Egypt's real estate sector back in the spotlight

With Egypt’s political landscape seemingly stabilizing, investors are gradually making their way back into the market, with the spotlight focused on the country’s once thriving real estate sector.

Whether you were looking for a small getaway on the Coast of the Mediterranean, something more luxurious on the Red Sea, or an upscale residence in one of Cairo’s new communities, Egypt was the destination of choice for real estate investors, both local and foreign.

Since last year’s winter uprising pushed Hosni Mubarak and his cronies out of power, the once attractive sector plummeted as investors shied away from long-term commitments, and also as some of the sectors leading names were linked with corruption cases or land disputes.

Source: TheDailyNewsEgypt.com