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Expatriate Insurance News: Egyptian property market 'returning to normal'

Expatriates, investors and local buyers appear to be renewing their interest in Egyptian property.

According to reports from Overseas Property Professional (OPP), the market is returning to normal after the disruption of the political revolution.

Loxley McKenzie told the news source: "There was initially a huge drop in the enquiries we were receiving, especially in the first few days of the unrest. This was a natural and expected response."

However, he explained that the resilience of buyers is becoming apparent as interest is already turning positive again.

People considering moving to Egypt might want to think about taking out expatriate medical insurance first, just to be on the safe side.

Meanwhile, Peter Mitry, chief executive officer of Egypt-Real.com, told OPP that sales have been quieter than usual, but international enquiries are gradually starting to improve.

Moving abroad? Get a free quote for your international medical insurance online.

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