After the success of housing projects in many places, a number of them were put up in several governorates, including Alexandria Governorate, where the Minister of Housing, Utilities and Urban Communities announced the launch of a group of prefabricated housing units in Alexandria and other governorates, under the title (Development Initiative for Lower Egypt and Canal Cities).
Alexandria has witnessed a boom in the provision of housing units for free social housing projects, as figures and statistics issued from Alexandria Governorate indicated that 13,392 apartments were provided from 2014 to 2020.
Most important housing projects in Alexandria
Bashayer Al-Khair project lies in Gheit El Enab district. It is the largest national project in Alexandria. It is also the first qualitative leap with the aim at developing slums and transforming them into civilized development areas.
The developers constructed 3 phases of the project so far. They contain all the main services (hospital, bank, shops, nursery, and educational garden). They also include humanitarian center for people with special abilities, and other important basic services. In addition, there are centers for developing the capabilities of citizens and teaching them professional crafts like trade and plumbing.
New Borg El Arab project
New Borg El Arab lies in front of the industrial city in the west of Alexandria, which was established in three phases.
The First phase encompasses 285 buildings with a total of 6,192 housing units.
The Second phase: It includes the construction of 166 buildings, with a total of 2,984 housing units.
In addition to the third phase. It brings the total to the construction of 558 residential buildings with a total of 13,000 units.
The housing unit is 90 square meters, and the units include all services and facilities. To clarify, it’s ready to live in.
These units are made according to the allocation system; which means the priority of the reservation, not the lottery. The citizen gets the housing unit either by paying the full amount or by installments according to the banking conditions.
Other projects in Alexandria
Ministry of Housing, Utilities and Urban Communities also announced other projects in Alexandria. These projects include “Tosson Towers” that exists in Abu Qir area, and in the east of Alexandria. There are also towers at the Kilo 26 area and Umm Zoghio area, as well as west of Alexandria. These towers come with the aim of distributing apartments to low-income people.
The areas of these units range between 63 m2 and 65 m2. The unit price is EGP 110,000 in Tosson Towers, and the sale price in each of the 26 km area and Umm Zoghio area is EGP 65,000 for the residential unit. The payment is divided into batches.
After you got to know the most important areas of youth and free housing projects in Alexandria, we offer you the most important conditions for applying for a residential unit:
- The applicant must be Egyptian.
- His monthly income should not exceed EGP 3,500 in the case of a single person. It also should not exceed EGP 4,750 in the case of a married person.
- The applicant, his wife or one of his minor children, should not have any housing units.
- Not to have previously obtained a housing cooperative support or loan.
- Not exceeding 51 years and not less than 21 years.
- He must be from Alexandria governorate.
- Most importantly, if one of the spouses loses one of the conditions, it causes the other refusal.
*Please note that the prices provided in the article are changeable. In Aqarmap, we are keen on updating the neighborhood price list constantly to keep the consumer up to date in the Real Estate Market and measure demand indicators via Aqarmap Index.