Profitable Investment Real Estate For Sale in Alexandria, Egypt
Alexandria is a major coastal city, Egypt's second-largest city, and is located in northern Egypt, along the Mediterranean Sea, about 220 km (137 miles) northwest of Cairo.
Alexandria benefits from a seafront Corniche, beaches, and a harbor that together create a sought after location with investors and private buyers looking for luxury properties in a key location in Egypt.
Many luxury properties located within upscale developments offer panoramic sea views and direct beach access, which attracts both domestic and international buyers and investors.
Investment real estate refers to property purchased with the primary goal of generating income for profit, rather than being used as a personal residence.
The investor, or owner, rents out the property to tenants directly or through a management company for short or long-term periods. In return the investor earns regular rental payments, which can be from residential rentals, such as houses, condos or apartments, or from commercial rentals which can be offices or retail spaces.
As the property increases in value over time, often used in growing markets (albeit there can be periods of decline) but overall property values do increase, and can then be sold at a profit.
Investors may be able to deduct expenses such as mortgage interest, property taxes, insurance, and depreciation adding to the value of ownership.
Also there are mixed-use properties combining residential and commercial elements as an option, plus land, with or without planning permission, that can be developed on or sold again for future real estate development.
