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Affordable property in Egypt.
Egypt is perfect for short term holiday
rentals.
Egypt does not need an introduction. Who has not heard of the Pyramids and Sphinx? Or the River Nile and luxurious nile river cruises? The Suez Canal? Egypt has a place in the consciousness of most people.
Did you know, however, that you can buy property for sale in Egypt? Even if you are not planning to live there, you could yield a great return to your investment by renting property for sale in Egypt out to holiday makers. There is an increasing demand for holidays in Egypt and with tourists looking to rent apartments or villas for an Egyptian vacation. More than 30 charter flights a week are flying into Sharm El Sheikh from most airports in the UK and this will be able to increase when the new International airport in Sharm opens at the end of 2007. UK visitors to Egypt in 2006 increasesed by 600% on 2005 and the trend to holiday in Egypt is predicated to continue, according to a special report into the effects of Egypt’s liberalization of aviation accessibility by the World And Tourism Council, this is only the start of a surge inward flow of travel and tourism demand and International arrivals in Egypt are expected to increase to 13.4 million by 2011.
Many people are spending their holidays in Egypt at places such as Sharm El Sheikh and Hurghada where there is an emerging choice of villas and apartments. These range from luxury multi-bedroom and bathroom apartments and villas to single bed apartments and rooms. But there are also many other new areas of Egypt developing all with beautiful coast lines and sea views where you can relax and enjoy holidaying in Egypt. Attractions and excursions include Nile river cruises, camel rides, and sightseeing beautiful landmarks.
The demand from holidaymakers has made investment in rental property in Egypt an attractive proposition. Property rental could range from £150 per week to £400 per week for apartment accommodation