Property or Location in Egypt

Egypt Real Estate: Analyzing the Impact of COVID-19 on the Market

The COVID-19 pandemic has had a significant impact on the global economy including the real estate market in Egypt. While the full extent of the pandemic's impact on the market is still being studied, here are some of the ways how COVID-19 has affected the Egyptian real estate industry: - Reduced demand: The pandemic has led to a decrease in demand for real estate properties in Egypt, as people are prioritizing spending on necessities rather than investments. Moreover, with remote work becoming more prevalent many people have been looking for more affordable homes outside of city centers. - Construction delays: COVID-19 has disrupted construction activity across the country, with work on many projects either being suspended or slowed down due to supply chain issues and labor shortages. - Reduced tourism: Egypt's tourism industry has been hit hard by the pandemic leading to a decrease in demand for short-term rental properties and vacation homes. - Government support: The Egyptian government has taken steps to support the real estate sector during the pandemic including reducing interest rates and providing tax breaks to developers. - Shift in preferences: The pandemic has also led to a shift in people's preferences for real estate properties with a growing interest in properties that offer more space and outdoor areas.

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Pay Over
7 Years
Down Payment
15%
Completion
2022 Q2

AL Shorouk Buildings

El Shorouk | Amlak Misr Development


Apartment, Penthouse
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Pay Over
9 Years
Down Payment
15%
Completion
2023 Q4

Century City

New Cairo | Vantage Urban Dev.


Apartment, Penthouse, Duplex
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Pay Over
4.5 Years
Down Payment
20%
Completion
2022 Q2

Business Plus

New Cairo | Catalysts Developments


Office Space
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Pay Over
10 Years
Down Payment
10%
Completion
2023 Q4

The City

New Capital | Master Group


Apartment, Duplex
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Pay Over
6 Years
Down Payment
10%
Completion
2022 Q4

Veranda

Hurghada | Inertia


Apartment, Villa, Penthouse
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Pay Over
6 Years
Down Payment
30%
Completion
2022 Q3

Villaria

6th October | Mirad Development


Apartment, Penthouse, Duplex

About AL Shorouk Buildings, El Shorouk

AL Shorouk Buildings is located in El Shorouk City, El Shorouk. The developer of AL Shorouk Buildings is Amlak Misr Development.

The completion date for AL Shorouk Buildings is and the finishing for the properties are Fully Finished.

AL Shorouk Buildings, El Shorouk prices

The starting price of properties in AL Shorouk Buildings is Ask for price with a price per sqm of Ask for price. The downpayment for a property in AL Shorouk Buildings is starting at Ask for price or Ask for price. The number of installments for a property in AL Shorouk Buildings is 28 installments and has a payment plan of 7 years. The monthly payment of a property in AL Shorouk Buildings Ask for price

About Century City, New Cairo

Century City is located in 5th Settlement, New Cairo. The developer of Century City is Vantage Urban Dev..

The completion date for Century City is and the finishing for the properties are Fully Finished.

Century City, New Cairo prices

The starting price of properties in Century City is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Century City is starting at Ask for price or Ask for price. The number of installments for a property in Century City is 36 installments and has a payment plan of 9 years. The monthly payment of a property in Century City Ask for price

About Business Plus, New Cairo

Business Plus is located in North Investors Ext., New Cairo. The developer of Business Plus is Catalysts Developments.

The completion date for Business Plus is and the finishing for the properties are Fully Finished.

Business Plus, New Cairo prices

The starting price of properties in Business Plus is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Business Plus is starting at Ask for price or Ask for price. The number of installments for a property in Business Plus is 18 installments and has a payment plan of 4.5 years. The monthly payment of a property in Business Plus Ask for price

About The City, New Capital

The City is located in R7, New Capital. The developer of The City is Master Group.

The completion date for The City is and the finishing for the properties are Fully Finished.

The City, New Capital prices

The starting price of properties in The City is Ask for price .The downpayment for a property in The City is starting at Ask for price or Ask for price. The number of installments for a property in The City is 40 installments and has a payment plan of 10 years. The monthly payment of a property in The City Ask for price

About Veranda, Hurghada

Veranda is located in Sahl Hasheesh, Hurghada. The developer of Veranda is Inertia.

The completion date for Veranda is and the finishing for the properties are Fully Finished.

Veranda, Hurghada prices

The starting price of properties in Veranda is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Veranda is starting at Ask for price or Ask for price. The number of installments for a property in Veranda is 24 installments and has a payment plan of 6 years. The monthly payment of a property in Veranda Ask for price

About Villaria, 6th October

Villaria is located in Northern Extension, 6th October. The developer of Villaria is Mirad Development.

The completion date for Villaria is and the finishing for the properties are Fully Finished.

Villaria, 6th October prices

The starting price of properties in Villaria is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Villaria is starting at Ask for price or Ask for price. The number of installments for a property in Villaria is 24 installments and has a payment plan of 6 years. The monthly payment of a property in Villaria Ask for price

Project Community Developer Name Unit Types Project Types Sub Community Completion Date Finishing Bedrooms
AL Shorouk Buildings El Shorouk Amlak Misr Development Apartment, Penthouse Residential El Shorouk City 2022 Q2 Fully Finished
Century City New Cairo Vantage Urban Dev. Apartment, Penthouse, Duplex Residential 5th Settlement 2023 Q4 Fully Finished 2, 3, 4
Business Plus New Cairo Catalysts Developments Office Space Administrative North Investors Ext. 2022 Q2 Fully Finished
The City New Capital Master Group Apartment, Duplex Residential R7 2023 Q4 Fully Finished 2, 3, 4, 5
Veranda Hurghada Inertia Apartment, Villa, Penthouse Residential Sahl Hasheesh 2022 Q4 Fully Finished 1, 2
Villaria 6th October Mirad Development Apartment, Penthouse, Duplex Residential Northern Extension 2022 Q3 Fully Finished

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