Property Rights Index in Egypt compared to Middle East
Egypt: Property rights index
A subcomponent of the Index of Economic Freedom, the property rights index measures the degree to which a countrys laws protect private property rights, and the degree to which its government enforces those laws.
Higher scores are more desirable, i.e. property rights are better protected. Scores are from 0 to 100.
The index also assesses the likelihood that private property will be expropriated and analyzes the independence of the judiciary, the existence of corruption within the judiciary, and the ability of individuals and businesses to enforce contracts.
The Global Property Guide considers protection of property rights as a significant factor affecting the desirability of a residential real estate investment.
Egypt does not publish official house price statistics. The monthly real estate index from a private entity, Aqarmap, are the best available statistics for Egyptian house prices. The Central Bank of Egypt (CBE) is the source of general economics statistics. The CBE releases a quarterly economic review and a monthly statistical bulletin.