Property or Location in Egypt

Egypt's Real Estate Sector: Current State and Future Prospects

The current state of Egypt's real estate sector is a complex mix of challenges and opportunities, influenced by various factors that will shape its future prospects. - Market Performance: Over the past few years, Egypt's real estate market has witnessed diverse performance. While certain segments, like affordable housing and commercial properties, have exhibited resilience, growth and others, such as high-end luxury properties, have faced difficulties. Additionally, the COVID-19 pandemic has introduced temporary disruptions and altered buyer preferences, impacting the market. - Government Support: The Egyptian government has undertaken numerous initiatives to bolster the real estate sector. These include legal reforms, tax incentivesand measures to attract foreign investment. Such actions aim to stimulate market activity, foster development and create an attractive investment climate. - Infrastructure Development: Egypt is currently undergoing significant infrastructure development, encompassing the construction of new cities, transportation networks and utility systems. These endeavors not only enhance the quality of life but also present opportunities for real estate investment and development in emerging areas. - Urbanization and Population Growth: Rapid urbanization and population growth in Egypt continue to drive the demand for housing, particularly in urban centers. This presents prospects for real estate developers and investors to address the rising housing needs of a growing population. - Tourism Sector: Egypt's real estate market is intricately linked to the tourism sector, particularly in regions with high tourist activity. The country's rich historical and cultural heritage, along with its picturesque beaches and resorts, attract both domestic and international tourists. As a result, investment prospects arise in vacation properties, hotels, and related hospitality developments. - Sustainable and Green Initiatives: There is a growing emphasis on sustainable and environmentally friendly developments in Egypt's real estate sector. The government actively promotes eco-friendly practices and encourages the adoption of energy-efficient technologies. This aligns with global trends and presents opportunities for developers and investors engaged in sustainable real estate projects. - Challenges and Risks: Despite the promising opportunities, the real estate sector in Egypt also faces challenges and risks. Economic volatility, political instability, and regulatory complexities can significantly influence market dynamics and investor confidence. Moreover, addressing infrastructure deficiencies and expanding financing options are vital areas that require attention for sustainable sectoral growth.

Pay Over
3 Years
Down Payment
10%
Completion
2022 Q3

The Village

New Cairo | Palm Hills Developments


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

The Waterway New Cairo

New Cairo | The Waterway Developments


Penthouse
Pay Over
4 Years
Down Payment
15%
Completion
2023 Q1

Lagoon

North Coast | ARCO Developments


Apartment, Penthouse
Pay Over
8 Years
Down Payment
10%
Completion
2025 Q4

Hacienda West

North Coast | Palm Hills Developments


Villa, Twinhouse, Penthouse, Chalet, Cabin
Pay Over
6 Years
Down Payment
10%
Completion
2026 Q1

Majesty Bay

Sokhna | Lasirena Group


Chalet
Pay Over
3 Years
Down Payment
30%
Completion
2023 Q3

Heaven Hills

Sokhna | Al Borouj Misr


Chalet

About The Village, New Cairo

The Village is located in 5th Settlement, New Cairo. The developer of The Village is Palm Hills Developments.

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

The Village, New Cairo prices

The starting price of properties in The Village is 5,156,900 EGP with a price per sqm of 35,321 EGP. The downpayment for a property in The Village is starting at 10% or 515,690 EGP. The number of installments for a property in The Village is 12 installments and has a payment plan of 3 years. The monthly payment of a property in The Village 143,247 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 Lagoon, North Coast

Lagoon is located in Alamein, North Coast. The developer of Lagoon is ARCO Developments.

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

Lagoon, North Coast prices

The starting price of properties in Lagoon is 1,668,380 EGP with a price per sqm of 17,561 EGP. The downpayment for a property in Lagoon is starting at 15% or 250,257 EGP. The number of installments for a property in Lagoon is 16 installments and has a payment plan of 4 years. The monthly payment of a property in Lagoon 34,758 EGP

About Hacienda West, North Coast

Hacienda West is located in Ras El Hekma, North Coast. The developer of Hacienda West is Palm Hills Developments.

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

Hacienda West, North Coast prices

The starting price of properties in Hacienda West is 6,698,791 EGP with a price per sqm of 59,372 EGP. The downpayment for a property in Hacienda West is starting at 10% or 669,879 EGP. The number of installments for a property in Hacienda West is 32 installments and has a payment plan of 8 years. The monthly payment of a property in Hacienda West 69,779 EGP

About Majesty Bay, Sokhna

Majesty Bay is located in Galala, Sokhna. The developer of Majesty Bay is Lasirena Group.

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

Majesty Bay, Sokhna prices

The starting price of properties in Majesty Bay is 4,270,000 EGP with a price per sqm of 47,444 EGP. The downpayment for a property in Majesty Bay is starting at 10% or 427,000 EGP. The number of installments for a property in Majesty Bay is 24 installments and has a payment plan of 6 years. The monthly payment of a property in Majesty Bay 59,306 EGP

About Heaven Hills, Sokhna

Heaven Hills is located in Zafarana, Sokhna. The developer of Heaven Hills is Al Borouj Misr.

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

Heaven Hills, Sokhna prices

The starting price of properties in Heaven Hills is 1,750,000 EGP with a price per sqm of 35,000 EGP. The downpayment for a property in Heaven Hills is starting at 30% or 525,000 EGP. The number of installments for a property in Heaven Hills is 12 installments and has a payment plan of 3 years. The monthly payment of a property in Heaven Hills 48,611 EGP

Project Community Developer Name Unit Types Project Types Sub Community Completion Date Finishing Bedrooms
The Village New Cairo Palm Hills Developments Apartment Residential 5th Settlement 2022 Q3 Fully Finished
The Waterway New Cairo New Cairo The Waterway Developments Penthouse Residential North Investors 2022 Q4 Fully Finished
Lagoon North Coast ARCO Developments Apartment, Penthouse Residential Alamein 2023 Q1 Fully Finished
Hacienda West North Coast Palm Hills Developments Villa, Twinhouse, Penthouse, Chalet, Cabin Residential Ras El Hekma 2025 Q4 Fully Finished 3
Majesty Bay Sokhna Lasirena Group Chalet Residential Galala 2026 Q1 Fully Finished 2, 3
Heaven Hills Sokhna Al Borouj Misr Chalet Residential Zafarana 2023 Q3 Fully Finished 1

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