Property for sale in Egypt

1/ Capital: Cairo

Is the capital and largest city of Egypt. It is the Arab World's and Africa's second most populous city. While Al-Qahirah is the official name of the city, in Egyptian Arabic it is called by the dialect's name for the country, transliteration: Masr. Within Egypt, residents of Cairo are called Masraweya rather than Masri.

2/ Country: Egypt

Is a country in North Africa, with the Sinai Peninsula forming a land bridge to Western Asia. Covering an area of about 1,001,450 square kilometers (386,660 sq mi), Egypt borders the Mediterranean Sea to the north, the Gaza Strip and Israel to the northeast, the Red Sea to the east, Sudan to the south and Libya to the west.

3/ Property for sale in Egypt

Interest in the investment property market in Egypt is beginning to awaken as the wider world becomes aware of the incredible investment opportunities and incentives available for investors in Egypt.

The key factors attracting overseas investor interest include Egypt’s fast growing tourism sector, the fact that the government is continuing to commit to legislative initiatives designed to enhance the investment climate and the fact that property prices in Egypt remain low and affordable whilst demand for quality property for sale and short term let is increasing.

As a foreign investor you have the right to own real estate and land in Egypt, but unfortunately the property registry in Egypt is out of date, incomplete and many believe only 10% of properties in Egypt are actually registered - naturally this creates a problem for the property investor

The majority of real estate investment is focused on the main cities and resort areas in Egypt and these are well geared up to the international property market. In Egypt’s main cities like Cairo and Alexandria overseas property investors are again seeking to profit from rental returns, and with the creation of brand new luxury residential property districts like Cairo Heights, international interest is increasing.

Overall the future prospects for the property market in Egypt are positive. Egypt is a politically stable country and one currently enjoying the best relationships with many of the world’s most influential economies that it has ever enjoyed

The Egyptian government is committed to attracting foreign investment into many sectors including the real estate sector therefore the path is being eased for investors all the time.

Overseas real estate investors are aware that the growth in the purchasing power of the domestic market is fantastic for the long term profitability of all investments in Egypt’s property sector.