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The Media Center of the Council of Ministers has announced a new offering of rental residential units in Egypt, aimed at meeting the needs of youth and groups unable to own property. The initiative includes 15,000 housing units distributed across new cities, the Presidential initiative "Decent Life," and governorate branches, at affordable prices with a three-year rental period extendable to ownership through mortgage financing. The program seeks to provide flexible housing alternatives and diversify the types of units to satisfy social needs, with applications available via the Egypt Digital platform under specific conditions, such as the applicant being a young person under 35 years old. This pilot phase aims to gauge demand and improve rental programs in the future.
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