Press Release Summary: J&JA Overseas Properties believe property investors are moving to Egypt to take advantage of investment opportunities
Press Release Body: While the strength of the Euro against the pound has prompted a slowdown in people purchasing properties across Europe, Egypt appears to be fast becoming a major investment hot spot.
More than 275,000 people from the UK already own property overseas according to the Office of National Statistics. Sales figures from J&JA Overseas Property show that the stability of the Egyptian pound has created good growth investment opportunities in the Land of the Pharaohs.
The impact that fluctuating exchange rates can have on the cost of buying overseas property is significant and taking advantage of favourable rates can save property investors large sums.
Egypt's proximity to Europe makes it ideal to take up the mantle of overseas growth. The increase in sales is also fuelled by low running costs, excellent year round flight links from the UK, unique climate, high capital growth and strong rental demand.
Julie Aristidou, managing director of J&JA Overseas Properties isn't surprised that Egypt is fast becoming a sought after investment destination commenting; "The current state of the UK economy has meant many people are looking abroad to invest. The pound is weak against the Euro so investors are looking outside the EU and Egypt is a prime location."
About J & JA Overseas Properties
J&JA Overseas Properties are an English owned and managed overseas property investment company, offering an unparalleled service to clientele by providing customised packages based on their individual requirements. Top of the range investment property is available in Egypt, Bulgaria, Cyprus and the UAE, amongst many others.
Working with their established partners J&JA Overseas Properties offer a full range of overseas property services including, access to the most exclusive properties on the market, dedicated after sales support system, intermediary service between client and developer and one-to-one viewing tours of property overseas to name.
2022
