Just 5 hours flight time a world a part, Egypt is a place like no other. Complete with ancient history, mesmerising cities and stunning beaches on the Red Sea, Egypt is a paradise for people looking to purchase an overseas property in a paradise where the benefits are enormous.

Egypt is just 5 hours from the UK, more affordable than the UK, and is a country that offers very good rental opportunities. Egypt is not expected to suffer economic decline during the global downturn, as its sources of revenue are from Middle Eastern banking systems and trade, a region widely predicted to withstand the external pressures that will influence the rest of the world’s markets.

Egypt’s year-round lovely weather – especially on the Red Sea - is just one of the many perks of this excellent country, not to mention the favourable tax implications (no capital gains or inheritance tax), very good capital growth predictions and vibrant and exciting culture and people.

Egypt’s prime area is, and Sharm El Sheikh more notably – raqpidly becoming known on a global basis as the destination to be on the Red Sea. Sharm El Sheikh is a supreme region filled with resorts and big named hotels, restaurants from around the world, water sports and golf course. And, to top it off, the Red Sea offers some of the best snorkelling and scuba diving in the entire world.

Egypt is a unique market, unique because luxury beach-front development with quality properties are being constructed at a fraction of the cost as other resort areas. Egypt real estate is vastly under priced and the demand for these properties clearly outweighs the supply. Not man opportunities still exist anywhere in the world to purchase excellent beach front units at baseline price levels, particularly within this ideal proximity to Europe. Apartments in Egypt can start from as little as £26,068.

The excellent value units are complimented by a string of other benefits in Egypt. The fact that the tourist market is only increasing and expanding at rapid rates is a good indicator for the rental market. The tourist industry is established and thriving and this will remain the case with Egypt. This is one of the main reason people select this country as the rental market is year round and will always be healthy.

Affordable cost of living making low cost holidays is another attractive benefit to this magical country. Egypt’s road infrastructure in the area is well constructed, a further bonus compared with other markets that require the patience of waiting for supporting infrastructure to catch up to the demands of high visitor numbers.

Now is the time to invest in Egypt property while the property market is soaring an prices are incredibly low.