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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

The Giza 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 Giza.

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 Giza

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


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

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


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


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

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