(MENAFN) Egypt's rental properties expected to increase as summer rolls in and Ramadan comes to a close, which is the time when the price of rental properties always grows.
Moreover, rent prices will increase by 25 percent this summer, one of the highest increases witnessed in a long time, depending on tourists flocking in from the Gulf.
Accordingly, the contact with Gulf tourists is established a month before the individual lands in Cairo, and a deposit is paid in advance.
In addition, the cost of renting an apartment in Downtown Cairo costs between USD 0.78mn and USD 0.89mn a month.
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