Winky
Joined: 20 Dec 2004
Posts: 4586
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| Posted: Wed Oct 25, 2006 1:50 am Post subject: Where do you want to live in Cairo or holiday in Egypt ? |
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Al-Solaimaneyah
Only 55 km along the Cairo-Alexandria Desert Road, the desert stops and Al-Solaimaneyah begins. A broad, commercial high street penetrates the middle of the villa area, where all the action takes place. It is alive with restaurants, shops, entertainment centers, public utilities, gardens, and a 200-m promenade platform even as the area continues to grow.
This charming upscale community is carefully designed to ensure the privacy of villa owners. The architectural style is unique, both modern yet reflective of the demands of most Egyptian families. Recreation comes in the form of golf facilities, large, outdoor jogging areas around a lagoon, and mega-chess game at the Swan Café, in addition to football, tennis, swimming and volleyball.
A large area is allocated to a language school that includes a nursery, kindergarten, primary, preparatory andsecondary schools. All essentials including a post office, police station and fire station are also nearby. Villas start at around LE 267,000, with prices then varying according to both the amount of land and the size of the building; 10 percent of the total amount is paid in advance and the rest over four years without interest. Property is delivered two years after the sale contract is inked.
66 Mohie El Din Abou El-Ezz St., Giza. Tel: (02) 338-5777 / (02) 335-3317 / (02) 335-3318. www.solaimaneyah.com
Cascada
Giving Al-Solaimaneyah a run for its money is the much-touted Cascada, located 25 km from the toll station. Starting at just LE 120,000 for a villa (prices go up to LE 448,000 depending on size) and with installments payable over a period of up to 20 years, the investment is an enticing one for those looking to change their lifestyle. A complete sewage system, electricity and water station are in the works and buyers get to choose the size of the plot they’d like to go with their new home.
Masr El-Khadra, 33 Shehab St., Mohandiseen. Tel: (010) 192-0643 / (010) 192-7311 / (010) 192-7062. Gulf buyers can visit company branches in Kuwait, Qatar and Saudi Arabia.)
El-Reef El-Oropi
After the huge success of the first phase of El-Reef El-Oropi, at time of press the company was offering land at LE 35,000 a feddan (three-day promotion). The up-and-coming ‘farming compound’ offers basic amenities such as paved roads, electricity and water, as well as acres of arable land. Own medium to large-size farms complete with your very own villa where you can live out all your dreams of a bucolic paradise.
66 Gameat El-Dowal El-Arabia St., Mohandiseen. Tel: (02) 762-2452 / (02) 761-6655 / (02) 761-0402.
Wadi El-Molouk
Ten minutes from the toll station on the Cairo-Alex Desert Road is another farm complex of sorts. Electricity, drinking water and paved roads mean you can move in straight away and start farming. Prices range between LE 25,000 and LE 45,000 per feddan, depending on location. For those in the Gulf looking to invest in farmland, Wadi El-Molouk also has offices in Dubai and Kuwait.
7 El-Zohour St., Mohandiseen. Tel: (02) 335-8953 / (02) 335-8713.
SIXTH OF OCTOBER CITY
A well-planned industrial and residential city, Sixth of October caters both to the needs of its residents as well as to the needs of small- and medium-sized businesses. It is divided into three districts: the industrial, the tourist and the residential district, with green areas separating them. The compounds are simply beautiful, with houses built on large tracts of land, complete with swimming pools and surrounded by gardens.
Not only are basic amenities at your fingertips, but also the luxuries are there too in the form of the Sixth of October Club and branches of the Zamalek and Ahli clubs currently under construction. Schools and kindergartens are available, as well as the Sixth of October University. Air-conditioned bus service is available from Mohandiseen to the main bus terminal and from there you can easily find a ride to your respective compound.
Darah Gardens
This is a luxurious compound with California-inspired architecture over an area of 47 feddans. The project (one of many all over Egypt and the Middle East) is a joint venture between the National Bank of Egypt and the Sabbour family.
The first 200 villas, complete with all essential utilities and services of the first phase, have completely sold out and work has already begun on the second phase, which will comprise 76 villas, 87 townhouses and 44 semidetached villas. Buildings are surrounded by lush, green landscape making up a truly exclusive community a stone’s throw from the new Shooting Club.
El Ahly for Real Estate Development. Tel: (02) 574-1786 / (02) 574-4290
Dream Land
A mere eight kilometers from Remaya Square in Haram lies what is probably the most advertised residential suburb near Cairo. Owned by business tycoon Ahmed Bahgat, Dream Land offers myriad services and entertainment facilities and guarantees a comfortable, healthy lifestyle. The area boasts a sports club, Dream Park fun fair, complete with state-of-the-art rides for children and adults, the Hilton Pyramids Golf Resort, a shopping mall, and tens of restaurants and fast food joints for all tastes.
There is also a 100-acre sports club, movie theaters, a golf course, horseback riding and tennis club. A hospital and two health clubs complete the picture. Choueifat International School and the Canadian school for children with special needs are up and running.
Apart from the villas and apartment buildings available in all sizes, there are some private areas especially sectioned off, in case a group of friends or a family want to share and design their own building or villas. All the units overlook golf courses, gardens and swimming pools.
38 Mohamed Kamel Morsi St., Mohandiseen. Tel: (02) 338-1223/6/7/8
Beverly Hills
The concept behind Beverly Hills is to provide a full-fledged complex complete with residential, commercial and business areas. Just 15 minutes away from Lebanon Square in Mohandiseen and 30 minutes from Tahrir Square, it is easily accessible via the Cairo-Alexandria and Cairo-Dahshour highways. Water, electricity as well as telephone lines are available.
Conceived as an extension of Mohandiseen, since it is only 23 km away, Beverly Hills targets both Egyptian upper- and middle-class clients, offering apartments that range from 149 square meters to 297 sqm. Villas built on 700 sqm tracts can either be bought as semi-finished units or, if you want your own interior design you can purchase land at LE 713 per meter. Units are available in the second phase, which should be complete within the next 18 months. Construction is allowed on up to 35 percent of the land, while the rest is allocated to the private garden.
SODIC, 11, 26th of July St., Lebanon Square. Tel: (02) 305-4001/2/3/5, Fax: (02) 303-1360
Utopia
Covering an area of 28 feddans, Utopia’s villas had mostly sold out at press time. All units overlook gardens, courts and swimming pools, which comprise 10 feddans of the total area. The last phase is expected to be complete by June 2006. Prices begin at LE 340,000 for a villa (semi-decorated) and are available upon payment of 20 percent of the total sum. Installments can be made over a period of 9 years.
Utopia Real Estate Development, 36 Nadi El-Sheid, Dokki. Tel: (02) 337-1882 / (02) 337-7583.
Al Ashgar Province
Both affordable and easily accessible, this relatively new area is a great spot for newly married couples or those who want to retire far from urban life. It is a complete city unto itself with all the possible facilities you might need. Mosques, malls, clinics, gymnasiums, schools, nurseries and parks are all available in a lovely setting full of trees. Built on a plateau of sorts, the weather is optimum year-round.
18 Nawal St, Agouza. Tel: (02) 336-3610, Fax: (02) 336-3619
Sheikh Zayed Residence
A draw for young couples tired of the hustle and bustle of the city, Sheikh Zayed, 20 km from Mohandiseen, boasts well-maintained, clean roads and lots of greenery and telephone lines. Everything from grocery stores, a butcher and baker to a pharmacy is available only a stone’s throw away.
Three or four kilometers on, there’s the Sixth of October Club and, within a six to 10-km radius, there are a variety of public and private schools and kindergartens as well as the Sixth of October University. An air-conditioned bus service is available from Mohandiseen to the main terminal in Sixth of October, from which micro and mini buses can take you to Sheikh Zayed.
Dorra Group, 54 Lebanon St., Mohandiseen. Tel: (02) 344-5518/9
Sama Zayed
Situated in Sheikh Zayed, opposite the Ahli Club, this exclusive villa complex has only 105 two-story units. Residents have their own social club, mall and mosque and need only pay LE 54,000 to own their new deed. Villas will be ready by December 2007 and installments can be paid over a period of 7 years.
Naresco, 29 El-Falah St., Mohandiseen. Tel: (02) 304-1173 / (02) 304-9734
First Heights
One of the newest all-inclusive compounds this side of town is First Heights, across from Sheikh Zayed. Management dub this ‘life on top’ and boast an 80 percent total of sloping green areas, with tracts of land starting at 413 sqm. Residents can make use of the swimming pools and tennis courts as well as a social club. There’s also 24-hour maintenance and security. Units can be available in as little as six months after payment of a 10 percent deposit. Installments are at no added interest.
76 Gameat El-Dowal El-Arabia St., Mohandiseen. Tel; (02) 762-4244 / (02) 762-3943. There are also offices in Saudi Arabia, the UAE and Kuwait.
Royal City
Another new addition to the area is Royal City, where developers promise you’ll really feel like royalty once you settle in. Gorgeous landscaping highlights first-class amenities and facilities courtesy of the Babatain Kuwait group. The city is conveniently located just 20 minutes from the 26th of July flyover.
25A El-Obour Buildings, Salah Salem St., Heliopolis.
Mena Garden City
The Mena Garden City project is built over an area of 240 feddans. Its 427 villas cover a mere eight percent of the total area, while the remaining expanse is allocated for parks, a health club, entertainment and commercial centers. Residents can enjoy the sports club covering an area of 45 feddans which houses, tennis courts, squash courts, a mini golf course, indoor stadiums as well as an artificial lake.For families and teens, a complete entertainment center is built over an area of 13 feddans, and includes restaurants, a cinema and a shopping center. The highlight of Mena Garden City is a 14-feddan health resort, with a five-star hotel in the center, boasting 140 double rooms and suites.
Mena for Investment and Real Estate, 23 Shehab St., El-Mohandiseen. Tel: (02) 302-2222 / (02) 302-4748
EL SHOROUK CITY
On the other side of town, along the Cairo-Ismailia Desert Road is El Shorouk City, distinctly designed to provide a rare blend of timeless tradition and cutting edge convenience. It offers you a broad range of floor plans with an impressive variety of special features to cater to your unique lifestyle and preferences. Down the Suez Road it’s just 20 minutes away from the heart of Heliopolis. The magnet that has served as the biggest area attraction is undoubtedly the new Heliopolis Club branch, as well as various international learning institutions such as the British University in Cairo, branches of reputable Cairo schools as well as the Shorouk Academy.
Green Land
Built over an area of 211 feddans, 175 of which are above sea level, the remaining villas in Green Land range in size from 240 to 600 sqm. This new type of integrated city claims to offer its residents a healthier lifestyle as well as better municipal services than some developments.
Located in the center of El Shorouk City, it is a mere 20 minutes away from Heliopolis.One of the main features of the project is a sports club with tennis courts and soccer fields, in addition to swimming pools. Green Land also houses a commercial center, a recreational center, a social club and a mosque.
Egyptian Engineers Group, 5 El Mosheer Ahmed Ismail St., Heliopolis. Tel: (02) 266-2811.
El Nakhil District
Owned by textile mogul Mohamed Farid Khamis of Oriental Weavers, which also owns the adjacent Shorouk Academy and is working on the British University in Egypt (BUE), El Nakhil is one of Shorouk’s most exclusive compounds.
Shaded, leafy streets wind around sophisticated villas built on large plots of land (construction up to 40 percent, remainder is allocated to gardens). Residents can make use of their own club, medical services unit and mini commercial mall. The first phase has already been swallowed up and it looks the same for the second phase, which went on the market this summer. Prices range from LE 625 to LE 750 per square meter of unbuilt land depending on location.
Orientals for Urban Development, Oriental Weavers Bldg, Airport Road (Sheraton Heliopolis), Heliopolis. Tel: (02) 267-2121 / (02) 267-9112 / (02) 267-1548.
NEW CAIRO
O ne of the best-developed suburbs, New Cairo, unlike so many others, made sure all the infrastructure and amenities were in place before the residents arrived. Which is why so many schools chose this area to build bigger, better premises. It’s also home to a number of universities and the heart of it all is the Katameya empire, close to the JW Marriott Hotel. The area has recently witnessed a building frenzy and has thus far proven a sound investment option. Plots of land are available but it’s inside the compounds where you’ll find the rich and famous.
Katameya Heights,Residence and Hills
As exclusive as they come, these three compounds are home to a number of the capital’s landed gentry and the environments are decidedly upper class. Lucky owners who snapped up Katameya Heights, the first compound, are unlikely to give up their property, and Al Ahly for Development, which executed the project, quickly began offering the idyllic Katameya Residence. Located on 67 feddans between the Mubarak Academy and Mirage City, the compound is home to 161 harmoniously designed villas, 146 townhouses and 54 semidetached villas. Owners can make use of the sports and social club and need not leave the compound to find a supermarket, dry cleaners, pharmacy and clinic.
Al Ahly has also been lucky with Katameya Hills, which is perched atop a green, rolling hill. With virtually no pollution, this exclusive enclave might justly be thought of as the very epitome of splendid isolation. Yet Katameya Hills is only 10 minutes away from Maadi, the Mounib Bridge link, and is served by several fast trunk routes into Cairo itself. Covering an area of 35 feddans, the project consists only of villas, and number only 112. Each is set in its own grounds. Light, spacious, exuding modernity, whilst retaining the restrained architectural lines of the Classical age, this small collection of villas enjoys stunning vistas. For those who aspire to the heights, this hilltop refuge is, above all others, the place to be.
Al Ahly for Real Estate Development. Tel: (02) 574-1786 / (02) 574-4290
El-Rehab City
One of the most popular Cairo suburbs, El-Rehab covers an area of 6 million sqm divided into six equal sections, each covering 220 feddans. Educational, health, commercial, recreational and maintenance facilities are shared among the different sections.
A fully equipped medical clinic with a 24-hour ambulance service is available and mosques, language schools, a sports club and a mall are fully operational. Located at the North East side of New Cairo, where the eastern ring road intersects with the Cairo-Suez Road, it is 20 minutes away from Heliopolis and Nasr City and 30 minutes from Downtown.
The residential buildings consist of 20 different models and range in size to satisfy all needs and tastes, with a maximum of five floors each. Distributed in clusters, the buildings are surrounded by green areas and connected with pedestrian passages. Facilities are within walking distance of every residential cluster and each cluster has its own parking lot.
On the school front, there are the British School and the Future Foundation School (French, German and English) and a nursery. Shuttle buses are free inside the complex and, for a fee, ferry residents every 20 minutes to high streets around the capital.
In the fifth section units up to 300 sqm overlooking vast areas of green are now being sold off, as well as villas sized 209 to 400 sqm. Payments can be made in installments up to seven and a half years.
34/36 Mossadak St., Dokki. Tel: (02) 331-2000/ (02) 301-6701, Fax: (02) 336-2198
Golf Town and Golf City
Ten minutes from Heliopolis and Nasr City lies what developers believe will be the ‘future of modern residence,’ Golf Town. At the entrance of Obour City (on the Cairo-Ismailia Road) the new area, as the name suggests, offers a number of golf courses in addition to vast expanses of green.
There’s also a clubhouse and pool, 24-hour security, the Geroland fun fair, a M?venpick hotel, as well as the Cairo AC Milan club. Apartment blocks are currently on offer, with three different designs to choose from and sizes ranging from 145 to 280 sqm. Interested buyers pay 30 percent up front and the rest in installments over 10 years.
5 Moushir Ismail St., behind Sheraton Heliopolis Hotel. Tel: (02) 266-1813.
THE MAADI CIRCULAR
Ever since Carrefour opened its doors to throngs of clients from all over the capital, the Maadi stretch of the Ring Road has witnessed a building boom like no other. Suddenly scores of building blocks are coming up where less than five years earlier people never dared set foot. With work on the Shooting Club currently under way, more and more people are looking into this area, whose location has made it close to virtually every major district in Cairo.
Palm City
Brightening up the dreary desert landscape of the Circular by Carrefour is Palm City, currently a hub of construction activity. Inside the compound is the Alolaia Plaza, a gated apartment building complex comprises units with a view of either the garden or the pool. Amenities include security, several elevators, a central cable TV network, private garage and an intercom. Unit sizes range between 175 and 185 sqm, with a square meter going for LE 1150-1250. Buyers can opt to pay in installments (at no added interest) over a five-year period.
El-Nakil for Real Estate Development, 17 Ibrahim Nawar St., behind Hassabo Hospital, Nasr City. Tel: (02) 671-3331 / (02) 671-2666 / (02) 670-3957 / (02) 670-3968
Maadi Grand City
Opposite the new shooting and Maadi Clubs, by Carrefour, motorists can glimpse what looks set to be the area’s most exclusive compound. Units range in size from 120 sqm to 335 sqm and prices start at LE 740 per meter. Installments can be paid over an eight-year period and residents get free membership to the exclusive club.
Degla Group for Investment. Tel: (02) 705-7033 / (02) 705-7133.
Maadi
Conveniently located in the southernmost part of Cairo, Maadi is generally known for attracting the expat community. The beauty of the district is that it combines modern and classic architecture in great harmony, with delightfully shaded roads where you’ll never have problems with parking or traffic.
But be careful if you’re not familiar with the road system, a wrong turn could mean you’ll be driving around for hours. Foreign nurseries and schools are found on every street corner, so you’ll have no problems in that department.
Maadi will also win first place when it comes to cozy little family-owned restaurants and comfy cafés. There’s also the advantage of being a hop, skip and jump away from Carrefour, your one-stop-shopping venue of choice for everything from Brussel sprouts to car tires.
Lots of bank branches, shopping malls and cinemas are on hand, as well as sports facilities like the Maadi Club and the popular new Degla Valley Sporting Club. Subway stations in central locations keep you connected with the rest of Cairo. And if you’re driving, the autostrad, ring roads and the Mounib Bridge make even the furthest areas just minutes away.
Along the corniche are a number of swanky high-rises, among them the Dallah Tower, which is currently selling residential units between 390 and 815 sqm. Prices start at LE 3,400 per square meter and buyers can opt to pay 45 percent and the rest over 3 years. Units are unfinished and available immediately.
Al Mohanad, 64 Mossadak St., Dokki. Tel: (02) 748-0254 / (02) 748-0534.
Prices in Maadi: The cost per square meter of an unfinished flat ranges from LE 1,800 to LE 4,200, while a finished one goes between LE 2,700 and LE 4,200, depending on the quality of the finishing and the area. Renting a furnished apartment can cost as little as LE 1,200 a month in parts of New Maadi to $10,000 for a fully furnished villa.
Zamalek
This area is one of the hottest (and most expensive) in Cairo mainly because of its prime location. Zamalek is actually a natural island surrounded on all sides by the Nile. It also houses most of the embassies in Cairo, which makes it a very safe place to live.
The turn-of-the-century architecture is one of Zamalek’s biggest aesthetic draws, where grandiose villas from days gone by grace most street corners. If you’re lucky, you can get your hands on an apartment with a Nile view. Zamalek is also known for its great eateries, many of which have been around for ages. It is also an art-lover’s haven with a slew of private and public galleries and cultural centers including the Cairo Opera House and El-Sawy Culture Center, now the hippest venue for indie theater troupes and aspiring artists. Perhaps if there is one pet peeve about this delightful, quaint neighborhood, it’s the parking issue. Many times you’ll wish you could just fold up your car and take it home.
Prices: Apartments ranging between 200 sqm to 400 sqm overlooking the Nile cost from LE 3,000 to LE 6,000 per meter, while those inside range from LE 1,600 to LE 2,000 per meter. Renting an unfurnished flat costs $1,000 to $2,500. While bargains are sometimes available (word-of-mouth is best), furnished flats tend to cost in the range of $1,000 to $10,000.
Heliopolis
Located on the northeast tip of the capital, Heliopolis is indisputably the most highly maintained Cairo neighborhood. Perhaps the fact that it houses our version of the White House — Kasr El Oruba — has something to do with it, but in any case it bodes well for those lucky enough to live there. Wide streets (probably the widest in the whole of Cairo) and lots of greenery, including the International Garden and the Children’s Park in nearby Nasr City, make this place quite pleasant to drive in. There’s no dearth of bridges and tunnels to keep the traffic going. Heliopolis is also the closest neighborhood to the airport and houses Cairo’s National Stadium complex. A bustling area rife with cinemas, theaters, restaurants and clubs, many consider Heliopolis the jewel of the real estate market.
Prices: The cost of renting a 130 to 200- sqm flat is around LE 1,500 to LE 2,500, while buying costs something in the neighborhood of LE 1,300 to LE 2,000 per square meter. Renting in the Sheraton Heliopolis area costs LE 2,000 to LE 5,000, while renting in Ard El Golf ranges between LE 1,500 and LE 3,000.
THE NORTH COAST
The summer destination of choice, the North Coast has had quite a bit of competition of late from newer developments, but with its fantastically cool summer weather, back to back resorts and wild nightlife offerings, it’s still the place to see and be seen every July and August.
Mena 1, 2, 3, 4 Beach
These four resorts, owned by Mena for Touristic and Real Estate Investment, are located on km 86, km 85, km 76, and km 72 along the North Coast in Alexandria. Construction does not exceed 15 percent of the total area, while the rest is allocated to gardens and parks. Built on several levels, most units are granted a sea view. The center of the resort houses the entertainment and services area complete with shops, a fully-equipped health club, sports courts, clinic, cafeteria, a restaurant, swimming pools, a big mall, an open theatre and a conference hall. The administration also provides sophisticated maintenance and security systems that operate all year round. Available units are at Mena 4.
Prices: You can pay 25 percent up front and the rest over 3 years.
Mena for Touristic and Real Estate Investment, 23 Shehab St., Mohandiseen, Cairo Tel: (02) 302-2222. www.mena.com.eg
Golden Beach Borg El-Arab
Only 45 minutes away from Borg El-Arab International airport, Golden Beach Borg El-Arab resort is located 47 km west of Alexandria. It boasts a 600-m beach stretch along the Mediterranean coast. This ideal resort is constructed over 400,000 sqm, of which villas cover only 20 percent. The villas are built on various levels to guarantee sea views for all residents. The resort offers plenty of facilities and the highest level of privacy since there is no renting or day-use available. Tennis courts and football and croquet fields cover a considerable part of the area. Beside the swimming pools available all over the area, there are two major pools; one with fresh water while the other is connected to the sea. There is also an open-air movie theater on the weekends around the cafeteria. The unique recreational facility of go-karts is also offered.
54 Lebanon St., Mohandiseen. Tel: (02) 304-1329/28, Fax: (02) 304-2195.
El Marwa Resort
For a piece of the action, El Marwa Resort places you in the perfect location: 40 km from Agami, 10 km away from Borg El-Arab and 45 minutes away from Alexandria proper. El Marwa opened its doors just in time for last year’s summer season with a number of fully operational services and facilities. In all, the resort has five pools, one of them 2,200 sqm, the others 900 sqm each. All five have a kiddies’ area. Other recreational facilities include: tennis and basketball courts, bowling alleys and kids’ play areas. There are separate bicycle lanes and pedestrian walkways along the private beach. In the heart of the resort are the mosque, movie-theater and commercial outlets. All units (buyers can choose between villas with private gardens, chalets or flats) have cable TV and telephone lines.
42 El-Shahid Abdel-Moneim Riyadh St., Mohandiseen.El Mohandiseen. Tel/fax: (02) 762-6116
RAS SUDR
Ras Sudr, located about 60 km south of Cairo’s Ahmed Hamdi Tunnel, occupies a zone extending some 95 km along the Sinai Coast. At one time, it was nothing but a quiet coastal town, locally known for wind surfing, but today, it sports new tourist facilities, and also boasts shops and private villas. Alongside the old pioneers, mostly modest, camp-like resorts are available. Ras Sudr is particularly popular given its close proximity to Cairo and its moderate year-round climate. The area enjoys a number of natural assets, including deserts; mountains; valleys; unusual virgin beaches with small, sandy gulfs, and signature sulfuric, therapeutic springs.
Paradise Beach Resort
Just as the name suggests, owning property at Paradise Beach Resort on Ras Sudr’s Ras Matarma Bay is like owning a little piece of paradise. The first phase was completed in 1999, and work is currently progressing on the second phase of the resort, which boasts a whopping 2,000 sqm swimming pool as well as pristine beaches. The resort also has a small, 50-room hotel, and (for a fee) chalet and villa owners can make use of the hotel’s facilities such as room, laundry and housekeeping services. Aside from swimming, Ras Sudr is also popular for fishing, and there are tennis courts and a kiddies’ area for land lovers. Chalets are sized at 80 to 130 sqm, and ground floor units have a private garden, while second floor ones also include a roof. A handful of villas are also available.
Egypt Co. for Touristic Investment, 43 Nakhla El-Motei St., Heliopolis. Tel: (02) 638-6815 / (02) 638-1300 / (02) 644-3204.
La Hacienda
Stellar hospitality service and an exclusive family atmosphere make this one of Ras Sudr’s better options. Exclusive chalets and villas, all with a sea view are available. The third phase has recently gone on the market with prices ranging between LE 74,000 and 890,000 payable over four years with no added interest.
El-Bahrawy for Investment, 20A Manshiet El-Tayaran St., Heliopolis. Tel: (02) 415-4161 / (02) 418-6667. www.lahaciendarassudr.com.
Palm Beach Resort
Covering an area of over 57 feddans, 60 percent of which are gardens and facilities, Palm Beach Resort consists of chalets and villas to satisfy all needs. Complete infrastructure in terms of a sewage system, water supply, electricity, medical care and telephone lines, is available. Chalets are sold either as a ground floor with a garden or a first floor with a roof. The resort has several restaurants, shops and grocery stores and recreational facilities include tennis courts and swimming pools. Fully operational maintenance and security offices take care of any problems.
Mena for Investment and Real Estate, 23 Shehab St., El-Mohandiseen. Tel: (02) 302-2222 / (02) 302-4748
AIN SOKHNA
Ideally situated 120 km away from Cairo, Ain Sokhna is the perfect location for a second home where you can go for year round weekend getaways or just overnight if you’ve had a particularly stressful day. It combines all the things you love in a Red Sea resort with the added value of being very close to home.
Aquarius Resort
Reserve now and you’ll be able to spend all your long weekends, starting next year, at Aquarius right next to veteran resort Palmera. It boasts breathtaking landscaping encompassing a hotel and health resort. When the sun sets head for the entertainment and commercial center. Villas and chalets come with private gardens.
51 Ibrahim Nawar St., behind Hassabo Hospital, Nasr City. Tel: (02) 273-1895 www.aquareseg.com
Marina Wadi Degla
Building on the success of Wadi Degla Sporting Club, club owners have set their sights on Ain Sokhna. Marina Wadi Degla, slated for completion by December 2005, will be situated on a total area of about 223,000 sqm, including a 282-m wide beach. The resort will feature 150 villas and 150 chalets overlooking the sea and surrounded by landscaped gardens, multipurpose beach court and an aqua center. The new property will also be a very well equipped sports camp that is ready to welcome international club teams in various sports activities for training and relaxation. The resort will include a hotel with 150 apartments and restaurants, squash courts, tennis courts, football courts, multipurpose courts, gym and spa. Prices start at LE 200,000.
Zahraa El-Maadi, 4th District. Tel: (02) 521-8140/2. www.wadidegla.com
La Siesta Mountain Resort
As the name suggests, this gorgeous getaway is carved into the face of the mountains facing the Ain Sokhna waterfront. Absolutely splendid views and well-maintained roads wind up the mountain and take residents to their respective properties, which are built on different levels and therefore have unique views. A footbridge passes over the main highway for easy beach reach. Work is almost finished on the mammoth hotel and chalets can be rented per night.
MARSA MATRUH
L ocated on the Mediterranean, Marsa Matruh is distinguished by its seven-kilometer long beach, which, as most visitors have testified, is one of the most beautiful in the world with its soft white sand and almost transparent sea. Beautiful rock formations create natural wave-breakers, so the sea is usually calm. Though quite a distance from Cairo, this place is fast making a comeback as the perfect summer destination.
Canaria Beach
The highlights of Canaria Beach are its palm trees, clear water and the simple, aesthetic architectural design of its villas and chalets. It combines the advantages of being a double investment: it’s a permanent home and summer resort at the same time. Its facilities include a commercial, medical and a business center, eight swimming pools, green areas, parks and an open-air theater.
Yafa Mac for Construction & Commerce, 16 El Eqbal St, El-Saraya El-Kobra, Downtown. Tel: (02) 359-5581
Virginia Beach
Virginia Beach Resort was built around one idea: what people want most is to live in a villa on the beach with a private garden. Located on kilometer 84.5 of the Alexandria-Matruh Road, it boasts 24-hour security and maintenance, an air travel ticket and business center, emergency clinic, ambulance, commercial center, electricity generator, fire bridge, police station, banks, health clubs and mosques.
Talaat Mostafa Group, 34/36 Mosadak St., Dokki. Tel: (02) 331-2000 / (02) 301-6701 |
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