New Cairo, a master-planned city located to the east of the Egyptian capital, has emerged as a hotspot for real estate investment. With its modern infrastructure, gated communities, and a plethora of amenities, New Cairo is attracting a growing number of investors and residents alike. In this blog post, we'll explore the potential of real estate investment in this burgeoning city.
The Rise of New Cairo
A Planned Urban Triumph
New Cairo represents the future of urban living in Egypt. As a planned development, it's designed to alleviate congestion from Cairo's traditional city center and provide a high standard of living. The area covers approximately 70,000 acres and is strategically placed between the rich history of Old Cairo and the developing New Administrative Capital.
A Hub for Luxury and Comfort
The city is characterized by its luxurious residential compounds, expansive green spaces, and wide boulevards. It's home to some of the most prestigious housing developments in Egypt, such as Katameya Heights, Eastown, and Hyde Park. These communities offer a range of housing options, from high-end villas to stylish apartments, paired with top-tier security, sports clubs, and recreational facilities.
Investment Opportunities in New Cairo
Residential Real Estate
Investing in residential properties in New Cairo is a popular choice. The demand for quality housing is driven by Cairo's growing population and the desire for a modern lifestyle. Residential units in New Cairo promise substantial rental yields and appreciation given the city's continuous growth and development.
Commercial Properties
Commercial real estate is another avenue with significant returns. New Cairo is becoming a business hub, with many multinational companies and startups setting up offices in the area. Investing in office spaces, retail outlets, or mixed-use developments can be lucrative, especially as the city's business sector expands.
Off-Plan Investments
Off-plan properties, where investors purchase during the construction phase, are prevalent in New Cairo. These investments can be highly beneficial, offering lower initial prices and the potential for capital gains once the projects are completed. However, it's essential to buy from a reputable developer to minimize risks.
Why Invest in New Cairo?
Strategic Location
New Cairo's proximity to major roads and the airport, as well as its location near the New Administrative Capital, positions it strategically for growth. It's expected to benefit from the spill-over effect as the new capital develops.
Quality of Education and Healthcare
The city boasts several international schools and universities, attracting families who prioritize education. Furthermore, the presence of high-quality medical facilities makes New Cairo a desirable place to live.
Government Support
The Egyptian government's focus on developing new urban areas has led to investments in infrastructure and services in New Cairo, enhancing its appeal for investment.
Considerations for Investors
Market Research
Understand the market conditions, property values, and trends in New Cairo. Research helps identify the best locations and property types for investment.
Legal Framework
Navigating the legal aspects of property investment in Egypt can be complex. It's advisable to consult with legal experts to ensure all transactions comply with local laws and regulations.
Long-Term Perspective
Real estate investment often requires a long-term perspective. In New Cairo, the market is expected to mature as the city develops, which can lead to significant long-term benefits.
Conclusion
Real estate investment in New Cairo offers a wealth of opportunities for those looking to capitalize on Egypt's urban development. With its planned infrastructure, luxurious lifestyle, and potential for growth, New Cairo is a promising destination for both residential and commercial real estate investment. As with any investment, due diligence and professional advice are paramount to a successful venture in this dynamic new city's market.
El Mostakbal City Location
Mostakbal city is characterized by its strategic location among New Cairo, Madinaty, El Shorouk city, and Badr city on the Misr-Ismailia Desert road.
It's 3 kilometers away from El Shorouk city and 5 kilometers from Obour Market, and it's near all the roads and transportation where you can easily move in Cairo and its surrounding districts.
More information about Properties for sale in Mostakbal City
Feature and Services of El Mostakbal City
- El Mostakbal city is a wide city established in 1.25 million population, and it contains many residential units and it will solve the overpopulation and crowdedness of the cities.
- It includes many residential compounds that provide all the services and utilities for the residents to feel the home.
- Various schools that suit all the families' needs in educating their kids as you will find the Sports Military School, Al Abtal Experimental School, 25 January School, and also there are various international schools.
- It depends on the modern ways in lightning, as it uses solar energy.
- The city has two gates, one of them on Misr-Ismailia Desert road and the other one on El Shorouk city road.
- It's called the green city as the green spaces and landscapes occupy 50% of the total space.
- Sun Mall Al Mostakbal for all the lovers of shopping and many commercial markets.
- 4 sports clubs with all the playgrounds.
- It provides many kids areas.
- There are many restaurants and cafes.
- Medical centers that work 24 hours a day.
- Pharmacies
- Security, safety, and security cameras.
- Private garages.
- The best prices' offers and payment facilities.
- The Ridge Villas:
Al Ahly For Real Estate Development – Sabbour, after deep consideration, decided to launch its newest project
–The Ridge Villas– in the heart of the mesmerizing Mostakbal City, in order to pamper its clients and offer them the best experience.
The Ridge is a villas only community that governs a lavish luxury life to all its residents. The compound embraces villas, townhouses, and twin houses that are impeccably designed and allow the home owners to live in harmony with nature. All of The Ridge’s units are available at competitive prices with only 10% down payment and the rest is to be paid in installments over 8 years.
Residents of The Ridge Villas will enjoy many services and facilities, including those of El Mostakbal City, such as the largest covered hall, educational institutions, a commercial area, landscape and water features, recreational areas, health facilities, and hotel services.
- The City Of Odyssia:
Al Ahly for Real Estate Development introduces its latest sustainable project by the name of Odyssia in the heart of the captivating Mostakbal City. The project has a prime location as it’s just a few minutes away from both AUC and New Capital City.
Odyssia offers an environment that allows its residents to enjoy the perks of life, captures their imagination and broadens their horizons.
The City Of Odyssia introduces remarkably designed apartments, twin houses, townhouses and villas that overlook the stunning greenery.
Odyssia promises an ideal experience through all the amenities and facilities it features from the business district to the educational facilities, retail area, sports facilities, amphitheater and the multipurpose hall.
- Bloomfields:
Bloomfields is the brand new luxurious residential compound by Tatweer Misr. It’s located in Mostakbal City just 15 minutes away from AUC and 10 minutes away from the New Capital City.
Bloomfields is the compilation of indulgence and lavish living. It introduces the perfect balance between nature’s beauty and urbanisation as it consists of neighbourhoods clustered in a leaf shape and surrounded by the mesmerising landscape, thus, providing a sense of elegance and a connection with nature.
Bloomfields offers a wide variety of homes that maintain privacy and ensure spaciousness including: ground villas with lush gardens, sky villas with floating pools, twin houses with roof terraces, gracefully appointed roof townhouses, VIP apartments and flying residences.
- Haptown:
Haptown is the latest mind blowing project by Hassan Allam Properties in the heart of Mostakbal City. The compound is found in close proximity to Cairo-Suez highway, Road 90 and Cairo-Sokhna highway.
Haptown is the most complete city as it provides anything a resident could think of whether it’s a home, an office space or an investment opportunity. It also features bicycle and pedestrian paths, leisure and retail areas and open spaces, thus, making every single wish and desire come to life.
Haptown cares about the comfort and luxury of its residents so it offers heartwarming cozy homes that vary from studios to apartments, duplexes, penthouses, twin houses, townhouses and villas.
Bloomfields is an integrated project that features various services and facilities to meet the residents’ everyday needs such as: swimming pools, kids’ areas, tennis courts, gyms and an international educational zone.
IL Bosco City Compound
Location: It's located in Al Zahabi Square.
About IL Bosco City Mostakbal City: It is for all the lovers of the charming nature and the wonderful view on the Green Nile where you will find the elegant residence, services, special utilities, and the architectural design as it's classified from one of the best compounds in El Mostakbal City.
The Compound Space: It was constructed on 268 acres.
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The units' types: vary among the apartments, twin houses, and penthouses.
Price per meter: starts from 10,800 pounds.
The apartments' spaces: start from 140 up to 175 metes.
Twin houses space: starts from 197 meters.
Penthouses space: starts from 235 meters.
The Previous Projects of the Developer:
Misr Italia is the owner company and it has many achievements inside the real estate market like La Nuova Vista New Cairo, IL Bosco Administrative Capital, Vinchi Compound, Kay North Coast and many other projects.
Zizinia Mostakbal City
Location of Zizinia Compound: It's located on the extension of Teseen Street in Fifth Settlement.
About the project: it provides the wonderful architectural designs in the residential units with integrated services and amenities in the middle of the green spaces and landscapes to find your self living the elegant life in the charming natural climate.
Zizinia New Cairo Space: was constructed on 70 acres where 20% of the total space was allocated for the buildings and the remaining space for the green spaces.
The units' types: vary between apartments and penthouseS.
Price per meter: starts from 7900 up to 8900 pounds.
Apartments Space: start from 160 meters.
Penthouses space: Start from 568 meters.
The previous projects of the developer:
Ardic for real estate development is the owner and it's one of the largest companies in Egypt as it was established since 1998 and its successful projects include:
Zizinia Garden Compound - Zizinia Rose Compound - Zizinia Flowers Compound and other projects.
Payment Systems: 20% downpayment and the remaining via installments up to 6 years
L'avenir Compound
L'avenir Sabbour Location: It's located between El Shorouk city and New Cairo.
About the project: It is one of the highest compounds in El Mostakbal City, you will find the quiet and green spaces, artificial lakes, services, utilities, and also all the entertainment activities that make you feel happy.
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L'avenir New Cairo Space: It was executed on 600 acres.
The units' types: vary among the apartments, duplexes, and twin houses.
Price per meter: starts from 8,000 pounds.
Apartments Space: start from 120 up to 265 meters.
Twin houses Space: start from 280 meters.
The previous projects of the developer: Sabbour for real estate development is the owner company and it's of the largest companies in Egypt and its owner is Hassan Sabbour and it was established since 1898 and has many successful projects and it always cared for choosing the perfect location as most of its projects are located in El Mostakbal city, Ain El Sokhna, Sharm El Sheikh, the North Coast, 6th of October city. and aliva (mountain view)
Payment Systems: 5% downpayment and the remaining via installments up to 7 years.