Egypt's economy has been boosted by the real estate market, and the government has played a significant role in shaping it through policies and regulations. One way the government has influenced the market is through new city projects, like the New Administrative Capital, New Alamein, and New Mansoura. These projects provide new housing options and attract investments, with the government offering incentives to investors, such as tax breaks, subsidies and streamlined regulations. This has led to increased growth in the real estate market. Another policy that has impacted the market is the mortgage finance initiative, launched in 2001 to promote homeownership and increase access to affordable housing. The initiative provides long-term mortgages at subsidized interest rates and extended repayment periods helping more Egyptians own their homes and positively impacting the real estate market. The government has also implemented policies to regulate the real estate market and protect consumers. A new real estate regulation law passed in 2015 has improved transparency, combated corruption and protected consumers requiring developers to disclose all information about their projects and establishing a dispute resolution mechanism. In addition, policies have been introduced to encourage the development of affordable housing, including the "1 Million Housing Units" initiative in 2018. This initiative provides subsidies and tax breaks to developers who build affordable housing units addressing the housing shortage and improving the living conditions of low-income households. However, challenges remain, such as limited access to land for development and the affordability of housing. Despite the government's efforts, many Egyptians still cannot afford to own their homes, particularly low-income households with limited options in the housing market.
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
La Vista City is located in P2, New Capital. The developer of La Vista City is La Vista Developments.
The completion date for La Vista City is and the finishing for the properties are Fully Finished.
The starting price of properties in La Vista City is 15,680,000 EGP with a price per sqm of 68,150 EGP. The downpayment for a property in La Vista City is starting at 15% or 2,352,000 EGP. The number of installments for a property in La Vista City is 28 installments and has a payment plan of 7 years. The monthly payment of a property in La Vista City 186,667 EGP
Serrano is located in R7, New Capital. The developer of Serrano is New Plan Developments.
The completion date for Serrano is and the finishing for the properties are Fully Finished.
The starting price of properties in Serrano is 4,392,000 EGP with a price per sqm of 25,857 EGP. The downpayment for a property in Serrano is starting at 15% or 658,800 EGP. The number of installments for a property in Serrano is 24 installments and has a payment plan of 6 years. The monthly payment of a property in Serrano 61,000 EGP
Castle Landmark is located in R7, New Capital. The developer of Castle Landmark is Castle Development.
The completion date for Castle Landmark is and the finishing for the properties are Fully Finished.
The starting price of properties in Castle Landmark is 2,321,400 EGP with a price per sqm of 15,685 EGP. The downpayment for a property in Castle Landmark is starting at 7% or 162,498 EGP. The number of installments for a property in Castle Landmark is 28 installments and has a payment plan of 7 years. The monthly payment of a property in Castle Landmark 27,636 EGP
Rivan is located in R7, New Capital. The developer of Rivan is Altameer Arabian.
The completion date for Rivan is and the finishing for the properties are Fully Finished.
The starting price of properties in Rivan is 4,711,002 EGP with a price per sqm of 22,951 EGP. The downpayment for a property in Rivan is starting at 25% or 1,177,751 EGP. The number of installments for a property in Rivan is 40 installments and has a payment plan of 10 years. The monthly payment of a property in Rivan 39,258 EGP
Sea View is located in Dabaa, North Coast. The developer of Sea View is JDAR Develoments.
The completion date for Sea View is and the finishing for the properties are Fully Finished.
The starting price of properties in Sea View is 3,150,000 EGP with a price per sqm of 38,800 EGP. The downpayment for a property in Sea View is starting at 10% or 315,000 EGP. The number of installments for a property in Sea View is 40 installments and has a payment plan of 10 years. The monthly payment of a property in Sea View 26,250 EGP