The Future Of Real Estate Market In Egypt Is Bright
The real estate market in Egypt continues to improve. In fact, the country has experienced a 133% growth rate in real estate listings and an increased number of new real estate projects launched in the early period of 2018. It is thus a recommended destination for investors who want to maximize the future revenues of their investment because:
- The prices are reasonable – The 6th of October City, New Cairo City, and the 5th Settlement are among the top areas to invest in 2018. The price per square meter in these areas is between 3,000 LE – 4,000 LE (or even less).
- Shopping centres offer a lucrative investment opportunity – The 5th Settlement and Street 90 in Cairo are home to some of Egypt’s biggest commercial malls and shopping centers. These areas attract local and foreign investors.
- Coastal areas also offer an ideal investment – Alexandria is also a smart place to invest in real estate properties thanks to its prime location on the Mediterranean Cost. Alexandria is indeed the main port in Egypt, making it an attractive place to start or expand investments.
If you’re looking to invest in Egypt, AMS Africa can assist you to make your project happen.