Property Prices in Alexandria, Egypt

Index Info
Price to Income Ratio: 14.33
Mortgage as Percentage of Income: 224.29%
Loan Affordability Index: 0.45
Price to Rent Ratio - City Centre: 16.55
Price to Rent Ratio - Outside of Centre: 23.12
Gross Rental Yield (City Centre): 6.04%
Gross Rental Yield (Outside of Centre): 4.32%
Rent Per Month
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Apartment (1 bedroom) in City Centre 5,666.67 EG£ 4,000.00-8,000.00
Apartment (1 bedroom) Outside of Centre 2,560.00 EG£ 1,300.00-4,500.00
Apartment (3 bedrooms) in City Centre 10,333.33 EG£ 7,000.00-20,000.00
Apartment (3 bedrooms) Outside of Centre 4,833.33 EG£ 3,000.00-6,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,912.24 EG£ 1,579.34-2,322.56
Price per Square Feet to Buy Apartment Outside of Centre 1,226.31 EG£ 836.12-2,787.07
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,894.60 EG£
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 14.83 10.00-20.00

These data are based on 72 entries in the past 18 months from 16 different contributors.
Last update: September 2024

Sources and References
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