Property or Location in Egypt

Why Egypt's Real Estate Market is Resilient in the Face of Economic Challenges

Egypt's real estate market has demonstrated resilience in the face of economic challenges for several reasons: - Population growth and urbanization: Egypt has a rapidly growing population which leads to increased demand for housing and infrastructure. Urbanization is also driving the need for commercial spaces, retail centers and office buildings. This steady demand helps sustain the real estate market even during economic downturns. - Government investment in infrastructure: The Egyptian government has been investing in major infrastructure projects such as transportation networks, utilities and urban development. These initiatives contribute to the growth and development of the real estate sector which attracts both local and foreign investors. - Affordable housing initiatives: The government has implemented various affordable housing programs to address the housing needs of low and middle-income citizens. These initiatives aim to provide accessible housing options and stimulate the real estate market, even during challenging economic times. - Foreign direct investment: Egypt has been successful in attracting foreign direct investment (FDI) in the real estate sector. The government has implemented policies and regulations to facilitate and encourage foreign investment including the establishment of free zones and offering incentives to investors. FDI provides stability and contributes to the market's resilience. - Tourism and investment opportunities: Egypt's tourism sector plays a significant role in supporting the real estate market. The country's historical sites, cultural attractions and beach resorts continue to attract tourists and investors. The revenue generated from tourism fuels the demand for hotels, vacation homes, and commercial properties. - Diversification of the real estate market: The real estate market in Egypt has diversified to include various segments such as residential, commercial, retail and industrial properties. This diversification helps mitigate risks during economic challenges. For example, while the residential market may experience a slowdown, the commercial or industrial sectors may remain stable or vice versa. - Local demand and cash purchases: A significant portion of real estate transactions in Egypt involves cash purchases, reducing reliance on mortgage financing. This local demand, coupled with a cash-based market, provides a level of stability and resilience to the real estate sector, even in times of economic uncertainty. - Government policies and incentives: The Egyptian government has implemented policies and provided incentives to stimulate the real estate market. These include tax incentives, streamlined procedures for construction permits and regulations to protect investors' rights. Such measures contribute to market stability and encourage investment.

Pay Over
7.5 Years
Down Payment
7%
Completion
2024 Q3

Kattameya Gate

New Cairo | Memaar El Morshedy


Apartment
Pay Over
8 Years
Down Payment
25%
Completion
2026 Q1

Owagik Towers

New Capital | Owagik Development


Office Space, Shop, Clinic, Food & Beverage
Pay Over
8 Years
Down Payment
10%
Completion
2024 Q2

Agile Business Complex

New Capital | Radix Real Estate


Office Space, Shop
Pay Over
5 Years
Down Payment
5%
Completion
2022 Q4

Kinetic

Cairo Alex Desert Rd. | Smart Village


Office Space
Pay Over
0.5 Years
Down Payment
50%
Completion
2022 Q4

ARC Business Park

Cairo Alex Desert Rd. | SVREICO


Office Space

LINX Business Park

Cairo Alex Desert Rd. | SVREICO


Office Space

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 Owagik Towers, New Capital

Owagik Towers is located in Downtown , New Capital. The developer of Owagik Towers is Owagik Development.

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

Owagik Towers, New Capital prices

The starting price of properties in Owagik Towers is 1,560,000 EGP with a price per sqm of 40,000 EGP. The downpayment for a property in Owagik Towers is starting at 25% or 390,000 EGP. The number of installments for a property in Owagik Towers is 32 installments and has a payment plan of 8 years. The monthly payment of a property in Owagik Towers 16,250 EGP

About Agile Business Complex, New Capital

Agile Business Complex is located in Downtown , New Capital. The developer of Agile Business Complex is Radix Real Estate.

The completion date for Agile Business Complex is and the finishing for the properties are Fully Finished.

Agile Business Complex, New Capital prices

The starting price of properties in Agile Business Complex is 1,680,000 EGP with a price per sqm of 48,000 EGP. The downpayment for a property in Agile Business Complex is starting at 10% or 168,000 EGP. The number of installments for a property in Agile Business Complex is 32 installments and has a payment plan of 8 years. The monthly payment of a property in Agile Business Complex 17,500 EGP

About Kinetic, Cairo Alex Desert Rd.

Kinetic is located in Smart Village, Cairo Alex Desert Rd.. The developer of Kinetic is Smart Village.

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

Kinetic, Cairo Alex Desert Rd. prices

The starting price of properties in Kinetic is 3,250,000 EGP with a price per sqm of 65,000 EGP. The downpayment for a property in Kinetic is starting at 5% or 162,500 EGP. The number of installments for a property in Kinetic is 20 installments and has a payment plan of 5 years. The monthly payment of a property in Kinetic 54,167 EGP

About ARC Business Park, Cairo Alex Desert Rd.

ARC Business Park is located in Smart Village, Cairo Alex Desert Rd.. The developer of ARC Business Park is SVREICO.

The completion date for ARC Business Park is and the finishing for the properties are Fully Finished.

ARC Business Park, Cairo Alex Desert Rd. prices

The starting price of properties in ARC Business Park is 4,320,000 EGP with a price per sqm of 60,000 EGP. The downpayment for a property in ARC Business Park is starting at 50% or 2,160,000 EGP. The number of installments for a property in ARC Business Park is 2 installments and has a payment plan of 0.5 years. The monthly payment of a property in ARC Business Park 720,000 EGP

About LINX Business Park, Cairo Alex Desert Rd.

LINX Business Park is located in Smart Village, Cairo Alex Desert Rd.. The developer of LINX Business Park is SVREICO.

The completion date for LINX Business Park is and the finishing for the properties are Fully Finished.

LINX Business Park, Cairo Alex Desert Rd. prices

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
Owagik Towers New Capital Owagik Development Office Space, Shop, Clinic, Food & Beverage Retail, Administrative, Medical Downtown 2026 Q1 Fully Finished
Agile Business Complex New Capital Radix Real Estate Office Space, Shop Retail, Administrative Downtown 2024 Q2 Fully Finished
Kinetic Cairo Alex Desert Rd. Smart Village Office Space Residential Smart Village 2022 Q4 Fully Finished
ARC Business Park Cairo Alex Desert Rd. SVREICO Office Space Administrative Smart Village 2022 Q4 Fully Finished
LINX Business Park Cairo Alex Desert Rd. SVREICO Office Space Administrative Smart Village 2022 Q4 Fully Finished

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