Apartment

About Apartment in Egypt

Apartments are the backbone of the Egyptian resale market, and the type most buyers start with. They dominate the compounds of New Cairo and Sheikh Zayed as well as the older, better-connected districts of Heliopolis, Maadi and Nasr City, so the same budget buys either a newer unit further out or a smaller one inside the city. Service charges are lower than for villas, resale is faster because the buyer pool is widest here, and a well-placed two- or three-bedroom unit remains the most liquid asset in the market. First-time buyers and landlords compete for the same stock, which is why pricing moves quickly on anything close to a metro line or a good school.