Egypt offers an affordable cost of living, a rich cultural heritage, warm weather year-round, and beautiful coastal and historical locations, making it an attractive destination for retirees.
Some of the most affordable cities include Hurghada, Sharm El Sheikh, Alexandria, Luxor, and Aswan, each offering unique lifestyles and amenities suitable for retirees.
Retirees can choose from a variety of properties such as apartments, villas, townhouses, and beachfront properties, depending on their preferences and budget.
Egypt offers significantly lower property prices compared to many Western countries, making it an affordable option for retirees looking to maximize their retirement savings.
Hurghada is known for its affordable housing, stunning beaches, active expat community, and opportunities for water sports and outdoor activities, making it a popular choice for retirees.
Yes, foreigners are allowed to purchase property in Egypt. The process is straightforward, with specific areas designated for foreign ownership.
Property prices can vary widely: - Apartments: EGP 500,000 to EGP 1,500,000 - Villas: EGP 1,500,000 to EGP 4,000,000 - Beachfront properties: EGP 2,000,000 to EGP 5,000,000
Yes, there are several retirement communities and developments in Egypt that cater specifically to retirees, offering amenities like healthcare services, community centers, and 24/7 security.
Retirees in Egypt have access to public hospitals, private clinics, international healthcare centers, and affordable medical care, which is often much cheaper than in Western countries.
Property taxes in Egypt are relatively low, with annual property taxes based on the assessed value of the property. Retirees should be prepared to pay these as part of their property ownership.
The process involves selecting a property, hiring a real estate agent, conducting a legal review of the contract, securing financing if necessary, and finalizing the purchase.
Yes, some banks and developers offer financing options, including mortgages and installment plans, to make property purchases more accessible to retirees.
Egypt offers a low cost of living, with affordable groceries, dining, utilities, transportation, and healthcare, allowing retirees to enjoy a comfortable lifestyle without straining their finances.
Important legal considerations include property ownership rights, visa requirements, healthcare access, and understanding local laws to ensure a smooth transition into retirement in Egypt.
Egypt has a well-established legal framework for property ownership, making it secure for both locals and foreigners to invest in real estate.
Retirees can choose from various visa options, including a tourist visa, long-term renewable visas, and special residency permits for property owners.
Maintenance costs in Egypt are generally low, with affordable property management services available, especially in modern developments, ensuring minimal upkeep for retirees.
Yes, many developments offer property management services, including maintenance, security, and rental management, making it convenient for retirees who may not reside in Egypt year-round.
Retirees can enjoy a relaxed lifestyle, rich cultural experiences, opportunities for travel within Egypt, and an active social life, particularly within expat communities.
Retirees can find affordable real estate by working with local real estate agents, exploring online listings, attending property expos, and researching specific retirement communities to find the best deals.
La Nuova Vista is located in 1st Settlement, New Cairo. The developer of La Nuova Vista is Misr Italia.
The completion date for La Nuova Vista is and the finishing for the properties are Fully Finished.
The starting price of properties in La Nuova Vista is Ask for price with a price per sqm of Ask for price. The downpayment for a property in La Nuova Vista is starting at Ask for price or Ask for price. The number of installments for a property in La Nuova Vista is 20 installments and has a payment plan of 5 years. The monthly payment of a property in La Nuova Vista Ask for price
Wood Walks is located in Al Mostakbal City, New Cairo. The developer of Wood Walks is Al Ahly Sabbour Developments.
The completion date for Wood Walks is and the finishing for the properties are Fully Finished.
The starting price of properties in Wood Walks is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Wood Walks is starting at Ask for price or Ask for price. The number of installments for a property in Wood Walks is 36 installments and has a payment plan of 9 years. The monthly payment of a property in Wood Walks Ask for price
LVLS is located in Marsa Matruh, North Coast. The developer of LVLS is Mountain View (DMG).
The completion date for LVLS is and the finishing for the properties are Fully Finished.
The starting price of properties in LVLS is Ask for price with a price per sqm of Ask for price. The downpayment for a property in LVLS is starting at Ask for price or Ask for price. The number of installments for a property in LVLS is 32 installments and has a payment plan of 8 years. The monthly payment of a property in LVLS Ask for price
Salt is located in Sidi Abdelrahman, North Coast. The developer of Salt is Tatweer Misr.
The completion date for Salt is and the finishing for the properties are Fully Finished.
The starting price of properties in Salt is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Salt is starting at Ask for price or Ask for price. The number of installments for a property in Salt is 32 installments and has a payment plan of 8 years. The monthly payment of a property in Salt Ask for price
Keeva is located in Eastern Extension, 6th October. The developer of Keeva is Al Ahly Sabbour Developments.
The completion date for Keeva is and the finishing for the properties are Fully Finished.
The starting price of properties in Keeva is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Keeva is starting at Ask for price or Ask for price. The number of installments for a property in Keeva is 36 installments and has a payment plan of 9 years. The monthly payment of a property in Keeva Ask for price
O West is located in Wahat Road, 6th October. The developer of O West is Orascom Development.
The completion date for O West is and the finishing for the properties are Fully Finished.
The starting price of properties in O West is Ask for price with a price per sqm of Ask for price. The downpayment for a property in O West is starting at Ask for price or Ask for price. The number of installments for a property in O West is 32 installments and has a payment plan of 8 years. The monthly payment of a property in O West Ask for price
VYE is located in District G, New Zayed. The developer of VYE is SODIC.
The completion date for VYE is and the finishing for the properties are Fully Finished.
The starting price of properties in VYE is Ask for price with a price per sqm of Ask for price. The downpayment for a property in VYE is starting at Ask for price or Ask for price. The number of installments for a property in VYE is 28 installments and has a payment plan of 7 years. The monthly payment of a property in VYE Ask for price
The Estates Residences is located in District G, New Zayed. The developer of The Estates Residences is SODIC.
The completion date for The Estates Residences is and the finishing for the properties are Fully Finished.
The starting price of properties in The Estates Residences is Ask for price with a price per sqm of Ask for price. The downpayment for a property in The Estates Residences is starting at Ask for price or Ask for price. The number of installments for a property in The Estates Residences is 32 installments and has a payment plan of 8 years. The monthly payment of a property in The Estates Residences Ask for price
Rivers is located in District G, New Zayed. The developer of Rivers is Tatweer Misr.
The completion date for Rivers is and the finishing for the properties are Fully Finished.
The starting price of properties in Rivers is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Rivers is starting at Ask for price or Ask for price. The number of installments for a property in Rivers is 32 installments and has a payment plan of 8 years. The monthly payment of a property in Rivers Ask for price