propety types in New Cairo and 6 October
Cairo has been Egypt’s capital for decades. It contains more than 20% of the whole country’s population. Cairo has the highest number of offered real estate units among all of Egypt’s governorates with a great variety in prices from one district to another. The most popular districts in Cairo are New Cairo and October districts, which are characterized by a vast range of luxurious residential compounds offering different property types. Today’s topic is about the most popular property types that are easier to resale and have higher returns.
As we have mentioned before Cairo especially New Cairo and October districts have the largest number of residential compounds. Each one of these residential compounds offers you different types of properties with a disparity in the number offered in each type as follows:
On the other side, the distribution of property types in New Cairo is different as follows:
It is agreed that most of the time you don’t stay in one unit forever either you buy it as an investment with the intention of reselling it later or a need to upgrade. So what we can deduce from the previous facts is that apartment units have the highest percentage amount for all unit types. That gives us an indicator that apartments are the most demanded property type in the Egyptian real estate market. With that indicator in mind, buying an apartment property will be your best decision as it is easy to resale in case of liquidity need or if you needed to update anytime later on.
Mivida Gardens Compound is one of the premium mixed-use developments at the heart of East…
We know that purchasing a real estate property can feel overwhelming. Between locations, layouts, and…
Real estate brokerage and technology going hand in hand has made the industry unstoppable. It…
Elite education is the top priority of parents looking for a new school for their…
The real estate industry has been in an unparalleled evolving state for a while now,…
Before diving into the Hyde Park 6th Settlement master plan, let's ask you some questions.…