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Egypt

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For both Western and Eastern expatriate travellers from UAE, Egypt features the most sublime and unmissable antiquities on earth as well as spectacular resort destinations with some of the world’s best scuba diving spots. Red Sea properties and Mediterranean resorts are by far the most popular amongst foreign house hunters and this has been reflected in impressive house price increases.

The property market has performed extremely well in the last year. The Red Sea area has seen prices increase by over 25 per cent.

Capital: Cairo

Currency: Egyptian pound

Language: Arabic

Religion: Muslim

Climate: In terms of average rainfall, Egypt is the driest country in the world. It is hot in the summer, with temperatures averaging between 80 and 90°F (27 - 32°C), and up to 109°F (42°C) on the Red Sea coast. Winters are cool during days and chilly during night, with temperatures averaging between 55 and 70°F (13 to 21°C).

Time zone: EET (UTC+2)

Buyer’s Guide

Legal fees up to 1.5%. property registration 3% + survey fees. No capital gains tax.

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