Prices of Apartments in Mahta El Raml average 13,700 EGP per square meter.
100%
Demand level
(Very High)-7.72%
Price change in 12 months
Mahatet El Raml is a neighborhood in Alexandria, Egypt. It has a large public square that contains the main station of the Alexandria tramways. It is one of the main centers for tourism, retail, and entertainment in the city. One of the defining features of Mahatet El Raml is the specialization of vendors along certain streets (e.g. sellers of electrical and electronic equipment congregate in Nabi Danial Street). These vendors also attract tourists, helped by the presence of several hotels, including international chains such as Sofitel, restaurants, and entertainment venues. The Alexandria Opera House and Alexandria Creativity Center, venues for traditional and non-traditional performing arts respectively, are also located in the neighborhood. The neighborhood is close to Saad Zaghloul Square, a distinctive landmark and also the El Qaed Ibrahim Mosque, one of Alexandria’s most known mosques and many historical buildings. There are many apartments and chalets offered for rent or even ownership there, and it is considered a good real estate investment in the case of buying because it is one of the places that vacationers are keen to stay in, whatever the price.