Egypt’s real estate market is witnessing transformative growth, becoming a key player in the country's economy and a hotspot for GCC investments. With its booming economy, strategic reforms, and attractive coastal developments, the sector is set to reshape Egypt’s global investment appeal. Transformative Growth in Real Estate The real estate sector in Egypt contributed $9.1 billion (7.1%) to the GDP in the first half of the 2022/2023 fiscal year, with projections by Statista estimating its value to reach $1.46 trillion by 2024. This rapid growth has attracted $115 billion in investments from GCC nations in 2023 alone, reflecting a surge of confidence in Egypt's infrastructure and real estate initiatives. Key Drivers of GCC Investments - Cultural and Geographic Connections: Egypt shares strong cultural, linguistic, and geographic ties with GCC countries, creating a natural synergy for investments. - Strategic Reforms: Pro-business policies and liberalized investment regulations have streamlined market entry, boosting investor confidence. - Population Growth: Egypt’s growing population, projected to reach 116 million by 2024, has created a sustained demand for housing and infrastructure. Top Investment Hotspots 1. East Cairo: Home to the New Administrative Capital and the 5th Settlement, this area accounts for 61% of formal real estate transactions, driven by governmental initiatives and robust infrastructure. 2. The North Coast: Known for luxury waterfront properties and high returns, this region is a leader in Egypt's second-home market. 3. New Urban Centers: Mega-projects like New Alamein City are setting benchmarks in urban planning and catering to Egypt’s expanding population. Coastal Cities: The Luxury Frontier Egypt's Mediterranean and Red Sea coastlines are emerging as prime locations for high-net-worth individuals seeking vacation homes. Developments in areas like Ras El Hikma and Marassi Marina have generated significant attention and billions in sales. How Real Estate Shapes Egypt’s Economy - Economic Contribution: Real estate is a cornerstone of Egypt’s economy, contributing significantly to GDP growth. - Inflation Hedge: Property investments provide a reliable hedge against inflation, appealing to both domestic and international buyers. Why Invest in Egypt Now? - Shared cultural connections with GCC nations enhance cross-border investments. - Affordable property prices offer higher returns compared to neighboring markets. - Strategic reforms and infrastructure upgrades ensure a smooth investment process.
Yellow Residence is located in 2nd District, New Cairo. The developer of Yellow Residence is Urbnlanes Development.
The completion date for Yellow Residence is and the finishing for the properties are Fully Finished.
Jaya East is located in El Shorouk City, El Shorouk. The developer of Jaya East is Egyptian Developers.
The completion date for Jaya East is and the finishing for the properties are Fully Finished.
The starting price of properties in Jaya East is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Jaya East is starting at Ask for price or Ask for price. The number of installments for a property in Jaya East is 16 installments and has a payment plan of 4 years. The monthly payment of a property in Jaya East Ask for price
Rixoz is located in Downtown , New Capital. The developer of Rixoz is Four Season Group.
The completion date for Rixoz is and the finishing for the properties are Fully Finished.
The starting price of properties in Rixoz is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Rixoz is starting at Ask for price or Ask for price. The number of installments for a property in Rixoz is 24 installments and has a payment plan of 6 years. The monthly payment of a property in Rixoz Ask for price
INNO View is located in Downtown , New Capital. The developer of INNO View is NCB Development.
The completion date for INNO View is and the finishing for the properties are Fully Finished.
The starting price of properties in INNO View is Ask for price with a price per sqm of Ask for price. The downpayment for a property in INNO View is starting at Ask for price or Ask for price. The number of installments for a property in INNO View is 36 installments and has a payment plan of 9 years. The monthly payment of a property in INNO View Ask for price
Evira Mall is located in Downtown , New Capital. The developer of Evira Mall is Four Season Group.
The completion date for Evira Mall is and the finishing for the properties are Fully Finished.
The starting price of properties in Evira Mall is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Evira Mall is starting at Ask for price or Ask for price. The number of installments for a property in Evira Mall is 24 installments and has a payment plan of 6 years. The monthly payment of a property in Evira Mall Ask for price
Mardev Plaza is located in R8, New Capital. The developer of Mardev Plaza is Mardev Developments.
The completion date for Mardev Plaza is and the finishing for the properties are Fully Finished.
The starting price of properties in Mardev Plaza is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Mardev Plaza is starting at Ask for price or Ask for price. The number of installments for a property in Mardev Plaza is 32 installments and has a payment plan of 8 years. The monthly payment of a property in Mardev Plaza Ask for price