Sharm El Sheikh offers you the opportunity to invest in your own slice of paradise with a relatively secure property environment with a proven, stable, expanding market. Sharm El Sheikh offers you a part of Sinai, the lifestyle, and a valuable investment opportunity. Sharm El Sheikh in Egypt is one of the most popular cities among foreign tourists. The main attraction of this place is its fascinating beaches; some amazing tourist spots in
Sharm El Sheikh include Naama Bay, Ras Muhammad National Park, Mount Sinai, Tiran Island and lots more!
Egypt has long been considered a famous property destination.
Sharm El Sheikh Property in Egypt, an idyllic tourist spot has seen a great demand from foreign buyers from Russia, Britain, Germany and many other countries. With time, Egypt’s population is growing rapidly so as the demand for new homes to meet the requirements of the people living here as well as tourists. Many foreign tourists attracted towards
buying property in Sharm El Sheikh because this place
offers wonderful nature, weather, water sports, cruises, sailing and water tours, etc. Sharm El Sheikh
is an immature emerging market; the property is nothing short of cheap by western norms
Are you looking to buy a property in Sharm El Sheikh? You should know that there are various advantages of purchasing a home in Sharm El Sheikh. It’s a perfect destination to own a holiday property; some of the best benefits that you’ll attain if you will purchase the property for sale in Sharm El Sheikh are such as:
- Tax breaks (no stamp duty)
- Tax benefits (extremely low taxes)
- No capital gains tax on resale
- Low death succession duty 7% (to transfer property ownership)
- No sales tax
- Banks- easy to open accounts and to transfer funds
- 0% tax on bank interest
- world class resorts, read sea and diving Paradise
- weather, 360 days of sun
- low cost leaving
- high return on investment, property prices have increased over 20% for the last two years
- safe economy and banking system
- handover management and rental of your property