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Apartments for Sale in Egypt by Imtilak Global

Benefits of Owning and Living in Egypt

Living in Egypt offers a unique blend of history, culture, and economic opportunities. Here are the top five advantages of living in this ancient country:

  • Cultural and Historical Heritage: Egypt is a country rich with thousands of years of history and heritage, providing a unique and inspiring environment to reside in.
  • Low Cost of Living: Compared to many other countries, Egypt features a lower cost of living that includes affordable food, transportation, and services.
  • Strategic Geographic Location: Situated at the heart of the Arab world between Africa and Asia, Egypt serves as a crucial hub for trade and business.
  • Sunny Climate: Egypt enjoys a moderate climate all year round with plenty of sunshine, making it an ideal place for outdoor activity enthusiasts.
  • Diverse Communities: Egypt hosts a mix of Arab, European, and African communities, creating a rich and diverse cultural environment.

Benefits of Investing in Egyptian Apartments

Real estate investment in Egypt boasts significant growth and profit opportunities. Here are the top five benefits:

  • Increased Demand for Properties: With ongoing population growth and increasing interest from foreigners, there is a high and continuous demand for properties.
  • Return on Investment: Properties in Egypt offer attractive rental yields and the potential for long-term property appreciation.
  • Diverse Real Estate Options: From luxury apartments to economical units, the Egyptian market provides real estate options to suit all tastes and budgets.
  • Encouraging Government Policies: The Egyptian government offers incentives for investors, including tax reductions and financing facilities.
  • Ownership Facilities for Foreigners: Egyptian laws allow foreigners to own properties, easing the entry of international investors into the market.

Investing in Egyptian real estate can yield annual returns ranging from 5% to 10%, depending on the location and type of property. Returns typically come from rentals, providing a continuous and reliable income source.

Top Cities in Egypt for Buying Apartments

Here are details of the best cities in Egypt to buy apartments, making them ideal choices for buyers and investors:

  • Cairo: As the capital, Cairo is the center of business and culture in Egypt. The city offers a wide range of real estate options that cater to both luxury and economical preferences, making it ideal for investment or residence.
  • Alexandria: This coastal city blends modern charm with historical allure. As a major tourist destination, apartments here maintain their value, especially those with direct sea views.
  • El Gouna: Known as one of Egypt's finest resorts, El Gouna boasts excellent infrastructure and a secure, gated community. Apartments here offer a luxurious lifestyle and stunning views of the Red Sea.
  • Sharm El Sheikh: Known as an international tourism and diving destination, Sharm El Sheikh provides excellent investment opportunities in tourist properties, along with luxurious lifestyles for residents.
  • North Coast: This rapidly growing area is continuously transforming into a luxury tourist destination. Apartments here offer profitable investments thanks to the strategic location and beautiful natural scenery.

Apartments for Sale in Egypt

Average Prices of Apartments in Egypt

Apartment prices in Egypt vary based on several factors such as location, quality, and available amenities:

  • Economical Apartments: Prices range from 5,000 to 7,000 Egyptian Pounds per square meter.
  • Mid-range Apartments: Prices range from 8,000 to 12,000 Egyptian Pounds per square meter.
  • Luxury Apartments: Prices start from 13,000 Egyptian Pounds per square meter and upwards.

Imtilak Global works hard to provide the best properties at competitive prices through strong relationships with leading real estate developers in Egypt. This collaboration allows access to exclusive deals and discounted prices not typically available in the market. As a result, our clients can benefit from purchasing properties at costs below the market average, enhancing long-term investment returns.

Apartments for Sale in Egypt by Imtilak Global

Imtilak Global has partnerships with top real estate development companies in Egypt, enabling it to meet all customer needs in line with their budgets. Below, you can explore some of our most popular residential projects in Egypt:

  1. El Patio Oro: Known for its elegance and privacy, this project is usually located in an upscale area, providing a peaceful and comfortable environment for residents. It is designed to offer a variety of residential units that meet different tastes, with recreational and security facilities at a high level.
  2. La Avenir: Characterized by its modern design reflecting a practical and modern lifestyle, this project is strategically located to facilitate access to essential services and commercial areas. It is renowned for offering comfortable living spaces that align with the needs of modern families.
  3. The Curve: Enjoying an exceptional location that provides stunning views, "The Curve" is designed in a contemporary style. The residential units here are equipped with smart home technologies and designs that respect the privacy of residents, making them an ideal choice for those seeking luxury and technology.
  4. The Capital Way: Offering a new concept of luxury living in the city center, with a strong focus on luxury and sophisticated design. The project includes comprehensive facilities such as commercial areas, extensive green spaces, and fitness and health centers, making it ideal for families and professionals alike.
  5. Castle Landmark: This project combines distinctive urban character and elegant design. Located in a strategic area that facilitates access to cultural and educational centers, it provides an ideal environment for families looking for safety and sophistication in one place.

Average Prices of Apartments in Egypt

Book a Free Real Estate Tour with Imtilak Global

At Imtilak Global, we understand that choosing the right property is a crucial decision that requires time and thorough study. Therefore, we offer free real estate tours, providing a unique opportunity to explore the best properties available in the Egyptian market that perfectly match your desires and needs.

Edited by: Imtilak Real Estate©

Update date: 2024-05-18

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