In the past few years, Egyptians have been wondering about the future of the real estate sector, whether it is going through an austerity phase that will eventually lead to its demise or whether it continues to flourish in response to real demands, and therefore, the question is whether Egypt’s real estate is suitable for investment or not.

Egypt Real Estate

With the increase in new cities in Egypt, namely Cairo real estate, 6th of October real estate, Alexandria real estate, Red Sea real estate, and Ain Sokhna real estate, it is no wonder that city dwellers often struggle with housing options, the latter is not only a necessity for “survival” to start families, but it is necessary in terms of considering work and transportation options..etc.

Investing in residential units in Egypt

It is also not uncommon to consider Egypt’s real estate online, in terms of buying, owning, managing, renting and selling only, but also with the aim of increasing one’s income, which is the main goal of any investment, specifically in Egypt, and among the many benefits of investing in real estate are providing cash flow for retirement, securing income, providing an alternative residence option and ensuring that the value of your property increases over time for a longer period.

Given the recent economic conditions in the country, we find that Egypt is suffering from a high inflation rate that has made people have no choice but to convert their life savings into foreign currencies or real estate assets, and since it is very difficult to obtain foreign currencies without restrictions, real estate has proven to be the easiest and most feasible option for investment, specifically in the Egypt Real Estate Exhibition.

Real Estate Projects in Egypt

Another point to consider is that Egyptian real estate for sale is in a state of continuous development to respond to the ever-changing public needs, this can be indicated in particular through the countless billboards that have been advertised and hung on the roads of Greater Cairo to attract investors and buyers, moreover, analysts and investors have noticed a huge increase in the number of newly launched projects over the past two years, especially in the emerging cities of Mostakbal City, the New Administrative Capital, New Cairo, and here are some of these cities.

Egypt Real Estate

A number of new gated community projects have already been delivered to the public, including: Porto New Cairo, Green Waves, Grand Heights, and Mivida, bringing the total supply to 154,000 units, and another 3,000 units should enter the market by the end of the year, as these mainly cater to residents who are hoping to escape the hustle and bustle of Cairo, and opt for wider housing options and cleaner environments.

There is also Misr Italia, which has decided to launch the Diplomatic District, a state-of-the-art project spanning 110 acres, following the great success of Il Bosco in the New Capital. The project includes a range of villas, apartments, and branded serviced apartments for those who want to engage in more affordable options, so Egyptian Real Estate is a strong investment sector that we recommend exploiting.

Egypt Real Estate

The types of real estate in Egypt vary according to the characteristics and features that surround and exist in the surrounding area. Egypt is generally distinguished from other countries by its location and climate, as it is located in northeastern Africa and has an Asian part, which is the Sinai Peninsula. It is therefore considered a transcontinental country with an estimated population of 105 million people. It has two coastal lines overlooking the Mediterranean and Red Seas and shares its borders with 7 countries. The country’s area is estimated at about 1,019,600 square kilometers.

Egypt Real Estate

Egypt contains a large number of antiquities from around the world, as it is a country whose history dates back to before the Great Flood, passing through the era of the Pharaohs, Persians, Greeks, Romans and others. Egypt is also famous for its great Nile, which has provided the land with agriculture for more than 10,000 years, in addition to industries, educational and tourism fields. Therefore, Egypt is one of the most attractive countries for individuals, especially in the real estate field, and therefore many are looking for real estate for sale in Egypt.

Real estate for sale in Egypt in Alexandria

For example, we find Alexandria Governorate, which is one of the most famous governorates in Egypt and is called the Bride of the Mediterranean for its beauty and good location. It is one of the oldest governorates in Egypt, as its history dates back to the era of Alexander the Great, i.e. about 300 BC. Alexandria is considered one of the most famous governorates in Egypt, especially in its real estate market, as Alexandria is a residential summer area if it overlooks the entire Mediterranean Sea and is famous for “residential apartments, chalets, villas, shops, shopping centers, recreational, sports and water activities.” It is also characterized by cleanliness, tranquility and a wonderful climate, in addition to the archaeological landmarks spread throughout it. Therefore, there is a lot of searching for real estate for sale in Egypt in Alexandria in order to enjoy all these wonderful features.

Alexandria Real Estate

Apartments for sale in Alexandria are considered one of the most sought-after and attractive types of real estate, as many individuals tend to buy apartments in Alexandria for the purpose of investment and enjoying summer vacations. Alexandria is divided into 9 administrative districts (First Park District – Second Park District – East District – Central District – West District – Customs District – Ajami District – First Ameria District – Second Ameria District), and each district has its own administrative divisions, features and characteristics. Therefore, prices differ in real estate for sale in Egypt in Alexandria due to these factors and the large variety of units from apartments, chalets, villas, lands and shops in Alexandria.

Real estate investment is a great opportunity to achieve profitable returns on your investment, and this is through Karnak projects due to its advantages, the provision of integrated services and facilities, the diversity of real estate units, and the safe and upscale environment. Contact Karnak for a good investment.

Check out the latest residential projects of Karnak Company such as Belva Compound or commercial projects such as Vitali Mall and invest now

Real estate investment is a great opportunity to achieve profitable returns on your investment, and this is through Karnak projects due to its advantages, the provision of integrated services and facilities, the diversity of real estate units, and the safe and upscale environment. Contact Karnak for a good investment.

Check out the latest residential projects of Karnak Company, such as Belva Compound, or commercial projects such as Vitali Mall, and invest now. Contact us and we will work to provide everything you care about.