Features / home buyers

Whatever Happened to Summer Homes in 2020?

Summer is the time when most people head to their vacation houses on the North Coast or the Red Sea, fueling an appetite for first-time buyers and potential investors to hop on the bandwagon. But summer 2020 is unlike any other; appetite for leisure property purchases is somewhat suppressed during this supposedly "always-busy" holiday. This was mainly due to the Coronavirus crisis, which changed the facets of the Egyptian summer property market. 

Did Corona Fast-Track Adoption of Digital Tools in Real Estate?

The real estate sector seemed always a bit conservative, mostly unresponsive to innovation. Just a couple of years back, not many countries had a digital public ledger of properties. With time, digital solutions are firmly taking bit by bit over in the property business; not to mention the rise off the pandemic COVID-19 has ensued need for social distancing, cleanliness, and minimal contact, and changed technology’s role from nice-to-have into a must-have.

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