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The Global Properties website features over 60 apartments and flats in Egypt, sourced from reliable real estate agencies and directly from developers.
To purchase a property on the secondary or primary market, use the convenient search form, advanced filters and sorting options. Don't forget to evaluate the selected location on the map.
For easy selection, there are ‘quick links’ at the bottom of the page, which are the most frequent combinations of filters, such as ‘by the sea’ or ‘on the 1st line’.
For convenient viewing of villas in Egypt, the site is equipped with a converter, ensuring prices can be viewed in dollars, euros or the national currency.
- Minimum cost of an apartment in Egypt: USD 20,700
- Highest apartment prices in Egypt: USD 14.4 million
- Minimum area: 30 m²
- Maximum area: 600 m²
Foreigners can obtain a local residence permit by purchasing an apartment in Egypt. The minimum housing cost under this programme is USD 50,000. Investments for this amount or higher will enable you to obtain a residence permit for one year. For investments of USD 100,000 and USD 200,000, homeowners can obtain residency status for three years and five years, respectively. The residence permit can be renewed an unlimited number of times.
To obtain citizenship, you need to buy a flat in Egypt for USD 300,000 or more. Such an investment can serve as a guarantee of your intention to stay in the country and become a citizen.
Apartments for sale in Egypt
This hot country, with its majestic heritage and culture, is not only a popular tourist destination but also an attractive area for investment.
The market variation is impressive, encompassing luxury villas on the Red Sea coast, stylish residences in bustling metropolises like Cairo and Alexandria and small functional studios in the resort areas of Hurghada. Additionally, there also several penthouses and duplexes available for those looking to buy an apartment in Egypt.
Units with one or more bedroom flats are popular for relocation. Numerous residential developments offer a premium lifestyle in gated communities, featuring thoughtfully designed residence layouts with large rooms, leisure facilities with pools and gardens and stunning sea views. These facilities often include public spaces and functional spaces within the buildings, such as fitness centres, spas and conference rooms. Some penthouses and flats have an extended set of options and resort infrastructure, including sports grounds and even private access to the sea.
The local market remains active all year round, particularly in tourist areas. Rates can vary depending on the specific location and type of accommodation. Typically, rents range from 0.5% to 1.5% of the property's value per month. For example, if a property costs USD 100,000, it can be rented for USD 500–USD 1,500 per month. The average rate of return across the country is 5.9% per annum. However, if you invest in new buildings in popular areas, you can achieve a higher return.
Reasons for investing in an apartment in Egypt
Foreigners can purchase apartments and register ownership in most Egyptian cities. The exception is the resort areas on the Sinai Peninsula, where purchase is available only through the long-term leasehold system. Foreign citizens can obtain ownership of such property for up to 99 years, during which they can manage it as they see fit, including selling, inheriting or subletting.
Investing in Egyptian housing offers numerous benefits, including the potential for long-term appreciation and generating rental income.
Here are the key reasons in favour of buying property locally:
- Positive economic trends: Forecasts indicate that the local housing market is poised to reach a volume of USD 33.67 billion by 2029, with an expected growth rate of 10.96% between 2024 and 2029;
- Diversity of offerings: Simultaneously, the market continues to introduce new and modern projects;
- High stakes: As of the first quarter of 2024, the average gross rental yield is 5.9%, highlighting the strong return on investment;
- Government support: Initiatives to encourage foreign investment, including simplified property registration procedures and tax incentives, make market entry more accessible;
- Strategic location: The country's geographical location between Africa and the Middle East, along with its rich cultural heritage and tourist attractions, enhances its appeal to potential investors;
- Rapidly improving quality of life: Projects to create new urban communities and improve infrastructure are fuelling interest from more investors.
The combination of these factors, along with affordable prices, makes investing in Egyptian property a justifiable solution for those seeking a relatively stable source of passive income.
Buying an apartment in Egypt
Our website is a leading aggregator, offering an intuitive interface that makes it easy to find the perfect apartments in Egypt for investment or as a place to live. The platform guarantees the widest range of offers for property in Egypt.
Explore our list of thousands of options and choose the one that best matches your housing preferences and investment strategy.