Buying Property in Egypt
properties for sale in Egypt
A New Life Perspective Living in Egypt is one of the most exciting experiences you will ever have! It is one of the world’s oldest civilizations, a unique vacation spot in the Middle East and the Mena’s best tourist destination. Strategically located in both Africa and Asia continents, spanning the southwest corner of Asia and the northeast corner of Africa via Sinai Peninsula, Egypt has become one of the primary business destinations for businessmen and investors from all corners of the world. Thus, Egypt has become an important stop for those who are aiming to take a further step in their professional career. A great percentage of the country’s current inhabitants are of expatriates, who are connected to the international organizations in the country, mainly localized in the capital and some of the international coastal cities in Egypt. This has accordingly increased the demand for Egypt Properties for sale.
Egypt residents both local citizens and expatriates alike are offered a wide variety of properties for sale, ranging from classical houses and villas to modern apartment buildings and adequate studios, to enable different people to live according to their own lifestyle. The demand for each property for sale in Egypt varies according to a number of factors which are: location, price, and facilities. Cairo is the largest city and the capital of Egypt. It consists of a number of luxurious residential and commercial districts, suburbs, newly developed cities; that suits the different tastes and needs of the city residents.
Egypt Property for sale: types and prices
Villas and apartments for sale in Cairo are the most common property types amongst home seekers. Apartments for sale in New-Cairo are the most expensive property types in the country; they come with an average price of 8,000 to 10,000 EGP per square meters. Since its establishment, New Cairo has become a sought out address in East Cairo. The city features an urban design that could be seen in the wide boulevards, grand avenues, intimates lanes and greenery streets and courtyards; which makes it the perfect destination for those who are looking for a home away from the hustle and bustle of the city without compromising on the vibrant lifestyle of the city. Villas for sale in New Cairo are the second popular type amongst Cairo residents. Their unique design, glass facades, and modern amenities provide the residents with the maximum tranquil and luxurious life. Villas for sale in Cairo come with an average price of 10,000 – 14,000 EGP per square meter.
Alexandria is the second most popular areas in Egypt where residents are looking for houses for sale. Alexandria is known to be country’s biggest seaport, serving almost 80% of the country’s exports and imports, thanks to its strategic location on the North Coast of the Mediterranean Sea. Apartments for sale in Alexandria are the most popular property types amongst Egypt’s inhabitants due to their affordable prices; they come with an average price of 3000 – 5000 EGP per square meter.