Estate Agents & Advertisers: Login or Register Telephone Number Tel: (+34) 952 471 774 | UK Freephone UK Freephone: 0800 047 0597 | US Toll Free US Toll Free: +1-866 656 7152
IPIN Left IPIN Middle IPIN Right
Header Corner
Find Property in :

E.g. "Marbella" or "Manchester". Looking for more search options?

 
Secure Exit Strategy


Egyptian development gets go-ahead

Date : (News Section: Egypt)

Share
Egyptian development gets go-ahead

Demand for property in Egypt could be set to rise following news that a major developer in the country is planning to push ahead with plans to build a new 3.5 million square metre housing project.

Named Tigan, the development is worth approximately $3.4 billion and will be completed by Nasr City Housing.

The project went on hold during the recent political uprising in Egypt, but is now about to go back into action, Overseas Property Professional reports.

Meanwhile, it was recently claimed that savvy investors are looking to take advantage of the opportunities that have presented themselves within the Egyptian property market.

Steven Worboys, managing director of Experience International, explained that in the wake of recent political upheaval in the country, buyers are finding that they can purchase real estate within popular tourist resorts at a reduced cost.

"The most long-sighted investors will turn events as have occurred in Egypt into an opportunity," he noted.


Share

Article created on behalf of Propertyshowrooms.com News Desk ()

Related Articles

  1. Progressive taxation rejected in Egypt
  2. Effects of Egyptian political crisis on property remain unclear
  3. Residential Egyptian property to be investor 'bread and butter'
  4. Egyptian real estate still capable of growth
  5. Is Egypt running out of development land?



Let us search for you Let Us find Property in Egypt for You

Fill out a requirements form and our experts will help you find a great selection of Properties for sale in Egypt.

SubscribeGet Email Updates!

   

* We value your privacy and will never share your email address with anyone else.

Download Impact Investing Report
Investment Property

Subscribe to This Feed

RSS News
Subscribe to this RSS Feed
Country: Egypt
Channel: All

More RSS FeedsGo

Media/Press SectionProperty News Search


   

News ArchivesNews Archives

View worldwide property news from as far back as 2005 in our News Archives Section.

View News ArchivesGo