
Different Real Estate investment strategies in Egypt
The Most Efficient Real Estate Investment Strategies
If you want to invest in property in Egypt, you need to understand the different strategies investors utilize and choose one for yourself!
Here are the best strategies Real estate Agents in Egypt recommend :
1)Buying at the launch :
This is the most common and most known strategy. You either buy a property at the launch or in Events like CityScape and Pyramids. Usually, these events have special offers and discounts. When you buy a property at the launch, you could save between 5% to 10% on the property price. If you can pay cash, you could save up to 30% on the price. If you add all that together, you could save up to 40% on a unit price.
After You Receive the unit, you can sell the unit and make a profit. OR you could wait until people start moving in and sell the unit for much more! the unit price will increase, the more the compound grows and services develop.
2) Buy a property in a new destination
We’ve established that buying at the launch is the smartest move you can make! Another investment strategic plan is buying a property that’s essentially in the middle of nowhere! that doesn’t mean you want to buy a property in the middle of the desert, you want to buy a property that will be an essential, lively area in a couple of years. Generally speaking in Cairo everything is moving East towards the New Capital. This means that buying a property now, in an area that’s not liveable, is a smart move. This is what happened with compounds like Mivida and East Town, the area is now called “the golden square”
3) Buy commercial units
Investment in Commercial units – like shops and stores- comes in limited numbers. This means that the demand will be high. You can also rent these units for very high and sell them for even higher numbers when you decide it’s time to move onto the next big thing
4) Don’t buy a unit when it’s at its peak!
A unit value keeps increasing until it reaches its peak. This usually depends on how old the compound is and how many services there are. This means that: if the compound is already established and almost sold out buying a property is a little redundant. The unit price is not likely to increase- especially if people are not happy living in the said compound are there is a lot of negative WOM going on.