Want to buy an Apartments in installments, Check these districts
No matter you are a newlywed man or a father looking for an upscale place of a better future for your children, but with reasonable prices, convenient installments, and integrated services that meet your needs. Here are the best suggestions for apartments in installments in Cairo.
El Shorouk City
It is the perfect choice for middle-class people who are looking for apartments for sale in installments and enjoying a high standard of living at the same time.
Buyers made enormous demands on such apartments, as the average price per square meter starts from EGP 4,600. As a result, El Shorouk city expanded in constructing housing complexes, most importantly “El Shorouk Panorama”, “Palms Suburb”, “Baron City” and “El Shorouk 2000”.
The strategic location of El Shorouk
El Shorouk city is located at kilo 37 on Cairo-Ismailia Road, 5 km away from Madinaty and Al-Rehab, and bordered to the east by Heliopolis.
El Shorouk city… a better tomorrow
The city continuously develops its services. Here are the most important ones:
- El Shorouk City has a large industrial area, providing job opportunities for young people.
- The City has educational facilities, most importantly the British University, the Arab Open University, the French University and El Shorouk Academy.
- It has sports clubs, such as Heliopolis Club and El Shorouk Club.
- The City has green areas and extensive gardens, in addition to its temperate climate, which attracts buyers looking for calmness and relaxation.
- It has several corridors and main roads connecting it to Cairo and the new cities, such as the Desert Road, the Ring Road, Gamal Abdel Nasser Road, and Suez road, in addition to the public transportation to all of these cities.
Most important areas of reasonable prices in El Shorouk city
The first, second, third and sixth neighborhoods are parts of the medium-income Housing Project, with apartments whose areas are about 150 square meters, and prices starting from EGP 400,000.
The first neighborhood has innovative designs, deluxe finishes, along with calmness and sophistication.
The second neighborhood is one of the most vital areas, where Al Gohary Mall, Green Hills Club, restaurants, and cafes surround the properties.
The third neighborhood is known for its reasonable prices, where the apartment price is EGP 500,000, and proximity to Carrefour, which is its most important feature.
Installments in El Shorouk can be paid in 6 years.
Mohandeseen District
It is one of the most prestigious districts in Cairo, known as the district of old families’ villas. Afterward, the demand for properties increased by small families, which turned the district into buildings that meet the needs of buyers.
Features that drive you to live in Mohandeseen
In this district, the living standards are various but mostly upscale. Also, the district is characterized by a variety of services from commercial activities to sports clubs, such as Zamalek Sporting Club, Shooting Club, Tersana Sporting Club, and cinemas. With its unique location and much transportation, you can reach it through the October Bridge, the 26th of July Corridor, and the 15th of May Bridge.
Streets in Mohandessin where prices are reasonable
Ahmed Orabi Street
It is mostly characterized by its connection to the downtown area through the Ring Road, and connects important streets such as Sudan Street, the League of Arab States Street and the Nile Valley Street. It has shops and car agencies. The price per square meter is EGP 8,000.
Syria Street
It is well-known for its oriental and western sweets shops, which are a destination for Cairo residents, and Platinum Mall that provides the needs of residents and neighboring areas such as Dokki and Zamalek.
Apartment prices start from EGP 9,500 per square meter.
Shehab Street
It is characterized by its extensive commercial activity from clothing and electronic devices stores to the best restaurants and cafes, in addition to the reasonable prices of properties compared to the properties in Gameat El Dewal El Arbabeya (League of Arab States) Street, where the price of a square meter starts at EGP 10,000.
Sudan Street
It starts from Kit Kat Square and ends in Faisal district. It has apartments for sale at an economical price, and above medium level apartments. The price per square meter starts at EGP 6,650.
Obour City
It is one of the new cities that saw great demand by those looking for apartments for sale in installments. This is because of its privileged location and the main roads connecting it to Cairo and other governorates, such as Belbeis Road, Fayed Road, Alexandria Desert Road and the Ring Road. Obour City is one of the best places to buy apartments in installments in Cairo.
Obour City… Everything you need is available
The available services in the city cover all the needs of its residents, most importantly as:
- The vegetable, fish and fruit market, which is the main market for Greater Cairo.
- It has a public transportation parking lot, which makes it easier for residents to go out and return.
- The excellent design of the city, with wide roads and green areas to maintain the health of residents.
- The presence of City Club for the welfare of residents.
- Variety of properties in terms of area and price to suit all classes.
Here are the most important neighborhoods in Obour City which are goal of middle-class persons:
The first neighborhood
The city’s oldest neighborhood, where the area of apartments reaches 80 square meters.
The second neighborhood
It is known as schools neighborhood, as it has governmental and international schools, which attract families. The price per square meter is EGP 4,000.
The third neighborhood
It is famous for the wholesale market of vegetables and fruits. It is suitable for newlyweds, because the area of apartments ranges from 120 square meters to 155 square meters.
The fourth neighborhood
The advantages of this neighborhood include its proximity to Carrefour and some important educational facilities, such as Misr International University. The price per square meter is EGP 5,000.
The Sixth neighborhood
It has large apartments, paved roads, and many gardens throughout the neighborhood, which increase the demand on apartments that are for sale in installments. Also, prices are low compared to its distinguished services, where the price per square meter is EGP 5,000.
- The most important thing that distinguishes this city from other cities is the availability of real estate offices to facilitate buying properties in installments up to 3 years.
Mokattam
It is one of the modern districts that developed in the late of the last century, when real estate companies started to undertake housing projects in it. Here are the most high-demanded areas:
Street 9
This street extends along Mokattam district, starting from Ain Sokhna Road to Salah Salem Street. It has a variety of entertainment and commercial services, and the best restaurants and cafes. The average price of apartments is EGP 700,000.
The Middle Plateau
It is prevailed by calmness and green areas, which attract lovers of privacy and tranquility. Also, it is close to Carrefour Maadi, and has modern university, El What School, and Sports Club. The price per square meter is EGP 5,000.
* It is worth noting that the prices mentioned in this article are subject to change, and we, in Aqarmap, continuously keen on updating the neighborhood price list, so that the customer becomes aware of the changes taking place in the real estate market, as well as we measure the demand indexes via Aqarmap index.