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AROUNDTHE WORLD ALEXANDRIA EGYPT

Alexandria, as the second-largest city in Egypt, is called home by one of the newest international affiliates in the network, Coldwell Banker New Alex of Coldwell Banker Egypt.

Founded by Alexander the Great in 331 BCE, the city of Alexandria in Egypt is the largest city along the coast of the Mediterranean and has a wealth of history and cultural influences. Alexandria was the intellectual and cultural center of the ancient Mediterranean for much of the Hellenistic age and late antiquity, as the home of the Great Library, the largest in the ancient world. It also was home to the Lighthouse of Alexandria, one of the seven wonders of the ancient world. The city today still features many remains and historical structures that reveal the cultural impact of the many different leaders and groups who have ruled the city. Today, as the second largest city in Egypt, it is called home by one of our newest international affiliates, Coldwell Banker New Alex of Coldwell Banker Egypt.

As franchise owner Hussein Younis notes, “the city of Alexandria is a major hub for supporting the national economy of Egypt, so I saw a great opportunity in establishing my real estate business in such a city.” the Mediterranean Sea in in 331 BCE by Alexander Pharos (lighthouse), one of the and the legendary Library vital cultural center of the Greece. city after Cairo. Its location Mediterranean Sea and is 138 western edge of the Nile Delta. It country’s industrial production and beauty.

Younis may be focused on the economic opportunities of a city like Alexandria, but we implore you to also consider the rich history, culture, and culinary highlights that might await you there! Envision yourself walking along the Corniche, or enjoying shawarma at a waterfront café, and read on to learn more about the city of Alexandria.

Alexandria is a port city located on northern Egypt and was founded in the Great. It was the site of the Pharos seven wonders of the ancient world, of Alexandria, and was once the most ancient world, rivaling even Athens, Greece.

The city acts as the second-largest city extends 32 km on the coast of the Mediterranean km northwest of Cairo on the western accounts for two-fifths of the country’s acts as a cultural stage for art and beauty.

Key Facts

POPULATION: 6 million

LANGUAGE(S) SPOKEN: Arabic

CLIMATE: Summers are long, warm, muggy, arid, and clear, and winters are cool, dry, windy and mostly clear.

CURRENCY: Egyptian Pound (EGP)

Industry Facts

TYPES OF ARCHITECTURE: Alexandria is an architecture lover’s dream destination with structures spanning many centuries and styles, from Georgian to Victorian to Mid-Century Modern. The existence of many different communities, such as Italian, Greek, French, etc., brought to life in Alexandria new architectural styles, such as Neo-Classic, Neo-Renaissance, Eclectic, Art Deco, Art Nouveau, and Neo-Islamic.

AVERAGE SALE PRICE: Sale price: 26,000 EGP/ square meter

AVERAGE YEARS IN HOUSE/APT: 5 years https://blog.coldwellbanker.com/coldwell-banker-around-the-world-may-2023/

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