From Buyassociation.co.uk: With low costs and an expected shortage of mid-priced housing, now is the time to jump on the Egyptian property market, advise real estate experts. Currently, studio apartments in the Red Sea region start at £10,000, a deal unheard of in other investment hot spots like Turkey and Spain.
Though low demand brought Egypt property prices down in 2009, as the economy begins to turn around, prices are already starting to creep………………………………………Full Article: Source
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