Despite the credit crunch that much of the world is currently in the midst of, buyers are still choosing to put their money into property in egypt. There are a number of reasons for this but here are the top 5:
Despite the credit crunch that much of the world is currently in the midst of, buyers are still choosing to put their money into property in egypt. There are a number of reasons for this but here are the top 5:
In this uncertain time of falling interest rates there is little incentive for investors to put their money into the bank as the returns are minimal. Another option is to invest in overseas property which offers a guaranteed rental income, with rates currently between 5 % and 10% for periods of up to 10years, there [...]
The current global credit crisis has seen the value of shares plummet in many countries and the general public losing confidence in investing their money in the Bank. Property on the other hand is a much more stable asset and over a long term period will always appreciate in value. Whilst the property market is [...]
Whilst the UK, Europe & USA are experiencing a “credit crunch” the Egyptian economy is going from strength to strength & there can be no better time to invest in Egyptian real estate. There is a lack of confidence in the property market in the UK, prices are high and property is slow to sell [...]