Property for sale in Nasr City, Cairo
The neighborhood of Nasr City was founded in the second half of the last century. It is located in the east of Cairo, in close proximity to the central part of the capital of Egypt. Property in Cairo is a promising investment destination if you are looking for options to help save money from inflation. Demand for real estate in Nasr City for foreigners is consistently high. Buyers are attracted not only by the convenient location of the community, but also by the developed infrastructure, as well as a wide selection of housing options. The area is being actively developed and you can find both secondary housing and apartments in new buildings. Modern residential projects can be found on the streets of Abbas Al-Akkad, Makram Ebeid, Zahraa Nasr City.
Lifestyle in Nasr City
The area of the district is almost 250 km2. It has many entertainment facilities and shopping malls. It is considered one of the most densely populated spots in the metropolis. Real estate in Nasr City, Cairo, Egypt puts you in the middle of the action. Within the community there are 10 sub-communities aimed for different social classes. The area is completely self-sufficient. There are schools and higher educational institutions, including the largest Azhar University, hospitals and other social institutions. If you are into sports, this community is also a great destination for you as it is home to the Cairo International Stadium. Cairo International Airport is 25 km away.
Property types and prices
The community offers different types of real estate, from apartments of all sizes to duplexes and penthouses. The housing area may reach 400 m2. As it is the most sought after area, property prices in Nasr City tend to be higher than in other areas of the city. The cost of real estate in Nasr City, Cairo depends on the type of an apartment and what amenities the residential project has to offer. You can find various property offers:
- a two-bedroom apartment, completely ready to move in, is on sale for $80,000;
- a partially furnished, three-bedroom apartment is offered for sale at a price of $100,000.
Housing prices in Nasr City in the off-plan projects are also different. For example, an apartment in a new building in Cairo with two bedrooms in the Madinet-Nasr residential project is offered for $124,000. The project is planned to be finished by the end of 2024. A ready-made apartment in a new building with three bedrooms and a room for staff can be purchased at a price of 319,000 dollars. This shows that you can buy a home in Nasr City for foreigners with any budget.
Investment property in Nasr City
Overseas real estate remains one of the most affordable and safe ways to save money from inflation. You can invest in Nasr City real estate and receive passive income from renting out your housing. Another option is to make money on the resale of the property at a higher price thanks to the capitalization of the cost. Housing in a prestigious area of the metropolis is always in demand.
We will help you buy property in Nasr City
Our website offers a wide selection of different types of real estate. An easy-to-use search filters allow you to find the best options in no time. You can check out the real time prices in euros and dollars. Our real estate specialists will help you find an apartment in Cairo for relocation as well as investment. Get in touch with our team for more information and we will guide your through the buying process and help you find the perfect housing option.