Top Sports Star Recommends Egyptian Property

Article Date : 12 February 2008
News Section: Egypt

A leading sports star has outlined his reasons for choosing to invest in the Egyptian property market.

Top boxer Joe Calzaghe told the Western Mail that he had become more and more interested in buying foreign property since watching a television show on the topic three years ago.

During the intervening period, he has amassed a portfolio which covers several countries including Egypt, a location he said he "loved".

Speaking to the newspaper, Calazaghe stated that he had been drawn to the north African nation by a number of factors, such as its good weather and highly affordable houses.

He commented: "Property prices are low compared to many other sunny locations so I thought I'd go for it".

Property in Egypt was recently recommended to foreign property buyers by the BuyAssociation website, which said it was one of the most popular winter sun destinations among Britons.