Property or Location in Egypt

Egypt Real Estate: Trends Shaping the Market in 2023

As we step into 2023, the Egyptian real estate market continues to evolve, influenced by economic shifts, technological advancements, and changing consumer preferences. Understanding these trends is crucial for investors, developers, and homebuyers to make informed decisions in this dynamic market. Sustainable Development and Green Initiatives: - Discussing the increasing focus on sustainable and eco-friendly real estate projects in Egypt. - Highlighting how developers are integrating green technologies and practices to meet sustainability goals and attract environmentally-conscious buyers. Affordable Housing Solutions: - Addressing the demand for affordable housing and the efforts made by the government and private sector to bridge the housing gap. - Analyzing various affordable housing projects and incentives provided to developers to encourage affordable housing construction. Technology Integration: - Exploring how technology is transforming the real estate sector, including virtual property tours, online property listings, and blockchain for secure transactions. - Discussing how tech advancements are enhancing the customer experience and operational efficiency within the real estate industry. Shift towards Co-working Spaces: - Examining the rise in demand for flexible workspaces and co-working environments, driven by the growth of startups and freelance professionals. - Discussing how real estate developers are adapting to this trend by incorporating co-working spaces within mixed-use developments. Rise of Mixed-Use Developments: - Describing the increasing popularity of mixed-use projects that integrate residential, commercial, and retail spaces into a single development. - Exploring the benefits of mixed-use developments, such as convenience, enhanced lifestyle, and better utilization of urban space. Tourism-Driven Real Estate Growth: - Analyzing how Egypt's growing tourism sector is influencing the demand for vacation homes and short-term rentals. - Highlighting investment opportunities in real estate targeting tourists and the potential for high rental yields. Government Policies and Economic Stability: - Discussing how government policies and economic stability are impacting the real estate market. - Analyzing incentives provided by the government to stimulate real estate investments and drive economic growth. The Egyptian real estate market is witnessing a transformation in 2023, driven by sustainability, technology, affordability, changing work dynamics, and government initiatives. Investors and stakeholders must remain informed about these trends to navigate the market successfully and capitalize on the emerging opportunities. By aligning strategies with these trends, one can contribute to the growth and development of the Egypt real estate sector while achieving their investment goals.

Pay Over
7.5 Years
Down Payment
7%
Completion
2024 Q3

Kattameya Gate

New Cairo | Memaar El Morshedy


Apartment
Pay Over
3 Years
Down Payment
50%
Completion
2022 Q4

The Waterway New Cairo

New Cairo | The Waterway Developments


Penthouse
Pay Over
8 Years
Down Payment
7%
Completion
2023 Q4

Pavilion New Capital

New Capital | El Attal Holding


Office Space, Shop, Clinic
Pay Over
4 Years
Down Payment
50%
Completion
2023 Q3

Lasirena North Coast

North Coast | Lasirena Group


Penthouse, Chalet
Pay Over
6 Years
Down Payment
10%
Completion
2023 Q4

Kai El Sokhna

Sokhna | Misr Italia


Villa, Chalet
Pay Over
8 Years
Down Payment
5%
Completion
2023 Q3

O West

6th October | Orascom Development


Apartment, Townhouse, Penthouse

About Kattameya Gate, New Cairo

Kattameya Gate is located in Katameya, New Cairo. The developer of Kattameya Gate is Memaar El Morshedy.

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

Kattameya Gate, New Cairo prices

The starting price of properties in Kattameya Gate is 1,400,000 EGP with a price per sqm of 13,400 EGP. The downpayment for a property in Kattameya Gate is starting at 7% or 98,000 EGP. The number of installments for a property in Kattameya Gate is 30 installments and has a payment plan of 7.5 years. The monthly payment of a property in Kattameya Gate 15,556 EGP

About The Waterway New Cairo, New Cairo

The Waterway New Cairo is located in North Investors, New Cairo. The developer of The Waterway New Cairo is The Waterway Developments.

The completion date for The Waterway New Cairo is and the finishing for the properties are Fully Finished.

The Waterway New Cairo, New Cairo prices

The starting price of properties in The Waterway New Cairo is 18,000,000 EGP with a price per sqm of 64,748 EGP. The downpayment for a property in The Waterway New Cairo is starting at 50% or 9,000,000 EGP. The number of installments for a property in The Waterway New Cairo is 12 installments and has a payment plan of 3 years. The monthly payment of a property in The Waterway New Cairo 500,000 EGP

About Pavilion New Capital, New Capital

Pavilion New Capital is located in R7, New Capital. The developer of Pavilion New Capital is El Attal Holding.

The completion date for Pavilion New Capital is and the finishing for the properties are Fully Finished.

Pavilion New Capital, New Capital prices

The starting price of properties in Pavilion New Capital is 1,042,105 EGP with a price per sqm of 38,612 EGP. The downpayment for a property in Pavilion New Capital is starting at 7% or 72,947 EGP. The number of installments for a property in Pavilion New Capital is 32 installments and has a payment plan of 8 years. The monthly payment of a property in Pavilion New Capital 10,855 EGP

About Lasirena North Coast, North Coast

Lasirena North Coast is located in Sidi Abdelrahman, North Coast. The developer of Lasirena North Coast is Lasirena Group.

The completion date for Lasirena North Coast is and the finishing for the properties are Fully Finished.

Lasirena North Coast, North Coast prices

The starting price of properties in Lasirena North Coast is 1,900,000 EGP with a price per sqm of 31,667 EGP. The downpayment for a property in Lasirena North Coast is starting at 50% or 950,000 EGP. The number of installments for a property in Lasirena North Coast is 16 installments and has a payment plan of 4 years. The monthly payment of a property in Lasirena North Coast 39,583 EGP

About Kai El Sokhna, Sokhna

Kai El Sokhna is located in Zafarana, Sokhna. The developer of Kai El Sokhna is Misr Italia.

The completion date for Kai El Sokhna is and the finishing for the properties are Fully Finished.

Kai El Sokhna, Sokhna prices

The starting price of properties in Kai El Sokhna is 4,400,000 EGP with a price per sqm of 37,500 EGP. The downpayment for a property in Kai El Sokhna is starting at 10% or 440,000 EGP. The number of installments for a property in Kai El Sokhna is 24 installments and has a payment plan of 6 years. The monthly payment of a property in Kai El Sokhna 61,111 EGP

About O West, 6th October

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.

O West, 6th October prices

The starting price of properties in O West is 4,000,000 EGP with a price per sqm of 42,793 EGP. The downpayment for a property in O West is starting at 5% or 200,000 EGP. 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 41,667 EGP

Project Community Developer Name Unit Types Project Types Sub Community Completion Date Finishing Bedrooms
Kattameya Gate New Cairo Memaar El Morshedy Apartment Residential Katameya 2024 Q3 Fully Finished 1, 2, 3
The Waterway New Cairo New Cairo The Waterway Developments Penthouse Residential North Investors 2022 Q4 Fully Finished
Pavilion New Capital New Capital El Attal Holding Office Space, Shop, Clinic Retail, Administrative, Medical R7 2023 Q4 Fully Finished
Lasirena North Coast North Coast Lasirena Group Penthouse, Chalet Residential Sidi Abdelrahman 2023 Q3 Fully Finished 1, 2, 3, 4
Kai El Sokhna Sokhna Misr Italia Villa, Chalet Residential Zafarana 2023 Q4 Fully Finished 1, 2, 3
O West 6th October Orascom Development Apartment, Townhouse, Penthouse Residential Wahat Road 2023 Q3 Fully Finished 1, 2, 3

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