Investment in Egypt

INVESTMENT IN EGYPT

If you’re feeling gloomy about the decline of the pound against the Euro or its current weak status in the UK, then it’s time to think outside the box..... Invest outside the UK....outside Europe.... EGYPT!!!

The British Sterling could not be any better against the Egyptian Pound as today’s rate is a staggering 10.48, the Euro a fantastic 8.79 against the Egyptian Pound and the USD 6.61. This is great news for anyone who wants to buy in Egypt as you get a lot more bricks for your money as only a month ago it was around the 9.5 mark.

So what can you get for your money??? .... depending on the area but for 50,000 sterling  which is approx ½ million LE, you can buy a decent 3 bed flat outright and have nothing else to pay. You can see it as an investment, buy to rent or holiday home which ever route you think of www.aradyelarab.com can guide you through it with realistic Egyptian prices not foreign rates.

If you don’t have 50,000 spare then you could always pay a deposit in a new development and pay the rest over 3 - 5 years.  Whichever way you look at it if you have ever thought of moving abroad or just having that holiday home for the family then Egypt is a great investment for 2013.