Tips, insights, and the latest news on real estate investment in Fayoum and Egypt.
New Fayoum City is one of Egypt’s third-generation cities, established as part of the government’s plan to expand urban development and reduce pressure on older cities. The city was officially established in 2000, with a strategic location along the Cairo–Assiut Western Desert Road, about 15 km from Fayoum City and roughly 100 km south of Cairo.
New Fayoum City is one of the modern urban cities established by the Egyptian government to meet the needs of population growth and reduce pressure on the old Fayoum City. It is located east of Fayoum Governorate, near the Cairo–Assiut Western Desert Road, giving it a strategic location and easy accessibility.
New Fayoum City is considered one of the important new cities in Egypt, representing a significant step toward achieving urban and economic development. The city was established to accommodate population growth and provide a modern urban environment, as well as various services and job opportunities for its residents.
New Fayoum City is considered one of the promising cities receiving great attention from the Egyptian government. It is witnessing the implementation of many residential, service, and investment projects aimed at improving the quality of life and providing job opportunities for young people.
Education is one of the main pillars of development in New Fayoum City. The government is working to provide modern schools and diverse educational institutions serving different educational stages, creating a suitable learning environment and preparing a generation capable of contributing to the city’s future.
The Ministry of Housing has announced the offering of 108 residential land plots in New Fayoum City as part of the “Masaken 7” program, for those wishing to own land and build a home in the new cities. The price per square meter starts at EGP 4,700, while the seriousness deposit is EGP 25,000. The offering also includes 5 plots designated for people with disabilities.
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