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.
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.
The starting price of properties in AL Shorouk Buildings is 560,000 EGP with a price per sqm of 6,100 EGP. The downpayment for a property in AL Shorouk Buildings is starting at 15% or 84,000 EGP. 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 6,667 EGP
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.
The starting price of properties in Century City is 2,255,000 EGP with a price per sqm of 16,755 EGP. The downpayment for a property in Century City is starting at 15% or 338,250 EGP. 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 20,880 EGP
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.
The starting price of properties in Business Plus is 5,945,940 EGP with a price per sqm of 71,758 EGP. The downpayment for a property in Business Plus is starting at 20% or 1,189,188 EGP. 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 110,110 EGP
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 starting price of properties in The City is 0 EGP .The downpayment for a property in The City is starting at 10% or 0 EGP. 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 0 EGP
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.
The starting price of properties in Veranda is 8,414,000 EGP with a price per sqm of 36,267 EGP. The downpayment for a property in Veranda is starting at 10% or 841,400 EGP. 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 116,861 EGP
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.
The starting price of properties in Villaria is 3,226,400 EGP with a price per sqm of 11,550 EGP. The downpayment for a property in Villaria is starting at 30% or 967,920 EGP. 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 44,811 EGP