fbpx
Property Search

Egypt

About Egypt

Egypt is a country in North Africa and is best known in the west for its ancient civilisation and its historic sites. Buyers looking for a holiday home in the sun are drawn to the various seaside resorts that lie along its Mediterranean and Red Sea coastlines. The price of property in Egypt is increasingly attracting overseas investors as well as holidaymakers and in some Red Sea resort areas, you can purchase a property in a new development for as little as £25,000/€28,000.

About Egypt

Capital: Cairo
Currency: Egyptian Pound
Language: Arabic

Egypt is a country in North Africa and is best known in the west for its ancient civilisation and its historic sites. It also has a strong international community of expat workers who are typically based around its capital Cairo. However, those looking for a holiday home in the sun are drawn to its various seaside resorts that lie along its Mediterranean and Red Sea coastlines. There are international airports in Cairo and at the popular resorts of Sharm el-Sheikh and Hurghada.

Egypt predominantly has a desert climate and a desert landscape, with only the great Nile river bringing swathes of green. The coastal areas are slightly cooler and the only places to receive rainfall. Winters are mild, whilst the temperatures in summer soar, as might be expected.

Overseas buyers will need to check what visas are required for specific periods of stay in Egypt and for property purchases. It is also important to appoint a good lawyer who is completely independent of anybody else involved in the transaction before signing any contracts, which must by law be bilingual.

Egyptian economy

The cost of living in Egypt is low by Western standards, although it is higher than some other countries in the Middle East. Expats will find that accommodation prices vary according to area and of course, the size and quality of accommodation. Living in large cities will generally push prices up, while living in smaller towns or rural areas will find lower them. Health insurance is advisable, as healthcare for foreigners tends to be in private hospitals and clinics.

Egyptian culture

Egypt is predominantly Sunni Muslim with a small Coptic Christian population, therefore foreigners should be mindful of Muslim conventions, both religious and social. Having said that, the rules here are much more relaxed than in some other Muslim countries. There are many customs to learn for the westerner, including appropriate behaviour, gifts and dress if you are invited to an Egyptian’s house for dinner. For example, don’t take flowers; take chocolates or pastries.

Location and price

Overseas investors should have no problem finding suitable properties in Egypt; in Cairo for example, options range from simple studios to fully furnished apartments and large villas. The price of property in Egypt is increasingly attracting overseas investors as well as holidaymakers and in some Red Sea resort areas, you can purchase a property in a new development for as little as £25,000/€28,000. The most popular places for foreign buyers are Hurghada and Sharm el-Sheikh on what is known as the Red Sea Riviera. There are several new property developments appearing here and as many are priced in Egyptian Pounds, European buyers can take advantage of great exchange rates. The focus is on building gated communities near to shopping malls that cater for the needs of overseas residents. Buyers may find that there are different purchasing regulations according to the location where the property sits – Sharm el-Sheikh and Hurghada are examples a special purchase procedure.

Money Corp

- FOR SALE BY OWNER -

Ref: FSBO-V-001

Mijas, Malaga (Costa del Sol), Spain

€399,000 (-20%) - 5 Bedroom Villa

🔥🔥🔥🔥 HOT DEAL 🔥🔥🔥🔥 Spacious 5 bedroom villa for sale in Urbanizacion Campo Mijas, with easy access to Fuengirola, shopping and other amenities. As you enter the building via the top floor, you come to the lounge with fireplace and an ...

53750m² More Details
Ref: SA-2708

1 Bedroom Apartment
in Albir

Alicante (Costa Blanca), Spain

1175m²

Price: €129,000

- Sol Albir -

Ref: HPS-4665

3 Bedroom Villa
in Algorfa

Alicante (Costa Blanca), Spain

3290m²366m²

Price: €279,000

- Hallewell Estates -

Ref: HE-SH-ASP137

2 Bedroom Apartment
in Hondon de los frailes

Alicante (Costa Blanca), Spain

2279m²

Price: €68,950

- Hallewell Estates -

Ref: MGS0045

5 Bedroom Villa
in Mijas

Malaga (Costa del Sol), Spain

54300m²2000m²

Price: €599,000

- Marlin Global -

Ref: SBP-2596

Plot
in Almeria

Almeria (Costa de Almeria), Spain

212m²705m²

Price: €70,500

- Seek & Buy Properties Overseas -

Ref: HSPS-6490

4 Bedroom Villa
in Villamartin

Alicante (Costa Blanca), Spain

43200m²400m²

Price: €275,000

- Hallewell Estates -

Ref: BMB78PA

2 Bedroom Apartment
in Marbella

Malaga (Costa del Sol), Spain

22

Price: €800,000

- Bablo Marbella -

Ref: XSA-1880

Commercial
in Altea

Alicante (Costa Blanca), Spain

350m²

Price: €310,000

- Sol Albir -

Ref: SA-2680

3 Bedroom Villa
in Albir

Alicante (Costa Blanca), Spain

33279m²570m²

Price: €749,000

- Sol Albir -

Ref: HCBA-2329

2 Bedroom Apartment Duplex
in Cabo Roig

Alicante (Costa Blanca), Spain

2290m²

Price: €120,000

- Hallewell Estates -

Ref: SSG-EUR7-2

2 Bedroom Apartment
in Ciudad Quesada

Alicante (Costa Blanca), Spain

2276m²

Price: €204,000

- SolSpainGroup -

Ref: SSG-EUR7-3

3 Bedroom Apartment
in Ciudad Quesada

Alicante (Costa Blanca), Spain

3296m²

Price: €222,000

- SolSpainGroup -

Ref: HSEN-013

3 Bedroom Apartment
in Altea

Alicante (Costa Blanca), Spain

32120m²

Price: €205,000

- Hallewell Estates -

Ref: HPS-4472

3 Bedroom Townhouse
in Pilar de la Horadada

Alicante (Costa Blanca), Spain

33215m²63m²

Price: €251,000

- Hallewell Estates -

Ref: HE-SH-AE-5823335

3 Bedroom Country House
in Aspe

Alicante (Costa Blanca), Spain

32273m²11780m²

Price: €356,000

- Hallewell Estates -

Ref: AWOL4009-SE

3 Bedroom Country House
in Higuera De La Sierra

Huelva (Costa de la Luz), Spain

31400m²1500m²

Price: €380,000

- Another Way of Life -

Ref: SBP-2760

3 Bedroom Villa
in Campos

Mallorca, Spain

33140m²416m²

Price: €476,500

- Seek & Buy Properties Overseas -

Ref: SBP-627

3 Bedroom Apartment

Les Portes du Soleil, France

3

Price: €450,000

- Seek & Buy Properties Overseas -

Ref: SA-1070

Plot
in Alfaz del Pi

Alicante (Costa Blanca), Spain

3300m²

Price: €105,000

- Sol Albir -

Ref: BMB224NV

3 Bedroom Villa
in Marbella

Malaga (Costa del Sol), Spain

33456m²891m²

Price: €2,300,000

- Bablo Marbella -

Ref: CBPNB223

3 Bedroom Apartment Duplex
in Gran Alacant

Alicante (Costa Blanca), Spain

32

Price: €112,000

- Orihuela Costa Properties -

Money Corp
Open WhatsApp chat
1
Hello, how can we help?
We usually respond very quickly (if not immediately) :)

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close