Best Place to Buy Property
Have you been lately trying to find a new home in one of the best places to live? Did you start looking for all the residential areas all over the town to find the best place to buy a property that offers the best residential projects?
Are you looking for areas with the best rental or residential property markets and which have a high demand for rental property? Do you want a place with residential and commercial facilities to start your life or your business?
Did you know that Egypt has many high-quality property markets in various areas that enable you not only to find a forever home but also to invest in the real estate market?
You got excited and want to more about this aspect of the Egyptian real estate market, right? Then, let us give you this article as a detailed guide to the best places to live and the top residential projects as well as the best place to buy a property to invest in.
We cannot start talking about the best place to buy property and the best residential projects without first asking for the reason behind purchasing this property; will it be for personal use or will it be an investment property for investment use?
In other words, why are you buying this property? Are you buying it to be your new home and buy your property from the real estate market? Or are you buying it to invest in the real estate market and be among the real estate investors who get their profit from the interest rates and rental income?
Why does the reason for purchasing the property matter? Simply because if you are buying a property to be your home, then you need to focus the search on the best residential areas with the highest amenities for any residential project with a convenient location to be easily accessible.
Whereas, if you want to make the best use of the strong economy and the economic growth atmosphere in Egypt as well as the population growth and its growing needs and want to invest then you need to focus on what “the people” look for in their units and not your priorities for buying a property.
Now let us start guiding you towards the best property, the best place to buy property, and the best residential projects. We will be focusing first on the residential properties and then we will talk about the rental properties.
Usually, the first question that jumps to one’s mind when talking about buying a property is the place or location, and here arises the question of the best place to buy a property and the best residential projects.
Let us tell you, the place in which you choose your property matters for many reasons among which are:
Now, let us explore the major top and best place to buy property and the best residential projects. The most recent residential areas are mainly New Cairo, New Administrative Capital, 6th of October, Sheikh Zayed, Mostkbal City, New Heliopolis, and El Sherouk.
Let us talk about each of these areas in a little bit of detail in the following sections.
New Cairo City is one of the top and most sought-after areas in Egypt.Thanks to its central location connecting the whole City making it easily accessible from all over Cairo, the major educational and entertainment facilities it hosts such as the American University in Cairo and Cairo Festival City, and its vast land area of 85,000 acres.
This area has major districts such as First Settlement, Third Settlement, and Fifth Settlement. As well as hosting top compounds-all of which you can find on Nawy’s website-such as:
The New Administrative Capital City is a relatively recent area created to attract investments and millions of visitors each year. The City rolls over 170,000 acres of land and enjoys a central location on the Suez Road.
The City also offers many educational and leisure facilities such as the University of Hertfordshire by GAF and the Egyptian Disneyland.
The major districts in the City include the residential Districts in New Capital R5, R7, and R8, the Government Administrative District, the Business District, and the Cultural District.
As a result, the main compounds and best place to buy property and best residential projects in New Administrative Capital include(and they are all available on Nawy’s website):
The 6th of October City is one of the best away of the crowded City areas in Egypt with a land area of 119.2 thousand acres Giza Governate. The City offers many educational and entrainment facilities such as Gezira Sporting Club, Mall of Arabia, and Misr University for Science and Technology (MUST).
This City enjoys a convenient location overlooking major roads such as Cairo – Alexandria Desert Road, Waslet Dahshur Road,26th of July Corridor, and El Wahat Road. Also, the City features 12 districts, amongst which you can find October Gardens and West Somid.
The best place to buy property and best residential projects in October City-which are all available on Nawy’s website-include:
The Sheikh Zayed City is one of the best districts to live in Egypt with a land area of 10,400 acres. The City features educational and leisure facilities including The Canadian International University, Faculty of Engineering Cairo University and Galleria 40.
The City enjoys a prime location between October City and El Mehwer making it easily accessible through several main roads such as the 26 July Corridor, Cairo-Alexandria desert road, and October Ring Road.
The City features two main districts which are First District and Second District exhibiting top compounds-found on Nawy’s website- such as:
Mostakbal City is a futuristic rapidly growing city rolling over 11,000 acres of land. The City features major educational and leisure facilities such as the Sports Academy, the Global Paradigm International School, and The Arina Strip Mall.
The city enjoys a premium location overlooking the Middle Ring Road and Suez Road, which have easy access to Cairo International Airport and New Administrative City.
The City features 5 main districts on which the major compounds are scattered as follows(and they are all available on Nawy’s website):
The Shorouk City is one of the most environmentally friendly cities in Egypt with a land area of 11,9000 acres. The City features major leisure and educational facilities such as Heliopolis Sporting Club, Kratos Gym Spa, and French University.
The City enjoys a premium location overlooking Cairo-Suez Desert Road, Sadat Road, and Gamal Abdel Nasser Road with proximity to the New Administrative Capital.
El Shorouk City features many districts such as The Seventh District, The Eighth District, the Al Nakheel District, and the First District. The compounds available in the City and on Nawy’s website include:
By now, you know the best place to buy your property, the best residential projects, and the best places to live with the top amenities for a residential project or a residential complex project.
It is time now to know the real estate trends in 2024 and get an insight into the tourism industries and the house prices for rental use.
All the areas and the projects we mentioned above offer a great place to invest your money in rental projects or flipping house projects.
You can also invest your money in touristic projects on the North Coast and other summer destinations.
You can also read more about the investment process in this article: A Guide to Investing with Real Estate Companies in Egypt.
You can now find the best place to buy property, the best residential projects, the best places to live, the top amenities for a residential project and the residential complex project on Nawy‘s premium real estate website.
Thanks to our website and mobile application, you can now easily and seamlessly explore all the options, and get deeper insights into the best place to buy property, the best residential projects, the best places to live, the top amenities for a residential project and the residential complex project in Egypt.
Also, you can make use of the Nawy Now service available for all the best place to buy property, the best residential projects, the best places to live, the top amenities for a residential project and the residential complex project in Egypt that enables you to move immediately and pay later with flexible payment plans.
Finally, don’t forget that thanks to the Nawy Shares website and mobile application, you can start investing in any property with just one click.
We wish you find the best place to buy property, the best residential projects, the best places to live, the top amenities for a residential project and the residential complex project you are seeking to find.
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