Egyptian Property Highlighted as Investment of the Future

Egypt has been highlighted as an overseas property hot-spot of the future, according to an article on the Overseas Property Mall blog.

In the article, well known property expert Liam Bailey said that while Egypt property prices are quite capable of growing very quickly over the short and the long-term, the unfair distribution of wealth in the country means there is very little demand from within the largely impoverished local population and this leaves property in Egypt investors at the mercy of foreign buyers.

The Egyptian government is busy trying to improve the situation though, now that their efforts to increase foreign investment inflows have paid off and require less of the government's attention.

In my opinion there is a good chance that Egypt can improve the distribution of wealth in the country, because they have plenty of economic growth to work with.

Even as the world endures one of the worst global recessions in almost a century, the International Monetary Fund is forecasting 3.6% growth in the Egyptian economy this year. Though this is much slower than the 7% averaged in recent years it is still impressive in the current climate. Growth is then forecast to slow to 3% next year, with inflation being brought down to a much more respectable 8.5%, from over 16% this year.

On top of that, to offset any doubts about whether Egypt can bring more of its population out of poverty, are the low property prices in the country and the exceptional rental yields this makes possible.

2 bedroom apartments near the beach in Hurghada can be bought off plan for less than £20,000, and rented out for £385.00 per week. This gives a 25% gross rental yield on 10 weeks occupancy.

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English Property Bargains Present Investment Opportunity

The English property market is offering an abundance of fantastic investment opportunities, according to an industry expert. Liam Bailey chief market analyst for property portal Property Abroad said:

"I just can't believe the price of the off-plan units we are advertising. It's like the world has turned upside down. A big strength of recommending markets like Albania and Montenegro last year was that properties could be for a fraction of what they would cost in the UK, but now you can buy an off-plan 1 bedroom apartment in the UK for less than a 1 bedroom off-plan apartment in Montenegro, in comparable locations. These off-plan properties will grow in value rapidly when they are completed and the market recovery begins."

Property Abroad have several cut-price off-plan developments in England. One of the biggest bargains is the ManYoo off-plan development in Salford Quays, offering 2 bedroom luxury apartments in a prime waterfront location just outside Manchester city centre from just £113,000. When the UK economic recovery begins, whenever that may be, chic 2 bedroom pads like this on the outskirts of a major city could be worth anything from twice to even three or four times that amount.

Liam Bailey said about the ManYoo development:

"This is an incredible bargain. If I had the money, which unfortunately I don't due to my growing family shrinking my bank balance, I would buy a 2 bedroom apartment in the ManYoo development myself."

Another bargain English property listed by Property Abroad is The Rise development, offering 23 high-end 2 bedroom apartments on the outskirts of York for just £144,950. The apartments are 2 bedroom 2 bathroom properties, many including en-suite and changing room facilities. According to the developer the apartments are being released at 15% below their market value.

Property Abroad is also listing 1 bedroom apartments in central Leicester for just £91,847. The 53 1 and 2 bedroom luxury apartments have fitted kitchens, wood-strip or carpeted floors, under-floor heating, video entry and secure allocated parking.

Visit the site to find out about Property Abroad's other bargain properties in England.

About Property Abroad

Property Abroad is rapidly growing into one of the best known, trusted and most successful overseas property portals in the U.K. With a slick dynamic site and very reasonable rates Property Abroad currently has among the most extensive worldwide property listings on the net.

To find out more contact Liam Bailey on liam@property-abroad.com or the team at: info@property-abroad.com

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Brazil Property Ideal for Investment

Impartial overseas property organisation BuyAssociation, has stated that Brazil's property market is "ideal for investment". A BuyAssociation spokesperson added that the country is more likely to survive the current financial uncertainty [than most] because of the "healthy cash reserves" held by banks and the low rate of borrowing within the country.

Liam Bailey, chief market analyst for rapidly expanding overseas property portal Property Abroad concurred with BuyAssociation's findings:

"A few months ago I noted brazil as one of the few countries where the economy and property market should continue to flourish throughout the global slowdown, then because Brazil's exports to the booming Asia were growing exponentially, triggering massive growth in the economy as a whole. Now, as even Asia starts to feel the crunch, it becomes clear that banks having healthy cash-reserves and healthy lending policies are as important as economic growth in surviving the credit crunch, thus putting Brazil in an even better position."
Les Calvert, Property Abroad's director added:

"Brazil began growing in popularity a few months ago, and has continued to become more popular both in terms of properties being viewed and properties being enquired about."

Property Abroad currently have a very impressive range of property in Brazil. For those on a limited budget, Property Abroad are currently advertising 1-3 bedroom apartments on a fully equipped resort style development in Porto dos Corais, Natal, priced from £32,550.

Those with slightly more to spend may well be interested in 2 bedroom apartments in a beach-front Brazilian village of Imbassai. The development has ample parking, a communal swimming pool, gourmet barbecue area, gymnasium and offers apartments priced from as little as £52,081.

For those who can afford to spend to get total beach-front luxury, Property Abroad are offering a luxurious 5 bedroom beachfront villa for just £255,000. Aside from a massively spacious living room the villa has a salon, library, a fully equipped kitchen and massive dining room, all with sea-views. Each of the 5 superbly appointed bedrooms also have sea-views.
Find out more about Brazil property .

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