Egypt
Egypt is a land of ancient wonders and modern opportunities. Home to iconic landmarks like the Pyramids of Giza and the Nile River, it blends historical charm with contemporary development.
The real estate market is diverse, offering luxurious homes in gated communities, beachfront properties on the Red Sea, and affordable housing in bustling urban areas. With low property prices compared to global markets, Egypt is becoming a hotspot for investors and expatriates.
Egypt
Egypt is a land of ancient wonders and modern opportunities. Home to iconic landmarks like the Pyramids of Giza and the Nile River, it blends historical charm with contemporary development.
The real estate market is diverse, offering luxurious homes in gated communities, beachfront properties on the Red Sea, and affordable housing in bustling urban areas. With low property prices compared to global markets, Egypt is becoming a hotspot for investors and expatriates.
What's to know?
What's to know?
Market Insights
Current Trends:
Egypt's real estate market is growing steadily, driven by urban expansion, tourism, and government initiatives to develop new cities like New Cairo and New Alamein. Coastal areas like Hurghada and Sharm El-Sheikh are especially popular for vacation homes and investment properties.Popular Property Types:
Apartments in urban areas.
Villas in gated communities.
Vacation homes on the Red Sea coast.
Market Insights
Current Trends:
Egypt's real estate market is growing steadily, driven by urban expansion, tourism, and government initiatives to develop new cities like New Cairo and New Alamein. Coastal areas like Hurghada and Sharm El-Sheikh are especially popular for vacation homes and investment properties.Popular Property Types:
Apartments in urban areas.
Villas in gated communities.
Vacation homes on the Red Sea coast.
Property Listings
Price Range:
$50,000 - $1,000,000 USD.Locations:
Cairo: High-rise apartments, luxury villas.
Alexandria: Coastal properties, city apartments.
New Cairo: Modern developments, gated communities.
Sharm El-Sheikh and Hurghada: Beachfront villas, resort-style homes.
Luxor: Historical homes, properties near the Nile.
Key Features:
Proximity to cultural landmarks or beaches.
Spacious layouts with modern amenities.
Access to pools, gardens, and secure environments.
Property Listings
Price Range:
$50,000 - $1,000,000 USD.Locations:
Cairo: High-rise apartments, luxury villas.
Alexandria: Coastal properties, city apartments.
New Cairo: Modern developments, gated communities.
Sharm El-Sheikh and Hurghada: Beachfront villas, resort-style homes.
Luxor: Historical homes, properties near the Nile.
Key Features:
Proximity to cultural landmarks or beaches.
Spacious layouts with modern amenities.
Access to pools, gardens, and secure environments.
Lifestyle & Location Highlights
Top Cities:
Cairo: Egypt’s capital with a mix of history, business, and vibrant nightlife.
Alexandria: Known for its Mediterranean charm and historic architecture.
New Cairo: A modern city with upscale residential communities.
Sharm El-Sheikh & Hurghada: Famous for crystal-clear waters, coral reefs, and luxury resorts.
Luxor: A hub of ancient Egyptian heritage along the Nile.
Attractions:
The Great Pyramids, Karnak Temple, and Valley of the Kings.
Diving in the Red Sea.
Desert safaris and Nile cruises.
Infrastructure:
Rapid urban development, international airports, and expanding road networks.
Lifestyle & Location Highlights
Top Cities:
Cairo: Egypt’s capital with a mix of history, business, and vibrant nightlife.
Alexandria: Known for its Mediterranean charm and historic architecture.
New Cairo: A modern city with upscale residential communities.
Sharm El-Sheikh & Hurghada: Famous for crystal-clear waters, coral reefs, and luxury resorts.
Luxor: A hub of ancient Egyptian heritage along the Nile.
Attractions:
The Great Pyramids, Karnak Temple, and Valley of the Kings.
Diving in the Red Sea.
Desert safaris and Nile cruises.
Infrastructure:
Rapid urban development, international airports, and expanding road networks.
For Home Buyers
Benefits
Affordable property prices compared to Europe and the Middle East.
Opportunities for both personal use and rental income.
A vibrant expat community, especially in tourist hotspots.
Legal Requirements
Foreigners can own property but must register with Egypt’s Real Estate Authority.
Special rules apply in some coastal areas, where leases may be long-term instead of outright ownership.
Financing Options
Limited mortgages for foreigners; most transactions are cash-based.
For Home Buyers
Benefits
Affordable property prices compared to Europe and the Middle East.
Opportunities for both personal use and rental income.
A vibrant expat community, especially in tourist hotspots.
Legal Requirements
Foreigners can own property but must register with Egypt’s Real Estate Authority.
Special rules apply in some coastal areas, where leases may be long-term instead of outright ownership.
Financing Options
Limited mortgages for foreigners; most transactions are cash-based.
For Home Sellers
Advantages of Selling in Egypt
High demand in urban and tourist areas.
Government-driven infrastructure projects increasing property value.
Marketing Strategies
Highlight proximity to cultural landmarks or beaches.
Showcase modern designs and amenities.
Promote properties on international platforms to reach expat buyers.
For Home Sellers
Advantages of Selling in Egypt
High demand in urban and tourist areas.
Government-driven infrastructure projects increasing property value.
Marketing Strategies
Highlight proximity to cultural landmarks or beaches.
Showcase modern designs and amenities.
Promote properties on international platforms to reach expat buyers.
For Agents
Opportunities for Partnership
Tap into the growing demand for properties in new developments and coastal regions.
Access a diverse client base of locals, expats, and investors.
Support Offered
In-depth market training on Egypt’s real estate laws.
Co-marketing efforts for luxury listings.
Incentives
Competitive commission rates and exclusive access to prime listings.
For Agents
Opportunities for Partnership
Tap into the growing demand for properties in new developments and coastal regions.
Access a diverse client base of locals, expats, and investors.
Support Offered
In-depth market training on Egypt’s real estate laws.
Co-marketing efforts for luxury listings.
Incentives
Competitive commission rates and exclusive access to prime listings.
Taxes and Legal Information
Tax Implications
Buyers: Stamp duty of 1%-2%.
Sellers: Capital gains tax applies to property sales, with exemptions for primary residences held for a minimum period.
Property Registration
Property sales must be registered with a notary public and the Real Estate Authority.
Additional paperwork may be required for foreign buyers.
Additional Fees
Transaction fees typically range from 3%-5% of the purchase price.
Taxes and Legal Information
Tax Implications
Buyers: Stamp duty of 1%-2%.
Sellers: Capital gains tax applies to property sales, with exemptions for primary residences held for a minimum period.
Property Registration
Property sales must be registered with a notary public and the Real Estate Authority.
Additional paperwork may be required for foreign buyers.
Additional Fees
Transaction fees typically range from 3%-5% of the purchase price.
Cost of Living
Housing
Rent for a two-bedroom apartment ranges from $300 in suburban areas to $2,000 in luxury gated communities.
Utilities
Average $50-$100 per month for electricity, water, and gas.
Food & Entertainment
Affordable, with a meal at a local restaurant costing $3-$8.
Affordable options include visits to historical sites, diving, and desert tours.
Cost of Living
Housing
Rent for a two-bedroom apartment ranges from $300 in suburban areas to $2,000 in luxury gated communities.
Utilities
Average $50-$100 per month for electricity, water, and gas.
Food & Entertainment
Affordable, with a meal at a local restaurant costing $3-$8.
Affordable options include visits to historical sites, diving, and desert tours.
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