Penthouses for sale in Cairo
Cairo is the capital of Egypt, the country’s largest city and the world’s 15th-largest metropolis. Since the 1990s, the city has hosted international peace conferences, the African Cup of Nations Championship finals and international film festivals. It is also a major tourist center of the Middle East, as it has a huge cultural heritage and monuments of different eras.
All this has had an impact on various aspects of life in the city, including the real estate market. The demand for property for sale in Cairo has increased significantly in recent years, including penthouses in luxury residential complexes. Such housing is in great demand both for living and for investment. The Government, in collaboration with the private real estate sector in Egypt, had to initiate a plan to meet the various needs of buyers.
A penthouse in Cairo, Egypt, is a valuable investment asset. If you are interested in buying a penthouse in Cairo for investment, check out the best two-story apartments on the top floor with up-to-date prices, detailed descriptions and photos on the official website.
The cost of penthouses
Wealthy Egyptians and emigrants who have moved to the country, and are working in international corporations in Egypt, prefer to live in developed areas of the city, where everything necessary for a comfortable life is within walking distance. Zamalek is located in the western part of Cairo, and it is accessible by the main roads and bridges, such as the 6th October Bridge, the 15th May Bridge and the Qasr El Nil Bridge. Apartments for sale in Zamalek cost 10,500 EGP ($536) per square meter.
Maadi is considered a self-sufficient city. Although it is located some distance from downtown, once there, you will not want to leave this place. This is an area where you can spend the day shopping in small boutiques, and in the evening have dinner with your partner in a trendy restaurant. Therefore, penthouses and apartments Cairo Maadi are the second favorite type of real estate for home buyers in Egypt after the properties in Zamalek.
Current prices in euros and dollars for penthouses and other residential real estate in the Egyptian capital are available in the catalog on the official website or from the company manager.
Investment penthouses in Cairo
According to local sources, the demand for residential property in the city exceeds the demand for commercial property by 20%. Zamalek, New Cairo, Maadi and Heliopolis are the most popular areas with home buyers. Each of them has its distinctive features.
For example, Heliopolis is one of the most prestigious places to live in Egypt. The demand for real estate for sale in Heliopolis is so high that there is a shortage of properties, especially in the penthouse sector. This district has no new buildings. All villas and apartments for sale in Heliopolis are secondary real estate.
Depending on the area, the return on real estate investment (ROI) may differ. In the above-mentioned areas of the city, if you skillfully and competently choose real estate, the return on investment can reach 10% per year.
The company's specialists will help you to invest profitably in a luxury penthouse in Cairo or another real estate option!
Buy a penthouse in Cairo
The best place to find and buy an apartment in new buildings in Cairo is "Cairo"! This is a convenient online platform with hundreds of housing options in every part of the city. Here, you can always find the best penthouses for foreign nationals. Up-to-date penthouse prices in Cairo, descriptions and photos are available in the catalog. The company's specialist can provide detailed information about the conditions for buying real estate in the city. Contact us to start your journey in the luxury housing market in the Egyptian capital!
If necessary, managers can help you select and purchase the property of your choice, as well as prepare documents for the transaction.