Released on: June 13, 2008, 1:25 am

Press Release Author: Samantha Woosltencroft

Industry: Real Estate

Press Release Summary: J&JA Overseas Properties believe property investors are
moving to Egypt to take advantage of investment opportunities

Press Release Body: While the strength of the Euro against the pound has prompted a
slowdown in people purchasing properties across Europe, Egypt appears to be fast
becoming a major investment hot spot.

More than 275,000 people from the UK already own property overseas according to the
Office of National Statistics. Sales figures from J&JA Overseas Property show that
the stability of the Egyptian pound has created good growth investment opportunities
in the Land of the Pharaohs.

The impact that fluctuating exchange rates can have on the cost of buying overseas
property is significant and taking advantage of favourable rates can save property
investors large sums.

Egypt's proximity to Europe makes it ideal to take up the mantle of overseas growth.
The increase in sales is also fuelled by low running costs, excellent year round
flight links from the UK, unique climate, high capital growth and strong rental
demand.

Julie Aristidou, managing director of J&JA Overseas Properties isn't surprised that
Egypt is fast becoming a sought after investment destination commenting; "The
current state of the UK economy has meant many people are looking abroad to invest.
The pound is weak against the Euro so investors are looking outside the EU and Egypt
is a prime location."

About J & JA Overseas Properties

J&JA Overseas Properties are an English owned and managed overseas property
investment company, offering an unparalleled service to clientele by providing
customised packages based on their individual requirements. Top of the range
investment property is available in Egypt, Bulgaria, Cyprus and the UAE, amongst
many others.

Working with their established partners J&JA Overseas Properties offer a full range
of overseas property services including, access to the most exclusive properties on
the market, dedicated after sales support system, intermediary service between
client and developer and one-to-one viewing tours of property overseas to name.


Web Site: http://www.jjaoverseasproperties.com

Contact Details: City Tower, Piccadilly Plaza, Manchester, M1 4BT.
Phone Number: 08704211585
Fax: 08704584545
Email: sam.woolstencroft@ukfast.net