Property Prices in Alexandria, Egypt

Index Info
Price to Income Ratio: 19.85
Mortgage as Percentage of Income: 340.41%
Loan Affordability Index: 0.29
Price to Rent Ratio - City Centre: 21.05
Price to Rent Ratio - Outside of Centre: 25.62
Gross Rental Yield (City Centre): 4.75%
Gross Rental Yield (Outside of Centre): 3.90%
Rent Per Month
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Apartment (1 bedroom) in City Centre 5,666.67 EG£ 5,000.00-8,000.00
Apartment (1 bedroom) Outside of Centre 3,062.50 EG£ 2,500.00-4,500.00
Apartment (3 bedrooms) in City Centre 10,777.78 EG£ 7,000.00-20,000.00
Apartment (3 bedrooms) Outside of Centre 6,500.00 EG£ 3,500.00-10,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,479.33 EG£ 1,579.34-4,645.11
Price per Square Feet to Buy Apartment Outside of Centre 1,718.69 EG£ 929.02-2,787.07
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,690.39 EG£
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 16.50 10.00-20.00

These data are based on 103 entries in the past 18 months from 20 different contributors.
Last update: November 2024

Sources and References
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