Property or Location in Egypt

291 sqm Penthouse for sale in Fifth Square, New Cairo

Property type Penthouse
Property size 291 sqm
Completion Feb 2023
Finishing Fully Finished
Project name

Fifth Square

Developer

Al Marasem Developments

District Golden Square
Area New Cairo
City Cairo
Status

Under Construction

Developer CodeK042-302
SupplierAl Marasem Developments
LicenseResidential
TypePenthouse
DeveloperAl Marasem Developments
ProjectFifth Square
FinishingFully Finished
Status 2Under Construction
Bua291
Sale Price7793000
Price Per M Bua26780.068728522
Roof M166
Payment Plans24.5.5.0,16,32.10.10.0
CountryEgypt
CityCairo
AreaNew Cairo
DistrictGolden Square
Sold1

Fifth Square Master Plan

Master Plan

Fifth Square Map

Map

What is the price for Penthouse in Fifth Square , New Cairo ?

The price for Penthouse in Fifth Square , New Cairo is 7,793,000 EGP

Properties For Sale

Properties For Sale

All prices on elbayt.com website are starting prices. All the prices are updated and provided by project developer.

Last updated: Aug 2023

Size Type Bedroom Finishing No of years District Area Project
250 Sqm Apartment Fully Finished 8 Golden Square New Cairo Fifth Square
240 Sqm Apartment Fully Finished 8 Golden Square New Cairo Fifth Square

Your Ultimate Guide to New Cairo: The Best Real Estate Market in Egypt

New Cairo, a burgeoning gem in the heart of Egypt, has rapidly transformed into a sought-after real estate destination for both residents and investors. 
 
The New Cairo Advantage for Residents:
 
- Flourishing Communities:
New Cairo stands out for its meticulously planned communities that blend modernity with a touch of tranquility. With a range of property types, from luxurious villas to cozy apartments, New Cairo caters to diverse preferences. Prominent communities like Hyde Park, Mountain View, and Palm Hills offer serene environments and access to world-class amenities, making them attractive to families and individuals alike.
- Lifestyle and Landmarks:
Living in New Cairo offers an unparalleled lifestyle. The area boasts a plethora of shopping centers, entertainment venues, and dining establishments, ensuring residents have everything they need within arm's reach. Landmarks like the American University in Cairo (AUC) and Cairo Festival City Mall add to the area's charm, creating a vibrant and dynamic atmosphere.
- Education and Health:
For families, New Cairo is a haven of educational and healthcare institutions. Renowned schools like Cairo English School and Future International Schools provide top-notch education, while world-class hospitals such as Dar Al Fouad and Al Borg Medical Laboratories ensure access to quality healthcare services.
 
Attractions for Investors:
 
-High Return on Investment (ROI):
New Cairo's real estate market has demonstrated consistent growth, offering investors an attractive ROI. The demand for premium properties, coupled with the area's development potential, contributes to the appreciation of property values over time. Investors can capitalize on this upward trajectory to secure substantial returns.
-Thriving Business Environment:
New Cairo is not only a residential haven but also a thriving business hub. The area is home to numerous corporate offices and business parks, attracting a steady influx of professionals and expatriates. This demand for commercial spaces presents lucrative opportunities for investors interested in diversifying their portfolios.
- Strategic Location:
Positioned strategically between Cairo's city center and the Suez Canal Economic Zone, New Cairo benefits from its proximity to key economic and trade zones. Its well-connected road network and accessibility to the Cairo International Airport make it an ideal location for businesses to flourish, further enhancing the value of real estate investments.
- Infrastructure Development:
Investors are drawn to New Cairo due to ongoing infrastructure development projects. These projects not only enhance the quality of life for residents but also contribute to the overall appeal of the area. From improved transportation networks to upgraded utilities, these developments increase the desirability of properties for both residents and potential tenants.
 
New Cairo's real estate market presents an enticing blend of residential comfort and investment potential. With its thriving communities, modern lifestyle amenities, and strategic location, it's an attractive choice for those seeking a new home and investors aiming to maximize their returns. As this dynamic area continues to evolve, the New Cairo real estate market promises a bright future for all who are part of it. Whether you're looking for a place to call home or an opportunity to grow your investment portfolio, New Cairo has something remarkable to offer.

Reference: https://en.wikipedia.org/wiki/New_Cairo

Al Marasem Developments Lifestyle: An Insider's Guide to Egypt's Real Estate Developer

In the bustling landscape of Egypt's real estate industry, Al Marasem Developments stands as a beacon of innovation, commitment, and exclusivity. With a steadfast history, a remarkable portfolio of projects, and a reputation that speaks volumes, we'll delve into the heart of Al Marasem Developments. 
 
A Chronicle of Excellence and Commitment:
Founded with a vision in 1997, Al Marasem Developments swiftly embarked on a mission to redefine urban living in Egypt. The company's unwavering commitment to excellence has led it to become one of the nation's most prominent contractors. Over the years, Al Marasem Developments has left an indelible mark on the real estate landscape, crafting a legacy that resonates with quality, innovation, and integrity.
 
Notable Projects that Define the Landscape:
Al Marasem Developments' portfolio boasts a collection of projects that reflect its dedication to elevating the real estate experience:
- Airport Marvels: The company's prowess extends to airport developments, including the completion of iconic projects such as Hurghada International Airport's Terminal building and its annexes, the renovation of Cairo International Airport's Terminals 1 and 2, and the expansion of Alexandria's Nozha International Airport. The company's expertise in post-delivery project management, particularly in the realm of airports, is a testament to its commitment to excellence.
- Fifth Square Residences:A pivotal moment arrived in mid-2017 when Al Marasem Developments ventured into the residential market with the introduction of Fifth Square, a residential compound nestled in New Cairo. This marked a strategic pivot towards real estate investment, where the company harnessed its resources and expertise to serve the market.
 
Market Reputation: 
Al Marasem Developments has garnered a reputation that echoes trust, reliability, and innovation. Its successful track record in completing mega projects that contribute to Egypt's growth showcases its position as a major player in the real estate sector. With over 20 years of experience, the company's journey reflects a commitment to delivering projects that align with the diverse needs of the Egyptian market.
 
Advantages of Investing in Al Marasem Developments:
Considering an investment in Al Marasem Developments offers a range of benefits:
- Expertise Beyond Compare: Al Marasem's history of delivering successful projects underscores its expertise in the field.
- Prime Locations: The developer's projects are strategically situated, ensuring convenience and connectivity.
- Uncompromising Quality: Al Marasem Developments upholds the highest quality standards in all its endeavors.
- Diverse Portfolio: From airport developments to residential compounds, investors have a diverse range of options.
- Market Trust: The company's prominent reputation instills confidence and credibility among investors.
 
Al Marasem Developments remains an embodiment of commitment, excellence, and innovation. With a legacy of successful projects, a focus on delivering value, and a strategic shift towards real estate investment, Al Marasem Developments beckons investors to embark on a journey that promises exclusivity, growth, and the art of refined living.

Reference: http://almarasemdevelopment.com

About 291 sqm Penthouse for sale in Fifth Square

This 291 sqm Penthouse in Fifth Square comes in the size of Fifth Square 291 sqm is for sale for 7,793,000 EGP with a price per sqm of 26,780 EGP . This unit is located at Golden Square, New Cairo, Cairo.

This 291 sqm Penthouse has a payment plan option of 0% or 0 EGP downpayment and monthly payment of 182,000 EGP payable at 8 Years.

The completion date for 291 sqm Penthouse in Fifth Square is Feb 2023 and the finishing for the property is Fully Finished.

About Fifth Square, New Cairo

Fifth Square is located in New Cairo, . The developer of Fifth Square is Al Marasem Developments. The property types in Fifth Square with a property size from 240 - 250 Sqm.

The completion date for Fifth Square is Mar 2024 and the finishing for the properties are Fully Finished, Fully Finished with AC.

Fifth Square, New Cairo prices

The starting price of properties in Fifth Square is 15,875,000 EGP with a price per sqm of 63,500 EGP. The downpayment for a property in Fifth Square is starting at 0% or 0 EGP. The number of installments for a property in Fifth Square is 32 installments and has a payment plan of 8 years. The monthly payment of a property in Fifth Square is starting at 165,365 EGP

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