Ashgar City October Compound by IGI Real Estate is a residential development in Egypt that opened on October 6th. Spanning 148 acres, the project offers 4,000 units ranging in size from 77 to 234 square meters. Seven distinct unit designs provide a complete residential compound for its residents.
IGI Real Estate Development Company is the developer behind the Ashgar City October Compound. Established in 1994, the company was one of the first to start real estate development on the 6th of October. They believe that the real estate market in Egypt can face any challenges and are very interested in green spaces.
Overview of Ashgar City October Compound
Ashgar City October Compound is a luxurious residential compound located on the 6th of October in Giza, Egypt. IGI Real Estate, a well-known developer in Egypt, is developing the compound.
Location and Accessibility
Ashgar City October Compound is in a prime location adjacent to the iconic Great Pyramids of Giza. The compound is spread over a vast area of 148 acres, providing a serene and peaceful environment for residents. The location is accessible from the noise and pollution commonly associated with city life, making it an ideal place to live.
The compound is easily accessible from Cairo’s main roads, including the Cairo-Alexandria Desert Road and the Ring Road. This makes it convenient for residents to travel to other parts of the city.
Developer Background – IGI Real Estate
IGI Real Estate is a reputable real estate developer in Egypt. The company is known for developing high-end residential and commercial projects and has a proven track record of delivering quality projects that meet its clients’ needs.
Ashgar City October Compound is one of IGI Real Estate’s latest projects. The compound is being developed to provide residents with a luxurious and comfortable lifestyle.
The compound’s landscape is designed to provide residents with a serene environment. The project includes various facilities, including a state-of-the-art fitness center, a clubhouse, and a swimming pool.
In conclusion, Ashgar City October Compound is an excellent choice for those looking for a luxurious and comfortable lifestyle in a serene and peaceful environment. The compound’s prime location and IGI Real Estate’s reputation for delivering quality projects make it an ideal place to live.
Property Types and Architecture
Residential Units
Ashgar City October Compound provides a variety of residential units to meet various needs and tastes. The units vary in size from 77 to 234 square meters and are based on seven different designs. The property offers a compact community distinguished by noise—and pollution-free environment, making it an excellent choice for families.
The Ashgar City October Compound residential units are intended to offer residents comfortable and elegant living. The units provide modern amenities and features such as high-speed internet, elevators, and 24-hour security. The units also have big balconies and terraces with breathtaking views of the surrounding area.
Commercial Spaces
In addition to residential apartments, Ashgar City October Compound provides commercial space for enterprises. Commercial spaces are meant to give organizations a modern, professional setting that promotes productivity and growth. They vary in size from small offices to huge commercial buildings and are outfitted with modern amenities and facilities to satisfy the demands of businesses of all kinds.
The commercial areas in Ashgar City’s October Compound are strategically positioned, allowing firms to access important transportation networks and commercial centers easily. The property also provides enough parking for businesses and their customers.
Overall, Ashgar City October Compound is an ideal location for individuals and businesses looking for a luxurious and comfortable lifestyle in a noise-free and pollution-free environment.
Amenities and Facilities
Green Spaces and Parks
Ashgar City October Compound by IGI Real Estate provides a variety of green spaces and parks for people to enjoy. The compound’s creators have included enough vegetation to create a refreshing environment that encourages healthy living. The compound’s parks and green spaces provide a pleasant haven for people to relax and unwind after a busy day.
Community Services
Ashgar City October Compound by IGI Real Estate offers a range of community services to ensure that residents have everything they need within the compound. The compound’s developers have designed the community services to suit the needs of the citizens and make life more comfortable. The community services include a robust mobile network inside the compound, ensuring residents can always stay connected with their loved ones. Additionally, a 24-hour security system is in place to ensure the safety of all residents.
The compound also features a clubhouse, a social hub for residents to gather and socialize. The clubhouse offers a variety of amenities, including a gym, swimming pool, and spa. The compound’s developers have guaranteed that the clubhouse has something for everyone, regardless of their interests or hobbies.
Investment Opportunities
Ashgar City October Compound, developed by IGI Real Estate, provides potential buyers with a range of investment opportunities. The compound’s location on the 6th of October City, overlooking major roads and axes, makes it a prime investment opportunity for those looking for residential or commercial property.
Market Trends
The real estate market in Egypt is constantly evolving, with new developments and projects emerging regularly. However, Ashgar City’s October Compound stands out due to its unique location and design. The compound offers a variety of unit sizes and designs, ranging from 77 to 234 square meters, to cater to different needs and preferences.
Moreover, 70% of the compound’s area is dedicated to greenery and landscaping, providing residents with a serene and peaceful environment. This feature is becoming increasingly important to buyers seeking a balance between city living and nature.
Future Developments
As Egypt’s economy grows, the real estate market will follow suit. This growth will increase property demand, including those in Ashgar City’s October Compound. As a result, the compound’s value is likely to appreciate over time, making it an attractive investment opportunity for those looking to make a long-term investment.
Furthermore, IGI Real Estate is committed to continuously improving and developing the compound, with plans for future projects and expansions. This commitment to growth and development makes Ashgar City October Compound a promising investment opportunity for those looking to invest in a property that will continue to grow and appreciate over time.
In conclusion, the Ashgar City October Compound, developed by IGI Real Estate, provides potential buyers various investment opportunities. Its prime location, unique design, dedication to greenery and landscaping, and commitment to growth and development make it a promising investment opportunity for those looking for a long-term investment in the Egyptian real estate market.
Buying Process
Documentation and Legalities
Before buying a property in the Ashgar City October Compound, it is essential to ensure that all the necessary documentation and legalities are in place. This will help avoid any legal issues or disputes in the future. The buyer should carefully review the sales contract, which will outline the terms and conditions of the purchase. It is also recommended that the buyer seek legal advice from a qualified lawyer to meet all legal requirements.
The buyer should also ensure that the property is registered with the relevant authorities and that all taxes and fees are paid. The buyer should obtain a copy of the property’s title deed and verify that it is free from encumbrances or liens.
Financial Considerations
When buying a property in the Ashgar City October Compound, the buyer should consider various financial aspects. The buyer should determine the total cost of the property, including the purchase price, taxes, fees, and any other associated costs. The buyer should also consider the payment schedule and ensure it is feasible and affordable.
The buyer should also consider the financing options, such as a mortgage or loan. It is recommended that the buyer shop around and compare different lenders to find the best financing option that suits the buyer’s needs and budget.
Additionally, the buyer should consider the property’s potential return on investment (ROI). The buyer should research the area’s market trends and property values to determine the property’s potential appreciation or rental income.
Frequently Asked Questions
What are the current rental rates for Ashgar City’s October Compound properties?
No information is available regarding rental rates for properties in Ashgar City’s October Compound. However, you can contact IGI Real Estate for more details.
How do Ashgar City’s October Compound reviews compare to other IGI Real Estate projects?
More information needs to be available regarding reviews for the Ashgar City October Compound compared to other IGI Real Estate projects. However, you can check the reviews of other IGI Real Estate projects online or contact IGI Real Estate for more information.
What are the average property prices in Ashgar City’s October Compound?
The average property prices in Ashgar City’s October Compound start from 3,500,000 EGP. The starting areas are 140 sqm in Bonsai, 163 sqm in Evodia, and 194 sqm in Acacia. However, the prices may vary based on the property type and other factors. You can contact IGI Real Estate for more information.
Can you provide the exact location and address details for the Ashgar City October Compound?
Ashgar City October Compound is located in the middle of Al Wahat Road, which connects many main and important roads with its proximity to the most important landmarks of the 6th of October City. However, the exact location and address details are not available online. You can contact IGI Real Estate for more information.
What are the latest developments and facilities available in the Ashgar City Compound?
Ashgar City October Compound offers luxury, comfort, and comprehensive facilities in the heart of the 6th of October area. The enclave is free of the noise and pollution plagues city life, but its occupants enjoy a tranquil and peaceful environment. The project includes approximately 4,000 units based on seven distinct designs, ranging in size from 77 to 234 square meters. The landscape and flora account for 70% of the compound’s total area.
What types of properties are available in Ashgar City’s October Compound?
Ashgar City October Compound offers apartments of various sizes and designs. The units start from 77 square meters, and the starting areas are 140 sqm in Bonsai, 163 sqm in Evodia, and 194 sqm in Acacia. The compound offers a variety of options based on the needs and preferences of the buyers. You can contact IGI Real Estate for more information.
EGYPT MLS
Egypt MLS, a component of Arab MLS, represents an innovative real estate platform designed for licensed agents, realtors, and brokers in Egypt. It encompasses a comprehensive property database, streamlining the property search, comparison, and acquisition process. The primary objective of this platform is to bring about a paradigm shift within the Egyptian property market.
