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The Global Properties website features over 5 apartments and flats in Cairo, both in new buildings and on the secondary market, sourced from reliable agencies and directly from developers. Explore the catalogue by filtering the offers per your preferred parameters, review the descriptions and prices of the apartment for sale in Cairo that you prefer and then contact the seller directly using the contact information provided in the ad.
- Minimum price for an apartment in Cairo, Egypt: USD 45000
- Maximum cost of an apartment in Cairo: USD 1.7 million
- Minimum size object: 90 m²
- Largest size object: 461 m²
An investor can obtain an Egyptian residence permit by purchasing a property. An investment of USD 50,000 provides the opportunity to obtain a residence permit for one year. For investments of USD 100,000 and USD 200,000, a residence permit is issued for three and five years, respectively. Residency status can be extended an unlimited number of times at the request of the holder.
Apartments for sale in Cairo
Egypt's capital city plays a key role in the country’s cultural, political and economic life, making it a desirable investment destination. Combining a rich historical heritage with modern architecture, the city offers a wide range of residential properties, from exclusive flats overlooking the Nile River to secluded flats in tranquil neighbourhoods.
Some of the most popular areas for investment include Garden City, Nasr City and Heliopolis. Garden City attracts investors with its luxury and greenery, famous for its magnificent mansions, embassies and cosy streets, making it one of the most prestigious areas of the capital. Nasr City, situated to the east of the centre, is a vibrant area with an extensive selection of apartments, shopping malls and entertainment options, driving rental demand from locals and foreigners alike. Heliopolis, renowned for its historic atmosphere and early 20th-century architecture, offers elegant spaces with luxury residences and historic buildings.
Purchasing apartments in Cairo for investment not only provides an opportunity to diversify your portfolio but also promises high returns. The city is at the centre of ambitious economic reforms, with the government regularly launching infrastructure projects to improve the transport network and quality of life. Additionally, Egypt's capital serves as the region's leading educational and medical hub, further enhancing its attractiveness to investors.
An established legal framework that protects investments and a transparent procedure for foreigners to purchase housing, along with adequate apartment prices in Cairo, make local properties particularly sought-after. However, for successful investments in property in Egypt, it’s important to understand the laws of the country and have a clear idea of the liquidity of apartments based on the chosen strategy.
Reasons for investing in an apartment in Cairo
The variety of offers and affordable housing costs are key reasons why investors choose this destination for property investment. Additionally, there are other attractive factors:
- Growth of tourism: In the first 10 months of 2023 alone, the country recorded around 13.9 million tourists, a 36 % increase over the same period of the previous year. This surge has a direct positive impact on the demand for rental accommodation, especially in areas popular with holidaymakers.
- High volume of investment: The city attracted 58% of Egypt's total property investment in 2023, highlighting its significant potential.
- Increasing number of projects: The market consistently offers over 1,000 properties in the apartment category, including numerous options in residential complexes under construction, indicating a vibrant development sector.
- High stakes: The average gross rental yield in Egypt was recorded at 5.9% as of Q1 2024. In the capital city, even higher rates can be expected due to abundant opportunities and developed infrastructure.
- Government support: The Egyptian government is actively investing in the development of the capital city, emphasising its key role in the country's economic and infrastructure strategies. This support creates a favourable environment for investment.
Combined, these factors offer investors in apartments in Egypt a combination of high rental returns and potential long-term asset appreciation.
Buying an apartment in Cairo
The local market of real estate in Egypt is a complex one. Understanding its complexities, along with the diverse investment opportunities and demand patterns, is crucial. This is where our aggregator plays a pivotal role, offering the largest catalogue of listings that cater to various preferences and investment goals. For anyone seeking villas in Egypt, our platform simplifies the search process and helps you find the ideal property.
The intuitive interface and advanced search filters enable users to set their criteria, ranging from location and property type to budget and amenities. Our catalogue features detailed descriptions of properties, high-quality photos and up-to-date seller contacts. Just try it and see how easy it is to buy a flat in Cairo.