Egypt offers "excellent value"

Investors should look to Egypt when making international money transfers, according to industry experts.

Property Abroad recently reported that the country could prove lucrative for Brits seeking overseas investment opportunities.

Julie Liddle, emerging markets researcher for the portal, explained that Egypt's economy has been boosted by holidaymakers.

Government figures show that the tourist trade has seen a yearly 20 per cent increase since 2001.

In addition, a campaign to bring more visitors to Egypt has resulted in an increase in money transfers to the area.

"Investors can find great potential and excellent value for money within the country, as well as great mid-long term capital growth potential," said Ms Liddle.

"Egypt is popular with Britons because it is a warm, easily accessible and cheap."

Imatico Real Estate agency in Portugal recently revealed that the country was an affordable location for Brits in terms of property investments, according to NuWire Investor.

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By John Mills.