10 reasons motivating the decision to invest in real estate in Egypt

10 reasons motivating the decision to invest in real estate in Egypt

In light of the current economic conditions, real estate investment in Egypt is considered a stimulating and encouraging option for many investors and residents alike. Egypt has a unique strategic location and an active economy, making it an ideal destination for investing in real estate. There are many factors that make real estate investment in Egypt attractive, and in this article we will review the most important reasons for making the decision to invest in real estate in Egypt, in addition to reviewing the ten best new cities suitable for investment and housing, and the ten best real estate developers in Egypt.

 

Reasons motivating real estate investment in Egypt

 

  • Population growth and residential demand: Population growth is considered one of the most important factors driving demand for real estate in Egypt. Continuing population growth rates create an increasing need for housing, both for new residents and for an increase in the number of families.

  • Infrastructure development: Egypt is witnessing continuous efforts to develop infrastructure, including roads, transportation, and public facilities, which enhances the attractiveness of real estate in areas that enjoy advanced infrastructure.

  • Stability of the political situation: After a period of political turmoil, Egypt is now witnessing relative stability in the political situation, which enhances confidence in real estate investments and encourages investors to direct their capital towards the real estate market.

  • Increase in tourism: After the gradual improvement in the security situation, Egypt is witnessing an increase in the number of tourists coming to the country, which drives the demand for real estate in tourist areas, whether for housing or for investment in the hospitality and hotels sector.

  • Encouraging government policies: The Egyptian government is working to simplify procedures and improve the investment environment, and implement encouraging policies such as providing tax facilities and financial incentives to investors in the real estate sector.

  • Diversity of real estate: Egypt provides a variety of properties at different prices that suit different needs and budgets, which attracts investors from different categories.

  • Technology and innovation: The use of technology and innovation contributes to improving construction, real estate marketing and property management processes, making investment in real estate more attractive and effective.

  • Tourism development: Tourism is considered a vital sector in the Egyptian economy, and tourist areas enjoy a high demand for real estate, whether for permanent housing or for investment in the hotel and hospitality sector.

  • Urban development: Many cities and regions in Egypt are witnessing large urban development projects, which opens new horizons for real estate investments and attracts investors.

  • Strategic location: Egypt's strategic location is of great importance, as it is considered a gateway for trade between the continents of Africa and Asia, making it an ideal destination for investing in real estate.

Do you have a request for any housing or investment unit in the new cities?! Get an offer

 

New Egyptian cities are cities that were established in many different governorates of Egypt in the last three decades, and that were established under the supervision, implementation, and management of the New Urban Communities Authority. We find that the planning and implementation of the establishment of these cities was carried out using the latest and most efficient planning systems, and taking into account their establishment away from the strip. Narrow spaces and places where a large percentage of population density is concentrated, in order to limit urban sprawl on agricultural lands. New cities in Egypt are divided into 4 generations, of which up to 23 cities have been established so far.

 

The goal of establishing new cities in Egypt

  • Reducing urban sprawl on agricultural land
  • The spread of urbanization into the desert and vegetated areas
  • Creating new cultural centers to achieve social stability and economic prosperity
  • Redistributing the population in a way that ensures distance from densely populated areas
  • Establishing new attractions outside existing cities and villages
  • Creating job opportunities for young people and providing a suitable environment for stability

 

The top 10 new cities suitable for investment and housing:

  • New Administrative Capital
  • New Cairo
  • 6 October
  • Future City
  • sheikh Zayed
  • Alamein
  • Ain Sokhna
  • North Coast
  • Sunrise
  • New Mansoura

 

 

 

The top 10 real estate developers in Egypt:

 

Talaat Mostafa Real Estate Development Company

 

Palm Hills Real Estate Development Company

 

Nasr City Housing and Development Company

 

City Edge Real Estate Development Company

 

Emaar Properties Company

 

Oriental Weavers Company

 

Hassan Allam Real Estate Development Company

 

Egypt Development Company

 

Mountain View Real Estate Development Company

 

Heliopolis Urban Development Company

 

Egypt is considered an interesting real estate investment destination thanks to its economic development, the diversity of available properties, and ongoing efforts to develop infrastructure. With many new cities suitable for investment and housing, and the presence of professional real estate developers, the real estate market in Egypt offers exciting opportunities for local and international investors alike.

 

The opportunity to invest in new cities under construction also gives you the opportunity to own your unit, whether for housing or investment, at the best price and the longest payment period with various payment plans to choose the most appropriate for each client. We find that real estate companies are in a continuous competitive phase to provide the best unit in the best location with payment plans that suit all customers. Requirements and categories

 

We find that real estate investment in new cities after the completion of their construction is an opportunity that may be difficult for many groups to increase their prices, and many projects are limited to cash payment systems only, so most investors tend to quickly make a purchase decision at the current time to reduce the amount of risk that currently exists as a result of the increase Prices are constantly set to maximize investment at the lowest price available at the current time, which ensures the longest available repayment period. The buyer guarantees price stability once contracting, no matter how much inflation or property prices increase in the Egyptian market.

 

If you are an investor or looking for a housing and investment opportunity in one of the new cities that was offered at the lowest price and the longest payment period, we offer you the Aqar Plan website, a real estate marketing platform specialized in all new city projects. Contact us to find out the best offers available.