Egyptian Real Estate: Opportunities Vs Challenges
Invest-Gate lists the opportunities and challenges facing any investing developer in the Egyptian property market today.
Invest-Gate lists the opportunities and challenges facing any investing developer in the Egyptian property market today.
While the government announces plans to develop 20 new fourth generation cities, local homebuyers start to look for residences at these promising spots
In light of the mega development projects planned for Egypt, with much more in the pipeline, Invest-Gate interviews Waleed Abbas, assistant minister for community affairs of the New Urban Communities Authority (NUCA).
As we kick start with 2019, Invest-Gate sits with Deputy Minister of Housing, Utilities, and Urban Communities for National Projects Khaled Abbas to chitchat about Egypt’s real estate market status and where it is going.
Invest-Gate will give you a detailed review of the buyers’ trends in 2018 and what they are tending to do in the real estate market, especially with the economic changes taking place in the region.
Since President Abdel Fattah El-Sisi laid the first stone of the New Administrative Capital (NAC), located east of Cairo, back in October 2017, the government has been racing against time and construction works are afoot to deliver the mega project as scheduled. With an area of 170,000 acres, the new capital will include 20 residential areas expected to accommodate 6.5 mn people, as well as a 650-kilometer road network, an international airport, an electric train to link it to 10th of Ramadan and El Salam cities. It will also feature 1,250 mosques and churches, a 5,000-seat conference center, nearly 2,000 schools and colleges, over 600 medical facilities, and a park that is projected to be the largest in the world. Invest-Gate meets Chairman of the New Administrative Capital for Urban Development (ACUD) Ahmad Zaki Abdeen to know the latest development works at the NAC.
Tourism and leisure facilities have always been known to have a profound impact on the value of surrounding properties and the type of clientele they attract, among many other features
Egypt is witnessing a huge transformation across its housing, investment, and services sectors. The launch of the mega projects in new areas are creating new investment and job opportunities, fueling the demand for housing, and thus increasing real estate projects.
An all- year- round- retreat to many local and international visitors, La Hacienda Ras Sudr has been on the mark, attracting all attention to its unique location and natural beauty blended with modernity. Invest-Gate sits with Bahrawi Investment Co. CEO Dr. Samir Bahrawi to share his views on the investment climate in the country, today, and the future of Ras Sudr as Egypt’s, nowadays, popular destination on the rise. Invest-Gate, then, takes its readers on a tour at La Hacienda Ras Sudr with its very own Bahrawi Investment Co. General Manager Sarah Youssef to explore more on the booming destination and what it has to offer.
As the autumn approaches so does the back-to-school season, Invest-Gate eyes real estate market players, from both public and private sectors, channeling their investments and resources to cater to the educational system as part of Egypt’s educational reform plan. Invest-Gate tours the recently established schools and universities across Egypt as well as the many to-be developed and explores how such projects are positively affecting not only the educational system but also the real estate sector.