📍 Ultra Cheap Real Estate with FREE Second Citizenship (On Location Tour)

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In this video, we explore real estate opportunities in Cairo, Egypt, particularly focusing on affordable properties and the country's recently expanded citizenship by investment program. Mr Henderson visits various neighborhoods, including Zamalek and New Cairo City, highlighting both the benefits and challenges of investing in these areas.

00:00 Start
01:47 First Property in Zamalek
05:12 Second Property in Zamalek
04:38 Challenges of Filming and Property Market Observations
09:32 Third Property in Zamalek
13:07 Introduction to Maadi
14:30 Tour of a Property in New Cairo City
18:07 Final Thoughts and Reflections

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DISCLAIMER: The information in this video should not be considered tax, financial, investment, or any kind of professional advice. Only a professional diagnosis of your specific situation can determine which strategies are appropriate for your needs. Nomad Capitalist can and does not provide advice unless/until engaged by you.

[ISeeFurther]

Your intuition is right in that Zamalek is a great place for properties that retain value, and that New Cairo and. the "compounds" in general are fairly overvalued. There is just too much supply in the luxury compound market.

That being said, if you actually want to live in Egypt, and would prefer a more "western" lifestyle, there are. places in New Cairo and Sheikh Zayed City where compounds or even standalone properties are good at retaining value.

I also appreciate how, unlike many other westerners, you go to the ground and actually see things for yourself as opposed to parroting reports made by westerners about how "bad" Egypt is. It is not without its problems, but honestly people just harp on about overblown shit they hear from other people without actually checking how things are in reality.

Egypt has great investment opportunities that a lot of investors avoid going into because of their aversion to bureaucracy and corruption, which is understandable honestly. But if you can overcome that and work around it, you stand to make a very good return on your investment .

[ConcealedCourier]

"When was this built?"
"Two hundred and seven"
"... AD or BC?"

[YogaBlissDance]

While I'm not your typical client-- I enjoy the channel and especially that you broke out of the mold and are doing these on the ground videos.

[libbybouvier]

Thank you for feeding the mother cat and her kitten. You are very kind😊

[mjad]

Egyptian here, I have been following you for a while.
I think you should have checked Madinaty and Rehab in new Cairo and El Sheikh Zayed City in Giza.
I live in Madinaty myself and I see a lot of foreigners.

Zamalek is good. Actors and wealthy ppl used to live in Zamalek but the trend is many move to new areas like New Cairo or Sheikh Zayed.

A note, A lot of foreigners actually live in El Gouna which is a coastal city in the red sea.

El Gouna is luxurious and a lot of wealthy people live there at least during the summer.

You may check also the North coast.

I believe Cairo itself is not that good for foreigners to live in. A lot of middle class Egyptian prefer to live in New Cairo or Sheikh Zayed

[jejudo]

I suppose Egypt counts as an Africa country, but I still want to see some more countries in Africa like Kenya, Tanzania, Uganda, Ghana, Nigeria to name a few…

[zackbog]

Overpriced old buildings 300k are more for those is laughable maybe 150k to 200k

[aliaa]

As Egyptian i would like to tell you that real estates in Egypt are over priced and everyone is expecting this bubble to burst any time soon
Maadi is not a good choice anymore even for Egyptians
stick to Zamalek and Garden City and Agoza in Giza or focus on the new areas like new Cairo and new Giza
Compounds are important for foreigners because of security and safety which old Cairo areas lack these days

[F_A]

Spent 3 months in Cairo. It's so dirty and disorganized, traffic is madness, but yeah it's pretty affordable

[morrismak]

Hats off to Andrew for wearing a full suit in the Egyptian heat! Great video! Love the emerging market property viewings

[sprezzatura]

I lived in Zamalek years ago. Absolutely loved it and the Egyptian people. Weekends in Sharm El. shek wonderful. I want Egypt to progress but it can't seem to get out of its own way. But there are definitely signs of Hope and I would consider an apartment there for my portfolio.

[Joshua-hzpm]

I lived 22 years in Egypt and currently have a business in US, Here is the deal:
1) Egypt is safer than before (That is because SISI cracked down on terror*ism and brotherhood) - But after he leaves? no one knows.
2) Healthcare is bad if you use government facilities but if you use private hospitals (For money) it is better.
3) New Cairo living is much better because driving in old Cairo is insane.
4) You can make good friends easily in Egypt but also be aware that there is poverty and bad people / scammers in many areas.

[JasonRuppVlog]

I love this video showing us the real info right on the ground. 👍 I have been following your channel for years, since the beginning. 👍

[myronbourne]

Please do more real estate videos like this! 👍🏽

[searlearnold]

Wow, that lady is moving to Canada while we're already out and there's a flash flood of talent leaving right behind us.

[vnevala]

I lived in Cairo for a few years in the 90s. It's a love-it-or-hate-it-place. Lots of people hate it, I personally loved it. Zamelek and Maadi are upscale neighborhoods. Zamalek is older, Maadi is newer. The water system in Cairo was built when Egypt was a British protectorate so is very good (unlike in other 3rd world countries). Trash collection is spotty. There are more embassies in Cairo than anywhere else in the world except Washington DC because poor African countries can't afford to send ambassadors all over the place. Their priorities are DC and Cairo where they can interact with the other African nations. This means there are lots of foreigners and numerous American, English, French, German, Italian, Chinese, Russian and Japanese schools. Also good private hospitals. I would remind however that the air quality in Cairo and the surrounding area is terrible with lots of health risks. Also re "glass of wine" on the balcony, remember Egypt is a Muslim country. Wine is available to foreigners but only at special stores when you show your foreign passport. It's also frowned on to drink alcohol openly in front of others. Egypt is very security conscious due to extremism with a lot of guards at buildings. Restrictions on filming are not a surprise. My main concern with Egypt at the moment is geopolitical. Despite appearances, the economy of Egypt is near collapse and Sisi is technically a dictator like Mubarek. There could easily be unrest again soon. If the government falls, the legal regime will also, then how reliable will your property deed be?

[evelynbarry]

would never pay 18 million for that place on Zamelek. Why would you 18 million can get you a very nice villa in new Cairo

[hungo]

Egypt has long been mired in corruption and mismanagement which hinders its economic growth. This move only makes sense for wealthy investors.

[rebeccaedgett]

I always see so many comments elsewhere that Egypt is not safe especially for women. That there is a lot of harrassment. Did you see anything like this when you were there? Also.... make more videos in the "Live Like A King" series! Those are my favorites!

[ngairej]

Egypt is safe. I have lived here for a few years, but as in every country, there are areas you need to avoid. There is a strong police security presence here and unlike in some other countries they are here to protect citizens!