Commercial property for sale in Cairo
Commercial real estate is a property that has the potential to generate capital gains or rental income. The business market of property in Cairo, as in the whole of Egypt, is segmented by types such as offices, retail, industry and logistics, hotel business and apartment buildings.
Features and current situation in the commercial real estate market
The commercial market in Egypt is fragmented, with many companies in the construction industry. Construction companies are trying to offer new and cheaper options for commercial property in Cairo, Egypt, to meet the demand. Advances in technology, such as new proptech solutions, are stimulating the market by increasing the number of transactions for ex-pats and improving asset management.
Cairo is the financial and business center of Egypt. Despite this, it does not have a Central Business District. Class A office spaces and other commercial spaces for investment, purchase and rental are located on major business arteries, such as 90th Street, where there are also many Class B office spaces. Business parks with first-class office space are located in the western and eastern parts of the city.
The cost of commercial property
Average office rental rates in key areas of Greater Cairo range from 3,916 EGP ($200) per square meter to 6,560 EGP ($335) per square meter per year. Average commercial property prices in Cairo are 157,629 EGP ($8,048).
Up-to-date prices in euros and dollars for business real estate, houses and apartments in Cairo are available for foreigners, buyers and investors in the catalog on the official website.
Commercial property investment in Cairo
Business properties differ from residential real estate because it has the potential to generate profit through capital gains or rental income.
Hotels and resorts are also commercial properties. In addition, they are available in various sizes and styles, from smaller motels to larger luxury hotels. In addition, there are commercial properties for special purposes. A special purpose project may be owned by investors but does not belong to any of the previously mentioned types. Some special-purpose properties include amusement parks, tennis courts and other projects.
Before you decide to buy a business property, you need to pay attention to several factors, the quintessential one being the type of business you are going to start. You should also ask yourself many questions and define your needs. Location is also an important aspect that you should pay special attention to. Moreover, you should not be in a hurry to make a purchasing decision, but conduct a thorough study to find the best option for the deal.
The company's specialists will help you to invest in commercial real estate in Cairo correctly.
Buy a ready business in Cairo
Look for the best houses in Cairo and sought-after locations where you can buy commercial property in Cairo from reputable developers in the catalog on the website. You can familiarise yourself with a wide selection of properties in the capital of Egypt and the experience of professionals in the local commercial industry. They will help you select and safely purchase investment-attractive real estate in the city.