STUDIO APARTMENTS FOR SALE IN RED SEA, EGYPT FROM 13 588 💷 GBP

Find the perfect studio Apartments in Red Sea, Egypt from 13 588 💷 GBP on TheMoveChannel.com.

Back in 2008, the average buy-to-let property in the Red Sea region of Egypt was pulling in an average of 12 per cent per year by way of rent yields. Unsurprisingly, the boom couldn't last forever and by the year 2012, things had already taken a dive closer to the 9 per cent mark. But what's been interesting is how regardless of various less-than ideal social and economic factors, property prices have weathered all pressures to remain on the up and rent yields have seldom fallen below the 8 per cent mark. Of course, the sheer volume of properties across the region means choosing at random rarely pays off, but a savvy move at the ideal time in a key Red Sea resort has the potential to be a real winner.

Also known as a flat in the UK, Hong Kong and other countries, an apartment is a residential unit that occupies a self-contained space within a larger building. Apartments can contain several 🛏 bedrooms, or consist of one single room which combines the kitchen, living room and dining room. These are known as studio apartments. Apartments can also span more than one floor within a building. These are called maisonettes.