Property Prices in Luxor, Egypt

Find out actual data about & Safety Index in Luxor, Egypt

Price to Income Ratio 12.87
Mortgage as Percentage of Income 181.23%
Loan Affordability Index 0.55
Price to Rent Ratio – City Centre 14.93
Price to Rent Ratio – Outside of Centre 14.72
Gross Rental Yield (City Centre) 6.70%
Gross Rental Yield (Outside of Centre) 6.79%
country data (source The World Bank, 2021)
GDP Per Capita ($) 11,763.00
GDP Growth Rate 4.20%
Population Growth Rate 2.17%

Rent Per Month in Egypt

Apartment (1 bedroom) in City Centre 143.14$ 64.72$ – 258.9$
Apartment (1 bedroom) Outside of Centre 85.96$ 48.54$ – 194.17$
Apartment (3 bedrooms) in City Centre 266.73$ 145.63$ – 582.52$
Apartment (3 bedrooms) Outside of Centre 161.46$ 80.91$ – 323.62$

Buy Apartment Price in Egypt

Price per Square Meter to Buy Apartment in City Centre 473.66$ 291.26$ – 809.06$
Price per Square Meter to Buy Apartment Outside of Centre 281.52$ 161.81$ – 485.44$

Salaries And Financing in Egypt

Average Monthly Net Salary (After Tax) 146.73$ 0$ – 0$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 13.03$ 8$ – 20$

These data are based on 3146 entries in the past 25 months from 232 different contributors.

Last update: August 2023

Our data for each country is based on all entries from all cities in that country.

Property Prices in Luxor in 2023 and 2024 Prediction

Housing costs are an important factor for quality of life in Luxor. According to statistics, the average price per square meter of property in Luxor is around 473$
in the city center and 85$ in outskirts. Rental prices for a one-bedroom apartment in the city center average 143$ per month.
Property price growth has stabilized in recent years, making housing less affordable. Rental yields range from 2%.
While carrying some premium over national averages, overall housing in Luxor remains reasonably priced compared to similar sized cities globally.
This increases disposable income and cost of living for residents.

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