First Book of Egyptian Real Estate and Property Market Published Today

Nick Pendrell, author and Chief of international property investment portal, Propertastic!, today announced the publication of the first book to be written on the Egyptian property market, ‘Propertastic’s Complete Guide to Hurghada Property and Egypt’s Red Sea Riviera Real Estate - Apartments, Flats, Villas and Houses on the Egyptian Property Market’, released today by MX Publishing.

The author explains, “The Egyptian property market is currently where the market in Morocco was in 2006, or Turkey in 2004. Egypt is just reaching ‘the tipping point’ of going from being an emerging market known only to well-informed semi-professional investors to becoming a mass-market property buying destination, well-covered by the media and considered as a mainstream investment.”

“The benefits of Egypt as a tourist destination are clear to see,” he continues. “There are few other destinations that are only 4-5 hours by air from most of mainland Europe which have sunshine 365 days per year. Add to this the fact that Egypt’s Red Sea Riviera has some of the best diving and watersports facilities in the world, and it’s easy to see why visitors to the region are increasing rapidly.”

“Despite all of these advantages, property prices in Egypt are still very low in comparison with the newest of the other developing markets such as Cape Verde and Brazil, and a fraction of equivalent property across much of the Mediterranean, with prices starting from £15,400 (€21,500/$31,800) and frontline beach properties from just £19,950 (€27,850/$41,200).”

Containing over 30,000 words over 108 pages, the book is written in an easy-to-read style that assumes no previous international property buying experience on the part of the reader.

Priced at £9.99 in the UK and $19.95 in the US, the book is now available from Amazon in the UK, US, Canada, France, Germany and Japan, plus other UK online stores including Waterstone’s, Play.com, Tesco and WHSmith.co.uk.

It can also be ordered from bricks-and-mortar bookstores worldwide by quoting the ISBN: 978-1904312345