Property Prices in Egypt

Index Info
Price to Income Ratio: 16.59
Mortgage as Percentage of Income: 250.93%
Loan Affordability Index: 0.40
Price to Rent Ratio - City Centre: 15.95
Price to Rent Ratio - Outside of Centre: 15.28
Gross Rental Yield (City Centre): 6.27%
Gross Rental Yield (Outside of Centre): 6.55%
Rent Per Month
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Apartment (1 bedroom) in City Centre 8,541.44 EG£ 4,264.90-18,000.00
Apartment (1 bedroom) Outside of Centre 4,729.79 EG£ 2,500.00-12,000.00
Apartment (3 bedrooms) in City Centre 14,803.28 EG£ 7,000.00-35,000.00
Apartment (3 bedrooms) Outside of Centre 9,822.22 EG£ 4,500.00-20,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,715.56 EG£ 1,796.66-4,645.11
Price per Square Feet to Buy Apartment Outside of Centre 1,566.05 EG£ 929.02-2,787.07
Salaries And Financing
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Average Monthly Net Salary (After Tax) 6,943.87 EG£
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 14.23 8.00-22.00

These data are based on 653 entries in the past 18 months from 111 different contributors.
Last update: October 2024
Our data for each country are based on all entries from all cities in that country.

Sources and References
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