7 types.. everything you need to know about the real estate market
Real estate market consists of buildings and residential, commercial and administrative units only, while the buildings are a part of the real estate market.
It is noticeable in recent years, especially with the assumption of President Abdel Fattah El-Sisi, that urban expansion comes at the top of the priorities of the Egyptian state, and in this way, you will find a trend towards urban expansion by building new cities such as New Administrative Capital, New Alamein, New Mansoura, and many others.
Some believe that the real estate market consists of buildings and residential, commercial and administrative units only, while the buildings are a part of the real estate market, to which many industries are linked in a related economic ring, where the most important industries related to the real estate market are:
1. Iron and cement factories.
2. Paints and finishing materials factories.
3. Flooring factories and companies.
4. Timber factories.
5. Financing institutions.
Residential real estate
• It consists of apartments, villas, and all types of residential units.
• Residential investment experiences a near-constant rate of return.
• The value of a residential property increases over time.
Administrative real estate
• Buildings for companies and startups.
• The administrative building is designed according to specific specifications that are different from other buildings.
• Administrative real estate is characterized by a high increase in value. In addition, it has higher returns than residential.
• The government allocates part of any new city to be dedicated to social housing projects and also encourages investment, whether foreign or real estate.
Industrial real estate
It includes factories, workshops and other buildings with industrial purposes.
Its value increases with time, with a value higher than the residential one and less than the administrative one.
It also witnesses distinct and average returns compared to real estate investment in other fields.
Commercial real estate
It consists of malls, shops, cafes, restaurants, and more.
It is one of the best types of real estate investment and the highest in terms of achieving returns.
Moreover, commercial investment is one of the most expensive types of investment, so it is not suitable for small investors.
Recreational real estate
Leisure buildings include chalets in coastal towns.
It is the highest and most expensive in terms of price, value, annual increase rate, and returns.
Residential and industrial lands
It is the land on which the residential or investment building is built.
It is the lowest price, as it is an empty land, which is scheduled to witness the embrace of buildings in the future.
The most important current real estate development projects in Egypt
1. Sheikh Zayed projects
2. New Sheikh Zayed projects
3. New Cairo projects New Administrative Capital projects
4. New Alamein projects
5. Ain Sokhna projects