One Bed Apartment - Flat Up for Sale in Cairo - Egypt - Ref 502378
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Apartment/Flat Description
Key Investment factors
• Low property prices starting at around only £30k
• Steady year-on-year capital appreciation of between 20-30%
• Beautiful, well established tourist hotspots suitable for varied tourist interests, from excellent diving and snorkeling to cultural and historical locations
• Stunning natural, unspoilt landscapes
• Steady annual growth in tourist figures
• Less property tax than paid in the UK
• No capital gains tax
• British residents avoid inheritance tax on any property in Egypt
• Foreign investors are regarded by the government as a big investment opportunity and laws have recently streamlined procedures, making the purchase procedure easy.
• Strong economic growth and increased investment in infrastructure are boosting the property investment market as a whole.
• Warm desert climate with temperatures ranging from 14°C in winter to 30°C in summer creating a year-round tourist season
• Politically stable country
• Increased inward investment, creating a rich investment climate.
• Well renowned developers are creating luxury resorts to cater for Egypt’s new influx of international tourists
• Easy air access from many European destinations makes Egypt an ever popular medium haul holiday location
• Cairo International airport is being modernized and a new terminal is to be built by early 2007
• Low cost of living and maintenance costs
• English is widely spoken, after Arabic
The development
Set within a cluster of 10 blocks, and each comprised of several buildings, Concorde captures the spirit of turn of the century Parisian architecture with its decorative iron railings, stone cornices and tall window openings.
Several facades lined side by side evoke a “city block” feel and are lined by a wide tree lined sidewalk and ample surface parking. Green pocket parks are captured in the internal courtyards of these blocks for the pleasure and use of its residents, in addition to swimming pools for the exclusive use of the Residents.
The apartments are beautifully crafted and detailed in line with its architectural reference. These elegantly designed interiors also offer majestic views of the spectacular outdoors.
The buildings will be 6-storeys, comprising 1, 2, 3 and 4 bedroom apartments.
Enter the gates of Centre Ville and capture the elegance and beauty of the French style of architecture.
Reminiscent of old Downtown Cairo’s belle époque architecture, Centre Ville recaptures the spirit of Parisian architecture that made Downtown Cairo so appealing, walk able and enjoyable as a place of residence.
The apartments and retail units will be encased in several architectural styles particular to that period of history, evoking the grandeur, luxury and charm of that era.
Centre Ville comprises of apartments and will be the backdrop for your dreams to become a reality and the palette for the creation of extraordinary memories, along with the added comfort and piece of mind of 24 hour security.
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Approximate price of this 1-Bed Unknown
EGP419,000 EGP |
€57,374 EUR |
£45,916 GBP |
US$71,981 USD |
(Currency and Foreign Exchange services supplied by  )
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| Type |
Apartment/Flat |
| Bathrooms |
1 |
| Bedrooms |
1 |
| Build Size |
56 |
| Category |
Off plan |
| Listed |
over 1 year ago |
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Innovative investment strategies offering 25% annualized returns regardless of market conditions
Find out more >> |
Property Characteristics
- Pool: Yes
- Views: Parks
- Parking: Underground parking
- Distance to Shops: Retail units on Ground floor
Map of Cairo, Muhafazat al Qahirah, Egypt
Towns located close to Cairo, Egypt
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Price of Property in Cairo, Egypt
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