Overseas Property Blogguide to international real estate investment |
|---|
Egypt is once again on the map of overseas property investors after Sam Zell listed the country as one of the top three property investment destinations worldwide. Zell who made billions back in 2007 when he sold his Equity Office Properties portfolio to Blackstone for an estimated $38 billion also mentioned Brazil and China as hot contenders for the run of hottest investment opportunities worldwide.
Just five hours away from the UK, lies a different world - Egypt. Known for its rich and history laden past, Egypt has attracted tourists for many years. In more recent years however Egypt has been known to attract a good number of property investors because of the favourable prices.
The market is buzzing with retires, investors and second home buyers. One huge advantage of living in Egypt is the cost of living. Compared to Western Europe, a decent lifestyle can be enjoyed by home owners without busting their budget.
Let’s take a closer look at what you can expect from Egypt and what it takes to make the transition.
Read the rest of this entry »
Friday, December 26th, 2008 
Posted by OP-Mall in 
