The Overseas Property Investment Forum

propertastic · #1 13-01-2008, 07:39 PM

My gut instinct tells me that 2008 is the year when Egypt goes from being a property market for the courageous, clued up 'early adopter' and goes into the mainstream.

They key to this happening will be the mass media starting to report on it.

I know that there was an article in the Daily Mail a couple of month's back about that boxer, Steve Cazaghe (don't know if that's how you spell his name - not into boxing!) buying in Regency Towers.

We also know that there is a piece in the Daily Telegraph coming soon.

I thought that it would be a good idea to start a thread where we can all post any information on mass media reports on the market - either those that have appeared or that we know will appear.

Then we will all have a better idea as to when to expect the hordes to be on their way.

dave99 · #2 13-01-2008, 07:53 PM

Quote:

Originally Posted by propertastic

Then we will all have a better idea as to when to expect the hordes to be on their way.

Great stuff - does that mean I now have to buy a paper.
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lyndsay552 · #3 13-01-2008, 08:09 PM

I have justed returned from a property expo and the company had only just started the market Egypt. They are probably a bit behind everyone else but it shows that people are really starting to get interested in Egypt.

lyndsay552 · #4 13-01-2008, 08:11 PM

I take it you mean Joe Calzaghe lol

awahee123 · #5 13-01-2008, 08:34 PM

I think media coverage is what is needed and if Egypt just gets it's share it will be well on its way to becoming a lot more popular then it is.
I think a lot of people are weary with it being so near a lot of trouble spots hopefully this will change in the future.

propertastic · #6 13-01-2008, 08:40 PM

Quote:

Originally Posted by lyndsay552

I take it you mean Joe Calzaghe lol

Good job you told me that. If I met him at Regency Towers one time and called him Steve, he might give me a good beating!

propertastic · #7 13-01-2008, 08:49 PM

Quote:

Originally Posted by *********

I think media coverage is what is needed and if Egypt just gets it's share it will be well on its way to becoming a lot more popular then it is.
I think a lot of people are weary with it being so near a lot of trouble spots hopefully this will change in the future.

Yes, there is still this misconception even though there seems to be a lot more dangers in Turkey at the moment than in Egypt, yet that doesn't seem to have harmed the market there too much.

Of course, as soon as anyone goes to Egypt and sees how serious they are about secuity, those worries should pass.

The thing I'm most scared about there is crossing the roads - now that can be a truly terrifying experience!

propertyborders · #8 13-01-2008, 10:26 PM

Quote:

Originally Posted by propertastic

My gut instinct tells me that 2008 is the year when Egypt goes from being a property market for the courageous, clued up 'early adopter' and goes into the mainstream.

They key to this happening will be the mass media starting to report on it.

I know that there was an article in the Daily Mail a couple of month's back about that boxer, Steve Cazaghe (don't know if that's how you spell his name - not into boxing!) buying in Regency Towers.

We also know that there is a piece in the Daily Telegraph coming soon.

I thought that it would be a good idea to start a thread where we can all post any information on mass media reports on the market - either those that have appeared or that we know will appear.

Then we will all have a better idea as to when to expect the hordes to be on their way.

You probably wont believe me when I say that I was thinking of starting a similar thread with the heading Egypt in the Worlds media.
I also think it will hit the headlines this year for the right reasons. Just shows great minds think alike.

awahee123 · #9 17-01-2008, 12:05 PM

wow interesting reading ,confirms to us what we were thinking that Egypt is on the up, slowly but surely,hopefully all visitors will start treating it as a holiday destination rather then just visiting the pyramids for a few days.
It's certainly good news that's for sure.

queenie40something · #10 17-01-2008, 12:30 PM

Hi we went to The Place in the Sun exhibition at the NEC in Sept last year. There were a couple of exhibiters selling property in Egypt and they were drawing quite alot of attention.

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