Alexandria Real Estate ... 
  Should I rent or buy a property in Alexandria?
Egypt Travel and Hotel Guide

Alexandria Real Estate Calculator

Finding a Home In Alexandria
If you plan to rent or buy a property in Alexandria, finding your property will be a major step in your relocation to Alexandria. If you have not lived in Alexandria, you should rent rather than buy your property in Alexandria, at least for six months. If you would like to rent or buy a real-estate property in Alexandria you may email us at webmaster@egypt-travel-guide.de with your real-estate questions.




It is the best way to know not only if Alexandria is the place you want to live or retire for the next few years, but also if Alexandria is suited for you.

Apartments & Houses in Alexandria
If you are planning on living in Alexandria, it is likely that you will be living in an apartment/condo versus a house.

Please make sure that modern equipments, such as electricity and water should function to the maximum. Please double-check and make sure electrical outlets are located in every room and functioning.

Make sure you turn on the water and make sure that hot and cold water is functioning and flush the toilet, turn on the shower. Don’t count on real-estate agents in Alexandria to point out the negatives of a place they’re trying to rent or sell you.

Alexandria Agencies
Real-estate agencies in Alexandria advertise in local Alexandria newspapers and as well on their office windows.

You should be able to notice a real estate agency in Alexandria by the window full of ads for the different apartments or houses they have available for rent or sell in Alexandria.

Before you begin working with an agency in Alexandria, check that their fees are acceptable and that they are a member of the Alexandria Real-estate Assocation. In most rental agreements in Alexandria most agencies charge a month’s rent for a twelve-month rental agreement.

When selling a property in Alexandria, real-estate agents in Alexandria usually charge between 2.5% and 3% of the final sales price.
Monthly rent Alexandria:€
Monthly Alexandria rental insurance:€
Expected annual inflation rate in Alexandria:  %
Purchase price of property in Alexandria:€
Down payment amount:€
Length of Alexandria mortgage term (years):#
Alexandria Mortgage's annual interest rate:  %
Discount points on purchase of home in Alexandria:  %
Origination fees:  %
Other loan costs in Alexandria:€
Mortgage Insurance (PMI):  %
Alexandria Homeowner's insurance rate:  %
Monthly association dues in Alexandria:€
Average monthly maintenance of Alexandria property:€
Alexandria Annual property tax:€
Alexandria plus government income tax rate:  %
Interest rate you expect to earn on savings in Alexandria:  %
Expected percentage your Alexandria home will appreciate by each year:  %
Number of years you will stay in Alexandria:#
Alexandria Realtor commission rate:  %
Total estimated cost of renting a property in Alexandria:€
Total estimated cost of buying a property in Alexandria:€
After coming to an agreement on a rental or purchase, both parties in Alexandria sign the contract. However, it is not a legal agreement until the appropriate seals of the city of Alexandria with a tax stamp has been purchased and affixed to ther agreement. You have to make sure before finalising the lease or purchase that the official seal of Alexandria will be affixed to the agreement.

Renting
Real estate agencies in Alexandria are the safest way if you want to rent or buy a property in Alexandria. Please make sure they are a licensed agent in Alexandria and very familiar with the Alexandria property market.

Local newspapers in Alexandria also advertise apartments and houses for rent, but word of mouth is the best way in Alexandria. If you are currently an academic in Alexandria, you could check local at local universities in Alexandria, where apartments or rooms for rent are commonly posted.

In general rental rates in Alexandria, increase by a small percentage each year in accordance with the government’s annual cost of living reports in Alexandria. You can find yearly leases in Alexandria, and more short-term housing is available near academic institutes or around tourism areas within Alexandria.

Short-term tourist housing in Alexandria is fully furnished and most of the time fully equipped. If you have the budget, you could rent a serviced apartment in Alexandria.

If you want to buy a property in Alexandria, I would highly suggest you to have the property checked out by yourself and hire a lawyer in Alexandria to check how much debts the property has currently registered and if those numbers matched with the seller of the property in Alexandria.

If you are buying a brand new property, you’ll need to pay property tax in Alexandria. If your purchase is a luxury property, you may have to pay local taxes in Alexandria and possible stamp duty.

Even as a non-resident homeowner in Alexandria, you may become liable for all kind of taxes in Alexandria, including income tax.

Alexandria Mortgages
If you plan to take a mortgage in Alexandria you need at least a 20% downpayment of the purchase price of the property in Alexandria. Even if you generate rental-income from renting your Alexandria property out, it is not considered by most lenders as you may decide to move in, at a later time.

The Alexandria Real Estate calculator will help you to compare the costs of renting a house or condo in Alexandria to the costs of buying a house or condo in Alexandria. Since there are all kinds of forces at work behind the scenes such as the current interest in Alexandria, Alexandria property taxes, tax savings, appreciation in general to investments in Alexandria, comparing the cost of renting to the cost of buying in Alexandria is a lot more complicated than just comparing the monthly mortgage payment to the monthly rent payment.

The Alexandria Calculator attempts to forecast the net effects of all the hidden forces so you can make an informed decision before buying or renting a property in Alexandria.

Help Buttons: For pop-up explanations of any of the entry fields, click the radio button next to the description.

NOTE: Be sure to enter "0" (zero) in any entry boxes that don't apply to you. Also be sure that only numbers and decimal points are entered into the fields.

Property Types in Alexandria

  • Alexandria Multi-Family
    Traditional, multi-family residential complexes located in Alexandria and suburban markets of Alexandria.


  • Alexandria Mixed-Use
    Properties in Alexandria that integrate and combine residential with different uses, including retail and office spaces.

  • Alexandria Office
    Traditional office or office type properties in Alexandria.


  • Alexandria Retail
    Properties in Alexandria with a mix of tenants that meet the convenience needs of neighborhood residents, including video stores, grocery, and financial services companies within Alexandria.


  • Alexandria Light Industrial
    Single- or multi-tenanted spaces in Alexandria used for warehouse, manufacturing, distribution, or research and development in Alexandria.

Hurghada Real Estate - Cairo Real Estate - Aswan Real Estate - Giza Real Estate - Sinai Real Estate - Alexandria Real Estate - Sharm El Sheikh Real Estate - Port Said Real Estate - Dahab Real Estate - Nuweiba Real Estate - Luxor Real Estate - Taba Real Estate - El Gouna Real Estate

(C)opyright 2005 ~ 2006 - www.egypt-travel-guide.de, All Rights reserved.
Please email us your feedback to webmaster@egypt-travel-guide.de