Diving into the real estate market can feel like diving into a sea of options, right? You hear people tossing around terms like primary units and resale units but what’s the difference Which one is better for you primary or resale?
Today, we’re going to break it all down: what primary and resale units are, the key differences between them, and how to decide which one aligns with your needs, preferences, and budget.
By the end of this, you’ll feel confident about choosing the right path in your real estate journey!
Primary Or Resale: Overview
The Egyptian real estate market is booming, in particular, the residential sector is set to grow significantly. With Egypt’s real estate market growing rapidly, it’s no wonder that buyers and investors are faced with a wide range of options. Among these, one of the most common questions is: Which is better primary or resale units?
To answer this, it really depends on your needs, preferences, and goals. However, what do they mean?
Primary vs Resale: What are the Key Differences?
If you’re exploring Egypt’s real estate market, understanding the difference between primary units and resale units is crucial.
Let’s break it down in a simple way:
What are Primary Properties?
Here are the key things you should know about the primary properties:
- The ones buying a house directly from the development company. When you buy a primary property, you become the first owner of the unit.
- One of the significant advantages of buying primary properties is that developers often offer flexible payment plans. These plans allow buyers to pay in installments over time, making it easier to manage finances compared to paying the full amount upfront. This flexibility is particularly beneficial for first-time buyers or those with limited immediate funds.
What are the Resale Properties?
Secondary or resale units are sold by current owners. They may offer better value in terms of price per square meter compared to primary units.
Now that you know the differences between primary and resale units, you might be wondering: Which is better? That’s what we’ll be talking about below.
What’s Better: Primary or Resale Units?
The choice between primary and resale units depends on your priorities, financial situation, and timeline.
In nutshell:
- Choose Primary Units if you wish to be the first owner of your home and take advantage of exclusive payment plans offered directly by the real estate developer. These properties are perfect for buyers seeking a brand-new living space.
- Choose Resale Units if you need lower initial costs per square meter and want the chance for negotiation. Resale properties often come at a more affordable price point, allowing you to maximize your investment.Additionally, since these homes are typically sold by individual owners, there is often room for negotiation on the price, giving you the chance to secure a better deal. This flexibility can make resale units an appealing option for budget-conscious buyers.
Speaking of the payment options, now you can buy a primary unit and pay for it later with our exclusive service, Nawy Now.
Nawy Now is a mortgage financing system that helps individuals purchase a unit immediately and pay later. This option is convenient for those looking to become homeowners without the hassle of saving up with traditional high mortgage rates.
Did you learn the differences between resale and primary units? So, it’s time to check out the projects in Cairo where you can find primary or resale units for sale, starting with the New Cairo compounds.
New Cairo Real Estate For Sale Units: Top Compounds
You can discover real estate units for sale in New Cairo from either owners or developers in these compounds:
- Mountain View Icity New Cairo
- ZED East
- Palm Hills New Cairo
- El Patio 7
- Acasa Mia
- Villette
- Mivida New Cairo
- Peerage Residence
- Fifth Square Al Marasem
- White Residence
- Solana East
- Elan New Cairo
- Nest New Cairo
- Hyde Park
So, if you’re looking for properties for sale in New Cairo then these compounds are great options.
On the other side of Egypt, specifically in Sheikh Zayed and 6th Of October, there are numerous real estate for sale options available.
Sheikh Zayed & October: Resale and Primary Properties For Sale
This area has seen a significant increase in demand for properties, making it an attractive location for both buyers and investors. Whether you’re looking for a unit direct from the developer or a resale property, Western Cairo offers a diverse range of choices to suit various preferences and budgets.
The top Zayed and October compounds include but are not limited to:
- Solana in New Zayed by Ora Developers
- Elora in New Zayed by Arabia Holding
- Naia West in New Zayed
- Rivers in New Zayed by Tatweer Misr
- Badya by Palm Hills Developments
- VYE SODIC by SODIC
- Swan Lake West by Hassan Allam Properties
- El Patio Vera by La Vista Developments
- Soleya by Inertia Egypt
- Palm Hills Golf Views
- Pyramid Hills by Ora Developers
For those who want to live in Western Cairo and seeking properties for sale in 6th Of October City or Sheikh Zayed, these residential projects above are the ideal choices.
Why Buy Primary or Resale Units For Sale via Nawy?
If you’ve reached this point, you’ve likely decided whether to purchase a primary or resale unit. Now, let’s address the key question: Why should you buy through Nawy?
- Dedicated Property Consultants: Nawy provides expert property consultants who guide you through every step of the buying process, ensuring you make informed decisions.
- Exclusive Services: We offer a range of exclusive services, including Nawy Now and Nawy Shares
- Seamless Transactions: Nawy’s tech-powered platform ensures a smooth and hassle-free experience, from searching for properties to completing the purchase.
To Wrap Up
By weighing these factors, you can determine which option aligns better with your needs, budget, and timeline. Both primary and resale units have their unique advantages, so the choice ultimately depends on your priorities.
Looking for a primary or resale unit in Zayed, New Cairo, or North Coast? Nawy has a wide range of options tailored just for you.
Fill out the form below and one of our property consultants will contact you immediately to help you secure the best deals.
