Propertyshowrooms.com News - Egypt

Egyptian Real Estate sees strong Resurgence as Country's moneyed Elite is buying again

2018-03-21T09:00:00

Economic and political turbulences saw Egypt's real estate market first take a nose-dive, then descend into a maelstrom of erratic house prices that shot up one quarter only to plunge down the next. The residential market is still dominated by traditional tourist hot spots, such as the Red Sea Riviera resorts El Gouna, Hurghada and Sharm el Sheikh, and Luxor in the evocative Valley of the Kings and Queens.

Foreign Investors Gain from Losses in Egyptian Tourist Sector

2016-02-19T09:50:00

After five years of operating losses in the Egyptian hotel market, many owners are now seeking to exit the sector, providing increased opportunities for foreign investors to bag a bargain.

Egyptian Tourism Set for Recovery in 2016

2016-01-13T09:05:00

Members of the Egyptian tourism sector are confident that there will be a strong recovery from the harsh conditions the country has experienced during the past five years to achieve better revenues and tourist turnout in 2016.

Egypt Lures Foreign Investors with Currency Devaluation

2015-10-21T09:10:00

Egypt has allowed its currency to weaken to a record low, seeking to attract foreign capital and replenish reserves that dropped the most in almost four years during September, while the black market premium to buy dollars surged.

Egypt in "Pre-Revolution Growth Trajectory

2015-03-18T09:15:00

Earlier this week Egyptian realtors Amer Group Holding announced a massive growth in net profits of 670% over the previous year.

Cairo price rises not market reflection

2013-04-18T00:00:00

Cairo real estate prices increased in Q1 2013 but the rise may not be reflection of the health of Egyptian property. Jones Lang LaSalle explained that values increased by eight per cent across Cairo's two satellite cities during...

Egypt 'a good option' for property investment

2011-06-30T00:00:00

One expert has claimed that Egypt could be a good bet for anyone seeking an overseas property investment. Director and founder of Rogue Property David Freeman stated that the north African nation is "definitely a place I'd recommend"...

UK tourists flock to Egypt

2008-07-09T00:00:00

Overseas property investors could find themselves in line to benefit from growth in the Egyptian rental market.

According to Co-operative Travel, the north African country is becoming more and more popular with holidaymakers from the UK....