Egypt Real Estate Market 2026: Investor Commentary

City-centre apartments in Egypt averaged $631 per m² in 2023, against $355 outside the centre. Gross rental yields in city centres stood at 6.4% and the price-to-income ratio at 16.2 (2024).

Apartment price per m²
$631
2023
Gross rental yield
6.4%
2024
Price-to-income ratio
16.2
2024
GDP growth
4.4%
2025
Inflation (CPI)
14.1%
2025
Population
118 million
2025

Egypt property market charts

Apartment price per m²
Source: Numbeo. Details →
Gross rental yield (city centre)
Source: Numbeo. Details →
GDP growth, inflation & unemployment
Source: World Bank. Economy data →
Price per m²: Egypt vs Africa
Source: Numbeo. Details →

Egypt real estate market 2026 trends are dominated by one fact: with inflation at 14.1% (2025) and a weaker pound, property has become the default hedge for households and a magnet for foreign cash. Prices are very low in dollar terms, around $631 per m² in city centres (2023), but the macro context decides whether that is an opportunity. Browse live stock first at property for sale in Egypt.

Cheap in dollars, expensive for Egyptians

City-centre homes average about $631 per m² (2023) and outside-centre homes about $355 per m² (2023). For a foreign buyer these are among the lowest prices you will find around the Mediterranean and Red Sea. The reality for residents is different: average monthly net salary is roughly $169 (2023), producing a price-to-income ratio of 16.2 (2024).

That gap is why developers focus on gated resorts and new cities aimed at expatriates, returnees and Gulf buyers. Nominal prices in pounds have moved sharply, so dollar comparisons over time can mislead. The apartments for sale in Egypt and villas for sale in Egypt pages show the two main product types.

IndicatorValueYear
Price per m², city centre$6312023
Price per m², outside centre$3552023
Price-to-income ratio16.22024
Gross rental yield, city centre6.4%2024
Price-to-rent ratio15.62024

Yields look fine until inflation is subtracted

A gross yield of 6.4% (2024) and a price-to-rent ratio of 15.6 are healthy on paper. A one-bedroom in the centre rents for about $187 a month (2023). But with inflation at 14.1% (2025) and a lending rate of 24.3% (2024), cash held in the bank can earn more than rent after costs, which weakens the case for leveraged purchases.

The argument for property is protection from currency erosion rather than income. If you earn in dollars or euros, rent is often set in pounds, so income can fall in hard-currency terms even as the nominal figure rises. Seek dollar-denominated leases where possible.

Read more (3 more sections)

Macro: strong headline growth, fragile finances

GDP is about $365 billion, with growth of 4.4% (2025), and the population is about 118 million, growing 1.6% a year. Unemployment is 6.8% (2025). The weak points are public debt at 90.9% of GDP (2024) and heavy reliance on external financing and Suez-related income.

The 20-year mortgage rate was 12.75% (2023), and has stayed high. Local credit is expensive, so developers offer long instalment plans, often interest-free in headline but priced into the unit. Read our financing guide for Egypt and the buying guide before committing to a payment plan.

In Egypt, property is a currency hedge first and a rental asset second; judge every offer by what it is worth in dollars at resale.

— RealEstateAbroad market note

Risks

  • Off-plan delivery: developers can delay, and payment plans add exposure.
  • Exchange rate and capital movement: check how sale proceeds can be repatriated.
  • Registration: unregistered or customary title is common outside new projects.
  • Corruption perception: the index reads 35 out of 100 (2024).
  • Oversupply: some new cities have large inventories relative to occupied homes.

If you want a lower-cost entry, see properties under $100k in Egypt.

Outlook

Demographics are supportive and the coast remains a draw for holiday buyers, but returns depend on currency stability. Expect continued nominal increases, with real and dollar-denominated outcomes varying by project quality. Use the property valuation tool to test asking prices against local comparables and contact us if you need help finding a vetted lawyer.

Last updated 8 October 2026

Real estate in Egypt

City-centre apartments in Egypt averaged $631 per m² in 2023, against $355 outside the centre. Gross rental yields in city centres stood at 6.4% and the price-to-income ratio at 16.2 (2024).

Real estate indicators for Egypt
IndicatorValueYear
Apartment price per m² (city centre)Average asking price per square metre to buy an apartment in city centres$6312023
Apartment price per m² (outside centre)Average price per square metre to buy an apartment outside city centres$3552023
Price-to-income ratioMedian apartment price divided by median annual disposable family income16.22024
Gross rental yield (city centre)Annual rent as a percentage of purchase price, city-centre apartments6.4%2024
Price-to-rent ratio (city centre)Purchase price divided by annual rent, city-centre apartments15.62024
Rent: 1-bedroom, city centreAverage monthly rent of a one-bedroom apartment in the city centre$187/mo2023
Rent: 1-bedroom, outside centreAverage monthly rent of a one-bedroom apartment outside the centre$116/mo2023
Rent: 3-bedroom, city centreAverage monthly rent of a three-bedroom apartment in the city centre$327/mo2023
Rent: 3-bedroom, outside centreAverage monthly rent of a three-bedroom apartment outside the centre$218/mo2023
Mortgage interest rate (20-year fixed)Average yearly mortgage interest rate, 20-year fixed12.8%2023

Egypt house prices & rental yields in detail →

Economy in Egypt

Real GDP growth was 4.4% in 2025, with GDP per capita of $3,086. Consumer price inflation was 14.1% and unemployment 6.8% (2025).

Economy indicators for Egypt
IndicatorValueYear
GDPGross domestic product, current US dollars (billions)$365 billion2025
GDP per capitaGross domestic product per person, current US dollars$3,0862025
GDP growthAnnual real GDP growth4.4%2025
Inflation (CPI)Annual change in consumer prices14.1%2025
Unemployment rateUnemployment, % of labour force (ILO modelled estimate)6.8%2025
Bank lending rateAverage bank lending rate to the private sector24.3%2024
Central bank policy rateBenchmark central bank interest rate (year-end)27.3%2024
Government debt to GDPGeneral government gross debt, % of GDP90.9%2024
Average monthly net salaryAverage monthly salary after tax$1692023
Corruption Perceptions IndexHigher is cleaner (0 = highly corrupt, 100 = very clean)352024

Demographics in Egypt

Egypt has a population of 118 million (2025), 42.9% of whom live in urban areas. 5.3% of residents are aged 65 or over.

Demographics indicators for Egypt
IndicatorValueYear
PopulationTotal population (millions)118 million2025
Population growthAnnual population growth1.6%2025
Urban populationShare of the population living in urban areas42.9%2025
Life expectancy at birthLife expectancy at birth, total71.82024
Population aged 65+Share of the population aged 65 and above5.3%2025
Population

Quality of life & cost of living in Egypt

Egypt scores 83.8 on Numbeo's Quality of Life Index (2024). A meal at an inexpensive restaurant costs about $3.36 and a one-bedroom city-centre flat rents for about $187 a month.

Quality of life & cost of living indicators for Egypt
IndicatorValueYear
Quality of Life IndexComposite index (higher is better)83.82024
Safety IndexPerceived safety (higher is safer)52.72024
Health Care IndexPerceived quality of the health care system47.52024
Pollution IndexPerceived pollution (lower is better)82.82024
Climate IndexClimate likeability (higher is more pleasant)922024
Utilities for an 85 m² apartmentElectricity, heating, cooling, water and garbage, monthly$26.74/mo2023
Internet (60 Mbps+)Unlimited broadband, monthly$10.92/mo2023
Mobile plan (calls + 10GB)Monthly mobile phone plan$9.04/mo2023
Meal, inexpensive restaurantCountry median of city prices$3.362024
Dinner for two, mid-range restaurantThree-course meal for two, country median of city prices$15.492024
CappuccinoRegular cappuccino, country median of city prices$1.402024
Public transport monthly passCountry median of city prices$6.192024
Gasoline (1 litre)Country median of city prices$0.262024
Fitness club membershipCountry median of city prices$16.62/mo2024
Private preschool (full day)Country median of city prices$80.30/mo2024
International primary schoolCountry median of city prices$826/yr2024
Quality of Life Index vs Safety Index vs Health Care Index

Cost of living & quality of life in Egypt →

Taxation in Egypt

Egypt applies a top personal income tax rate of 27.5%, corporate tax of 22.5%, a standard VAT/sales tax rate of 14.0%.

Taxation indicators for Egypt
IndicatorValueYear
Top personal income tax rateHighest statutory marginal rate on personal income27.5%2026
Corporate income tax rateHeadline statutory corporate income tax rate22.5%2026
VAT / sales tax (standard rate)Standard value-added or sales tax rate14.0%2026
Top personal income tax rate vs Corporate income tax rate vs VAT / sales tax (standard rate)

Tax rates in Egypt →

Egypt property market FAQ

Is Egyptian property a good investment right now?

It can be a hedge against pound weakness, with city-centre prices around $631 per m² (2023) and gross yields near 6.4% (2024). It is risky if you rely on leverage or off-plan promises.

Why are mortgage rates so high in Egypt?

The 20-year mortgage rate was about 12.75% (2023) and the lending rate 24.3% (2024), reflecting inflation of 14.1% (2025). High rates are why developers offer instalment plans.

How does inflation affect rental income?

Rents are usually in pounds, so hard-currency income can fall when the pound weakens. Dollar-denominated leases protect better, mostly in resorts and expat compounds.

Are prices the same across Egypt?

No. Cairo, the north coast and Red Sea resorts differ widely. The indicator data shows centre prices roughly 1.8 times outside-centre prices (2023).

What should I check before paying a developer?

Confirm title, building permit, delivery history and escrow arrangements. Pay in stages tied to construction milestones and get a local lawyer to review the contract.

Sources & methodology

Figures are the latest available per indicator; the year is shown next to each value. Macro data come from the World Bank (World Development Indicators) and IMF World Economic Outlook, property prices, rents and quality-of-life indices from Numbeo, and headline tax rates from PwC Worldwide Tax Summaries. Missing values are left blank rather than estimated.