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Discover the prices of chalets and rest houses for rent in the North Coast - in cash or in installments, and now see exclusive offers on real estate for apartments, lands, villas and distinctive shops through Advertisers. Among the properties offered, we offer you a furnished chalet for rent in the village of Heidi, the North Coast - a luxury chale...
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May 18, 2022 | Directory
Can foreigners rent property in Egypt?Certainly, the foreigners can rent a property in Egypt, since the new lease law was announced in Egypt, everyone has the opportunity to rent any residential, commercial or any other property according to a legal lease agreement, only the lands designated for agriculture are prohibited from being rented to foreigners.The new lease law gave freedom of contract between the owner and the tenant with regard to (rental value - contract term), but with main conditions for renting for non-Egyptian foreigners:The foreigner must have a regular residence card in Egypt that is valid during the lease term of the property.The foreigner must be a fully qualified person (an adult, in complete mental health).Renting a property in Egypt for foreigners - terms of the lease contract:Foreigners can rent a property in Egypt according to lease contracts similar to the lease contract for Egyptians, so the property lease contract must include the following:1- A copy of the identity of the person who owns the property, a copy of the identity of the foreigner renting and a copy of his passport, and a copy of his residence card in Egypt.2- A document proving the capacity of the person who owns the property and the capacity of the foreign tenant.3- A document proving the owner’s information, place of residence, work and means of communication with him, and a document proving the nationality of the foreigner hired and the method of contacting him.4- Documenting all the specifications of the property that is being leased in the contract, its detailed address, its area, and the internal property details. 5- Determining the term of the property lease contract.6- The value of the monthly or annual rent, or it can be a week or one day. The value of the rent must be documented, in addition to mentioning the method of payment of the rent amount. If the foreigner will pay the rent in installments or monthly, the date of payment must be mentioned in the contrac...
Read moreMay 08, 2022 | Discussions
How is the real estate market in Egypt?With all the eye-catching announcements about new real estate in Egypt, many are wondering about the reality of the real estate market in Egypt, and what really draws attention is that the real estate market in Egypt is in a state of a modern and perfectly organized construction boom aimed at reviving the Egyptian real estate market.How is the real estate market in Egypt according to modern regulation?The authorities concerned with urban and real estate development have drawn a modern map that fits the area of Egypt, its ancient civilizational peculiarity, and its important strategic location among countries. Modern real estate development in Egypt was interested in establishing a wide urban development that includes building modern cities and organized and elegant residential communities in the modern architectural style. One of the most important points that the real estate development process focuses on in the modern Egyptian real estate market is solving the problem of random construction of housing and making streets and buildings more civilized in all regions of Egypt. A set of decisions and regulatory requirements for modern urbanization were defined to show the features of these development ideas for the real estate market in Egypt.Positive indicators for the real estate market in Egypt:During the past years, there have already been many positive indicators that predict how the real estate market in Egypt is and how it is developing:1- An important initiative was activated under the title (A Dignified Life) concerned with developing the villages of the Egyptian countryside, and it started in 2019.2- New city projects in Egypt and the expansion of some old cities. It has been planned to establish 23 modern Egyptian cities in various governorates of Egypt, in addition to expanding 21 cities through large housing units’ projects.3- Modern housing projects in various regions, such as the "Dar Misr" project, ...
Read moreMay 31, 2022 | Discussions
What is the real estate market like in Egypt?The real estate market in Egypt, like any real estate sector in the countries of the world, is affected by economic changes, international conditions and the rise in global prices for building materials. The real estate market in Egypt has gone through periods of slowdown like others, but it has managed to survive and regain strength quickly compared to others. The real estate market in Egypt has enjoyed a strong reputation in the world of real estate and the economy, which makes it one of the best real estate markets for investment in the Arab region.Let's take a look at the most important factors that make the real estate market in Egypt coherent and evolving for the better:1- Egypt has been interested in welcoming real estate developers in the real estate market. Egypt has realized the importance of these developers, because they lead the real estate sector towards more confidence and strength in the face of all urgent challenges.2- Encouraging real estate development in housing projects within the real estate market in Egypt, because housing projects are a major focus and a necessary element needed by the real estate market in Egypt.3- The real estate market in Egypt provides golden investment opportunities with a promising future, thanks to the remarkable speed of development of real estate projects, which is one of the most important features of the real estate market in Egypt in the recent period, because the demand for real estate in Egypt stems from the actual need for housing. Residential is the highest demand in Egypt since the sixties and until now it is still witnessing an increasing demand every day. Especially the demand for economic housing, which indicates the existence of huge opportunities, and we stress here that although the real estate market is under pressure, it meets its requirements.4- The great real estate development of the tourism sector has made the real estate market in Egypt always acti...
Read moreMay 27, 2022 | Properties
Is Egypt a good place to invest in real estate?Egypt is a very good place to invest in real estate, as the real estate market in Egypt is constantly growing and developing and there is always competition between developed real estate companies, in addition to the fact that real estate laws facilitate a lot of investment operations for Egyptian citizens and foreigners.Is Egypt a good place to invest in real estate? And what are the best ways?There are many ways to invest in real estate in Egypt:Investment through the construction of absolutely modern housing units, and real estate development projects for the regions, and also shows the need, to resell them with high prices, whether to be rented, and those properties designated for housing, shopping centers, services and farms, by buying commercial real estate, and investment is usually in the sector Real estate, based on long-term or short-term strategies, where the financial structures (profit models) designed, and the diversity of methods, are linked to the capital of the investor, in addition to solving the problem of weak purchasing power resulting, through the emergence of a group of companies that deal with the matter.Is Egypt a good place to invest in real estate? What are the potential risks?It is possible that some risks may occur when you invest in real estate in Egypt like any other country. You must consult a legal advisor you trust, and know the information required before the purchase decision. Once you know the papers you will need, which does not make you lose your entire investment, which is correct information. In addition to being away from all legal risks, you cannot lose your financial investment in the unit completely, and its papers may be incorrect, and there is another possibility to buy a property whose legal papers are intact.Is Egypt a good place to invest in real estate? Any tips?• Regarding the conditions of the property to be purchased, where there are parking lots, in terms of lo...
Read moreMay 26, 2022 | Directory
How much does the average house cost in Egypt?You are asking about a diverse area in the field of residential real estate, which is Egypt. Egypt is a large country with a huge diversity in the forms of houses and residential units, so the average cost of a house will be very different according to the type of house, its area and its modernity, but we can take an overview of the real estate market in Egypt to look at the average house cost in Egypt within the various desirable areas for housing.House forms in the Egyptian real estate market:Egypt is a country inhabited by a large number of people since ancient times, and therefore its main cities are full of patterns of old houses and residential buildings that were reconstructed in different times, but the renovations in the cladding and rehabilitation of buildings made the old residential buildings a preferred place also for homes and living in Egypt.In addition, Egypt is one of the most Arab countries that open up its culture and arts towards the latest global developments, and therefore you can notice the amazing real estate development in the forms of residential and other real estate according to the latest standards in the world, such as modern building systems, technologies and decorations, and thanks to this real estate development you can find a house in many forms for housing in Egypt, ranging from studios, apartments, duplexes, triplexes, penthouses, villas of all kinds, townhouses, twin houses, or huge independent villas.Of course, this diversity in the forms of the house is more evident in modern urban projects, modern cities, and the expansion of the suburbs of ancient cities in Egypt.How much does the average house cost in Egypt? Specifically in Greater Cairo:Let's start by talking about Cairo, the capital of Egypt, and everyone wants to search for a suitable house to settle and work in the capital of Egypt, and of course we should try to answer the question of the average house cost in Egypt with...
Read moreMay 13, 2022 | Properties
Is Egypt a good place to invest in real estate?Egypt is a very good place for real estate investment, and it has many advantages that make the real estate market of great importance to everyone, as it is a large country and its population is huge, and the field of real estate in particular is related to the population mainly, you will never lose in real estate within Egypt.When you ask: Is Egypt a good place to invest in real estate? You may also ask about the types of investment in Egypt in relation to the real estate market, let us take a quick idea:Is Egypt a good place to invest in real estate? (residential):Residential real estate is a necessity for all citizens of the world, so imagine the importance of residential real estate to the many citizens of Egypt!The residential real estate sector is the largest in Egypt, and the movement of sale and rent of apartments is very active in Egypt, especially in recent years when large housing projects and new cities appeared, attention turned to residential real estate in modern complexes because they have ideal specifications. These cities and new housing projects were planned to become smart, technical and sustainable cities with modern community facilities, green spaces and great places for shopping and entertainment.Really; Egypt is a good place to invest in real estate (residential), especially buying a residential property. You can invest your apartment by renting it for a period of time with good profits, and at the same time the value of the residential real estate will increase over time.Is Egypt a good place to invest in real estate? (commercial):The options for investing in commercial real estate in Egypt are very numerous, and they are highly profitable. Commercial real estate in Egypt may be more expensive than residential real estate, but it guarantees you more regular and increasing profits.One of the examples that you can invest in for any commercial real estate in Egypt is the lands designated for buildi...
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