Egypt has faced a major economic crisis in recent years, stemming from declining hard currency reserves and the collapse of the Egyptian pound’s value against the US dollar. Consequently, investors are seeking robust investments not only to preserve their capital but also to achieve future gains and returns, with real estate investment emerging as the most prominent option to meet this need—is it truly the best current investment? Continue reading to find the answer.
Is Real Estate Investment the Best Right Now?
Real estate ranks among long-term investments, allowing you to preserve capital now and realize gains later. Gold also serves as a popular savings vehicle for many, but its drawbacks include difficulties in secure storage—especially for large quantities—and potential sharp price fluctuations leading to significant losses. Thus, real estate investment remains the best option at present.
Why Is Real Estate Investment Always Recommended?
The following lines outline the advantages of real estate investment to confirm it as the top choice:
Stability
Real estate offers stable investments; despite economic conditions, property values rise over time.
Capital Preservation
Residential properties serve as strong vehicles for preserving capital value, with individuals reaping profits as the property appreciates.
Income Generation
Properties can provide monthly or annual income through renting.
Low Property Taxes
Taxes on real estate are relatively low compared to other investment types.
Access to Financing
Real estate investments may qualify you for bank loans and facilities secured by the property’s value.
Investment Control
Real estate allows control over your asset’s value and timing of sales or purchases, unlike other investments like gold, where prices are dictated by local and global markets.
Why Do Property Prices Always Rise?
Property prices see noticeable increases even amid economic crises due to:
- Rising costs of construction materials, finishes, and labor wages.
- Growing demand for properties.
- Higher interest rates on bank loans, which elevate property prices as development companies finance projects through such loans, increasing costs with rising rates.
Types of Real Estate Investment
Several real estate investment types exist; you can start with what suits your preferences or financial capacity. Key types in Egypt include:
- Residential units.
- Commercial centers and administrative units.
- Medical units.
- Land.
Helpful Tips for Real Estate Investment
The following lines provide useful tips for making the right investment decision:
Select a Reputable Developer
Thoroughly research a developer with a strong reputation and extensive experience when buying new properties.
Choose Property Location Carefully
Well-located properties appreciate upon resale, so avoid isolated or remote areas. Opt for vibrant zones near essential services like malls, hypermarkets, schools, universities, hospitals, pharmacies, parks, recreational areas, clubs, gyms, banks, and ATMs.
Time Purchases Strategically
Optimal buying times vary by goals, but sales slow—and prices dip—at the start of winter and the new school year, making these ideal periods.
Inspect Multiple Times Before Buying
View the property and surrounding areas several times to verify size and nearby services.
Mardev Company: Top Real Estate Developer in Egypt’s Market
Our first tip was choosing a reputable developer, which is why we recommend Mardev Real Estate Development for its 30 years of expertise and stellar reputation. Mardev boasts an impressive track record of standout projects, including its latest:
Menorka Compound in Sheikh Zayed
Spanning 41 acres, offering residential villas starting at 225 sqm with 10-year payment plans.
Menorka Residence Compound in the New Administrative Capital
Covering 17 acres with 17 residential buildings; apartment prices start at EGP 25,000 per sqm.
Sky Light Mall in the New Administrative Capital
Featuring administrative and commercial units starting at 20 sqm.
Start your real estate investment with Mardev and select your ideal unit. For more project details, contact us via the numbers on our website or WhatsApp.
