Good news for property investors investing in Egypt.

Real estate marketing companies expect an increase in property prices of 25%-30% throughout 2016, according to 8 Gates for Real Estate Marketing CEO, Mohamed Fared.

Mr Fared says that it is unlikely that property prices will decrease.

The continuation of the Egyptian pound together with real demand in the market will result in further increase.

If you dont want to worry about property prices going up, or down, you can always rent an apartment in Hurghada.

We have apartments for rent at Tiba Resort, Tiba View and Sheraton Plaza.

Source