Property Prices in Alexandria, Egypt

Index Info
Price to Income Ratio: 15.00
Mortgage as Percentage of Income: 225.98%
Loan Affordability Index: 0.44
Price to Rent Ratio - City Centre: 17.22
Price to Rent Ratio - Outside of Centre: 13.76
Gross Rental Yield (City Centre): 5.81%
Gross Rental Yield (Outside of Centre): 7.27%
Rent Per Month
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Apartment (1 bedroom) in City Centre 3,235.29 EG£ 2,000.00-6,000.00
Apartment (1 bedroom) Outside of Centre 1,917.65 EG£ 1,000.00-3,000.00
Apartment (3 bedrooms) in City Centre 6,526.32 EG£ 4,000.00-10,000.00
Apartment (3 bedrooms) Outside of Centre 3,605.26 EG£ 2,000.00-5,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,190.84 EG£ 929.02-1,858.05
Price per Square Feet to Buy Apartment Outside of Centre 545.68 EG£ 334.45-929.02
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,115.79 EG£
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 14.17 12.00-17.00

These data are based on 208 entries in the past 18 months from 33 different contributors.
Last update: June 2021

Sources and References
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