R
rossantony
New Member
egypt prices are relatively low
Egyptian property prices are 'relatively low' - Cityscape Intelligence
regards
Egyptian property prices are 'relatively low' - Cityscape Intelligence
regards
Well there goes the neighbourhood then!Heard Tescos are looking to invest in the middle east. Was told that they are in talks to aqcuire the conference centre at Jolie Ville Naama for re development
They have also been in talks with Tony Blair - who now lives in Sharm full time I believe
Sunday Express | UK News :: Blair linked to Mid East Tesco deal
Heard Tescos are looking to invest in the middle east. Was told that they are in talks to aqcuire the conference centre at Jolie Ville Naama for re development
They have also been in talks with Tony Blair - who now lives in Sharm full time I believe
Sunday Express | UK News :: Blair linked to Mid East Tesco deal
I've seen that M & S are opening up in Cairo soon so it might not be too long before they come south!Hi Queenie,
It'll be Lidl's,Aldi and Morrisons next,LOL,However what we could really do with out there is a few Marks and Sparks outlets
Regards Eddie Hudson
Editor. A conservative mortgage market has shielded Egypt from the worst excesses that led to the global economic downturn and left the country's real estate market in a prime position to move forward in 2010 said:Egypt to raise mortgage market value
Moustafa El-Haiawan, board chairman of Egypt's Mortgage Finance Fund has said that the country plans to raise its mortgages market to EGP10bn within the next three years, up from the current EGP4bn, Reuters has reported.
"The size of Egypt's mortgages market does not commensurate with the size of its real estate market," El-Haiawan said. Mortgages in Egypt represent well under 1% of GDP, partly because of a complex property registration process that makes it hard for lenders to secure the right to sell a property in case of default.
comment. This opens up many possibilities. But we feel the residential industry in Egypt will have to undergo much reform and transparancy before Egyptians and overseas borrowers access these funds as longer term mortgages.
Alan Cockayne. - Coralife-Style Consultants.