المصري اليوم
المصري اليوم
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The Egyptian Ministry of Housing has announced the opening of registration for the "Lease-to-Own" (Bayt Al-Omr) programs starting tomorrow, Monday, as part of the housing ownership plan for 2026. The program involves dividing the units according to their value and price per square meter, with subsidized interest rates and payment over a 20-year period. The interest rates vary according to the financial segment, reaching up to 8% for units costing less than one million pounds and 12% for units exceeding two million pounds. A booking deposit between 5,000 and 15,000 pounds is required, fully refundable at the end of the contract term. Additionally, a security deposit equivalent to three months’ rent must be provided, with an annual increase of 10%. Applications are submitted electronically via the "Maskan" platform through procedures that include creating an account or linking it to the Egypt Digital platform, selecting the city and unit, then uploading documents and paying the booking deposit. Allocation will be done through a public draw.
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