New Cairo, a suburban district of Greater Cairo, is renowned for its lucrative investment opportunities and upscale residential choices. In this article, we will explore various aspects that make New Cairo an ideal destination for property ownership and investment. We will also discuss the best areas for purchasing apartments and the benefits offered by Imtilak Global in this market.

Benefits of Owning and Living in New Cairo

• Advanced Infrastructure: New Cairo boasts modern and sophisticated infrastructure, including wide roads and excellent transport networks that facilitate access to different parts of Cairo.
• Educational and Health Facilities: The area includes international schools, universities, and advanced medical centers that offer high-quality health services.
• Peace and Privacy: New Cairo is characterized by its quiet residential neighborhoods that offer high privacy, making it an ideal place for families.
• Green Spaces and Urban Design: There are numerous public parks and green spaces that provide ample areas for recreation and relaxation.
• Security: It is among the safest areas in Cairo, thanks to a comprehensive security system and continuous patrols.

Investment Advantages in New Cairo Apartments

• Increasing Property Values: Properties in New Cairo consistently appreciate, making them an ideal investment for those looking to achieve long-term gains.
• High Rental Demand: Due to its strategic location and available services, there is a continual demand for rental apartments, ensuring steady income for investors.
• Diverse Real Estate Options: New Cairo offers a variety of real estate options from luxury apartments to villas and duplexes, catering to different needs and preferences.
• Expected Returns: Rental yields in New Cairo can range from 5% to 7% annually, which is an attractive return compared to other areas.
• Economic Stability: Egypt's economic stability enhances the attractiveness of real estate investments, especially in areas like New Cairo that are experiencing continual growth.

Best Areas in New Cairo for Purchasing Apartments

• Fifth Settlement: One of the most upscale neighborhoods in New Cairo, it hosts numerous luxury residential projects and large shopping centers.
• Rehab: A fully integrated city known for its modern urban design and comprehensive services including schools, hospitals, and commercial areas.
• Madinaty: One of the largest residential projects in Egypt, it offers a wide range of services and facilities along with vast green spaces.
• El Andalus: Located near the American University and characterized by the availability of high-quality educational and health services.
• El Narges: Ideal for families due to its peaceful environment and proximity to educational and recreational facilities.

Average Apartment Prices in New Cairo

New Cairo attracts investors and those seeking upscale living in Cairo, featuring a wide variety of real estate offerings and finish levels. Apartment prices vary significantly based on location, size, finish type, and available amenities. The average prices range between EGP 10,000 and EGP 15,000 per square meter. This price range is influenced by:

• Location: Areas closer to vital centers and services like the Fifth Settlement and Madinaty tend to price their apartments at the higher end of the spectrum.
• Finishing: Units with complete and luxurious specifications are priced higher than those sold in shell condition or with basic finishes.
• Developments and Amenities: Apartments within comprehensive service residential complexes like security, maintenance, commercial areas, schools, and medical centers hold a higher market value.

Imtilak Global’s Offerings in New Cairo

Imtilak Global, a leader in Egypt's real estate market, has contracts with leading real estate development companies to ensure a wide range of residential and commercial projects in New Cairo. The company is committed to meeting all customer needs, suitable for various budgets, with an emphasis on offering options that meet the highest standards of quality and luxury. Here are some of Imtilak Global’s top projects in New Cairo:

1. Ninety Avenue - Tabarak Development: Apartments ranging from 2 to 3 bedrooms, combining luxury and modern design.
2. Creek Town - El Kazar Development: Provides apartments from 2 to 3 bedrooms with comprehensive facilities.
3. Amara - New Plan Development: Apartments range from 2 to 5 bedrooms, focusing on comfort and security.
4. Hyde Park - Hyde Park Development: Apartments from 1 to 4 bedrooms, located in a picturesque natural environment.
5. Capital Gardens - Palm Hills Development: Apartments from 2 to 4 bedrooms with elegant designs and a prime location.

Book a Free Real Estate Tour with Imtilak Global

Imtilak Global offers free real estate tours that include visits to major real estate projects that match client preferences and needs. These tours provide clients with a unique opportunity to explore various options and choose the most suitable in an informative and comfortable environment.

In conclusion, New Cairo provides an ideal environment for both living and investing. With its extensive experience and strong market relationships, Imtilak Global stands as a fundamental partner for anyone looking to own or invest in this promising area.