Villette Sky Condos

■ Project Information

Location: New Cairo, Egypt
Project type: Compound (Residence)
Completion and delivery year: Completed
Payment method:
Lump-sum payment EGP11,000,000
Installment payment: EGP2,250,000/quarterly until November 2025

■ Project overview

This is a unit on the top floor with a view of the park within the compound.
With an area of 287m²,
4 bedrooms, 2 bathrooms.
In addition, you can use the parking lot and the clubhouse.

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.