Egypt puts up for sale land plots for expats wishing to build cemeteries
The Ministry of Housing and Urban Communities in Egypt has put up for sale cemetery lands for Egyptians abroad in four new cities, priced in dollars, as part of the government’s efforts to counter a severe foreign currency shortage.
CAIRO — Egypt is currently planning to sell land plots allocated for cemeteries, priced in dollars, as part of efforts to make up for the decline of foreign currency revenues in recent years.
On June 6, the Ministry of Housing and Urban Communities put up cemetery lands for sale for Egyptians living abroad in four new cities — New Cairo, Badr City, 10th of Ramadan City and New October City — as part of the eighth phase of the Beit al-Watan project, which consists of developing land plots in various new urban communities in Egypt.
The price per square meter (10.7 square feet) in the cemeteries of the new cities ranges between $80 and $90, with a down payment of $900 in New Cairo or $800 in Badr City.
In total, 10,014 plots of land in these new cities are up for sale.
