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.

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. 

If you are a new owner, or in a renovation mode, Invest-Gate puts together a list of your interior design must-haves for an ultimate cozy living by the sea.

Invest-Gate attempts for a pulse check to piece together the main patterns of the chunk of the housing industry during summer 2019, in terms of performance, trends, and purchasing power.

Invest-Gate pinpoints the most notable reforms and trends in the new coastal spots, in terms of purchasing power, determinants for owning vacation residences, desirable locations, sought-after facilities and features, and most importantly, investment potentials.

Invest-Gate R&A team guides you through New Alamein’s latest updates and developments, while underlining the consumer behavior toward this megaproject.

Invest-Gate puts the spotlight on the dynamics and preferences of second homeowners, together with potential purchasers, particularly those opting for units on the North Coast, while laying emphasis on the purchasing power partaking in the home buying roller coaster ride.

Invest-Gate puts the spotlight on the dynamics and preferences of second homeowners, together with potential purchasers, particularly those opting for units on the North Coast, while laying emphasis on the purchasing power partaking in the home buying roller coaster ride.

In this part, Invest-Gate's research and analysis team puts together a summarized wrap up on the preferred second home spots for both second homeowners and non-owners.

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.