Buying Luxury Property in Egypt as a Rental Investment

Egypt is part of Africa as well as the Middle East, and being a transcontinental country located in the northeastern corner of Africa, with the Sinai Peninsula forming a land bridge into Asia, Egypt is well situated to be able to benefit from multiple real estate markets looking at Egypt as a potential source of revenue.

International buyers and expatriates are especially drawn to luxury coastal developments on the Red Sea which includes Hurghada, El Gouna and Marsa Alam, and on the Mediterranean coast with Alexandria, North Coast and Alamein, where high-end villas and beachfront apartments provide both investment potential and lifestyle appeal.

Buying a luxury rental property as an investment involves a combination of traditional real estate fundamentals and the unique considerations that come with high-end properties.

As an investor are the aims cash flow, appreciation, or mixture of both that is the expected result, and is this investment property a short-term rental or long-term lease.

The property may be used personally as well as being an investment for part of the year which is termed a hybrid investment, and this will depend of the net-worth of the individual, and how much personal usage is being considered.

A luxury property that is to be used as a rental property, has to be located in desirable areas for it to appeal, areas such as those with water views, seclusion, night-life and recreation activities.

Those with a high-income are often the types to look for a luxury rental in tourism or executive relocation market. To find just where are the BEST luxury rental properties in Egypt, that are listed for sale as investments by real estate agents, will start with an online search via a listings portal.

When investing, due diligence is essential in any investment transaction, tax rates, and any local regulations should be reviewed etc. Hiring a real estate attorney is an essential part of the purchase process to ensure all legal paperwork is handled properly.