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Benefits of Buying an Under-Construction Apartment in Cairo

Buying an under-construction apartment in Cairo offers exceptional opportunities for buyers to take advantage of attractive prices and plan spaces in advance. Here are the top five benefits of this type of purchase:

  • Lower Price: Buying an under-construction apartment allows you to get a lower price compared to ready apartments. This gives investors a chance to save or allocate the budget for other fittings and modifications.
  • Flexible Payment: Most under-construction apartment projects in Cairo offer flexible payment plans that allow for installment payments over the construction period, easing the financial burden on buyers.
  • Customization Possibility: Buying an under-construction apartment allows buyers to influence the design and finishing of the apartment according to their desires and needs, which is difficult to achieve with ready apartments.
  • Added Value: As the project completes, the value of the apartment usually rises, meaning that investing in an under-construction apartment can yield excellent financial returns in the long term.
  • Modern Technology: Newly built apartments use modern construction technology and high-quality materials, meaning buyers get more energy-efficient and safer apartments.

Benefits of Investing in Under-Construction Apartments in Cairo

Investing in under-construction apartments offers investors a chance to benefit from the expected growth in the real estate market. Here are five key benefits of this type of investment:

  • High Demand: Due to urban expansion in Cairo, there is a continuous demand for under-construction apartments, enhancing the possibility of quickly selling or renting them.
  • Property Diversity: Investors can choose from a wide range of options that include apartments of various sizes and designs, providing great flexibility in investment.
  • Value Increase: As mentioned earlier, the value of under-construction apartments increases over time, especially as the completion date approaches, making it a profitable investment.
  • Government Incentives: Sometimes, the government offers incentives to encourage investment in under-construction properties, such as tax reductions or financing facilities.
  • Long-Term Investment: This type of investment is ideal for those looking for financial returns in the long term, as the investor can benefit from renting the property or selling it at a higher price.
  • Difference in Investment Return: Compared to ready apartments, under-construction apartments offer the possibility of achieving higher investment returns once completed, due to their value increasing upon completion of construction.

Under Construction Apartments for Sale in Cairo

Average Prices of Under-Construction Apartments in Cairo

The average prices of under-construction apartments in Cairo vary based on several key factors such as location, area, quality of finishes, and amenities available in the project. Prices range from 800,000 Egyptian pounds for small apartments in emerging areas to more than 3,000,000 pounds for luxury apartments in upscale and central areas. In the construction phase, investors have the opportunity to obtain reduced prices compared to ready apartments, making it an ideal opportunity for saving or investing at a lower cost. As the completion of construction approaches, prices gradually rise, with buyers viewing this increase as a sign of stability and increasing quality in the property. This gradient makes investing in this period a smart strategy for achieving significant profits when selling the unit after construction is completed and it is ready for habitation.

Best Areas to Buy Under-Construction Apartments in Cairo

When searching for under-construction apartments in Cairo, several areas stand out as ideal options due to the variety of offers and investment opportunities available. Among these areas are:

  • New Cairo: One of the most attractive areas for real estate investment, thanks to continuous urban development and the availability of comprehensive services. The under-construction apartments here feature modern designs and high-quality specifications.
  • Fifth Settlement: This area experiences high demand due to its strategic location and proximity to business centers and services. Investing here is an excellent choice for those looking for stable financial returns.
  • Sheikh Zayed and October: These areas offer a mix of tranquility and modern designs, with the availability of basic and recreational services, making them desirable for families and investors alike.
  • Maadi and Zahraa Maadi: Characterized by proximity to the city center and offering diverse real estate options that suit all tastes and budgets, in addition to good infrastructure.
  • Nasr City: Known for its high population density and availability of services and facilities, making its under-construction apartments an attractive investment for those looking to live or rent.

These areas provide investors and buyers with multiple opportunities to choose the best according to their goals and budget and promise an increase in property value with the development of projects and completion of construction.

Under-Construction Apartments for Sale in Cairo by Imtilak Global

Under-Construction Apartments for Sale in Cairo by Imtilak Global

Imtilak Global has partnered with the best real estate development companies in Cairo to offer a variety of under-construction apartments, meeting the needs of all customers and within various budgets. Among the projects we market are:

  • The City of Odessa: This project stands out for its strategic location and modern designs that combine comfort and elegance, with all basic and recreational services provided.
  • SODIC East: This project offers a wide range of apartments of different sizes, characterized by providing extensive green spaces and public facilities that meet daily needs.
  • Il Bosco: Located in the heart of New Cairo, it features modern designs and uses the latest construction technologies, making it an ideal choice for those looking for luxury and security.
  • District 5: This project is distinguished by the diversity of residential units and the recreational and commercial facilities it provides.
  • Elaf Residence: This project offers apartments with contemporary designs and enjoys a prime location that facilitates access to all parts of the city.

Book a Free Real Estate Tour with Imtilak Global

At Imtilak Global, we offer our clients a unique opportunity to explore the best real estate projects in Cairo through free real estate tours. We carefully study the client's request and present them with a range of projects that match their expectations and budget. Then we accompany the client on a comprehensive tour to showcase the most prominent projects, helping them make an informed decision about choosing the perfect home.

At Imtilak Global, we pride ourselves on providing personalized service characterized by professionalism and transparency, ensuring you a smooth and satisfactory real estate buying experience. Don't miss the opportunity and book your free real estate tour today!

Edited by: Imtilak Real Estate©

Update date: 2024-05-28

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