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The Ministry of Housing in Egypt has announced an upcoming new offering of lease-to-own apartments as part of the state's plan to provide fully finished housing units at affordable prices. The initiative aims to support groups unable to access traditional mortgage finance. The system focuses on giving citizens the opportunity to own a home after a period of monthly rent, prioritizing married families with children, divorced women and widows, young people about to marry, as well as low-income groups and people with disabilities. Applicants are required to be at least 21 years old and must not have previously benefited from supported housing units or mortgage financing initiatives. The ministry is expected to announce details of the offer, including booking dates and prices, in the coming days.
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