Mr. Pendrell explains, “While making the research for the book, I realized what incredible opportunities there are for property investors in the region. Prices are currently still a fraction of what they are in any other emerging international real estate market such as Morocco, Cape Verde, Brazil, Turkey, etc., yet are increasing fast, with annual growth of 20-30% per annum. This growth is sure to continue over the coming years as the opportunities for investing in Egypt are discovered by an increasing number of overseas buyers; the release of ‘The Complete Guide’ being just one way which is likely to increase awareness of the region.”
“With 365 days of sunshine a year, unspoiled beaches, some of the best diving and watersports locations in the world, low living costs and a vibrant nightlife, tourism to Egypt’s Red Sea Riviera is increasing rapidly year-on-year, which will inevitably result in continually increasing property prices there. I decided to establish Egypt Real as the perfect link between potential property purchasers and developers.”
In order to offer clients a wide cross-section of developments to choose from, Mr. Pendrell has hand-picked 15 of the region’s most interesting projects to promote, ranging from studios from £15,750/€22,250 right up to luxurious villas for £406,000/€562,500.
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source: prleap.com
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