Naples, FL, August 24, 2018 --(PR.com
)-- Investment interest in Egypt property market has maintained its continuous incline as more investors are keen to invest, especially in anticipation of the International Property Show Egypt (IPS Egypt) which will be held from October 10-13, 2018 at the Egypt International Exhibition Center and where exclusive deals and discounts will be offered to investors.
Property market in Egypt continues to grow since the Egyptian government decided to float its currency in 2016 benefiting the sector as more Egyptians invest in flats and townhouses either for their new or second homes. Egyptian expatriates whose income abroad can be translated to higher buying capacity in Egypt are also heavily investing in their country with significant interest in vacation homes, while Egypt’s wide array of residential and commercial properties continue to attract foreigners living in the country.
Yet the higher stake in Egypt property investment rests in anticipation of planned mega infrastructures, including the New Administrative Capital which, when completed, is expected to attract heavier foreign investment and tourism boom. New Administrative Capital will have dedicated districts, a huge park, educational institutions, technology and innovation parks, hundreds of hospitals, clinics, mosques, and hotels, an impressive international airport, a theme park that could compete with the world’s largest Disneyland, and a railway link to Cairo.
As in previous IPS shows which were held in Dubai, IPS Egypt will also have as one of its features the Mega Property Sale to facilitate onsite sale and purchase of properties. The 4-day event will also offer a complete package of bargain deals and services such as market-leading offers from regional and international developers, banks and other financial institutions, legal services, real estate agents, and property auction houses.
IPS Egypt is one of the largest international gathering of real estate developers and investors and is being supported by Dubai Land Department. H.E. Majida Ali Rashid, DLD Assistant Director General and the head of the Real Estate Investment Management and Promotion Center, anticipates higher investment by Egyptian investors on Dubai real estate thru IPS Egypt. In her statement, H. E. Majida Ali Rashid said that, “The Dubai Land Department, thru the Real Estate Investment Management and Promotion Centre, supports IPS Egypt and its thrusts in facilitating a healthier regional property investment market. We will have our own UAE Pavilion at IPS Egypt to unveil Dubai’s real estate investment map and attract more Egyptian investors to invest on real estate in Dubai.”
For media inquiries, kindly call or email:
Anai Merino, Marketing Manager
International Property Show Egypt
P.O. Box 10161, Dubai, United Arab Emirates
M: + 971 56 403 4048
T: + 971 4 3232 392