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Egypt | Geography | Economy | People | Tourism in Red Sea | Community in Red Sea
- Low property prices starting at around £25k.
- Year-on-year capital appreciation of between 20-30%.
- Low property taxes.
- No capital gains tax.
- British residents released from inheritance tax on any Egyptian properties.
- Relatively low cost of living and reasonable maintenance costs.
- Year-round tourist and RENTAL season.
- Steady annual growth in tourist figures – estimated 14 mln tourists in 2011.
- Politically stable country
- Strong economic growth and inward investment creating a rich investment climate.
- Well renowned developers creating luxury resorts to cater for Egypt’s new influx of international tourists.
- Easy air access from many European destinations.
- Hurghada International Airport has been modernized and 2 new terminals have been built in early 2007.
- Warm desert climate with temperatures ranging from 14°C in winter to 30°C in summer.
- Beautiful, well established tourist hotspots, cultural and historical locations
- Excellent diving and snorkelling spots.
- Stunning natural and unspoilt landscape.
- English widely spoken, along with Russian, French, and German.
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