In a survey conducted in 2023 amongst GCC nationals revealed that nearly half of respondents who had 500 thousand U.S. dollars or more of investible wealth intended to buy a property in Egypt; either as a second home, or to use it as a vacation home. On the other hand, those with under 100 thousand U.S. dollars in investible wealth intend to buy property in Egypt as an investment or to rent out.
Distribution of reasons of GCC nationals making residential property purchases in Egypt in 2023, by wealth level
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Knight Frank. (September 25, 2023). Distribution of reasons of GCC nationals making residential property purchases in Egypt in 2023, by wealth level [Graph]. In Statista. Retrieved September 26, 2024, from https://www.statista.com/statistics/1485232/gcc-share-respondents-reason-buy-residential-property-egypt-by-wealth-level/
Knight Frank. "Distribution of reasons of GCC nationals making residential property purchases in Egypt in 2023, by wealth level." Chart. September 25, 2023. Statista. Accessed September 26, 2024. https://www.statista.com/statistics/1485232/gcc-share-respondents-reason-buy-residential-property-egypt-by-wealth-level/
Knight Frank. (2023). Distribution of reasons of GCC nationals making residential property purchases in Egypt in 2023, by wealth level. Statista. Statista Inc.. Accessed: September 26, 2024. https://www.statista.com/statistics/1485232/gcc-share-respondents-reason-buy-residential-property-egypt-by-wealth-level/
Knight Frank. "Distribution of Reasons of Gcc Nationals Making Residential Property Purchases in Egypt in 2023, by Wealth Level." Statista, Statista Inc., 25 Sep 2023, https://www.statista.com/statistics/1485232/gcc-share-respondents-reason-buy-residential-property-egypt-by-wealth-level/
Knight Frank, Distribution of reasons of GCC nationals making residential property purchases in Egypt in 2023, by wealth level Statista, https://www.statista.com/statistics/1485232/gcc-share-respondents-reason-buy-residential-property-egypt-by-wealth-level/ (last visited September 26, 2024)
Distribution of reasons of GCC nationals making residential property purchases in Egypt in 2023, by wealth level [Graph], Knight Frank, September 25, 2023. [Online]. Available: https://www.statista.com/statistics/1485232/gcc-share-respondents-reason-buy-residential-property-egypt-by-wealth-level/