Properties for sale in New Cairo

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FAQ
How to buy property in New Cairo as a foreigner on Global Properties?

Explore our catalogue featuring over 11,000 current property listings for sale in New Cairo from authorised agencies and developers. You can filter listings based on your preferences, review property descriptions and directly contact the seller of the apartments you are interested in through phone or private messages.

How much is property in New Cairo?
  • Minimum property prices in New Cairo: close to USD 65,000.
  • Highest cost of property in New Cairo: USD 53 million
What is the floor area of real estate in New Cairo?
  • Minimum area: 13 m²
  • Largest area: 6,000 m²
Which New Cairo neighbourhoods are popular to move to?

The most popular areas to purchase properties in New Cairo, Egypt, are 5th Settlement, Rehab City and Madinaty.

5th Settlement is one of the most prestigious and developed neighbourhoods. Key attractions to take note of here are:

  1. Jameel Mall — a large shopping and entertainment complex with retail stores and restaurants.
  2. Grand Nile Tower — a tall skyscraper with an observation deck offering views of the Nile River and the whole city.
  3. Luxurious residential compounds with landscaped gardens and amenities.

Rehab City is a popular community with numerous green spaces and a peaceful atmosphere. It is home to:

  1. Rehab Mall — a large shopping mall with a variety of retail shops, restaurants and entertainment options.
  2. Wadi Degla Protectorate — a nature reserve featuring hiking trails, rock climbing and other opportunities for outdoor activities.
  3. Residential compounds — Rehab City is home to several gated, upscale residential communities with high-end amenities.
  4. Sports and recreational facilities — the district offers various sports clubs, gyms and leisure facilities for residents.

Madinaty is a neighbourhood designed on the principle of ‘city within a city’. It is characterised by wide roads, large parks and a variety of housing.

How to get an Egyptian residence permit when acquiring real estate in New Cairo?

The purchase of a property worth more than USD 50,000 provides the opportunity to obtain a residence permit for one year. For properties valued at USD 100,000 or more, the permit is for three years, and for properties worth USD 200,000 or more, the permit is for five years. The permit can be extended an unlimited number of times by submitting a corresponding request.

Property in New Cairo

This carefully designed neighbourhood is a great destination for those willing to buy flats and villas in Egypt. It offers a well-designed infrastructure and a wide range of accommodation to suit different needs.

All popular property formats of property in Egypt, available to investors:

  • Studios
  • Apartments with different numbers of bedrooms
  • Duplexes
  • Penthouses
  • Villas and houses
  • Condominiums

The buyer can purchase real estate for sale in New Cairo on the resale market or under construction.

Advantages of housing under construction:

  • Economic benefit — the purchase is made directly from the developer without intermediaries.
  • The possibility of stage-by-stage payment.
  • New buildings are constructed with the use of modern technologies and quality materials.
  • The possibility of choosing the details of the layout and finishing.

Pros of buying on the resale market:

  • Housing can be immediately used to move into or rent out.
  • Possibility to inspect the object to assess its real condition.
  • The possibility to agree with the owner on a discount in case of detection of a small defect.

The choice of options depends on the preferences and personal circumstances of the buyer of properties in New Cairo for investment.

Reasons for investing in property in New Cairo

Here are the main reasons to invest in local properties:

  • High rental yields — the rental market is performing impressively, with yields reaching 9% for studios and 7.5% for one-bedroom apartments as of Q1 2024. This is significantly higher than the average yield in Cairo, which is 6.7%. In 2023, the average rental here has increased by 30% year-on-year.
  • Active market growth — the prices for investment real estate in New Cairo are steadily rising. In 12 months they increased by 38.13% in the apartment sector and by 6.63% in the villa sector.
  • Tourism — the number of foreigners to visit the country in 2023 increased by 27% year-on-year to 14.9 million. These dynamics have a positive impact on the property market, including in this popular community.

The factors listed above are reasons to buy investment real estate in Cairo, where you can expect both short-term profits and capital growth in the long term.

Buying real estate in New Cairo

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