The infamous ‘land of the pharaohs’ is a heady concoction of fascinating history, ancient pyramids, crystal waters, colourful marine life and majestic monuments. Egypt also offers some of the world’s most talked about dive sites in Sharm el Sheikh and Hurghada and its infamously bustling capital city of Cairo.

The number of tourists in Egypt almost doubled between 2001/02 to 2005/06 and Egypt’s prominence in the tourist market is set to continue with progress towards a further doubling – to 16 million visitors – by 2014.

As a result of this concerted effort, the appeal of Egypt has widened away from its traditional, historical, lure as ‘the land of the Sphinx’ to being recognised for its varied tourist appeal. It is becoming known for city breaks in Cairo,  pursuits such as diving in its popular Red Sea resorts and for celebrity golfing holidays at resorts like The Cascades in Soma Bay. The Cascades course was designed by golf legend Gary Player and has been ranked in the top 10 courses in the world by the readers of Golf Journal. It is located just 45 minutes from Hurghada International Airport with direct flights under 4 hours from the UK.

Main Reasons Why Egypt is a Desirable Investment Location:

• Low property prices starting at around only £30k
• Steady year-on-year capital appreciation of between 20-30%
• Beautiful, well established tourist hotspots suitable for varied tourist interests, from excellent diving and snorkeling to cultural and historical locations
• Stunning natural, unspoilt landscapes
• Steady annual growth in tourist figures
• No capital gains tax
• Foreign investors are regarded by the government as a big investment opportunity and laws have recently streamlined procedures, making the purchase procedure easy.
• Strong economic growth and increased investment in infrastructure are boosting the property investment market as a whole.
• Warm desert climate with temperatures ranging from 14°C in winter to 30°C in summer creating a year-round tourist season
• Politically stable country
• Increased inward investment, creating a rich investment climate.
• Well renowned developers are creating luxury resorts to cater for Egypt’s new influx of international tourists
• Easy air access from many European destinations makes Egypt an ever popular medium haul holiday location
• Cairo International airport is being modernized and a new terminal is to be built by early 2007
• Low cost of living and maintenance costs
• English is widely spoken, after Arabic