Friday, July 18, 2008
Egypt A sound emerging property market
Author: Greg Walters Article: With over one million UK holidaymakers visiting in 2006 and property price rises already outstripping most emerging markets, experts are predicting that Egypt could offer one of the greatest overseas property investment returns currently available worldwide. According to Egypt's Tourism Authority, over one million UK holidaymakers visited Egypt in 2006, representing a 25% increase on the previous year. Property price rises are already outstripping most emerging markets and experts are predicting that Egypt could offer one of the greatest overseas property investment returns worldwide currently available. Average property prices in Egypt are expected to rise by 20% in 2007. Since Egypt’s Economic Reform Program in the early 1990s, which focused on stabilising the economy, improving public finance and exchange rate policies, the economy grew by 6% in 2006 and the anticipated growth this year is 7%. Property purchase is relatively simple in Egypt requires no purchases taxes, stamp duty, income tax nor capital gains tax and there is no restrictions on freehold ownership of property for foreigners. A rapidly expanding tourist market, the country, which is on course to welcome 16 million visitors from around the world by 2014, has benefited from one of the fastest growing property prices in the world, with the average property price rising by 50% in the last two years. It also offers one of the highest returns on investment worldwide, with rental yields in key tourist resorts reaching 11% compared to 4-6% in the UK. Despite the recent boom, current prices still reflect Egypt’s status as a new player in the property market and offers excellent value for money. A 1 bedroom apartment on Egypt’s Red Sea coast could be purchased at around £25,000GBP. $50,000 USD. However, prices aren’t expected to remain at these levels for long, as demand soars. Approximately 2,000 properties where purchased by overseas buyers in 2006 and this figure is expected to double in 2007 and reach 10,000 by 2010, pushing prices up by as much as 20% per annum for the next three years. More information regarding property in Egypt can be found at www.offplanpropertyabroad.com About the author: Greg Walters is principal of a leading overseas property consultancy based in Staffordshire in the United Kingdom.
Overseas Property for Sale â€" Egypt has it all
Author: Vincent Shaw
Article:
If you’re looking for an overseas property for sale, Egypt is
the country of choice for investors, as investors are benefiting
from high returns from both rental yield and capital growth.
Property Investments
In recent years Egypt has started to attract an increasing
numbers of visitors and property buyers alike. Apart from the
resorts, the majority of property investments are taking place
in the major cities, such as Cairo and Alexandria, and the major
cities are currently attracting as much as 25% annual capital
growth.
When you’re looking for property for sale, Egypt offers old
properties, new builds, and off-plans. When buying off-plans
(buildings not yet built, and the sale is based on the plans of
the building) you get the opportunity to reserve your property
at around 30% below market value. The reason properties are
offered at a reduced price is to attract individuals who are in
no hurry to take occupation, but realise the significant savings
of early purchasing. Buyâ€"toâ€"let investors can hope to
achieve good rental yields from a wellâ€"located property as the
climate in Egypt supports a yearâ€"round tourism industry. If
you’re a looking for a commercial
href="http://www.homesoverseas.co.uk/property-for-sale-in-egypt/1
244">property for sale, Egypt is an attractive location for
shopping mall developers, as the total number of malls in the
country is relatively low for a population of 72 million.
Tourism
Egypt is a vast and wonderful country and is synonymous with
pyramids, Pharaohs, and temples. Egypt is an unmissable
destination and it remains one of the world’s most fascinating
travel experiences. Throughout history it has attracted many
famous travellers, archaeologists, treasure hunters and, more
recently, sightseers wishing to see the famous sites of ancient
Thebes, Aswan and Cairo. Egypt is also a hotspot for divers as
the water is warm, there are beautiful coral reefs that are home
to an abundance of colourful sea life, and there are several
ship wrecks to discover.
Remember that Egypt is a conservative society, and visitors
should respect local customs and sensitivities, and dress
modestly. For women especially, the wearing of long skirts or
loose fitting trousers, and shoulders covered, discourages
physical and verbal attention.
Geography
Egypt is bordered to the north by the Mediterranean, to the
south by Sudan, to the west by Libya, and to the east by the Red
Sea and Israel. Egypt is in the arid desert belt and it is very
hot in the summertime and cool at night. In the wintertime it is
warm during the day but cold at night. Most of the country is
covered by desert, except in the valley of the Nile River where
95% of the population lives.
Conclusion
Egypt is growing both in the tourist market and the property
market. Investors looking for a low risk place in which to
invest their money would be wise to seriously consider Egypt.
Once people realise that Egypt is more than just history and
culture, the Egyptian property market will really escalate, and
when that happens, investors who have bought into the property
market early are certain to make a very good return on their low
risk investment. The crucial point when purchasing a property in
Egypt is to find the right property in the right location and
getting it at the lowest price possible. When such a purchase is
based on careful research and advice, your property can provide
you with a secure and profitable investment. So when you’re
looking for an overseas property for sale, Egypt can offer you
many benefits and rewards.
About the author:
Vincent Shaw wrote the Article 'Overseas Property for Sale â€"
Egypt has it all' and recommends you visit
http://www.homesoverseas.co.uk/property-for-sale-in-egypt/1244
for more information on
href="http://www.homesoverseas.co.uk/property-for-sale-in-egypt/1
244">cheap properties for sale Egypt
Article:
If you’re looking for an overseas property for sale, Egypt is
the country of choice for investors, as investors are benefiting
from high returns from both rental yield and capital growth.
Property Investments
In recent years Egypt has started to attract an increasing
numbers of visitors and property buyers alike. Apart from the
resorts, the majority of property investments are taking place
in the major cities, such as Cairo and Alexandria, and the major
cities are currently attracting as much as 25% annual capital
growth.
When you’re looking for property for sale, Egypt offers old
properties, new builds, and off-plans. When buying off-plans
(buildings not yet built, and the sale is based on the plans of
the building) you get the opportunity to reserve your property
at around 30% below market value. The reason properties are
offered at a reduced price is to attract individuals who are in
no hurry to take occupation, but realise the significant savings
of early purchasing. Buyâ€"toâ€"let investors can hope to
achieve good rental yields from a wellâ€"located property as the
climate in Egypt supports a yearâ€"round tourism industry. If
you’re a looking for a commercial
href="http://www.
244">property for sale, Egypt is an attractive location for
shopping mall developers, as the total number of malls in the
country is relatively low for a population of 72 million.
Tourism
Egypt is a vast and wonderful country and is synonymous with
pyramids, Pharaohs, and temples. Egypt is an unmissable
destination and it remains one of the world’s most fascinating
travel experiences. Throughout history it has attracted many
famous travellers, archaeologists, treasure hunters and, more
recently, sightseers wishing to see the famous sites of ancient
Thebes, Aswan and Cairo. Egypt is also a hotspot for divers as
the water is warm, there are beautiful coral reefs that are home
to an abundance of colourful sea life, and there are several
ship wrecks to discover.
Remember that Egypt is a conservative society, and visitors
should respect local customs and sensitivities, and dress
modestly. For women especially, the wearing of long skirts or
loose fitting trousers, and shoulders covered, discourages
physical and verbal attention.
Geography
Egypt is bordered to the north by the Mediterranean, to the
south by Sudan, to the west by Libya, and to the east by the Red
Sea and Israel. Egypt is in the arid desert belt and it is very
hot in the summertime and cool at night. In the wintertime it is
warm during the day but cold at night. Most of the country is
covered by desert, except in the valley of the Nile River where
95% of the population lives.
Conclusion
Egypt is growing both in the tourist market and the property
market. Investors looking for a low risk place in which to
invest their money would be wise to seriously consider Egypt.
Once people realise that Egypt is more than just history and
culture, the Egyptian property market will really escalate, and
when that happens, investors who have bought into the property
market early are certain to make a very good return on their low
risk investment. The crucial point when purchasing a property in
Egypt is to find the right property in the right location and
getting it at the lowest price possible. When such a purchase is
based on careful research and advice, your property can provide
you with a secure and profitable investment. So when you’re
looking for an overseas property for sale, Egypt can offer you
many benefits and rewards.
About the author:
Vincent Shaw wrote the Article 'Overseas Property for Sale â€"
Egypt has it all' and recommends you visit
http://www.homesoverseas.co.
for more information on
href="http://www.
244">cheap properties for sale Egypt
Monday, July 14, 2008
Property in Egypt
Author: Nicholas Marr
Article:
The current hotspot for overseas investors is without a doubt
Egypt.Low prices means many investors are not having to approach
cash starved banks who have made lending harder. Seasoned
investors can put a deposit down using a credit card and pay
small monthly payments on many off plan or pre construction
properties
So lets learn more about Egypt. Officially the Arab Republic of
Egypt situated in North Africa it includes the Sinai Peninsula,
Egypt borders Libya to the west, Sudan to the south, and Israel
and the Gaza Strip to the northeast; on the north and the east
are the Mediterranean Sea and the Red Sea, respectively. Egypt
increasing tourism and desire to attract overseas property
investors combined with low prices makes it a very attractive
place to buy property
Egypt Property Hotspots
Tipped for the Top Sahl Hasheesh Egypt.
A stunning s mega resort in the shape of Sahl Hasheesh,with 20
five star minimum hotels and eight golf courses.Sahl Hasheesh is
just 20 kilometers south of the Hurghada Airport and located
along a 12 kilometer-long bay of the Red Sea. The climate here
is nearly perfect year round, with averages in the winter around
14ºC and in the summer approaching 30ºC. There will be
an Old Town with bars, shops and restaurants at the heart of the
new development, as well as medical facilities, water sports and
a sunken city for divers and snorkeling.
The first golf courses are scheduled to open in 2008, with the
Old Town opening its first shops and clubs in mid year as well.
Several hotels are already open, including the Pyramisa, The
Oberoi and Palm Beach Piazza.
Hurghada Egypt.
Considered by many as the leading bathing resort of Egypt this
area has attracted international investors.
Red Sea Egypt.
The Red Sea Riviera is a great place to dive with a stunning
coastline and low prices for off plan property and new homes
buyers can find cheap property in Egypt
Luxor Egypt.
Luxor is an attractive place for tourists and includes the
Valley of the Kings and Karnak.Luxor is a city of some 150,000
people and is governed by special statues that allow it more
autonomy
Investment property in Egypt.
Overseas investors know that profits are made on the purchase
price and with low entry prices Egypt is set for good capital
growth. Buying off plan property in Egypt allows investors to
pay with staged payments. This means for the price of a second
hand car investors can enter a market that has so much
potential. The government is continuing to commit to legislative
initiatives designed to enhance the investment climate demand
for quality property for sale and short term let is increasing.
Buying property in Egypt is a very attractive proposition; it
offers a whole host of advantages including: Lots of sunshine
Inexpensive flights Low cost of living A unique atmosphere Low
property prices Diving destination of the world Increasing
tourism Government favourable to overseas buyers Sound
investment potential
About the author:
Nicholas Marr is CEO of overseas property portal at
http://www.homesgofast.com his knowledge has been gained comes
from the relationships he has numerous Egypt based real estate
agents and developers at http://egypt.homesgofast.com/
Article:
The current hotspot for overseas investors is without a doubt
Egypt.Low prices means many investors are not having to approach
cash starved banks who have made lending harder. Seasoned
investors can put a deposit down using a credit card and pay
small monthly payments on many off plan or pre construction
properties
So lets learn more about Egypt. Officially the Arab Republic of
Egypt situated in North Africa it includes the Sinai Peninsula,
Egypt borders Libya to the west, Sudan to the south, and Israel
and the Gaza Strip to the northeast; on the north and the east
are the Mediterranean Sea and the Red Sea, respectively. Egypt
increasing tourism and desire to attract overseas property
investors combined with low prices makes it a very attractive
place to buy property
Egypt Property Hotspots
Tipped for the Top Sahl Hasheesh Egypt.
A stunning s mega resort in the shape of Sahl Hasheesh,with 20
five star minimum hotels and eight golf courses.Sahl Hasheesh is
just 20 kilometers south of the Hurghada Airport and located
along a 12 kilometer-long bay of the Red Sea. The climate here
is nearly perfect year round, with averages in the winter around
14ºC and in the summer approaching 30ºC. There will be
an Old Town with bars, shops and restaurants at the heart of the
new development, as well as medical facilities, water sports and
a sunken city for divers and snorkeling.
The first golf courses are scheduled to open in 2008, with the
Old Town opening its first shops and clubs in mid year as well.
Several hotels are already open, including the Pyramisa, The
Oberoi and Palm Beach Piazza.
Hurghada Egypt.
Considered by many as the leading bathing resort of Egypt this
area has attracted international investors.
Red Sea Egypt.
The Red Sea Riviera is a great place to dive with a stunning
coastline and low prices for off plan property and new homes
buyers can find cheap property in Egypt
Luxor Egypt.
Luxor is an attractive place for tourists and includes the
Valley of the Kings and Karnak.Luxor is a city of some 150,000
people and is governed by special statues that allow it more
autonomy
Investment property in Egypt.
Overseas investors know that profits are made on the purchase
price and with low entry prices Egypt is set for good capital
growth. Buying off plan property in Egypt allows investors to
pay with staged payments. This means for the price of a second
hand car investors can enter a market that has so much
potential. The government is continuing to commit to legislative
initiatives designed to enhance the investment climate demand
for quality property for sale and short term let is increasing.
Buying property in Egypt is a very attractive proposition; it
offers a whole host of advantages including: Lots of sunshine
Inexpensive flights Low cost of living A unique atmosphere Low
property prices Diving destination of the world Increasing
tourism Government favourable to overseas buyers Sound
investment potential
About the author:
Nicholas Marr is CEO of overseas property portal at
http://www.homesgofast.com his knowledge has been gained comes
from the relationships he has numerous Egypt based real estate
agents and developers at http://egypt.homesgofast.com/
Dubai Holidays are now more enjoyable
Author: Abdallah Gazal
Article:
Describing the ageless splendour and charm of Egypt can be quite
an arduous task. For how do you capture the spirit of a land
that is as old as human civilization itself in words? Since time
immemorial, people have been fascinated by the land of the
mighty Pharaohs; the awe-inspiring pyramids; the gushing Nile;
the bewitching beauty of Cleopatra and the mystery surrounding
Egypt. As a result, it has always been a tourist hotspot.
Thousands flock to this amazing place every year to capture and
store in their hearts a slice of history. Egypt Tour Operators
make your dream holidays come true.
The popularity of Egypt as a travel destination is driven by
many factors like its strategic location that makes it easily
navigable from any part of the world; an unmatched heritage,
modern hotels, exotic locations, exciting shopping opportunities
and its warm and generous people.
href=http://www.sti-travel.com/13day-nile-mystique.php > Egypt
Holidays are one of the best options available. Egypt is the
largest tourism economies in the Middle East, and indeed in the
world, ranking second and 14th respectively in 2005 in terms of
projected annual increase of total demand, so http://www.sti-travel.com/campaign.php?camp=25 >Visit
Egypt for making your holidays successful. Egypt's tourist
figures reached record numbers in 2006 attracting 9.1 million
foreign that translated to 89 million room nights and generating
an income of $7.6 billion. It caters to both to mass leisure
tourism and the more lucrative luxury and business travel
segments.
Travelling can be a double-edged sword, it can either gift you a
lifetime of memories or it can be a nightmare. Choosing the
right tour operator is crucial in determining the quality of
your experience. Tour operators are available for a dime a dozen
in Egypt, because of its rising popularity. Indeed, for most
tour operators the Ancient Egypt sphinx tour or the Egyptian
Valley of the Kings Tour or even the http://www.sti-travel.com/8day-nile-voyager.php >Nile Voyage
Holiday Packages are common features. Obviously, what sets
apart the crème de la crème from average tour operators is the
quality they offer. It is very important to check the
reliability, resources, hotel information, transparency,
presentation, and years in business, reference before choosing
your tour operator.
One of the most trusted and leading names in the world of
tourism is STI Travel providing wide range of Egypt Hotels
Review. Our Mother Company, Sakkara Travel Group has been
operating since 1972 and is currently ranked among the top ten
producing travel companies in Egypt as classified by the
Egyptian Ministry of Tourism. We also own Hotels and Cruise
Ships. As a tour operator, we provide you, the traveller, with a
wide range of http://www.sti-travel.com/campaign.php?camp=3 > Traveling
Packages that can suit any budget. We also offer travellers
the luxury of custom designing their tour plans. We are
dedicated to providing travellers with the experience of a
lifetime. For more information, please visit our website http://www.sti-travel.com”>sti-travel.com.
About the author:
The author wrote a lot about
href=www.sti-travel.com/15day-pharaonic-grandeur.php >Ancient
Egypt Tomb. He has produced variety of travelogues and
itineraries describing ancient, rich & varsatile Egyptian
monuments &
href=http://www.sti-travel.com/cruisesdesc.php?hid=655 > Cheap
Nile Cruises. The Author writes for http://www.sti-travel.com/ >STI-Travel.
Article:
Describing the ageless splendour and charm of Egypt can be quite
an arduous task. For how do you capture the spirit of a land
that is as old as human civilization itself in words? Since time
immemorial, people have been fascinated by the land of the
mighty Pharaohs; the awe-inspiring pyramids; the gushing Nile;
the bewitching beauty of Cleopatra and the mystery surrounding
Egypt. As a result, it has always been a tourist hotspot.
Thousands flock to this amazing place every year to capture and
store in their hearts a slice of history. Egypt Tour Operators
make your dream holidays come true.
The popularity of Egypt as a travel destination is driven by
many factors like its strategic location that makes it easily
navigable from any part of the world; an unmatched heritage,
modern hotels, exotic locations, exciting shopping opportunities
and its warm and generous people.
href=http://www.sti-travel.
Holidays are one of the best options available. Egypt is the
largest tourism economies in the Middle East, and indeed in the
world, ranking second and 14th respectively in 2005 in terms of
projected annual increase of total demand, so http://www.sti-travel.
Egypt for making your holidays successful. Egypt's tourist
figures reached record numbers in 2006 attracting 9.1 million
foreign that translated to 89 million room nights and generating
an income of $7.6 billion. It caters to both to mass leisure
tourism and the more lucrative luxury and business travel
segments.
Travelling can be a double-edged sword, it can either gift you a
lifetime of memories or it can be a nightmare. Choosing the
right tour operator is crucial in determining the quality of
your experience. Tour operators are available for a dime a dozen
in Egypt, because of its rising popularity. Indeed, for most
tour operators the Ancient Egypt sphinx tour or the Egyptian
Valley of the Kings Tour or even the http://www.sti-travel.
Holiday Packages are common features. Obviously, what sets
apart the crème de la crème from average tour operators is the
quality they offer. It is very important to check the
reliability, resources, hotel information, transparency,
presentation, and years in business, reference before choosing
your tour operator.
One of the most trusted and leading names in the world of
tourism is STI Travel providing wide range of Egypt Hotels
Review. Our Mother Company, Sakkara Travel Group has been
operating since 1972 and is currently ranked among the top ten
producing travel companies in Egypt as classified by the
Egyptian Ministry of Tourism. We also own Hotels and Cruise
Ships. As a tour operator, we provide you, the traveller, with a
wide range of http://www.sti-travel.
Packages that can suit any budget. We also offer travellers
the luxury of custom designing their tour plans. We are
dedicated to providing travellers with the experience of a
lifetime. For more information, please visit our website http://www.sti-travel.com
About the author:
The author wrote a lot about
href=www.sti-travel.com/15day-
Egypt Tomb. He has produced variety of travelogues and
itineraries describing ancient, rich & varsatile Egyptian
monuments &
href=http://www.sti-travel.
Nile Cruises. The Author writes for http://www.sti-travel.
History of Egypt, Ancient Egypt, and Egyptians
Evidence of human habitation in the Nile Valley since the Paleolithic era appears in the form of artifacts and rock carvings along the Nile terraces and in the desert oases. In the 10th millennium BC, a culture of hunter-gatherers and fishers replaced a grain-grinding culture. Climate changes and/or overgrazing around 8000 BC began to desiccate the pastoral lands of Egypt, forming the Sahara. Early tribal peoples migrated to the Nile River where they developed a settled agriculturaleconomy and more centralized society.[4]
By about 6000 BC, organized agriculture and large building construction had appeared in the Nile Valley[citation needed]. During the Neolithic era, several predynastic cultures developed independently in Upper and Lower Egypt. The Badarian culture and the successor Naqada series are generally regarded as precursors to Dynastic Egyptian civilization. The earliest known Lower Egyptian site, Merimda, predates the Badarian by about seven hundred years. Contemporaneous Lower Egyptian communities coexisted with their southern counterparts for more than two thousand years, remaining somewhat culturally separate, but maintaining frequent contact through trade. The earliest known evidence of Egyptian hieroglyphic inscriptions appeared during the predynastic period on Naqada III pottery vessels, dated to about 3200 BC.[5]
| tAwy ('Two Lands') in hieroglyphs | ||
|
A unified kingdom was founded circa 3150 BC by King Menes, giving rise to a series of dynasties that ruled Egypt for the next three millennia. Egyptians subsequently referred to their unified country as tawy, meaning "two lands", and later kemet (Coptic: kīmi), the "black land", a reference to the fertile black soil deposited by the Nile river. Egyptian culturereligion, arts, language and customs. The first two ruling dynasties of a unified Egypt set the stage for the Old Kingdom period, c.2700−2200 BC., famous for its many pyramids, most notably the Third Dynasty pyramid of Djoser and the Fourth Dynasty Giza Pyramids. flourished during this long period and remained distinctively Egyptian in its
The First Intermediate Period ushered in a time of political upheaval for about 150 years. Stronger Nile floods and stabilization of government, however, brought back renewed prosperity for the country in the Middle Kingdom c. 2040 BC, reaching a peak during the reign of Pharaoh Amenemhat III. A second period of disunity heralded the arrival of the first foreign ruling dynasty in Egypt, that of the Semitic Hyksos. The Hyksos invaders took over much of Lower Egypt around 1650 BC and founded a new capital at Avaris. They were driven out by an Upper Egyptian force led by Ahmose I, who founded the Eighteenth Dynasty and relocated the capital from Memphis to Thebes.The New Kingdom (c.1550−1070 BC) began with the Eighteenth Dynasty, marking the rise of Egypt as an international power that expanded during its greatest extension to an empire as far south as Jebel Barkal in Nubia, and included parts of the Levant in the east. This period is noted for some of the most well-known Pharaohs, including Hatshepsut, Thutmose III, Akhenaten and his wife Nefertiti, Tutankhamun and Ramesses II. The first known self-conscious expression of monotheism came during this period in the form of Atenism. Frequent contacts with other nations brought new ideas to the New Kingdom. The country was later invaded by Libyans, Nubians and Assyrians, but native Egyptians drove them out and regained control of their country.
http://en.wikipedia.org/wiki/Egypt#Art_and_architecture
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