Alexandria is a major coastal city, Egypt's second-largest city, and is located in northern Egypt, along the Mediterranean Sea, about 220 km (137 miles) northwest of Cairo.
Alexandria benefits from a seafront Corniche, beaches, and a harbor that together create a sought after location with investors and private buyers looking for luxury properties in a key location in Egypt.
Many luxury properties located within upscale developments offer panoramic sea views and direct beach access, which attracts both domestic and international buyers and investors.
Investing in land is one of the oldest and most stable forms of building wealth, with demand increasing as populations grow, especially in growing urban or suburban areas in Alexandria, Egypt.
Undeveloped or raw land also often appreciates due to infrastructure development, zoning changes, or economic expansion nearby.
With planning permission, if required, land in Alexandria, Egypt can be developed with homes, apartments, commercial buildings, farms, or even renewable energy projects, and buying land in upcoming development zones can boost profits as construction demand rises.
Land doesn't require upkeep, repairs, or management, and property taxes and or insurance come much lower than for developed real estate.
Land can be handed down through generations as an investment, while maintaining or increasing in value over decades, and many wealthy families use land ownership to preserve long-term wealth and build generational assets.