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Real estate in Al `Alamayn

The Matruh region in the northern part of Egypt is a magnet for international real estate buyers and investors. Al `Alamayn, frequently referred to as El Alamein, should be high on your consideration list if you are in search of a dream house or apartment located in an idyllic setting complete with sun-drenched beaches. This striking town in the Matruh Governorate, characterized by eye-catching coastal stretches and traditional Middle Eastern architectural style, has earned the moniker "The Pearl of the Mediterranean" for its scenic splendor and unique architecture. Before reaching out to a local property agent, take time to understand the real estate market within this region, explore properties in El Alamein which are available for purchase, and get a sense of the cost involved in acquiring a vacation home in such an extraordinary location. El Alamein properties provide an intriguing blend of the traditional and modern, each exuding a unique charm that is quintessentially Egyptian. Its strategic position by the Mediterranean Sea, rich history, and serene environment make it an appealing destination for real estate investment. The diversity of its properties, like the city itself, is vast, ranging from traditional Egyptian villas to contemporary apartments overlooking the sea, offering something for every preference.

Al `Alamayn properties: Market trends overview

The Al `Alamayn real estate market in Matruh, Egypt, has been experiencing consistent price appreciation, piquing the interest of foreign investors and potential homeowners, particularly from Northern Europe, the UK, Germany, and North America. Known for its pristine beaches, Al `Alamayn’s key coastal location perfectly blends a relaxed way of life with an exciting and bustling holiday environment, thanks to its plentiful leisure facilities, golf courses, and its close proximity to the energetic city of Alexandria. Al `Alamayn is characterized by its beautiful beachfront, rich historical background, and superior quality of life. Over the past few years, authorities in Al `Alamayn have significantly increased their investment in the town's development, leading to a diverse assortment of property choices for both local and foreign property hunters. These include stylish and practical townhouses, flats, modern villas, traditional desert properties, and top-tier penthouses. It’s simple to find properties and apartments for sale in Al `Alamayn, Egypt, that suit a range of budgets and lifestyle choices, making this charming seaside town increasingly attractive to foreign buyers.

Average price of a property for sale in Al `Alamayn

What would be the typical price range for properties in Al `Alamayn, Matruh, Egypt? Many elements play a role in determining the cost, such as the type of property, closeness to historic sites and beachfronts, local amenities, as well as personal choices (like the level of luxury, size, and accessibility, and so on). The most recent data indicates that the peak asking price for properties in Al `Alamayn was EGP 25,860 per square meter. The most costly properties are typically located in the downtown area of Al `Alamayn. Conversely, properties in the outskirts of Al `Alamayn tend to be less expensive, with an average price per square meter of EGP 19,428. The current average listing price for a home in this region is approximately EGP 7.2 million.

Types of properties can you find in Al `Alamayn

In Al `Alamayn, Matruh, Egypt, the range of properties available is incredibly varied, encompassing stylish condos, opulent penthouses, exclusive beachfront houses, and classic Egyptian villas. The premier properties for sale are generally located in secured residential developments. An array of 3-4 bedroom condominiums with expansive balconies are available, in addition to two-story houses. Each floor in these multi-level homes comes with its own entryway, spacious outdoor areas, and unique kitchen spaces. Alternatively, you may prefer to choose a newly-built villa situated in a prime location in Al `Alamayn, Matruh, boasting unobstructed sea views, within strolling distance to the beach, making it an idyllic residential setting.