As expected, Egypt is super hot! !
I just returned from Egypt and Saudi Arabia (^^)
prices in egypt,
It seems that the prices of food and cars have soared 2-5 times over the past three years!
This also causes real estate prices to rise.
President Sisi’s re-election seems almost certain!
It seems that there is strong support for the party, and that the election was rigged due to bribery and other factors. lol
⚫Egypt’s “New Capital”
It’s still a huge city!
In addition to the monorail, a high-speed railway was being constructed in the center.
Commercial facilities, government agencies, and universities are operating significantly more than last time.
I can’t express enough the scale of the new capital!
Impressions from those who accompanied me
“There is no reason not to invest.”
“I understand why Kitamura-san speaks so passionately.”
I received such happy words! !
I think Egyptian real estate is a very valuable investment even if it’s a bit of a stretch.
Like everywhere else in Egypt,
Prices are rising rapidly due to inflation, so even if you sell it after a year, you can still expect to make a profit!
It seems that the local people are using this method to sell real estate!
⚫Bank of Egypt
We are currently opening a bank with an interest rate of 19.25%!
For Egyptians, the interest rate of 19.25% is not a big deal, and it seems that the profits from buying and selling real estate are far more profitable. . !