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We welcome you to explore endless opportunities in our exceptional collection of properties for sale in Egypt!
Egypt, situated in North Africa, has long been a favored getaway spot for Europeans and Americans alike. The awe-inspiring ancient ruins, mesmerizing desert landscapes, and warm, cheerful locals entice an increasing number of international visitors. This ever-enchanting country is an ideal option for your vacation dwelling. Whether you're attracted to bustling cities like Cairo or Alexandria, quaint dwellings by the lush Nile Delta, or luxurious beachfront villas in the sun-soaked Red Sea region, Egypt's real estate offers a vast selection of outstanding holiday homes.
If you’re eager to buy a property in Egypt, you probably have many questions about market trends, popular locations, and the process overall. You can rely on us for assistance!
Where to buy property in Egypt?
Let’s discover where to shop for the best real estate in Egypt
Cairo
As the sprawling capital of Egypt, Cairo is an alluring destination for property investment. The city is a blend of ancient architecture and modern urbanization, offering a dynamic and vibrant cultural scene. Cairo is known for its historic landmarks like the Pyramids of Giza and the Museum of Egyptian Antiquities, bustling streets, fabulous restaurants, and lively nightlife. Property for sale in Cairo is diverse, ranging from luxurious villas and apartments to affordable cozy homes.
Red Sea Coast
The Red Sea Coast is a remarkable destination for those seeking a serene environment along with the beach lifestyle. With its year-long sunshine, stunning beaches, and thriving tourist scene, this region is high in demand for property investment. Hot properties in Egypt in this area include beachfront villas, townhouses, and apartments. The cities like Hurghada and El Gouna are particularly popular for their resort lifestyle and vibrant nightlife.
Alexandria
This charming city, known as the 'Pearl of the Mediterranean', has a distinct allure due to its rich cultural heritage, beautiful beaches, and modern urban lifestyle. Alexandria offers an array of properties from historic houses to modern apartments, along with a thriving expat community. The city is also famous for its significant landmarks like the Library of Alexandria and the Qaitbay Citadel.
Luxor
For those who have a keen interest in history and archaeology, Luxor is the perfect destination. Known as the 'world's greatest open-air museum', Luxor is home to numerous historic monuments and sites such as the Valley of the Kings and Karnak Temple. This region offers a variety of properties including charming traditional houses and affordable apartments.
Sharm El Sheikh
Located on the southern tip of the Sinai Peninsula, Sharm El Sheikh is another popular destination for property investment in Egypt. This city is known for its stunning natural beauty, clear waters, and vibrant nightlife. From luxurious beachfront villas to affordable apartments, the property market in Sharm El Sheikh caters to a broad range of budgets.
The average price of a property in Egypt: Trends overview
Here is a list of average property prices per square metre in different regions of Egypt as per the Central Agency for Public Mobilization and Statistics (CAPMAS) and the Ministry of Housing, Utilities and Urban Communities. Cairo: EGP 6,800 - EGP 9,700 per sq m Alexandria: EGP 5,000 - EGP 7,000 per sq m Giza: EGP 5,800 - EGP 8,200 per sq m Sharm El Sheikh: EGP 7,600 - EGP 10,800 per sq m Hurghada: EGP 5,200 - EGP 7,400 per sq m Luxor: EGP 3,800 - EGP 5,400 per sq m Aswan: EGP 4,000 - EGP 5,800 per sq m Port Said: EGP 5,100 - EGP 7,300 per sq m Suez: EGP 4,600 - EGP 6,600 per sq m Mansoura: EGP 4,800 - EGP 6,800 per sq m Please note that these prices are averages and can vary significantly based on the specific location within each region, the property's proximity to tourist or business centres, and the type and age of the construction. It is best to consult with a local property specialist to get the most accurate and up-to-date information.
No matter what your needs are, you may find anything that suits you as we offer a unique blend of style, comfort, and sophistication, promising a lifestyle beyond compare. So, discover your dream home and start the journey of homeownership that exceeds every expectation.
Frequently asked questions:
Is buying property in Egypt a good investment?
Buying property in Egypt can be a promising venture for numerous reasons. Firstly, the country boasts a stable and predictable legal system, guaranteeing the safeguard of property rights for both locals and foreigners. Secondly, real estate institutional investors can secure a regular income from the rental business, thanks to Egypt's flourishing tourism industry and population increase. Thirdly, Egypt has one of the most affordable costs of living in the North African region, rendering it an inexpensive destination and an excellent investment prospect. And finally, government tax incentives for property owners present enticing propositions for foreign investors.
Which places in Egypt have the most properties for sale?
Cairo and Alexandria offer a wide variety of housing and the highest number in the country. If you prefer a more central location, then choose Cairo. The capital market is thriving with Egypt property for sale.
Can a foreigner buy property in Egypt?
Yes, a foreigner can buy property in Egypt. However, there are some restrictions. Foreigners can only own property in certain parts of the country, and they are limited to owning a maximum of two properties. Additionally, the land they can own must not exceed 4,000 square meters.
Where are the cheapest areas to buy properties in Egypt?
If you are looking for affordable real estate in Egypt, consider regions like Mansoura and Tanta. They offer properties at a much cheaper rate than Cairo and other popular real estate destinations in Egypt. Other budget-friendly areas include Sohag, Asyut, and Luxor.
What is better to buy in Egypt: a house or an apartment?
When considering buying property in Egypt, one must consider the benefits of a house versus an apartment. If you're in search of an ideal property with breathtaking views of the Nile, an apartment might be your best choice, as they are frequently situated in prime locations near the river, such as the attractive areas of Downtown Cairo. However, if you prefer the peace of the suburban life, a house might be more appropriate for you and your family. Egypt homes offer a variety of properties under development, including standalone villas and townhouses, which may be more accommodating to families than apartments.