Alexandria, Egypt
Property prices · 2026 · Africa · Price +12.5% vs 2025
Property price trend in Alexandria (2024–2026)
Property comparison — cities in Egypt (2026)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Alexandria |
|---|---|---|---|---|
| Alexandria | EGP 29,700 | EGP 19,575 | EGP 11,475 | — |
| Cairo | EGP 48,150 | EGP 29,960 | EGP 12,840 | +62.1% |
Other Africa cities (2026)
Frequently asked questions
How much does property cost in Alexandria in 2026?
In Alexandria, the average price per sqm in the city centre is EGP 29,700, and EGP 19,575 outside the centre (2026 data). Prices have risen 35% since 2024.
How much is rent in Alexandria in 2026?
A 1-bedroom apartment in Alexandria rents for approximately EGP 11,475 per month in 2026. A 3-bedroom apartment costs around EGP 18,900/month.
Is it better to buy or rent in Alexandria?
Buying may offer better long-term value in Alexandria. The price-to-rent ratio is 13.0x — it would take approximately 13.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 22.50%.
What are mortgage rates in Egypt in 2026?
The average mortgage rate in Egypt is approximately 22.50% as of 2026. With a price-to-rent ratio of 13.0x, buyers should carefully weigh mortgage costs against rental savings.
How have property prices in Alexandria changed?
Property prices in Alexandria have changed +12.5% vs 2025. Since 2024, prices have increased by 35%. Use the year tabs above to compare prices across years.
What is the price per sqm in Alexandria?
The average property price per square metre in Alexandria city centre is EGP 29,700 in 2026. Outside the centre, expect to pay around EGP 19,575/sqm.