A Comprehensive Guide to the City of Giza, Egypt

2024-04-29

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A Comprehensive Guide to the City of Giza, Egypt
Giza, one of the most significant cities in Egypt and the world, is home to one of the Seven Wonders of the World, the Great Pyramids of Giza. Known for its rich history and strategic location, Giza serves as a pivotal hub for tourism and culture. Positioned on the west bank of the Nile River, directly opposite Cairo, Giza holds strategic importance as a gateway to Egypt's western desert regions, linking the north and south of the country. Its proximity to the capital enhances its economic and tourism significance.

History and Development

The roots of Giza trace back to the Pharaonic ages when it was part of Memphis, the ancient capital of Upper Egypt. The city was a crucial administrative and religious center, housing numerous temples and tombs, most notably the Pyramids, which are among humanity’s greatest architectural feats.

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Ancient and Medieval Periods

Throughout the medieval period, Giza became a vital stopover for pilgrims and traders from across Africa and Asia. The city saw significant developments during the Islamic era, with numerous mosques and religious schools built, many of which still stand today.

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Ottoman and Mamluk Era

During the Ottoman and Mamluk periods, Giza continued to develop as part of Greater Cairo, becoming a center for administration and the military. Infrastructure was enhanced, and roads and bridges were constructed to facilitate movement between Giza and Cairo.

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Modern Age

Entering the modern era, especially in the 20th century, Giza experienced rapid growth and infrastructure modernization. The development of road networks and public services like education and healthcare improved vastly. The city also saw significant urban expansion to accommodate its growing population.

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Current Era

Today, Giza is one of the most vibrant cities in Egypt, blending historical legacy with modernity. Efforts continue to modernize infrastructure and bolster economic and tourism sectors. Giza now enjoys a prestigious status as a tourist destination and a center for cultural and social activities, attracting visitors worldwide.

Infrastructure in Giza

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Giza boasts an advanced and comprehensive infrastructure that supports a modern lifestyle and meets the needs of both residents and visitors.

Roads and Transportation

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As a focal point in Egypt's transport network, Giza is traversed by several major roads and bridges connecting it to Cairo and the rest of the country. Key routes include the Pyramids Road, which stretches from the heart of Giza to the pyramid complex, serving many residents and tourists. The city also features the Fayoum Road and the Oasis Road, linking Giza to the desert and southern regions.

Public transport includes an extensive subway network with several metro stations serving the city, including Giza Station and Faisal Station. Additionally, bus and minibus services provide efficient connections within Giza and to neighbouring areas.

Educational Institutions

Giza is rich in educational institutions offering varied levels of education. Prominent universities include Cairo University, one of the oldest and most prestigious in Egypt and the Middle East, located on the Nile's banks. The American University in Cairo and Egypt University for Science and Technology also provide a wide range of scientific and engineering programs.

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Healthcare Facilities

In healthcare, Giza features high-quality hospitals and medical centers. Cairo University Hospitals (Qasr Al-Ainy) are among the oldest and largest in the country, offering comprehensive medical services. Giza also hosts Umm El-Masryeen General Hospital, a key medical service center for locals and neighboring areas.

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Recreational Facilities

Giza offers a variety of recreational facilities that enhance quality. Orman Garden, one of the oldest and largest parks in Giza, is located next to Cairo University and is ideal for relaxation. For shopping and entertainment, the Mall of Arabia and City Stars Giza are among the largest shopping centers offering a full range of shops, cinemas, and restaurants.

Living in Giza

Giza offers numerous advantages that make it a unique place to live:

  • Rich cultural and historical heritage, including sites like the Pyramids.
  • Strategic location near Cairo, facilitating access to business centers, government services, and major entertainment facilities.
  • Diverse housing options range from economical apartments to luxury villas.
  • Advanced infrastructure, including a well-developed road and transport network.
  • Outstanding educational and healthcare facilities.
  • A variety of entertainment options, including major shopping centers and public parks.
  • More affordable living costs compared to Cairo, making it an attractive option for residence and investment.
  • A culturally and socially diverse community, creating a rich and integrated living environment.
Living in Giza

Real Estate in Giza

Due to its strategic location near Cairo and historical landmarks, Giza attracts both local and international investors. The increasing demand for residential and commercial properties has led to significant real estate offerings and infrastructure developments.

Key Current and Future Real Estate Projects

  • Pyramids Plaza Project: A multi-use project featuring hotels, commercial, and residential centers.
  • New Giza Project: Aimed at creating a comprehensive residential area including educational, health, and recreational facilities, contributing to the city's westward expansion.
  • Development around the Pyramids: This project includes infrastructure and service improvements to enhance tourism appeal.
Property Prices and Expected Returns

Property prices in Giza vary greatly depending on the location and property type. On average, apartment prices range from 4,000 to 10,000 Egyptian pounds per square meter, while villas and luxury properties can exceed 15,000 Egyptian pounds per square meter in upscale areas.

The return on investment in real estate remains relatively high, ranging from 7% to 12% annually, depending on the location and property type. Investing near tourist landmarks and major thoroughfares is preferred by many, especially with the anticipation of rising values due to new development projects.

Invest with Imtilak Global

If you are looking for exceptional investment opportunities in Giza's real estate market, Imtilak Global offers the perfect solution. With our specialized team and extensive experience in the Egyptian real estate market, we can provide the best offers at competitive prices. We excel in offering a wide range of real estate options, from luxury apartments to upscale villas, all in the heart of Giza, where history and modernity meet. Choose Imtilak Global as your partner to achieve the best real estate investments, and benefit from our expertise to own your ideal property at the best terms and prices.

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