The demand for homeownership in Egypt has been exponentially increasing, as a result of the growing population, urbanization, and aspiration for financial stability through property investment. However, homeownership seekers face significant challenges in finding the right property and securing financing.
The Egyptian real estate market is characterized by rising property prices and complex legal frameworks surrounding property rights. Additionally, securing financing can be difficult due to high interest rates and strict loan approval processes. These factors have made it increasingly hard for many Egyptians to achieve their homeownership goals.
Bayut, a leading property portal, has partnered up with Bedaya Mortgage, a non-bank mortgage provider, to streamline finding the right property and getting a mortgage. Through this collaboration, potential homeowners can benefit from Bayut’s extensive property listings, providing a wide range of options, while Bedaya offers flexible mortgage plans designed to make financing more accessible. This partnership aims to ease the burdens of property searches and financing, helping individuals achieve their homeownership dreams easier.
Bayut is a user-friendly properties portal that offers a diverse range of properties listings across Egypt. It provides a seamless home-buying experience through a hassle-free interface that enables home buyers, rentals, and property investors to explore a wide range of residential apartments, villas, and commercial properties. The platform includes listings from developers and brokers, giving users access to up-to-date information on property prices, locations, and features with advanced search filters, interactive maps, and detailed property descriptions.
Bedaya Mortgage Finance is Egypt’s first non-bank mortgage provider offering digital mortgage financing facilities. The company offers seamless mortgage financing solutions for clients looking to purchase residential and commercial properties in Egypt. With the fastest turnaround time in the market and a seamless digital mortgage platform, Bedaya works with clients as true partners to deliver tailored mortgage solutions to its ever-growing client base. Bedaya was founded in 2019 as a joint venture between EFG Hermes, GB Capital, and Talaat Moustafa Group.
Through this partnership, homebuyers can search for properties on Bayut and instantly calculate installment plans using Bedaya’s mortgage options. This integration enables users to explore properties that suit their budget while simultaneously reviewing their financing options, making the entire process more convenient and transparent.
This collaboration fills the gap between searching for the perfect property and securing the right financing besides empowering buyers to make confident, informed, and calculated decisions.
