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Tiba Towers 2

Tiba Towers 2 is one of the best value developments that we have ever featured and so we are expecting very big things of it. The combination of small unit sizes, a low price/m2 and a generous paym... Prices From: £13,000

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Egypt to be Property Investment Hotspot for Foreseeable
2010-03-03
For a number of reasons Egypt property is becoming the perfect investment package......
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Egypt Property to Be Hot Seller in 2010 for Host of Reasons
2010-02-02
Egyptian property is set to be a hot market in 2010 according to estate agents and industry professi.....
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New Economic Stimulus to Increase Sales of EgyptianProperty
2010-01-14
Egypt has proposed a 3rd economic stimulus package of 2 billion Egyptian pounds. Given that the Egyp.....
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Egyptian Property Receives Glowing Testimonial from Dubai Emaar
2009-12-15
Dubai developer Emaar has said it will complete developments as planned in Egypt. Given that it has .....
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Guide to Buying Property in Egypt

Overview

The Egypt Property Market

We are in the process of updating our Guide to Buying Property in Egypt. Please check back soon.

Egypt Mortgages Options

When considering the options for a Egypt mortgage on your overseas property there are a couple of choices to consider:

  • Do you consider raising finance on your existing property in the UK to cover the whole cost of your purchase abroad? A good idea if the interest rate in the country in question is a lot higher than it is here in the UK as you will pay a lot less in monthly repayments.
  • Do you secure a mortgage against the property from a local bank in the country of purchase? This can be a wise option especially if the interest rate is lower than our current UK interest rate. Most overseas mortgage / bank lenders will require upto 30% deposit on mortgages. However, you will need to give some thought to how you will service your mortgage payments each month especially if you are not living or earning in that country as you may well lose out on exchanging money each time to cover monthly expenses. Check out our Foreign Currency page to see how you can save money in this example
  • Some Builders and developers may well offer their own mortgage facilities on their properties for sale. This can be beneficial to both parties depending on the logistics of the mortgage or loan facility. Always check and compare with the two options above before making your final descision.

For more details on Mortgages in Egypt visit our Mortgage page in Egypt section.

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Egypt Property

Tiba Towers 2

1 bed Apartment
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Tiba Towers 2 is one of the best value development... Prices from: £13,000

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