Investment Financing in Egypt
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Investment Financing in Egypt
While there is a lack of an established and strong mortgage market in Egypt, the government is in the process of implementing new legislation to encourage property purchase in the country. A storm of development and real estate activity in the near future is anticipated.
This lack of mortgage availability is in direct disparity to the ever increasing demand of new property in Egypt which many European developers are now attempting to meet. Despite the lack of mortgage options, many buyers are maximising the still very low cost of property to gain significant returns.
Professional investors who are looking to invest in Egypt often decide to release equity on one or more of their properties in other countries to finance their purchases in Egypt.
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