The New Capital of Egypt is developing into a real estate investment hotspot with a number of residential complexes. These communities include a range of facilities and amenities, which makes them a desirable choice for individuals wishing to purchase real estate. It might be difficult to choose the best and most economical compounds, though, because there are so many possibilities available.
This article will explore the best and cheapest compounds in the New Capital of Egypt. The compounds that will be discussed offer a range of options for buyers, from apartments to villas, and come with various amenities such as swimming pools, gyms, and parks. In order to help readers make an informed choice when buying a house, the article attempts to provide an overview of the most reasonably priced compounds in the New Capital.
Al Maqsad
Al Maqsad is a residential compound located in the New Capital City of Cairo, Egypt. Developed by City Edge Developments, it offers a variety of property types, including standalone villas, twin houses, and townhouses. The property sizes range from 357 to 570 square meters, making it ideal for families of all sizes.
The compound is divided into two neighborhoods and covers a total area of 211 acres. Al Maqsad is situated in the third residential neighborhood of the New Capital City, providing easy access to all the city’s major landmarks.
One of the unique features of Al Maqsad is its strategic location, which is close to the Administrative Capital’s most important and famous landmarks. Only a short distance from the city’s business and entertainment hubs, residents can live a tranquil and opulent lifestyle.
Overall, Al Maqsad is an excellent choice for those looking for a luxurious and affordable residential compound in the New Capital City. Its prime location, modern amenities, and spacious properties make it an ideal choice for families settling in Cairo’s newest and most exciting city.
Il Bosco City
Il Bosco City is a residential compound located in the New Capital of Egypt. It was developed by Misr Italia Properties, a well-known real estate developer in Egypt. The compound is spread over 200 acres, with only 20% of the area allocated for residential buildings. This means that residents of Il Bosco City can enjoy a spacious and green environment.
The complex has a variety of real estate available, such as villas, twin houses, and apartments. The homes are made to accommodate a range of requirements and tastes. The twin houses and villas give extra space and seclusion, while the apartments have one to three bedrooms.
Il Bosco City is strategically located in the heart of the New Capital, making it easily accessible from different parts of the city. It is only 10 minutes from New Cairo, 15 minutes from the AUC campus, and 20 minutes from Cairo International Airport. The compound is also near the Diplomatic District, which adds to its appeal.
The facilities and amenities in Il Bosco City are impressive. The compound features a clubhouse, swimming pools, a gym, and a spa. Several restaurants and cafes and a shopping mall are also within the compound. The green spaces and parks in the compound make it ideal for families with children.
Overall, Il Bosco City is an excellent choice for those looking for a spacious and green environment in the New Capital. The various properties and facilities make it suitable for different needs and preferences.
Midtown Sky
Midtown Sky is a residential compound developed by Better Home in Egypt’s New Capital. The project features modern architecture, elegant facades, and excellent services that aim to redefine the housing experience in Egypt.
The compound is spread over 122 acres of land, and the buildings occupy only 20% of the total area, providing ample space for greenery and open areas. It offers a variety of housing units, including apartments, houses, duplexes, and villas, with sizes ranging from 90 to 350 sqm.
Midtown Sky is strategically located in the New Capital, making it accessible through various vital axes and highways. It is near many different ways, which makes it easy for all visitors to get to the compound without spending a long time in the crowds.
The project is expected to be completed by August 2024, and the properties’ finishing is Core and Shell. Midtown Sky is an excellent choice for those looking for a modern and luxurious lifestyle in the New Capital, with prices that are relatively affordable compared to other compounds in the area.
Capital Gardens
The New Capital of Egypt is home to the opulent property known as Capital Gardens. The property was created by Palm Hills Developments, a prominent real estate developer in Egypt. Within Sarai Compound in New Cairo, the compound covers an area of more than 62 acres.
Capital Gardens offers a modern design style with the functionality of space merging with the surrounding natural environment. The compound is designed to provide residents with comfort and happiness in mind. Capital Gardens offers a variety of units ranging from apartments to duplexes with different sizes and layouts to suit various needs.
A variety of services and amenities are available within the compound, such as a commercial area, kids’ zones, sports courts, swimming pools, and a clubhouse. The Presidential Palace, the Cathedral, and the Opera House are just a few of the important sites and landmarks in the New Capital that are conveniently located near the property.
The prices of units in Capital Gardens are considered affordable compared to other compounds in the New Capital. The compound also offers flexible payment plans to ease buyers’ financial burdens. Capital Gardens is an excellent choice for those looking for a luxurious and affordable lifestyle in the New Capital.
De Joya
De Joya is one of the cheapest compounds in the New Capital, Egypt, and offers a luxurious lifestyle to its residents. It was developed by Taj Misr Development, a reputable real estate company known for its high-quality projects.
De Joya offers a variety of units, including studios, one-bedroom, two-bedroom, three-bedroom, and four-bedroom apartments, as well as duplexes. The sizes of the units range from 70 square meters to 290 square meters, providing a diverse range of options.
The prices of the units in De Joya start from 700,000 Egyptian pounds, and the cost per meter ranges from 8,500 to 9,500 Egyptian pounds. Depending on the buyer’s preference, the units are delivered with complete or semi-finishing.
De Joya offers a variety of amenities to its residents in addition to its opulent apartments, such as swimming pools, a kids’ area, a gym, a spa, and a commercial area. Additionally, the enclosure is situated in the New Capital’s best area, close to important facilities and landmarks.
De Joya is an excellent choice for those looking for an affordable yet luxurious lifestyle in the New Capital, Egypt. With its high-quality units and top-notch amenities, De Joya provides its residents with a comfortable and convenient living experience.
Entrada
Entrada is a luxurious compound located at the heart of the New Administrative Capital in Egypt. Developed by Sorouh, one of Egypt’s most prominent investors in the real estate field, Entrada offers a state-of-the-art community that speaks for luxury, comfort, and practicality.
The compound occupies a vast area of 72 acres, 20% of which has been allocated for the construction of residential buildings, and the remaining 80% is devoted to establishing all the leading entertainment services, vast green spaces, and industrial lakes. The compound has a distinctive architectural position within the New Capital, making it an attractive option for those looking for a unique and upscale living experience.
Entrada offers competitive prices, as the cost per square meter ranges between EGP 8,000 and 10,000. The project provides various spaces, from 86 m² to 240 m². The payment methods are flexible, making it easier for buyers to own their dream home.
Entrada is an excellent choice for those looking for a luxurious living experience in the New Administrative Capital. With its prime location, state-of-the-art facilities, and competitive prices, it is no wonder that Entrada has become a popular choice for many homebuyers.
Taj City
Taj City is a luxurious residential compound located in the heart of the New Capital of Egypt. Developed by Madinet Nasr for Housing and Development (MNHD), Taj City is a sprawling 900-acre complex offering various housing options to suit different budgets and lifestyles.
One of Taj City’s key features is its prime location. It is just a few minutes away from the New Capital’s main attractions, including the Presidential Palace and the Diplomatic District. The compound is also well-connected to the rest of Cairo, with easy access to major highways and public transportation.
Taj City offers a variety of housing options, including apartments, townhouses, and villas, with prices starting from EGP 1.2 million. The compound features a clubhouse, swimming pools, a gym, and a spa.
In addition to its luxurious housing options, Taj City is known for its green spaces and landscaped gardens. The compound features over 30% green spaces, including parks, gardens, and water features, providing residents with a serene and peaceful environment.
All things considered, Taj City is a great option for anyone seeking an opulent and cozy living in Egypt’s new capital. For individuals wishing to purchase real estate in the neighborhood, it is also a great option due to its fantastic location, plenty of conveniences, and lovely green spaces.
Sarai
Sarai is a compound located in Mostakbal City, just a few minutes from the New Administrative Capital. The compound is built on an area of 1,250 acres and offers a wide variety of housing units. The company employed highly experienced engineers and consultants to ensure exceptional design.
Sarai compound provides a perfect mix of urban to suburban exposure with various properties spread over 5.5 million square meters. The compound offers a tranquil living experience, distanced from the city’s clamor yet within reach of its conveniences.
The compound offers a range of villas, apartments, and duplexes with different sizes and designs. Sarai’s units are designed to provide residents with comfort, elegance, and luxury. Many facilities are available within the enclosure, such as a clubhouse, sports courts, swimming pools, and a business area.
The community of Sarai Compound is amiable and inviting, providing a safe and cozy living environment. Due to the compound’s convenient access to main highways, getting anywhere in Cairo is a breeze. In addition, the compound provides cheap payment plans.
Overall, Sarai Compound is an excellent choice for those looking for a comfortable and affordable living experience in the New Capital. Families, couples, and singles will find the property to be an excellent option due to its layout, features, and location.
La Verde
La Verde is a residential compound in the New Capital of Egypt that offers a luxurious lifestyle with a touch of nature. The compound is built over 35 acres or 147 thousand square meters, and almost 75% of its space is dedicated to greenery, artificial lakes, and various amenities.
La Verde offers various unit types, including apartments, townhouses, duplexes, twin houses, and villas. When compared to other compounds in the New Capital, the costs are comparatively reasonable, with apartments costing EGP 900,000 and villas and palaces costing EGP 12,500,000. The development organization has succeeded in crafting payment schedules that accommodate every customer.
The compound’s location in the R8 district next to Anakaji Compound makes it easily accessible and surrounded by various services and facilities. La Verde provides its residents with a life of sophistication and luxury, ranging from fun leisure activities to services and facilities that meet all their needs.
La Verde is an excellent choice for those seeking a tranquil lifestyle in a green environment without compromising luxury and comfort. With its affordable prices, strategic location, and various amenities, La Verde is worth considering for those looking for a residential compound in the New Capital of Egypt.
Vinci
Vinci is a residential compound located in the New Capital City diplomatic area. The project developer, Misr Italia, designed it to be a giant residential compound spread across 110 acres of land.
Distinctive art styles inspire the compound, including cubism, surrealism, pop art, and expressionism. It has seven residential districts and a commercial district. Vinci provides a significant variation of residential units, from hotel apartments to luxurious twin houses and townhouses, with areas varying from 133 m2 to 313 m2.
Vinci is an excellent option for those looking for a luxurious lifestyle in the New Capital. The compound offers a wide range of amenities, including a clubhouse, a swimming pool, a gym, a spa, and a kids’ area.
The compound’s location is also a plus. It is situated in the R7 zone, near the Diplomatic Quarter, which is considered one of the most vital locations in the New Capital. Moreover, the compound is close to the Green River and Central Park.
Overall, Vinci is an excellent option for those looking for a luxurious lifestyle in the New Capital. However, there may be more affordable options for those on a tight budget.
Overview of the New Capital
Strategic Location
The New Capital of Egypt is a planned city being built to serve as the administrative, financial, and business hub of Egypt. It is strategically located between Cairo and the Suez Canal, making it ideal for businesses that want to operate in both cities. The New Capital is also close to the Cairo International Airport, which makes it easily accessible for travelers.
Development Plans
The government of Egypt is developing the New Capital of Egypt with the aim of creating a modern, sustainable, and livable city. The city will be built on a total area of 170,000 acres and is expected to house a population of 6.5 million people. The development plans for the town include the construction of government buildings, residential areas, commercial areas, and recreational areas.
The government invests heavily in infrastructure development to support the city’s growth. This includes the construction of a new airport, a high-speed train network, and a metro system. The city is also being designed sustainably, with plans to incorporate green spaces, energy-efficient buildings, and sustainable transportation systems.
Overall, the New Capital of Egypt is a promising development that is set to become one of the world’s most modern and livable cities. Its strategic location and ambitious development plans make it an attractive destination for businesses and investors looking to capitalize on Egypt’s growth opportunities.
Benefits of Living in the New Capital
Modern Infrastructure
The New Capital is designed to be a modern city with state-of-the-art infrastructure. The town has a high-speed internet network, intelligent traffic management systems, and advanced waste management facilities. The city also has a modern public transportation system, including a metro line that connects the New Capital to Cairo. This makes commuting to and from the New Capital easy and convenient.
Green Spaces and Recreation
The New Capital is designed to be a green city with plenty of open spaces and parks. The town has a central park that spans over 10,000 acres, making it one of the largest parks in the world. The park has walking and cycling paths, picnic areas, and playgrounds. The New Capital also has a golf course, a sports complex, and other recreational facilities.
Living in the New Capital offers residents a modern and convenient lifestyle. The city’s infrastructure is designed to make life easy and convenient for its residents. The abundance of green spaces and recreational facilities makes the New Capital ideal for families and individuals who value a healthy and active lifestyle.
Tips for Finding Affordable Compounds
Research and Comparison
When looking for affordable compounds in the New Capital, it is essential to do thorough research and comparison. Start by identifying your budget and the amenities and features you seek in a compound. Then, use online resources such as Aqarmap to search for compounds within your budget range.
Review reviews and compare the prices and features of different compounds. Look for compounds that offer competitive prices but also provide quality amenities and services. It is essential to focus on the cost and the overall value a compound can provide.
Negotiation Strategies
Negotiation can be a powerful tool for finding affordable compounds. Once you have identified a compound that meets your budget and needs, try negotiating with the developer or real estate agent.
One effective strategy is to ask for discounts or promotions, especially if you are willing to pay upfront or sign a long-term contract. You can also negotiate additional amenities or services, such as free parking or maintenance.
It is essential to be confident, clear when negotiating, and respectful and understanding of the other party’s position. Negotiation is a two-way street; both parties should feel satisfied with the outcome.
By following these tips and strategies, you can increase your chances of finding affordable compounds in the New Capital that meet your budget and needs.
EGYPT MLS
Egypt MLS, under Arab MLS, is a cutting-edge real estate platform for licensed professionals, realtors, and brokers in Egypt. It offers a comprehensive property database for easy searching, comparing, and booking of properties for sale, set to revolutionize the real estate industry in Egypt.
Frequently Asked Questions
What are the most affordable residential compounds available in Egypt’s New Capital?
Egypt’s New Capital has a growing number of affordable residential compounds offering various amenities and services. Some of the most budget-friendly compounds in the area include Al Maqsad, Il Bosco City, Midtown Sky, Capital Gardens, and De Joya. These compounds offer various housing options, from apartments to villas, at relatively lower prices than other compounds in the area.
Which compounds in the New Capital offer the best value for money?
The compounds that offer the best value for money in the New Capital provide a good balance of quality and affordability. Al Maqsad, Il Bosco City, Midtown Sky, Capital Gardens, and De Joya are some compounds that offer excellent value for money. These compounds provide residents with a range of amenities and services, including swimming pools, gyms, and green spaces, at relatively lower prices than other compounds in the area.
How do the prices of compounds in Egypt’s New Capital compare to those in New Cairo?
The prices of compounds in Egypt’s New Capital are relatively lower than those in New Cairo, making it a more affordable option for those looking for housing in the area. While New Cairo has some of the most luxurious compounds in Egypt, the New Capital is quickly catching up and offers a range of budget-friendly compounds that provide excellent value for money.
Can you provide reviews for the budget-friendly compounds in the New Capital?
There are many budget-friendly compounds in the New Capital, and each offers a unique set of amenities and services. While providing reviews for all of them is challenging, residents can find reviews and ratings online on real estate websites and social media platforms. These reviews can provide valuable insights into the quality of life in these compounds and help residents make informed decisions about where to live.
What amenities are typically available in the more affordable compounds of the New Capital?
The more affordable compounds in the New Capital typically offer a range of amenities and services, including swimming pools, gyms, green spaces, and security services. Some compounds also provide retail and commercial spaces, making it convenient for residents to access essential services and products.
Are there any new affordable housing developments planned for Egypt’s New Capital?
Several new affordable housing developments are planned for Egypt’s New Capital. The government of Egypt has announced plans to build more affordable housing units in the area to meet the growing demand for housing. These developments are expected to provide residents with a range of affordable housing options and help alleviate the housing shortage in the area.
