A lot of propitious real estate investment opportunities are available in the displayed properties for sale in Egypt. The transcontinental country that binds between Asia and Africa has a vital property market thanks to its strategic location in the heart of the world. All properties in Egypt are eligible for foreign nationalities to own, however, districts located in the capital and seaside cities have the highest demand.
Sharm Al Sheikh is one of the most robust real estate investment centers in Egypt where property ownership is unconditioned. The city lies in South Sinai governorate and has a wide set of prectorates and diving spots.
Egypt is a promising real estate market, a lot of prime property products are available scattered throughout its prime locations. The country offers high return on investment thanks to the robust demand, the average rental revenue ranges from 8 to 10 percent, while the annual return on investment varies from 10 to 15 percent according to location.
Egypt’s total mass of land is around one million square kilometers, it consists of 27 governorates and its coasts stretch over two seas, the Mediterranean and the Red Sea, in addition to two gulfs, Aqaba and Suez.
Total population of Egypt is estimated at 100 million according to the latest counting. It is the third most populated country in Africa after Nigeria and Ethiopia and the most populated between Arab countries.