Characteristics of the real estate market in Egypt.. The best investment places
Investing in the real estate market is also characterized by an annual 10% annual rent increase in the lease contract, in addition to the increase in the basic price of the property, which achieves an annual profit for the owners without effort, and this advantage is limited to the Egyptian market, and it is difficult to achieve it in any of the other countries.
The real estate market in Egypt is one of the best markets in which to invest, as it is always increasing, and has never witnessed the real estate bubbles witnessed by many Arab and European countries. This is due to the reliance of the real estate market on local investors, compared to about 5% of Arab and foreign investors, according to real estate expert Ashraf Allam, about real estate investment in the New Administrative Capital for the year 2023.
The real estate market is also distinguished by the presence of many experienced real estate investment companies, such as the Venus Real Estate Marketing Company, which helps in providing the best investment offers in residential units, especially in new cities and tourist villages. It provides all services, at an affordable price and easy payment systems, which attracts a wide range of investors. Investors looking for housing units that can achieve profitable annual and monthly returns by renting them, in addition to increasing the value of the property annually, which increases the ability to benefit from it in the long term.
Investing in the real estate market is also characterized by an annual 10% annual rent increase in the lease contract, in addition to the increase in the basic price of the property, which achieves an annual profit for the owners without effort, and this advantage is limited to the Egyptian market, and it is difficult to achieve it in any of the other countries.
Thus, investing in real estate in Egypt has the advantage of making a permanent profit, despite the high inflation rate and financial stumbling blocks in the world. You are now able to own an investment unit in any of the new cities or tourist villages with the lowest down payment, and with payment systems that extend to 10 years without interest, with the ability to benefit from the unit, whether through housing or rent during the repayment period.
The best areas for real estate investment in Egypt
The best areas for real estate investment in Egypt are determined based on the geographical location of the property and the services available in the area, in addition to the proximity of the property to vital and central places in the governorate or city. This is in addition to the popularity of the area and the extent of development it is witnessing, and the establishment of its infrastructure, which maintains the safety of the property in the long term, and among the best areas that you can invest in:
- New Cairo, especially the Fifth Settlement.
- Residential and administrative projects of the New Administrative Capital.
-Residential complexes in 6th of October City.
Sheikh Zayed compounds.
- New Alamein City.
- The northern coast, especially the Ras El Hikma area.
- Ain Sokhna area, especially the vicinity of the city of Galala.