Property Prices in Egypt

Index Info
Price to Income Ratio: 16.45
Mortgage as Percentage of Income: 235.36%
Loan Affordability Index: 0.42
Price to Rent Ratio - City Centre: 15.29
Price to Rent Ratio - Outside of Centre: 12.66
Gross Rental Yield (City Centre): 6.54%
Gross Rental Yield (Outside of Centre): 7.90%
Rent Per Month
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Apartment (1 bedroom) in City Centre 7,462.99 EG£ 4,000.00-16,000.00
Apartment (1 bedroom) Outside of Centre 4,766.67 EG£ 2,000.00-10,000.00
Apartment (3 bedrooms) in City Centre 12,763.64 EG£ 7,000.00-25,000.00
Apartment (3 bedrooms) Outside of Centre 9,546.15 EG£ 5,000.00-18,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,260.55 EG£ 1,300.63-4,180.60
Price per Square Feet to Buy Apartment Outside of Centre 1,285.15 EG£ 929.02-2,322.56
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,800.74 EG£
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.29 8.00-20.00

These data are based on 619 entries in the past 18 months from 93 different contributors.
Last update: March 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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