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News: Cyprus, Egypt and Morocco flying high

Tue, 08 Jan 08

EasyJet has announced an extra 32 flight destinations as a result of its purchase of GB airways...  

Not only is this good news for those looking to jet away to tempting locations such as Marrakech in Morocco but it will also have a positive effect for those that have invested in real estate in these growing markets. The low cost flights improve accessibility, encourage more visitors and in turn increase the demand for rental property.

The positive impact on the economies will also help boost property prices so owners will start to see further increases in the value of their homes.  With prices for off plan properties starting from as little as £66,876 / €98,559 in Egypt and £64,100 /€ 91,600 Morocco it has never been a better time to invest in your dream holiday home.

Significant benefits

Egypt will benefit significantly with new flights to both Hurghada and Sharm El Sheikh whilst Turkey and Morocco will enjoy greater access with Easyjet flying into Dalaman airport and Marrakech. There is good news for Cyprus too with Paphos firmly on the list.

Steve Worboys, Director of Experience International (http://www.experience-international.com) a leading overseas property specialist comments on the news, “This is very exciting for people who are looking to or have purchased property in one or more of the 32 new destinations that EasyJet has announced.

"Whether they are holiday homes or investment property, there are gains to be had from the increased flights, as well as your own holiday enjoyment! On the flip side of the coin, we encourage clients to off-set their carbon emissions, the one clear environmental negative to increased air travel.”

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