RU
DE
FR
ES
PT
AR
Buying properties in Al Hay Al Asher, Egypt, as a foreigner is streamlined through platforms like Global Properties, which provides comprehensive guidance and over 2,000 listings. To start, users must register on the website, providing necessary personal and financial details. After registration, buyers can utilise the advanced search features to filter properties based on their preferences regarding location, size and price. The platform offers end-to-end assistance, from virtually viewing real estate for sale in Al Hay Al Asher to navigating the legalities of purchasing it as a foreign national.
- The average selling property prices in Al Hay Al Asher: USD 31,614.
- The minimum cost of property in Al Hay Al Asher: USD 12,224.
- The most expensive unit: USD 8,580,476.
- The minimum floor area: 120 square metres.
- The maximum floor area: 810 square metres.
By buying property in Egypt, investors can become permanent residents. Obtaining an object worth USD 50,000 or more will enable them to obtain a 1-year residence permit in Egypt. Investments of USD 100,000 and 200 thousand will grant investors the 3-year and 5-year status, respectively.
Property in Al Hay Al Asher
The neighbourhood is distinguished by its blend of residential options, ranging from modern apartments in high-rise buildings to serene, gated communities offering villas and townhouses. The district is characterised by its strategic location, quality of construction and integration of green spaces, making it a desirable location for both living and investment.
The district boasts prestigious neighbourhoods, panoramic views of Cairo and premises that are already finished and decorated inside, making it highly sought-after among both buyers and renters.
The range of properties available here includes townhouses, villas and apartments in Egypt, among others, with several developments providing modern living spaces that blend luxury with functionality. Notable developments illustrate the diversity of options, from spacious 3-bedroom apartments to more compact 2-bedroom units. These properties not only boast cosy places to live but also come with features like lifts, water ponds, spacious patios, ample porches and parking lots, enhancing the quality of life for residents.
Its strategic location within Cairo ensures that residents have access to a broad spectrum of facilities and services. The neighbourhood boasts outdoor features like walking routes, green zones, water playgrounds, comfortable parking and fitness centres, along with essential services such as amazing malls, quality kindergartens, majestic mosques and modern pharmacies. This blend of amenities, coupled with the area's transport accessibility, makes this community an attractive destination for families, professionals and investors.
Reasons for investing in a property in Al Hay Al Asher
Key investing highlights:
- Part of Cairo's dynamic real estate market, offering a mix of residential and business properties in Al Hay Al Asher for investment;
- Benefits from the broader Cairo market's growth and demand.
The capital's real estate scene:
- Potential profitability amid the city's growing population;
- Expected population surge to 38 million by 2050, enhancing the sector's long-term investment appeal;
- Offers diverse housing options, including new, move-in-ready units and under-construction projects;
- Amenities cater to renters and buyers, attracting tourists and expatriates;
- New developments arise in popular areas with modern amenities including New Cairo.
Investment Opportunities:
- Investment isn't limited to residential spaces but also spans commercial properties;
- The average rate of investment returns in Cairo is around 5% per annum;
- The area's location within Cairo and ongoing demand suggest similar ROI potential.
Investors’ Considerations:
- The expected population growth and development of new projects present capital appreciation opportunities;
- Investors are advised to perform careful due diligence and consider economic conditions and market trends to arrive at informed decisions.
Buying real estate in Al Hay Al Asher
The local residential scene is a vibrant segment of Egypt's broader housing landscape, offering diverse opportunities for investment in residency. With the Egyptian private real estate market expected to grow significantly, reaching a value of over USD 20 billion in 2024 and projected to reach 33.67 billion US dollars by 2029, the neighbourhood stands out as a promising area for potential investors and homebuyers.
The area is characterised by a variety of housing options, encompassing both new developments and secondary market offerings, ranging from apartments and villas in Egypt to townhouses and bungalows. The area has seen a range of accommodation sizes and configurations, accommodating a palette of tastes and requirements.
Moreover, the Egyptian housing arena is distinguished by its competitive landscape, featuring major players indicating a well-established market with opportunities for sustainable investment.
Those considering investing in the community should take note of the growth in luxury housing and the attraction of local residences to both domestic and international buyers. The market's affordability, coupled with Egypt's year-round season, low living costs and significant state investment in infrastructure, positions the area as a strategic choice to acquire investment real estate in Al Hay Al Asher.
On our platform, you have access to an extensive selection of over 2,000 listings, sourced directly from top developers and trustworthy agencies. Simplify your search with user-friendly features like advanced filtering, a currency converter, immediate access to sales representatives, multilingual support and real-time price notifications. Our comprehensive database is meticulously maintained through both manual and automatic updates, aggregating listings from a variety of developer and agency sites to ensure you find the perfect property for sale in Al Hay Al Asher without having to look elsewhere.