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How to buy property in Egypt from Saudi Arabia (2026 guide)

2026-11-03 · 4Ways

Step-by-step guide for residents of Riyadh, Jeddah and Dammam: ownership rules, residency by investment, bank transfers, power of attorney, and the best areas in Alexandria and the North Coast.

Residents of Riyadh, Jeddah and Dammam are among the most active buyers of Egyptian property: Egyptians working abroad buying a home for family or a summer unit, and Gulf nationals buying holiday homes and rental investments on the North Coast and in Alexandria.

Why Egypt now

  • Prices in Egyptian pounds with a favourable exchange rate for Gulf currencies.
  • Developer payment plans with no interest for up to 7–10 years, no income proof needed.
  • Rental yields of 5–8% and annual price growth above 15% in recent years.
  • Residency by property investment for non-Egyptians.

Ownership rules for non-Egyptians

  • Residential units in compounds and ordinary buildings, and commercial offices, can be bought without prior approval.
  • A single property may not exceed 4,000 m², and must be outside antiquities, military or border zones.
  • Vacant land must be built on within 5 years.
  • Contracts are registered at the Real Estate Registry; pay by bank transfer from abroad in your own name.
  • Residency by investment (2023 decisions): USD 100k buys a 1-year renewable residency, USD 200k three years, USD 300k five years. Thresholds change; confirm with GAFI before relying on them.

Steps from Saudi Arabia

  1. Define the goal and budget; we send three matched options within 24 hours.
  2. Live video viewing, or one organised visit if you are coming on holiday.
  3. Power of attorney from the Egyptian consulate, or e-signature with developers that accept it.
  4. Reserve by bank transfer, contract within two weeks.
  5. Instalments by standing transfer or from an Egyptian account opened remotely.
  6. Handover inspection by proxy and a management company for letting.

Best options

  • Holiday home: chalet in Ras El Hekma or New Alamein.
  • Yearly rental income: apartment in a completed West Alexandria compound (Alex West, Sawary), renting at EGP 20–25k/month.
  • Family home: Smouha (Valore, Skyline, Muruj).

FAQ

  • Can I buy without travelling? Yes, by consular power of attorney or e-signature.
  • Are instalments available to non-Egyptians? Yes, on the same terms in most projects.
  • Can I sell later and transfer the money out? Yes; paying from abroad in your name makes it straightforward.

Talk to a 4Ways advisor on WhatsApp for current availability and prices, or run the numbers in the ROI calculator.

Figures are indicative and change with every launch.

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Prices are indicative and change with every release. Confirm the current offer with a 4Ways advisor.