Egypt Real Estate - market trends in 2010

Despite the more challenging economic conditions, the Egypt real estate market has experienced considerable growth as overseas investment has risen to levels not previously experienced. Whilst destinations such as Spain, Cyprus, Dubai and others struggle with the issues such as oversupply and falling demand, the Egypt real estate market continues to grow up apace.

So what has brought about this sudden increase in interest in Egypt real estate, and is this increase in demand likely to prove sustainable in the years to come? As with so many emerging property markets, the foundations of this growth in demand for property in Egypt can be found in the countries booming tourism industry.

Over the course of the past five years, an increasing number of low-cost airlines from the major European travel hubs have started to offer cheap flights to destinations including Sharm El Sheikh, Hurghada, Nabq Bay, Marsa Alam and of course Cairo. As a direct result of this increase in tourist visitors, demand for accommodation has risen considerably. This increasing demand property is particularly acute in the resort surrounding the Red Sea.

As a result of this increasing demand for property in Egypt, the major property developers have seen a boom in the levels of construction underway throughout the red Sea resorts. Indeed, just this week the European investment bank, credit Suisse released a report stating that Egyptian property stocks were likely to outperform all other Middle East and North African markets over the course of the next 12 months.

At present, this trend towards increased tourism in Egypt shows no signs of slowing. The year-round climate, and wide range of activities available throughout the resort's looks set to ensure a steady stream of visitors for the years to come. With occupancy rates throughout the major Egyptian tourist destination is remaining resilient, despite the increased supply, the signs are undoubtedly positive for the Egypt real estate market.

1
2
3
4
5
6
7
8
9
10
11
12
13
next >

	Oasis Resort - Two bedroom apartment in Hurghada, Egypt.£35,000 Perfectly situated on the top floor of the popular Oasis Resort development in Hurghada, this superb 75 square metre two bedroomed apartment will appeal to both investors and lifestyle purchasers alike. >> view detail
	Palm Beach Piazza - One bedroom apartment in the Sahl Hasheesh, Egypt.£63,000 Palm Beach Piazza Apart-Hotel - Beautiful Moorish designed beach fronted apartments with exclusive use of swimming pool, pool bar and own private separate beach area. In the enviable location of being conveniently situated next to the arrival Piazza, close to the Old Town, in the new gated 5* Resort of The Sahl Hasheesh and only a 15 minute drive from Hurghada airport. >> view detail
	Tropicana Nubia Sharm - Two bedroom apartments in Sharm El Sheikh, Egypt.£65,034 The stunning new Tropicana Nubia Sharm is a luxury resort in every sense, perfectly situated overlooking the clear blue waters of the Red Sea in the Nabq Bay region of Sharm El Sheikh. Located on the grounds of a five star luxury hotel development, the Tropicana Nubia Sharm is a genuine front line development, with the perfect white sand beach just two minutes walk away from your apartment. >> view detail
	Tropicana Nubia Sharm - One bedroom apartments in Sharm El Sheikh, Egypt.£42,284 The stunning new Tropicana Nubia Sharm is a luxury resort in every sense, perfectly situated overlooking the clear blue waters of the Red Sea in the Nabq Bay region of Sharm El Sheikh. Located on the grounds of a five star luxury hotel development, the Tropicana Nubia Sharm is a genuine front line development, with the perfect white sand beach just two minutes walk away from your apartment. >> view detail
	Tropicana Nubia Sharm - Studio apartments in Sharm El Sheikh, Egypt.£38,761 The stunning new Tropicana Nubia Sharm is a luxury resort in every sense, perfectly situated overlooking the clear blue waters of the Red Sea in the Nabq Bay region of Sharm El Sheikh. Located on the grounds of a five star luxury hotel development, the Tropicana Nubia Sharm is a genuine front line development, with the perfect white sand beach just two minutes walk away from your apartment. >> view detail
	Palm Beach Piazza - One bedroom apartment in the Sahl Hasheesh, Egypt.£67,500 One bedroom apartment for sale in the stunning Palm Beach Piazza. These beautiful Moorish designed beach fronted apartments come with exclusive use of swimming pool, pool bar and own private separate beach area. In the enviable location of being conveniently situated next to the arrival Piazza, close to the Old Town, in the new gated 5* Resort of The Sahl Hasheesh and only a 15 minute drive from Hurghada airport. >> view detail
	Sinai Golf Heights - Two bedroom apartments in Sharm El Sheikh£56,095 Superb new off-plan property in Sharm El Sheikh, Egypt. Covering over 1.3 million square metres, the Sinai Golf Heights resort is perfectly located in the Nabq bay region of Sharm El Sheikh and offers a wide selection of studios, one and two bedroom apartments. >> view detail
	Sinai Golf Heights - Studio apartments in Sharm El Sheikh£26,100 Superb new off-plan property in Sharm El Sheikh, Egypt. Covering over 1.3 million square metres, the Sinai Golf Heights resort is perfectly located in the Nabq bay region of Sharm El Sheikh and offers a wide selection of studios, one and two bedroom apartments. >> view detail
	Aqueous Resort - 2 bedroom apartments in Marsa Alam, Egypt£56,500 Are you looking to invest in an off-plan property in Egypt? Only a 25 minute drive from Marsa Alam airport, the stunning new Aqueous Resort is perfectly situated in a natural cove, creating the ideal location for all water sports and for those who simply want to enjoy the clear blue waters of the Red Sea. Last year Marsa Alam was voted the best diving locations in the World by the UK Scuba Diving Magazine. >> view detail
	Aqueous Resort - 1 bedroom apartments in Marsa Alam, Egypt£38,500 Are you looking to invest in an off-plan property in Egypt? Only a 25 minute drive from Marsa Alam airport, the stunning new Aqueous Resort is perfectly situated in a natural cove, creating the ideal location for all water sports and for those who simply want to enjoy the clear blue waters of the Red Sea. Last year Marsa Alam was voted the best diving locations in the World by the UK Scuba Diving Magazine. >> view detail