O West: Apartments, Townhouses, Penthouses in 6th October, Egypt

O West in 6th October: A Perfect Blend of Luxury and Comfort Located in the heart of 6th October, O West is a luxurious mixed-use development that offers a perfect blend of luxury and comfort. The project, developed by Orascom Development, is spread over 4.2 million square meters and features a range of amenities and facilities that cater to the needs of modern-day living. Amenities and Facilities at O West in 6th October O West offers a wide range of amenities and facilities that cater to the needs of residents. Some of the highlights include: - Clubhouse: The 15,000-square-meter clubhouse offers a range of facilities, including a gym, spa, and swimming pools. - Parks and Greenery: The development features 25 acres of parks and greenery, making it an ideal place for nature lovers. - Retail and Dining: The project features a wide range of retail and dining options, including a mall and a range of restaurants and cafes. - Sports Facilities: O West has a range of sports facilities, including football and basketball courts, tennis courts, and a skate park. - Security: The development has a state-of-the-art security system that ensures the safety of residents. Location of O West in 6th October O West is located in 6th October, a popular residential area in the outskirts of Cairo. The development is just a short drive away from some of the city's major landmarks, including: - Cairo International Airport: 50 km - Pyramids of Giza: 18 km - Al-Jazira Club: 6 km - Mall of Arabia: 4 km - City Centre Mall: 11 km Why Invest in O West in 6th October? There are several reasons why investing in O West is a good opportunity: - High Demand: 6th October is a popular residential area that attracts a lot of people due to its proximity to the city center. - Developer's Reputation: Orascom Development is a reputable developer with a proven track record of delivering high-quality projects. - Amenities and Facilities: O West offers a wide range of amenities and facilities that cater to the needs of modern-day living. - Capital Appreciation: The value of properties in 6th October is expected to appreciate in the coming years, making it a good investment opportunity. Buyer Guide for O West in 6th October If you're interested in buying a property in O West, here are some things to keep in mind: - Property Types: O West offers a range of properties, including apartments, townhouses, and villas. - Payment Plans: The developer offers flexible payment plans that cater to the needs of buyers. - Resale Value: Properties in O West are expected to have good resale value due to the development's amenities and facilities.

6th of October City, often abbreviated as 6th October, is a rapidly growing city located in the Giza Governorate of Egypt. The city was established in 1979 as part of the government's plan to expand urban areas and relieve the pressure on Cairo. Today, it is one of the most desirable places to live and invest in Egypt.

Real Estate Market: 6th October has a diverse real estate market that offers various options for investors and residents. The city is divided into several districts, including Sheikh Zayed, Al Hosary, Al Ashgar, Al Motamayez, and Al Remaya, each with its unique features and amenities.

The most popular areas for residential properties are Sheikh Zayed and Al Hosary. Sheikh Zayed is known for its luxurious villas and modern apartments, while Al Hosary offers more affordable housing options for middle-class families. The average price of a residential property in 6th October ranges from EGP 2,000 to EGP 20,000 per square meter.

The commercial real estate market in 6th October is also thriving, with several shopping malls, office spaces, and industrial parks. Some of the prominent commercial projects in the city include Mall of Arabia, Arkan Plaza, and West Hills Mall.

Community and Landmarks: 6th October is a vibrant community with a diverse population. The city has several international schools, universities, hospitals, and recreational facilities, making it an attractive destination for families.

The most famous landmark in 6th October is the Pyramids of Giza, which are located only a few kilometers away from the city. Other popular attractions include Dream Park, Media Production City, and the Egyptian Grand Museum.

Attractions to Live There: 6th October offers a high standard of living, with modern amenities and a peaceful environment. The city has several parks, sports clubs, and cultural centers, providing residents with ample opportunities for entertainment and leisure.

The healthcare system in 6th October is also well-developed, with several hospitals and clinics offering top-notch medical services. Moreover, the city has an efficient public transportation system that connects it to other parts of Cairo.

Attraction for Investors: 6th October has a thriving economy and a favorable business environment, making it an attractive destination for investors. The city has several industrial zones and business parks, offering opportunities for businesses in various sectors, including manufacturing, information technology, and logistics.

The government has also implemented several incentives to encourage foreign investment in the city, such as tax exemptions and streamlined procedures for setting up businesses.

Why Invest in 6th October: 6th October offers a unique investment opportunity with a high return on investment. The city has a robust real estate market, with a growing demand for residential and commercial properties. Moreover, the government's focus on developing infrastructure and attracting foreign investment is expected to drive economic growth in the coming years.

Buyer Guide: Before investing in 6th October, buyers should consider their budget, preferred location, and the type of property they want to invest in. It is recommended to work with a reputable real estate agent to guide you through the buying process and ensure that you make a sound investment decision.

Buyers should also conduct due diligence on the property and ensure that all legal requirements, such as permits and licenses, are in place. Additionally, it is recommended to assess the rental yield and potential capital appreciation of the property to make an informed investment decision.

Reference: https://en.wikipedia.org/wiki/6th_of_October_(city)

Orascom Development is a leading developer in Egypt's real estate market, with a reputation for quality, innovation, and sustainability. The company has been active in the industry since 1998, and has established itself as a trusted and respected developer over the years. 

History

Orascom Development was founded in 1998 with a mission to develop integrated towns and resorts that offer a unique and sustainable lifestyle. The company's first project was El Gouna, a luxurious tourist destination located on the Red Sea coast of Egypt. Since then, Orascom Development has expanded its operations across Egypt, Switzerland, and Montenegro, with a portfolio of diverse and innovative real estate projects.

Real Estate Projects

Orascom Development has a diverse range of real estate projects that cater to a wide range of clients. These include residential, commercial, and hospitality properties. Here are some of their notable projects:

-El Gouna: Orascom Development's flagship project, El Gouna is a luxurious seaside town that offers a unique lifestyle. The town features a marina, golf courses, restaurants, hotels, and residential properties.

-Makadi Heights: Located in Hurghada, Makadi Heights is a gated community that offers a range of residential properties, including apartments, townhouses, and villas.

-O West: A new development located in 6th of October City, O West is a mixed-use development that offers residential and commercial properties, as well as recreational facilities and green spaces.

-Montenegrin Coast: Orascom Development has two projects on the Montenegrin coast, Lustica Bay and Luštica Bay Marina Village, which offer luxury residential properties and a marina.

Reputation in Egypt Market:

Orascom Development has a reputation for quality, innovation, and sustainability in Egypt's real estate market. The company has won numerous awards for its projects, including the "Best Mixed-Use Development in Egypt" award at the Africa & Arabia Property Awards 2019-2020 for O West. Orascom Development has also been recognized for its sustainability efforts, and is committed to developing environmentally-friendly and sustainable communities.

Achievements:

Orascom Development has achieved significant success in the real estate industry over the years. The company has completed several iconic projects, including El Gouna, which has become a major tourist destination in Egypt. Orascom Development has also won numerous awards for its projects and its commitment to sustainability.

Why Invest in Orascom Development?

There are several reasons why you should consider investing in Orascom Development. Firstly, the company has a strong reputation in the real estate industry, with a track record of delivering high-quality projects. Additionally, Orascom Development has a diverse portfolio of projects that cater to a wide range of clients, offering opportunities for both residential and commercial investments. Lastly, the company is committed to sustainability, which is becoming increasingly important in today's real estate market.

Buyer Guide:

If you are interested in investing in Orascom Development, it is important to do your research and consult with a real estate expert. Here are some key considerations to keep in mind:

-Determine your investment goals and budget.

-Research Orascom Development's portfolio of projects and choose the one that best fits your investment strategy.

-Consult with a real estate expert to ensure you have a clear understanding of the investment process and any potential risks.

-Evaluate the financial viability of the project, including the expected return on investment.

-Consider the location and potential for capital growth in the future.

Reference: https://www.orascomde.com