Inflation in Egypt - Devaluation Egyptian Pound - Invest in Real Estate!
The Egyptian Pound devaluated with over 30% since Jan 2013. Stable since March 2016 the currency comes again under enormous pressure.
One of the indicators for further deflation is the expected ratification of the 12 Billion USD fund facility of the International Monetary Fund, as the IMF always wants countries to have a floating currency system.
The key to making money in an inflationary environment is to hold investments that increase in value at a rate in excess of the rate of inflation. A number of investments are historically viewed as hedges against inflation. These include real estate, gold, oil, stocks and inflation-indexed bonds.
To invest in oil, stocks and inflation-indexed bonds usually requires hard currency. At the moment it is nearly impossible to exchange bigger amounts of Egyptian Pounds to USD as an example. For this reason the real estate investment is the most accessible investment to secure the money you hold in Egyptian Pounds.
Check out our website or contact us by phone to find out about lands, shops, apartments and villas we have in our portfolio. You can trust in our 20 years experience in the Red Sea property market. We will assist you in finding the best real estate investment for your budget.
Don’t miss the time, buy now and escape the expected devaluation of the amounts you hold in Egyptian Pounds.
Ocean Estate has more than 20 years of experience in the Egyptian Red Sea real estate market, and always follows the latest development. Contact Ocean Estate at +20 106 317 6132 or [email protected].
View Ocean Estate's portfolio: www.oceanestate.net