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Istanbul Property Ranked Best Investment in Europe
February 2012
According to 600 of Europe's biggest property investment players, Istanbul is the best place to invest in property in Europe...

Egypt Property Market Looks to Recovery in 2012
January 2012
Egypt is looking forward to a bright new future, and there are high hopes its property market will recover this year...

Turkish Budget Deficit Falls by Over 56pc in 2011
January 2012
Turkey's budget deficit fell by an enviable 56.5% during 2011 compared to 2010. Finance minister Mehmet Simsek stated his belief that Turkey has now recovered from any and all effects of the global cr...

HSBC Report Positive about Egyptian Economy
January 2012
HSBC's Global Asset Management Outlook report for this year is optimistic about Egypt's economy and believes it will show positive growth after last year's uprisings...

Investment in social housing in Brazil make sense
January 2012
The general consensus amongst experts and investors alike is that within the next few years Brazil will become one of the world’s leading tourist destinations...

Turkish Exports Hit Record High in 2011
January 2012
In 2011 Turkish export earnings hit the record high of $135 billion. This is an increase of more than 18% compared to 2010 when exports reached $114 billion, and significantly better than 2009 when ex...

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Duquesa Village - 65 per cent discounts

Costa Del Sol  -  Spain
Duquesa Village UP TO 65% DISCOUNT AND UP TO 100% FINANCE!! We are pleased to offer 2 and 3 bedroom apartments in thi ...

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Hurghada has the right ingredients for a successul investment

Posted On: 03/10/2009

When Brits went to Spain every year, the sun was only half the reason. The other half of the reason was the fact that the exchange rate let them live like they were rich for a fortnight -- or certainly a lot better off than they were.

Now that the Pound is almost level pegged with the Euro they can no longer do that in Spain. This is heralding the rise of destinations outside the Eurozone. Egypt has benefited especially Hurghada were living costs are incredibly low.

This has made Hurghada one of the fastest growing tourism destinations in the world.

An idea of just how cheaply you can holiday in Hurghada for, just how low the living costs are, is given away by the low price of property. There are currently developments on the market in Hurghada offering high quality apartments for under £15k off plan.

Some people are dubious when they see such low prices, but remember Goa? There was a massive stink in the press over Goa, but not because people weren't getting their properties, because they were getting thrown out of them by the government.

It is always very important to do research at great length into anytime you plan to buy overseas property in Hurghada, especially if they are buying it off plan. This should include at least one trip to the development, checks into the developers' financial status, the ownership of the land, the planning permission, and preferably several trips afterwards to make sure the designs submitted for planning permission are being adhered to.

If all these things are researched properly then the risk is minimised. Owners of high quality holiday apartments in Hurghada are currently achieving 12 weeks occupancy, at £150-£250 per week on studios, £250 - £350 per week on 2 bedroom apartments. Given the low prices of property (£10k studio, £40k 2 bedroom off plan), this is a gross yields of around 10%.

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Napitia Hills


Calabria - Italy
Napitia Hills is perched at the most elevated point of Pizzo providing each property with unobstructed panoramic sea views over the town itself. Within a 15 minute walk you can enjoy the day to day li...

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Tiba Paradise - New Launch!!


Hurghada - Egypt
New Release - Tiba Paradise is the 6th Tiba Project by the highly successful local developers. The project is located in the up-and-coming Al Ahyaa district in a region that is close to Hurghada and a...

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Below Market Value Condos


Florida - America
This ground floor, 2 bedroom / 2 bathroom, 912 sq ft condo has a fully fitted kitchen including washer/ dryer, spacious lounge with dining area leading to a private patio. The master bedroom has an en...

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Elegant Golf Residence - Key Ready


Belek - Turkey
These modern contemporary apartments are situated in a prime area in Belek - Turkey's Golfing Mecca. Not only cosmetically but also with the advanced construction and architectural techniques to be us...

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Laguna Beach Resort 2 - fully furnished


Pattaya - Thailand
Hot on the heels of Laguna Beach Resort Jomtien, Pattaya’s most successful resort condominium now over 75% sold out, we are commencing pre-launch sales for Laguna Beach Resort 2. Laguna Beach Reso...

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G-Cribs in El Gouna free furniture pack


El Gouna - Egypt
Uniquely situated within the Mansions area in the established resort of El Gouna, the fresh G-Cribs project has come to introduce the concept of youthful style to the area, offering studios, apartment...

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Kusadasi Spa Village Resort - furnished


Kusadasi - Turkey
Fully furnished apartment on stunning development On the Aegean Coast of Turkey is an unspoiled area of natural beauty, an area of historical and natural containing thermal springs built far away ...

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Eco House Developments 20% anticipated return


Natal - Brazil
Invest in social housing in Brazil with an anticipated return of 20 per cent in 12 months. What deposit accounts will offer this return over 1 year? Investment Facts • Minimum investment just ...

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