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Can Foreigners Buy Property in Sinai?

April 26, 2017buy foreigners Property Sinai

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Can Foreigners Buy Property in Sinai?

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Yes! Foreigners are permitted by Egyptian Law to own up to 2 properties in Egypt for residential / personal use. Over the past 10 years in Dahab and the Red Sea property prices have risen incredibly, making buying property here a very clever investment choice. Land is scarce in and around Dahab and we predict that prices will continue to increase over the next few years along the same vein.