Egypt Property
March News

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March News and Information for Egypt

Tourism in Egypt
Tourism in Egypt grew by around 8% in 2007. This figure has increased due to the great buy-to-let opportunities that Egypt has on offer. This figure is expected to grow 5.4% a year from 2008 - 2017 according to the World Travel Tourism Council.

Hurghada is one of the most popular resorts along the Red Sea Coast and now that budget airlines are starting to fly direct to Hurghada it's a great place to invest in with high rental demands.

Travel Information
For those planning to book a trip and purchase a property in Egypt we have put together some useful travel information that will help you when you fly and buy.

  • The local currency is the Egyptian pound
  • Airport tax is currently 21 Egyptian pounds
  • Flying time from the UK is about 4.5 hours
  • Hurghada is only 15 to 20 minutes from the airport
  • Banks are usually open Monday to Thursday from 8am - 2pm
  • Arabic is the main language but English is also spoken in the resort areas
  • GMT is + 2 hours and the dialling code is 00 20
  • If you are serious about buying abroad take the necessary documentation with you as you may need this to hand when signing. Don't forget some high factor sun screen as well, due to the breezes that blow through the resorts it will seem cooler than you think.

    Red Sea coast in Egypt

    For your free investor guide to Egypt: