The Cairo Real Estate Market – Q1 2021
Read our Cairo Real Estate Market – Q1 2021 report for an overview of the office, residential, retail and hospitality sectors in the city.
Cairo’s residential rental market witnessed positive performance in the first quarter of 2021, with some projects exceeding market performance.
Going forward, the sector is expected to witness a boost in demand following the recent announcement by the Central Bank of Egypt (CBE) that it has launched a new mortgage finance programme with a 3% interest rate. The new mortgage financing programme is directed at low and middle-income Egyptians to support their ability to own housing units through long-term loans of up to 30 years with low interest that does not exceed 3%.
Read our latest Cairo Real Estate Market report to find out more.