Egypt - The New Property Investment Phenomenon

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?The Egyptian property market is gathering upstream momentum and riding on the success of an ever-growing tourist economy.  With great holiday and investment appeal, Egyptian property today offers purchasers excellent potential.Main reasons to invest in Egypt's property market include:-

• With a favourable, year-round climate, tourist trade is at it strongest; making buy-to-let opportunities favourable.
• No capital gains or inheritance tax.