Egypt for Property Investment 2009 - Portal

Hartlepool, United Kingdom (PressExposure) March 11, 2009 -- Egypt is one of the best places to make a property investment in 2009, especially Hurghada, according to overseas property portal Property Abroad. Julie Liddle, an emerging markets researcher for the portal said:

"Tourism to Egypt has risen by more than 20% each year from 2001 - 2007, when the last government figures were released. Though the credit crunch is reported to have had a slight effect, Egyptian tourism officials expect a 20% increase again when 2008's figures are released. The government has continued its massive marketing campaigns, i.e. the Visit India 2009 currently active in India".

"Egypt is popular with Britons because it is a warm, easily accessible and cheap. It is popular with tourists from around the world because of its accessibility, attractions including Cairo and the Pyramids, and its excellent beaches. Increasing tourism has undoubtedly been boosted by the many Hollywood blockbusters featuring the country. This massively growing tourism coupled with the low prices of property means investors can find great potential and excellent value for money within the country, as well as great mid-long term capital growth potential. This all combines to make Egypt well worth considering for property investment in 2009."

Property Abroad have some excellent properties in Egypt. Off plan apartments in Hurghada advertised on the portal start from a little over £14K. Lotus Breeze is a gated European style development situated in the Intercontinental area of Hurghada and only 50 metres away from the main promenade leading to the beach. The complex will consist of studios, one, two and three bedroom apartments complete with their own terraces with views of the communal gardens and swimming pool, sea or mountains.

For those with slightly more to spend; the Hurghada off plan development Egyptian Pearl is well worth a look at just under £21k. Egyptian Pearl comprises of 53 off plan apartments: 6 studios, 10 one-bedroom professional, 25 one-bedroom luxury, 6 two-bedroom and 6 three-bedroom apartments, in Hurghada's Red Sea coastal area.

About Property Abroad

Property Abroad is rapidly growing into one of the best known, trusted and most successful overseas property portals in the U.K. With a slick dynamic site and very reasonable rates Property Abroad currently has among the most extensive worldwide property listings on the net.

To find out more contact Julie Liddle:

About Property Abroad LTD

Property Abroad LTD
182 York Road
TS26 9EA

Chief Marketing Analyst
Liam Bailey

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Press Release Submitted On: March 11, 2009 at 10:34 am
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