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

Cairo Real Estate Calculator

Finding a Home In Cairo
If you plan to rent or buy a property in Cairo, finding your property will be a major step in your relocation to Cairo. If you have not lived in Cairo, you should rent rather than buy your property in Cairo, at least for six months. If you would like to rent or buy a real-estate property in Cairo 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 Cairo is the place you want to live or retire for the next few years, but also if Cairo is suited for you.

Apartments & Houses in Cairo
If you are planning on living in Cairo, 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 Cairo to point out the negatives of a place they’re trying to rent or sell you.

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

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

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

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

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

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

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

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

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

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

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

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

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

The Cairo 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 Cairo.

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 Cairo

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


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

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


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


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

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