Nominal housing prices also dropped over the year by 11.66% - from the first quarter of 2018. At the moment, the cost of apartments, even in the capital, Cairo, is not so high - $ 831 per square meter.
However, experts expect an improvement in the market. In Egypt, there is a high demand for housing, due to a sharp increase in the number of inhabitants - in recent years, the population of a country of 100 million has increased by an average of 2.5 million people every 12 months.
Purchase and sale of foreign real estate in Egypt on our portal.
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