Arab FinanceReal estate experts expect an increase in demand for purchases Real estate in Egypt During the year 2025, the price of real estate units will increase by about 15%.
Experts who spoke to Arab Finance confirmed that the real estate market in Egypt will witness increased growth, especially with the increase in sales of real estate companies, foreign investments directed to Egypt in this sector, as well as government initiatives.
Expectations of increased growth in the real estate field
For his part, Engineer Mohamed Hamza, President and Founder of Bastaha Company, which works in the field of real estate finishing, said that the Egyptian real estate market has witnessed remarkable development in recent years, making it one of the most important, stable and important sectors. As we enter the year 2025, expectations are increasing for increased growth for this vital sector, supported by… With huge sales to major real estate companies, foreign investments directed to Egypt, as well as government initiatives related to this sector, which encourage its development and growth.
In exclusive statements to Arab Finance, Hamza expected an increase in demand for purchasing real estate during the year 2025, whether for the need for housing and moving to new cities where there is less density and better urban organization and planning, or for financial investment, and keeping the financial value stored in owning the real estate unit.
Hamza pointed out that it is expected that real estate prices in Egypt will witness an increase ranging between 10% to 15% in 2025 as a result of several determinants, the most important of which is the improvement and stability in economic performance rates supported by a decrease in inflation rates, taking into account the increase in the cost of building materials as a result of lack of… Stability of global markets with the increasing demand for real estate in new cities, the most important of which is the New Administrative Capital.
Hamza stressed that the most prominent challenges facing the real estate market in Egypt are the high prices of raw materials and the prices of lands offered for sale, along with the high interest rates, and all of these factors will affect the profit margin, leading the price to rise, which the customer will ultimately bear.
Hamza stressed that there are opportunities during the year 2025 for real estate developers and investors, and one of the most important opportunities available to developers and investors in general is to go to areas that include significant support from the government, such as the Administrative Capital and Ras Al-Hekma area, while relying on technology for this support by making tours. Virtual, and the use of augmented reality, which helps the customer make the right decision in the purchasing process for the targeted properties.
Expected prices to rise in 2025
While Engineer Fathallah Fawzi, founder of the Mena Real Estate Group of Companies, Vice President of the Egyptian Businessmen Association, and Chairman of the Association’s Construction Committee, said that the real estate market will witness an increase in prices during the year 2025, affected by the expected rise in the prices of raw materials such as iron, cement, and other building materials, as well as… Increased demand for construction and the facilities recently provided by the state for obtaining building permits.
Fawzi confirmed that there are expected expansions in construction operations outside Egypt, especially Saudi Arabia, which has facilitated many procedures for investment in the real estate field there.
Fawzi pointed out that there are many promising areas in the field of real estate investment in Egypt, such as the New Administrative Capital, the Fifth Settlement, the North Coast, and New Alamein.
Real estate sales in Egypt during 2024 witnessed a record annual growth of 65%, to 2.5 trillion pounds, compared to 1.5 trillion pounds in 2023, according to Tarek Shoukry, head of the Real Estate Development Chamber in Egypt.
The profits of the 10 largest real estate companies listed on the Egyptian Stock Exchange doubled, approaching 30 billion pounds during the first nine months of 2024, compared to thirteen billion pounds for the same period last year.
Related news
