property

Hurghada offers great investment opportunities.

Even though the credit crunch is biting hard, investors from all over the world are still making their presence known in the overseas property markets. Whether it is in Dubai or another locale, the trend for buying overseas property continues to flourish.

According to Yorkshire Bank, nearly a million Britons alone have invested in property in one part of the world or another. This does not take into account investors from America, other parts of Europe and the east.

CAIRO: Orascom Development & Management (ODM) in partnership with Joud Fund has recently announced the launch of the new Cape Citadel development in Sahl Hasheesh. The fully-fledged luxury resort is 20 minutes away from Hurghada International Airport. Cape Citadel constitutes of five-star Citadel Azur Hotel, Cape Citadel real estate and an international sailing marina, all connected together by a shared transportation system.

Since the property boom in Spain in the late 1980s, many people have been on the lookout for a holiday home in the sun, as they are realising the considerable amount of equity in their property has gained in a short number of years.  Effective property investment requires much more than striking it lucky in one market.  It's about calculating risks and estimating growth and returns.  So, where should you be looking?