Egypt’s strong tourist trade is largely due to its many natural attributes and these contribute greatly to the success of the property industry here. Below are some of the reasons why.
Property in Egypt sits in a land that boasts stunning white sandy beaches, coral reefs and desert landscapes. The coastal resorts such as Sharem El-Sheikh on the Red Sea are firm favourites amongst international diving and snorkeling enthusiasts, where other water sports such as windsurfing and kite surfing are also hugely popular.
The River Nile offers a rich cultural experience, while Nile cruises have long been on top of many tourist agendas.
The warm desert climate in Egypt means that visitors enjoy temperatures ranging from 14 °C in winter to 30°C in summer, creating a year-round tourist season, ideal for investment in holiday rental property.
Many resorts and major cities in Egypt are becoming increasingly cosmopolitan with buyers from all over the world planning investments here. One bonus for many real estate purchasers is that English is widely spoken in professional circles, in addition to Arabic.
Egypt is only 5 hours direct flight from most European locations and, with increased flight availability, it is ever growing in popularity as a premier international tourist destination. Cairo International airport is being modernized and a new terminal has recently been built. This is encouraging a further influx of flight operators and tourists - all boding well for today’s property investors.
The culture of Egypt dates back some five thousand years of recorded history and the country is rich with ancient Egyptian treasures, particularly around Luxor and Alexandria, which continue to lure thousands of visitors every year. This ancient history blends in well with the relatively modern, international way of life to be enjoyed in Egypt.
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