| Twin House (4BD) | 27,500,000EGP |
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■ Project Information
Location: New Cairo, Egypt
Project type: Residence
Completion year: March 2024
■ Project overview
A twin house with a total land area of 320㎡.
This twin house consists of ground floor + 1st floor + rooftop
4 bedrooms, and 4 bathrooms.
In anticipation of Cairo’s population explosion
and the future economic growth,
the Egyptian government had been planning and developing
New Cairo during the previous administration.
New Cairo is located between the capital Cairo
and the New Administrative Capital.
Some of the wealthy people who used to live in Cairo
are living in New Cairo in search of a good living environment.
However, some projects are in the middle of
construction and abandoned.
Since the New Administrative Capital cannot cover
all of Cairo’s population of about 20 million people,
we believe that New Cairo will be positioned like
a commuter place even after the New Administrative Capital opens.
■ Egypt’s real estate market and economic situation
One of the attractions of investing in the Egyptian real estate market is the low price.
Due to population growth,
stable demand for rental properties and an increase in rentals are also expected
because of the strong domestic demand.