"Recent government laws on the real estate sector, such as the Real Estate Tax Law and the Reconciliation Law for Building Violations, have not adversely affected real estate investment, but increased the value of real estate in Egypt," the expert said. Egypt is currently building 20 "fourth-...
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Accordingly, citizens and small investors had to invest in real estate as an alternative for saving rates provided by Egyptian central bank. This chapter discusses the run-up of real estate prices fuelled by demand of citizens and small investor with respect to limited supply; causing a real ...
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Rehab City, a real estate development located in New Cairo, is being developed by Talaat Moustafa Group (TMG). The development is located on the Cairo-Suez road. It offers many shopping malls and a cinema complex. Rehab City is preferred by many upper middle-class locals. ...
Fifth, real estate bubbles are not new to Egypt. The market has witnessed a few ones before, though it never crashed, with the worst being a multi-year slowdown in primary sales and a freeze in secondary sales without decline in nominal prices of units. In this case owners prefer to keep...
An Investment Opportunity: Real Estate and Tourism in EgyptAkinfieva, Yulia
CAIRO, April 20 (Xinhua) -- The price of building materials has increased significantly for the past few months in Egypt, putting the country's real estate sector under pressure, said the country's analysts. Egyptians look upon real estate as a "safe investment," while the government consider...