Property Prices in Egypt

Index Info
Price to Income Ratio: 16.86
Mortgage as Percentage of Income: 239.81%
Loan Affordability Index: 0.42
Price to Rent Ratio - City Centre: 15.65
Price to Rent Ratio - Outside of Centre: 14.24
Gross Rental Yield (City Centre): 6.39%
Gross Rental Yield (Outside of Centre): 7.02%
Rent Per Month
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Apartment (1 bedroom) in City Centre 7,862.83 EG£ 4,000.00-16,000.00
Apartment (1 bedroom) Outside of Centre 4,837.50 EG£ 2,500.00-10,000.00
Apartment (3 bedrooms) in City Centre 13,836.73 EG£ 7,000.00-30,000.00
Apartment (3 bedrooms) Outside of Centre 10,125.53 EG£ 5,000.00-20,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,468.45 EG£ 1,393.53-4,645.11
Price per Square Feet to Buy Apartment Outside of Centre 1,498.66 EG£ 929.02-2,642.33
Salaries And Financing
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Average Monthly Net Salary (After Tax) 6,330.16 EG£
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.19 8.00-20.00

These data are based on 598 entries in the past 18 months from 98 different contributors.
Last update: May 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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