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Lease Purchase Apartments 2026 plan
The Egyptian Ministry of Housing has announced the launch of 5,000 housing units under a rent-to-own system as part of the government's plan to increase housing opportunities for citizens. The selected units will be distributed across 25 new cities, with a ownership period of 20 years during which rent payments will continue; final ownership will be granted after the period ends, according to approved conditions. Among the requirements: applicants must be between 21 and 45 years old, must not have previously owned a property, and must meet income criteria along with providing a security deposit equivalent to three months' rent. Currently, the rent amount and official start date of the booking have not yet been announced, and details will be specified in the terms and conditions booklet, which will outline all rules and procedures. A quota of 5% of the units is allocated for people with special needs, and beneficiaries will be selected through a public lottery, with submission of all necessary documents and fulfillment of conditions required for participation.
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