral reefs and desert landscapes, giving rise to great recreational activities.
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Rich cultural and historical interest, dating back some five thousand years.
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Friendly nature of the Egyptian people, many of whom speak some English.
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Easy access via direct flights from many international airports. At only 5 hours journey time, Egypt is the number one medium haul tourist destination from Europe.
Economic Factors
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Property price returns of up to 30% per annum in some locations.
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Low cost of living and very low property prices.
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Strong economic growth in recent years (GDP 4.5% in 2005).
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Government reforms and incentives for foreign investment, making the property investment process easier than ever before.
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Strong growth in the tourist industry due to increased air services, modernization of amenities and luxury resorts under construction.
Land for Development/Project Sourcing
majestyestate.com offer their customers a comprehensive source of information regarding the newest land investment opportunities available in Egypt. We are always careful to source you the best land investments in Egypt before they become general knowledge.
Customers can receive valuable assistance and contacts in the setting up of joint ventures within our network. All developers or partners are carefully vetted by us before they join the network. Due to the a boom in worldwide property investment in general, Majesty For Real Estate Investment is in constant contact with a growing number of large scale or individual investors, as well as investment consortiums, all of whom are constantly on the look out for the best land investment options in Egypt.
Off Plan Property In Egypt
We specialize in off-plan investment opportunities in Egypt. Below is an explanation of some of the reasons why off-plan property is highly beneficial to our investors.
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Off-plan investment allows investors the important opportunity to buy at the lowest price possible and achieve maximum returns on investment.
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If you keep your property for a longer period of time, excellent rental income can be achieved, while your property further appreciates in value.
Off-Plan Property in Egypt
The best investment property in Egypt today is to be found in off-plan developments. With the introduction of new reforms, the government of Egypt has created an excellent climate for overseas investment in Egyptian property. A number of new luxury resorts are becoming a major source of interest amongst international property purchasers with a keen eye for a bargain. A growth rate of up to 30% being obtained in the main resorts is another obvious attraction.
It may be possible to purchase off-plan properties as these development projects are completed, but prices will be substantially higher as the original investor will already be pocketing his/her return on investment. Majesty For Real Estate Investment sources quality new investment opportunities in Egypt in areas that offer the greatest potential for capital appreciation. These opportunities are normally located in popular tourist areas that will allow investors to generate high rental returns.
Buying off-plan property in Egypt is a relatively easy process and allows you to purchase at the lowest possible price while taking advantage of the best possible finance options available.
How can property be cheaper if bought off-plan – How does it work?
Developers are always exposed to risk and it is clear they wish to cap this risk as quickly as possible and limit bank loans and other debts. They therefore sell off-plan units at excellent prices. Buyers are unable to see a physical property yet and must rely on the location and artist impressions, diagrams and computer simulations, and for this reason they expect a reduction in price.
Excellent finance structures are in place for off-plan purchasers, which are a valuable advantage to the off-plan strategy. Depending upon the project, the investor usually only needs to pay around 20-40% of the value of the purchase in the form of a deposit, while the rest is payable when the project is completed.
When you decide to invest in off-plan property in Egypt, you will need to choose an appropriate strategy to adopt to achieve a good return on investment. Our investment experts will gladly help you choose the most appropriate method and create you an investment plan, be it a \"Pure Investment\" or a \"Buy-to-Let\" strategy.
Maximizing Profit From an Off-Plan Investment in Egypt
We cannot over-emphasize the importance of purchasing off-plan property as soon as possible within an emerging property market. Prices will be very competitive but rising fast. Investors who purchase early will always see the best returns.
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Purchasing the best units
By purchasing early, shrewd investors also have the opportunity to purchase the most sought after properties on any given development. Due to demand, these units always offer the highest capital appreciation in the least amount of time and will command the greatest rental income.
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Price increases as development matures
When construction begins on a given development, the value of the units begins to rise steadily. A completed show home is then available for viewing and buyers take on less risk as they now need not rely entirely on plans.
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Price appreciates as more units sell
Buyers begin to purchase units while construction is in progress and as they sell, so the price of the remaining units rises steadily. A phase payment structure is often in operation which reflects the increasing value of the properties. To early investors, this means that should you decide to sell your property at this stage, it will be worth considerably more already than when you made your initial purchase and paid the 30% deposit.
Excellent investment choices can be made in this arena. We specialize in helping you select the best ones for your needs and generate personal wealth through safe and intelligent property investment in off-plan property as an investment vehicle.
Majesty Staff are waiting for your questions
info@majestyestate.com
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