A cheerful young couple play with their dog on a bright green lawn, a child jumps into a swimming pool and an athletic young man swings a golf club and drives a ball into a pond on a verdant golf course. These are some of the images advertising Allegria, a high-end housing development under construction by Sodic, one of Egypt’s leading real estate companies.
Compounds such as Allegria have mushroomed on the eastern and western outskirts of Cairo, offering high-earners luxurious lifestyles that cannot be found in the cramped apartment blocks of the city centre.
Egypt has seen a prolonged property boom over the past five years as developers have tapped into pent-up demand from the affluent higher reaches in society.
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