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Global Properties offers 1880 property options for sale in Egypt from trustworthy real estate agencies and directly from developers.
Whether you want to buy or sell property in Cairo or any other city, you can use the user-friendly search form, advanced filters, sorting, and map search. Additionally, at the bottom of the page, you will find quick links for frequently used combinations of filters, such as 'by the sea' or 'on the first line', to facilitate easy selection.
To view prices conveniently, there is a currency converter available on the site, enabling you to see the cost of properties in Egypt in dollars, euros or the national currency.
Citizens of foreign countries can purchase property and register ownership in most cities. The exception to this is in resort areas on the Sinai Peninsula, like Sharm el-Sheikh. In these locations, foreigners can only lease residential and commercial property for a long-term period, known as a leasehold. Foreign nationals can lease a property for up to 99 years and during that time, they have the right to manage it as they wish, including selling, passing it on as an inheritance or subletting.
- Minimum cost of property in Egypt: USD 11766
- Highest property prices in Egypt: close to USD 109 million
- Minimum area: 37 m²
- Largest area: 8,400 m²
The purchase of real estate valued at over USD 50,000 allows you to obtain one-year residence permit. Investments of USD 100,000 and USD 200,000 will grant the owner a visa for three and five years, respectively. The renewal of this residence permit is possible an unlimited number of times.
To obtain citizenship, you must buy real estate for sale in Egypt for an amount of USD 300,000 or more. Both residential and commercial properties are eligible for the programme.
The most popular holiday and investment destinations are Cairo, New Cairo, Sharm el-Sheikh and Hurghada. It's easy to rent or sell accommodation here. Cairo is the capital, cultural and historical centre of the country with many sights, museums and architectural monuments, as well as wide business and career prospects. Property in New Cairo, a modern neighbourhood in the eastern part of the city, is characterised by comfortable living, developed infrastructure and extensive business opportunities. Hurghada is a famous resort on the Red Sea coast, where you can practise water sports. Sharm el-Sheikh is a developed tourist destination for all-inclusive family holidays.
Villas, apartments and penthouses are all a popular choice when relocating. Many villas in Egypt offer a premium lifestyle with a private pool and garden and beautiful sea views. Apartments in new complexes feature public amenities such as lounges, swimming pools, a fitness centre or spa. Some penthouses and flats in Egypt have private access to the sea.
There are several factors contributing to the growing popularity of purchasing investment real estate in Egypt:
- The opportunity to recover the investment by renting out the property.
- Stable growth in property prices.
- Year-round tourist season.
- Warm climate — more than 300 days of sunshine a year and an average temperature of +29 °C.
- Beautiful views and beaches with azure water.
Egypt's property rental market is active, especially in tourist areas. Rates can vary depending on the location and type of accommodation. It is usually 0.5–1.5 percent of the value of the property per month. For example, if a flat costs USD 100,000, the rent can be in the range of USD 500 to USD 1,500 per month. In resort and business districts, prices may be more expensive due to the high demand from tourists and entrepreneurs.
Property in Egypt
The offering for properties in Egypt for investment is diverse, ranging from luxury villas on the Red Sea coast to modern flats in Cairo and Alexandria. Buyers can choose from small studios and one-bedroom apartments, which are particularly popular with tourists, or invest in premium accommodation such as luxury villas. To make the right choice when purchasing property for investment, potential buyers should do their due diligence, taking into account factors such as the location of the property, the legal integrity of the documents and the reputation of the developer (when investing in new-builds). Working with a reputable agency or legal advisor will facilitate the purchase process by ensuring compliance with the law.
Reasons for investing in property in Egypt
Investing in Egyptian houses and flats has a host of benefits, including potential growth in value and rental yields. The main reasons to invest in the country are:
- Market growth. The market is booming, with experts estimating that the country's housing sector will grow from USD 20.02 bn to USD 33.67 bn between 2024 and 2029, an annual rate of 10.96%. This growth is driven by an increasing demand for housing, especially in the capital city.
- A wide range of property options. Egypt offers a wide range of investment opportunities, from luxury beach properties to modern urban flats. The market caters to the different needs and budgets of investors. Property developers are launching new projects that meet modern construction standards. In Cairo alone, some 23,000 housing units will be built in 2023, an increase of 27.8% over the previous year.
- Rental yields. The average rental yield in the country as of Q1 2024 is 5.9% per annum but can be as high as 13% in certain locations.
- Government initiatives. Measures aimed at encouraging foreign investment include residency programmes for property purchases, simplification of the property registration process and tax incentives.
- Strategic location. The country's favourable location between the two seas, the Red Sea and the Mediterranean, combined with its rich cultural heritage and tourist attractions increases the investment attractiveness of the market.
Market growth, a high volume of projects, high rental yields, various investment opportunities, effective government initiatives and strategic location all make investing in the country a good option for those seeking capital preservation and a stable passive income.
Buying real estate in Egypt
Investing in apartments in Egypt is becoming more and more affordable, thanks in large part to the development of digital platforms. Our aggregator, with its intuitive interface and flexible filter system, makes finding the perfect property easy and hassle-free. Whether it's a luxury villa in Hurghada or a modern housing in the capital, the online platform guarantees a wide range of offers. Browse through the catalogue and choose the option that best suits your needs.