Egypt real estate brief
Fathallah Fawzy: Egypt’s real estate sector is among the most attractive for investment
An RE brief based on a story published by الجريدة العقارية on 14 November 2026.
Read the full story at the sourceThe story in brief
Fathallah Fawzy, Vice President of the Egyptian Businessmen’s Association, said real estate is among Egypt’s most investment-attractive sectors and that foreigners account for about 10% of apartment buyers in the market. He said the market has started offering projects aimed at foreign buyers, including serviced apartments whose units have not yet been delivered in some projects, with demand for units in tourist cities and new cities.
Key numbers
- 10%
- Foreigners’ share of apartment buyers
- 2023 and 2024
- Years of the dollar’s rise
- 4 years
- Period before some units were delivered
- 60%
- Potential price reduction for a cash sale
Why it matters for brokers
Fawzy said most customers prefer to buy residential units on installments and take delivery after paying the down payment, and that demand exists in tourist cities and new cities. He added that someone seeking a cash sale would need to reduce the apartment’s price by up to 60%.
RE's reading of the story. It is not part of the original report and not investment advice.