In less than three months since the launch of its first project in the Egyptian market, Jumeirah Egypt has obtained the Ministerial Decree No. 608 on 9/7/2021 & the Land Contract from the New Urban Communities Authority, to be one of the first developers to obtain a ministerial decree from the New Urban communities Authority in Ras El Hekma.
Translated by Reem Selim
The Egyptian summer real estate market has become attractive for those seeking recreation; in fact, summer homes are now a golden opportunity to join the second home market community of investors.
Recently, the Egyptian second home market has also been a potential among foreign homebuyers. Accordingly, Egyptian government has paid a great deal of attention to coastal cities development, in a bid to revitalize the second home market, especially on Egypt’s Northwest Coast area, which attracts hundreds of visitors, compared to other regions.
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