As of June 2026, buying an apartment in Alexandria usually means spending around EGP 2.8 million to EGP 3.5 million for a standard resale unit, or about $55,000 to $68,000 and €47,000 to €59,000 at the 14 June 2026 Central Bank of Egypt exchange rate.
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Alexandria is cheaper than many Mediterranean cities, but the city has a very wide price gap between inland family districts and prime sea-view buildings.
The most important thing to understand in Alexandria in 2026 is that the street, building condition and paperwork can matter as much as the neighborhood name.
And if you’re planning to buy a property in this place, you may want to download our pack covering the real estate market in Alexandria.
Insights
- The average apartment price in Alexandria in 2026 is around EGP 3.5 million, but a normal buyer should treat EGP 2.8 million as the more useful median number.
- Alexandria apartment prices in 2026 are highly distorted by San Stefano, Stanley, Gleem and other sea-view areas, where premium listings can cost several times more than inland units.
- A realistic two-bedroom apartment budget in Alexandria in June 2026 is around EGP 3.3 million to EGP 3.4 million all-in, before furniture and renovation.
- For foreign buyers, Alexandria resale apartments often need more cash than expected because many older buildings are not easy for banks to finance.
- Smouha is one of the most important Alexandria apartment markets in 2026 because buyers are paying more for parking, schools, newer buildings and easier daily life.
- Sidi Bishr, Asafra and Miami remain strong budget areas in Alexandria because they combine local rental demand, beach access and lower prices than prestige districts.
- New-build apartments in Alexandria are usually 25% to 45% more expensive than resale apartments, but the premium can be worth paying when title, parking and maintenance are cleaner.
- Running costs in Alexandria look modest on paper, but electricity, air-conditioning and coastal building repairs can make the real ownership cost much higher in summer.
- The biggest risk for a foreign buyer in Alexandria is not always the price, but buying an old apartment with weak paperwork, hidden repairs or unclear building maintenance history.
How much do apartments really cost in Alexandria in 2026?
What's the average and median apartment price in Alexandria in 2026?
As of June 2026, the estimated average apartment price in Alexandria is about EGP 3.5 million, or around $68,000 and €59,000, while the estimated median apartment price is closer to EGP 2.8 million, or around $55,000 and €47,000.
That works out to an estimated average asking price of about EGP 28,000 per m², or around $547 and €473 per m², and about EGP 2,600 per sq ft, or around $51 and €44 per sq ft.
For most standard apartments in Alexandria in 2026, a realistic purchase price range is about EGP 1.8 million to EGP 5.5 million, or around $35,000 to $108,000 and €30,000 to €93,000.
How much is a studio apartment in Alexandria in 2026?
As of June 2026, a typical studio apartment in Alexandria costs about EGP 1.2 million, or around $23,000 and €20,000.
For entry-level to mid-range studios in Alexandria, a realistic range is about EGP 1.0 million to EGP 1.5 million, or around $20,000 to $29,000 and €17,000 to €25,000, while luxury or sea-view small units can reach EGP 2.0 million to EGP 3.0 million, or around $39,000 to $59,000 and €34,000 to €51,000.
Most studio-style apartments in Alexandria are compact units of about 40 m² to 50 m², because the local market is more focused on family apartments than Western-style studios.
How much is a one-bedroom apartment in Alexandria in 2026?
As of June 2026, a typical one-bedroom apartment in Alexandria costs about EGP 1.9 million, or around $37,000 and €32,000.
For entry-level to mid-range one-bedroom apartments in Alexandria, a realistic range is about EGP 1.6 million to EGP 2.4 million, or around $31,000 to $47,000 and €27,000 to €41,000, while high-end or luxury one-bedroom units can reach EGP 3.0 million to EGP 5.0 million, or around $59,000 to $98,000 and €51,000 to €84,000.
Most one-bedroom apartments in Alexandria are about 65 m² to 75 m², although older buildings often use space less efficiently than newer projects.
How much is a two-bedroom apartment in Alexandria in 2026?
As of June 2026, a typical two-bedroom apartment in Alexandria costs about EGP 3.1 million, or around $61,000 and €52,000.
For entry-level to mid-range two-bedroom apartments in Alexandria, a realistic range is about EGP 2.5 million to EGP 4.0 million, or around $49,000 to $78,000 and €42,000 to €68,000, while high-end or luxury two-bedroom units can reach EGP 5.0 million to EGP 9.0 million, or around $98,000 to $176,000 and €84,000 to €152,000.
By the way, you will find much more detailed price ranges for apartments in our property pack covering the property market in Alexandria.
How much is a three-bedroom apartment in Alexandria in 2026?
As of June 2026, a typical three-bedroom apartment in Alexandria costs about EGP 4.7 million, or around $92,000 and €79,000.
For entry-level to mid-range three-bedroom apartments in Alexandria, a realistic range is about EGP 3.8 million to EGP 6.5 million, or around $74,000 to $127,000 and €64,000 to €110,000, while high-end or luxury three-bedroom units can exceed EGP 8.0 million to EGP 15.0 million, or around $156,000 to $293,000 and €135,000 to €253,000.
Most three-bedroom apartments in Alexandria are about 140 m² to 170 m², with larger units common in older family buildings and newer east-side projects.
What's the price gap between new and resale apartments in Alexandria in 2026?
As of June 2026, new-build apartments in Alexandria are typically 25% to 45% more expensive than comparable resale apartments.
New-build apartments in Alexandria often average around EGP 45,000 to EGP 60,000 per m², or around $880 to $1,173 and €760 to €1,014 per m², especially in better managed projects or newer compounds.
Resale apartments in Alexandria often average around EGP 24,000 to EGP 35,000 per m², or around $469 to $684 and €405 to €591 per m², but old buildings with weak maintenance can look cheap for a reason.
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Can I afford to buy in Alexandria in 2026?
What's the typical total budget (all-in) to buy an apartment in Alexandria in 2026?
As of June 2026, a standard foreign-buyer all-in budget for an apartment in Alexandria is about EGP 3.3 million to EGP 3.4 million, or around $65,000 to $66,000 and €56,000 to €57,000, for a normal two-bedroom purchase.
This all-in budget usually includes the apartment price, broker commission, legal checks, contract work, registration handling, translation or power-of-attorney costs, and a cash buffer for utilities or handover fees.
We go deeper and try to understand what costs can be avoided or minimized (and how) in our Alexandria property pack.
What down payment is typical to buy in Alexandria in 2026?
As of June 2026, a foreign buyer using finance in Alexandria should expect a typical down payment of 30% to 50%, which means about EGP 930,000 to EGP 1.55 million, or around $18,000 to $30,000 and €16,000 to €26,000, on a EGP 3.1 million apartment.
Most banks or lenders that work with foreign buyers in Egypt usually require at least 30% down, and many resale apartments in Alexandria still require a full cash purchase because the building or paperwork may not be bank-friendly.
A safer recommended down payment in Alexandria is closer to 40% to 50%, because a larger cash contribution can make the file easier and reduce the risk of delays with older resale properties.
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Which neighborhoods are cheapest or priciest in Alexandria in 2026?
How much does the price per m² for apartments vary by neighborhood in Alexandria in 2026?
As of June 2026, apartment prices in Alexandria range from about EGP 4,000 to EGP 125,000 per m², or around $78 to $2,443 and €68 to €2,112 per m², depending on the neighborhood, sea view and building quality.
The most affordable usable areas in Alexandria include El Amreya, Abu Talat, El Hadara, El Seyouf, Abu Qir, Bakoos, Victoria, Asafra and Sidi Bishr, where many apartments sit around EGP 8,000 to EGP 28,000 per m², or around $156 to $547 and €135 to €473 per m².
The most expensive Alexandria neighborhoods include San Stefano, Saba Pasha, Roushdy, Smouha, Gleem, Stanley and Sporting, where many good apartments sit around EGP 35,000 to EGP 70,000 per m², or around $684 to $1,368 and €591 to €1,183 per m², with branded sea-view units above that.
What neighborhoods are best for first-time buyers on a budget in Alexandria in 2026?
As of June 2026, the top three budget neighborhoods for first-time apartment buyers in Alexandria are Sidi Bishr, Asafra and Victoria.
In these budget-friendly Alexandria neighborhoods, a standard apartment often costs around EGP 1.8 million to EGP 3.5 million, or around $35,000 to $68,000 and €30,000 to €59,000.
Sidi Bishr, Asafra and Victoria offer strong local demand, daily services, transport access and lower prices than San Stefano, Gleem or Smouha.
The main trade-off is that building quality changes quickly from one street to another, so a cheap Alexandria apartment needs careful checks on elevators, damp, title and maintenance history.
Which neighborhoods have the fastest-rising apartment prices in Alexandria in 2026?
As of June 2026, the fastest-rising apartment areas in Alexandria appear to be Smouha, Saba Pasha and San Stefano.
Our estimate is that asking prices rose roughly 20% to 30% in Smouha, 18% to 28% in Saba Pasha and 15% to 25% in San Stefano over the previous year.
The main driver is that buyers in Alexandria are paying more for cleaner buildings, parking, limited prime east-side supply, better management and the scarcity of good sea-view stock.
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What extra costs will I pay on top of the apartment price in Alexandria in 2026?
What are all the buyer closing costs when you buy an apartment in Alexandria?
For a typical EGP 3.1 million apartment purchase in Alexandria, buyer closing costs usually total about EGP 170,000 to EGP 310,000, or around $3,300 to $6,100 and €2,900 to €5,200.
The main buyer costs in Alexandria are broker commission, legal due diligence, contract or notary work, registration handling, power-of-attorney or translation costs, mortgage setup if financed, and possible handover or meter fees for new-builds.
The largest buyer cost is usually the broker commission or the developer maintenance deposit, depending on whether the apartment is a resale unit or a new-build project.
Several costs are negotiable in Alexandria, especially broker commission and who absorbs the seller-side disposal tax, but legal checks and title work should not be skipped to save money.
On average, how much are buyer closing costs as a percentage of the purchase price for an apartment in Alexandria?
In Alexandria in 2026, buyers should usually budget 5% to 8% of the apartment price for closing costs, especially when the property is older or legal work is not straightforward.
A clean resale purchase can be closer to 3% to 5%, while a resale apartment with title complexity or a new-build with a maintenance deposit can reach 8% to 12%.
We actually cover all these costs and strategies to minimize them in our pack about the real estate market in Alexandria.
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What are the ongoing monthly and yearly costs of an apartment in Alexandria in 2026?
What are typical HOA fees in Alexandria right now?
HOA fees are not always called HOA fees in Alexandria, but apartment owners usually pay building service charges, and a normal two-bedroom often costs about EGP 1,000 to EGP 2,500 per month, or around $20 to $49 and €17 to €42.
The realistic range goes from about EGP 300 to EGP 800 per month in a basic older building, or around $6 to $16 and €5 to €14, to EGP 4,000 to EGP 10,000 or more per month equivalent in managed compounds, or around $78 to $195 and €68 to €169.
What utilities should I budget monthly in Alexandria right now?
A typical monthly utility budget for an occupied apartment in Alexandria in June 2026 is about EGP 1,300 to EGP 3,900, or around $25 to $76 and €22 to €66.
The realistic monthly range can be as low as EGP 900, or around $18 and €15, for light use in a small apartment, and as high as EGP 6,000, or around $117 and €101, during heavy summer air-conditioning use.
This monthly Alexandria utility budget usually includes electricity, water, natural gas when connected, internet, mobile service and small TV or building extras.
Electricity is usually the most expensive utility for apartment owners in Alexandria, especially from late spring to early autumn when humidity makes air-conditioning more important.
How much is property tax on apartments in Alexandria?
A typical annual property tax bill for an apartment in Alexandria is often about EGP 1,000 to EGP 6,000, or around $20 to $117 and €17 to €101, for a mid-market taxable unit.
Egypt’s real-estate tax is calculated as 10% of the taxable annual rental value after a 30% deduction for residential units, with exemptions for qualifying private homes.
In practice, annual property tax in Alexandria can be close to zero for some lower-value or exempt homes, and can rise to EGP 10,000 to EGP 30,000 or more, or around $195 to $586 and €169 to €507, for prime or luxury apartments.
What's the yearly building maintenance cost in Alexandria?
A typical yearly building maintenance budget for an Alexandria apartment owner is about EGP 15,000 to EGP 31,000, or around $293 to $606 and €253 to €524, on a normal EGP 3.1 million apartment.
A realistic range is about 0.3% to 0.7% of the apartment value for a newer managed building and 0.5% to 1.0% for an older building, with seafront buildings often needing the higher end.
Building maintenance in Alexandria usually covers elevators, façade repairs, entrance cleaning, roof issues, plumbing, pumps, common lighting, security and occasional coastal damage from salt, damp and wind.
These maintenance costs can be separate from monthly building fees in Alexandria, especially when an older building suddenly needs a major elevator, roof or façade repair.
How much does home insurance cost in Alexandria?
A typical annual home insurance budget for an apartment in Alexandria is about EGP 4,000 to EGP 8,000, or around $78 to $156 and €68 to €135, for contents and basic liability cover.
A realistic annual range is about EGP 2,000 to EGP 5,000, or around $39 to $98 and €34 to €84, for basic contents cover, and EGP 8,000 to EGP 15,000, or around $156 to $293 and €135 to €253, for a higher-value furnished or rented unit.
Home insurance is usually optional for apartment owners in Alexandria, but foreign buyers should consider it when the apartment is vacant, furnished, rented out or exposed to water-leak risk.
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What sources have we used to write this blog article?
Whether it’s in our blog articles or the market analyses included in our property pack about Alexandria, we always rely on the strongest methodology we can, and we don’t throw out numbers at random.
We also aim to be fully transparent, so below we’ve listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why we trust it | How we used it |
|---|---|---|
| Central Bank of Egypt exchange rates | It is Egypt’s official central bank source for exchange rates. | We used the 14 June 2026 USD and EUR sell rates to convert Alexandria apartment prices. We rounded the final numbers so readers can understand budgets quickly. |
| Central Bank of Egypt inflation rates | It is the official monetary source for inflation data. | We used it to explain why nominal apartment prices and running costs are still moving quickly. We treated inflation as context, not as a direct house-price index. |
| CBE CPI press release, May 2026 | It directly reports the latest official urban inflation reading. | We used the May 2026 urban headline inflation figure to anchor the article in June 2026. We used it to frame cost pressure for buyers. |
| CAPMAS Housing Bulletin 2023/2024 | CAPMAS is Egypt’s official statistics agency. | We used it to understand formal housing supply by governorate and sector. We did not use it for Alexandria neighborhood prices because it is not a live transaction database. |
| Real Estate Taxation Authority | It is Egypt’s official real-estate tax authority. | We used it for the real-estate tax formula and residential deduction. We also used it to separate annual tax from buyer closing costs. |
| EGYPTERA electricity tariff | EGYPTERA is Egypt’s official electricity regulator. | We used it to estimate monthly electricity costs in Alexandria. We adjusted the estimate for summer air-conditioning use. |
| Financial Regulatory Authority | It regulates Egypt’s non-bank mortgage-finance companies. | We used it to understand the formal mortgage-finance context. We remained conservative because foreign-buyer mortgage access is still not simple. |
| Aqarmap Alexandria Prices Guide | It publishes useful neighborhood price-per-m² guides for Egypt. | We used it as the main neighborhood price-per-m² reference. We cross-checked it against live listings before using ranges. |
| Aqarmap Alexandria apartment listings | It shows large live apartment supply across Alexandria. | We used it to check listing depth and normal price bands. We did not rely on the cheapest outlier listings. |
| Property Finder Alexandria apartments | It is a major regional portal with live listings. | We used it to validate current asking prices, bedroom counts and apartment sizes. We discounted extreme sea-view listings when estimating normal buyer budgets. |
| Property Finder Alex West apartments | It shows live compound-style listings in Alexandria. | We used it to estimate new-build and managed-project premiums. We compared these prices with resale neighborhoods to estimate the new-build gap. |
| Bayut San Stefano apartments | Bayut is a large regional property portal. | We used San Stefano listings to check the premium end of Alexandria. We used this source to avoid letting luxury prices distort city averages. |
| Bayut Alexandria apartments | It provides another live listing source for Alexandria apartments. | We used it as a cross-check for asking prices and apartment formats. We compared it with Aqarmap and Property Finder before setting ranges. |
| Numbeo Alexandria property prices | It gives transparent user-entry counts and rental-yield indicators. | We used it only as a secondary affordability and rental-yield cross-check. We did not use it as the main sale-price source. |
| Numbeo Alexandria cost of living | It provides current local cost inputs with update dates. | We used it to cross-check utilities and everyday costs. We adjusted the utility estimate upward for foreign buyers using air-conditioning and internet. |
| Egypt Real Estate Platform foreign-buyer guide | It focuses on legal steps for foreigners buying in Egypt. | We used it to frame buyer due diligence and registration checks. We kept the article simple because the reader is not a real-estate professional. |
| Daily News Egypt inflation coverage | It reports current Egypt macroeconomic news. | We used it as a media cross-check for the official CBE and CAPMAS inflation release. We did not use it instead of the official source. |
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