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Egypt property The property market in Egypt is primarily focused around the Red sea and Mediterranean coastline. Property investors are also buying in and around the main urban hubs of Cairo, Alexandria and Luxor, The Egyptian governments pro-active policies for attracting overseas investment has created an economic climate geared for growth in the Egyptian property market. Do you agree? Please state your views and opinions here on our new Egyptian property forum.

Nile View Development Luxor - Page 2

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  #11  
Old 18-05-2008, 02:15 PM
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Originally Posted by sonia36 View Post
my business partner is adamant she wants to buy an apartment in the new complex being built on the East Bank of Luxor.

Sonia
Hi Sonia
I will be going to Luxor soon. I have been many times and like to visit as it is such a contrast to the Red Sea coast. If you have the details I can check it out if I have time or maybe it is close to where I will be. For me the attraction of the trip is a nice 5* hotel to be waited on and not have to cook I also want to do the Dendera boat trip as I haven't visited this temple before. It is about ten degrees hotter than the Red Sea in July and August though! We clocked up 47 degrees crossing the desert in my friend's car few years back.
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  #12  
Old 20-05-2008, 01:00 PM
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Originally Posted by sonia36 View Post
Hi
Sorry to be a pest. I note it would not be nice to live in Luxor but do you know what it would be like investment wise and more importantly the rental side of things?

Sonia
Dear Sonia,
Did you hear about last Villas Totaly removal from the NIle coast side as it was illegal? for my opinon Luxor is very sensetive and noot easy as treasures every where and if they discover something under your house they will take it
my opinion Red Sea area is the best and reliable at the moment
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  #13  
Old 20-05-2008, 03:41 PM
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Hi George,

You know, we sort of thought about Luxor at one point also as an investment. What a good point you have raised there. Any sign of anything Pharaonic and down comes your house!!! The Luxor area must be covered in archaeology as it was the capital of ancient Egypt. Hmmm... maybe not such a good idea.

Margaret
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