Zamalek, generally considered the most expensive district in which to live in the capital, sees mainly two to three bedroom apartments selling in the range of EGP 2 million to EGP 35 million, with the odd enormous house going for EGP 70 million.
Where do the rich live in Egypt?
Garden City, in addition to Zamalek, Maadi, Mohandessin, and Heliopolis, is one of the wealthy residential districts in Greater Cairo.
What is the most expensive city in Egypt?
- Zamalek District is the most expensive district in Egypt. …
- It is also one of the most affluent districts in West Cairo, overlooking an island at the middle of Nile River called Gezira (The Island of Zamalek)
- Zamalek is a Turkish word, meaning wooden huts or nests according to the Egyptian dialect.
Is Egypt an expensive place to live?
Living in a country like Egypt isn’t so expensive, as you will soon find out, and it is in fact relatively cheap as compared to many countries in the world. … Daily expenses such as transportation cost, feeding, accommodation, security, miscellaneous and many others are quite affordable in Egypt.
How much money do you need to live comfortably in Egypt?
Summary about cost of living in Cairo, Egypt: Family of four estimated monthly costs are 1,472$ (23,125EG£) without rent. A single person estimated monthly costs are 415$ (6,518EG£) without rent. Cairo is 68.54% less expensive than New York (without rent).
What is the poorest place in Egypt?
In fact, Sohag and Assiut have the highest poverty rate in the country, standing at 66%, according to a 2016 report by CAPMAS.
Is Egypt a rich place?
Egypt is the biggest hot spot for elite travelers in 2019. Here’s what it’s like to visit as a billionaire, from luxury resorts on the Red Sea to sold-out cruises down the Nile. … Egypt is rich in history, culture, and luxury, offering a little bit of something for everyone.
What is the best place to live in Egypt?
Egypt’s Top Five Cities to Live in Away From Greater Cairo
- Alexandria. Alexandria is not only an all-season getaway, but also a comprehensive and appealing city to build a life in. …
- Hurghada. Hurghada is another coastal city that, although overlooking the Red Sea, has the elements required to make a life. …
- Mansoura. …
What is the difference between Cairo and Greater Cairo?
Traditionally Greater Cairo refers to three governorates: Cairo, Giza, and Qalubiyah. 6th October and Hulwan were originally part of Giza and Cairo respectively, but in late 2008 they were incorporated as two separate governorates. Map of Greater Cairo in 2011. …
How big is Zamalek?
After the army coup in 1952, the club was renamed Zamalek after the area where the club was situated. The club later moved for the last time to 26 July Street, and occupied an area of 35 acres (140,000 m2) and hosted 24 different sports.
Is $100 a lot in Egypt?
Considering the prices in Egypt , it’s good but not “ a lot” at all , it also depends on what you mean by “ a lot “ , 100 dollars in enough for a family of four in Egypt to have a nice day outside , go to the cinema and have dinner in a mid range restaurant.
Is Egypt really a poor country?
Living standards in Egypt are low by international standards, and have declined consistently since 1990. According to United Nations figures, some 20 to 30 percent of the population live below the poverty line.
What is considered a good salary in Egypt?
A person working in Egypt typically earns around 9,200 EGP per month. Salaries range from 2,330 EGP (lowest average) to 41,100 EGP (highest average, actual maximum salary is higher). This is the average monthly salary including housing, transport, and other benefits.