The survey also showed that 98% of people who buy second homes are Egyptians. 54% of people buy in Ain Sokhna, 38% buy at the North Coast, 4% buy in Ras Sidr, and 4% buy in other places. People come to spend school vacation in their second homes in the mentioned areas due to a lack of educational services. People buy second homes as investments to face currency fluctuations as a safe haven and often intend to sell it after prices go up. Can you estimate the percentage of customers to whom second homes are just an investment opportunity?

Source: Daily News Egypt April 03, 2017 09:00 UTC