The Administrative Capital or The Fifth Settlement
Real estate investment in the administrative capital or the fifth Settlement
Investment in the new administrative capital is a wise decision for several reasons:
First of all, the government district is located in the capital, making it an important part of the presidential palace and other important government buildings.
Second, by building in this area, investment opportunities will increase.
Third , the new administrative capital contains a variety of facilities and services that have made it one of the most desirable places to live in Egypt.
Fourth , one of the most important features distinguishing transport in the administrative capital is the anticipated construction of a network of an electric train linking it to all areas of Cairo
The new administrative capital, the largest percentage of which includes green areas and services, includes the lowest percentage of housing units, which increases the demand of many customers for live in it.
The apartments in the administrative capital vary from classic to modern, with every client finding the same to their personal taste.
Characteristics of Fifth Settlement in New Cairo
The fifth Settlement is one of the most beautiful areas of New Cairo and has a number of advantages that make it a famous site for real estate investment. These include:
First: At the fifth Settlement, all the needs of a high-class residence are available, such as tranquility and independence, distinguished locations and educational areas
And leisure areas.
Second: The presence of the main roads makes it easy to travel to and from the fifth assembly (the central ring road, the Ben Zayed road and the hub
Al Mshir and Sokhna Road)
Third: New Cairo has all services and entertainment means because there is a large number of shopping malls “Cairo Festival City.
Downtown Mall, seven Stars Mall, Point 90 “
Fourth: It offers places to go out and stroll ” Family Park, New Cairo Park, Magic Planet, Magic Storms”.
Fifth , the ” American University, German University, Canadian University, future University and Police Academy “ will be held at the fifth gathering
The sixth largest companies, commercial institutions and banks in the most famous street in Egypt, which is the 90th street, which makes international companies compete for investment opportunities.
The fifth Settlement is in a stabilization phase and provides services for up to 15 years. The administrative capital is in the process of building and growing. It may take at least 5 years to get to the start of stability, but regardless of the price, the decision to buy or invest depends on the desire for quick stability or the ability to wait for years.
The fifth Settlement is better for housing now and the new administrative capital is suitable for housing after at least 5-7 years
New Cairo: Lower per meter price, all services are available, for all life needs are present, closer to any other place, faster to sell when needed
High demand for buying real estate in New Cairo
New Cairo has enjoyed a strong demand for housing units in recent years, for several important reasons:
- The variety of Cambodian residences, units and spaces available
- Educational, medical and business services are spread all over the city
- The fantastic division and architectural planning of the venue according to the latest building standards
- The transition of the population to a high social standard through advanced means of life
- The spread of comfort and well-being in most residential projects
- Price differences between projects, allowing the customer to choose the housing project that is suitable for them
- The area’s population makes it the best yet for a full residential life