Property or Location in Egypt

295 sqm Penthouse for sale in The Icon Residence, New Cairo

Property type Penthouse
Property size 295 sqm
Completion Oct 2022
Finishing Semi-Finished
Project name

The Icon Residence

Developer

Style Home Development

District 5th Settlement
Area New Cairo
City Cairo
Status

Under Construction

Developer CodeI3A52
SupplierStyle Home Dev.
LicenseResidential
TypePenthouse
DeveloperStyle Home Dev.
ProjectThe Icon Residence
FinishingSemi-Finished
Status 2Under Construction
Bua295
Sale Price3894000
Price Per M Bua13200
Payment Plans20.20.10.0
CountryEgypt
CityCairo
AreaNew Cairo
District5th Settlement
Sold1

The Icon Residence Master Plan

Master Plan

The Icon Residence Map

Map

What is the price for Penthouse in The Icon Residence , New Cairo ?

The price for Penthouse in The Icon Residence , New Cairo is 3,894,000 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: Jul 2023

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295 Sqm Penthouse Fully Finished 1 5th Settlement New Cairo The Icon Residence

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

Style Home Development Lifestyle: An Insider's Guide to Egypt's Real Estate Developer

Style Home Development is a leading real estate developer in Egypt that has been in operation for several years. 

History:

Style Home Development was founded in 2008 by a group of experienced real estate developers who saw the need for modern and affordable housing in Egypt. The company started with a small team of professionals who were passionate about delivering quality projects that meet the needs of their clients. Over the years, Style Home Development has grown to become one of the leading real estate developers in Egypt, with a portfolio of successful projects and a reputation for excellence.

Real Estate Projects:

Style Home Development has completed several real estate projects in Egypt, ranging from residential to commercial properties. Some of their notable projects include:

-The Gate: This is a luxurious residential project located in the heart of New Cairo. The Gate features modern and spacious apartments, townhouses, and penthouses, with world-class amenities such as a gym, swimming pool, and lush greenery.

-One Kattameya: This is another residential project located in New Cairo, featuring stylish apartments, townhouses, and twin houses. One Kattameya boasts of modern architecture, premium finishes, and a range of amenities such as a clubhouse, swimming pool, and children's play area.

-The Polygon: This is a commercial project located in the New Administrative Capital, offering premium office spaces, retail shops, and restaurants. The Polygon features modern and sleek architecture, with a focus on creating a vibrant business community.

Reputation in the Egypt Market:

Style Home Development has established a reputation for excellence in the real estate industry in Egypt. The company is known for delivering quality projects that meet the needs of their clients. Additionally, Style Home Development is committed to providing excellent customer service, ensuring that their clients are satisfied with their properties.

Achievements:

Style Home Development has received several awards and recognitions for their exceptional work in the real estate industry. In 2019, the company was awarded the Best Residential Development in Egypt for their One Kattameya project at the Africa Property Awards. Additionally, Style Home Development was ranked among the top real estate developers in Egypt by Property Finder.

Why Invest in Style Home Development:

Investing in a property from Style Home Development comes with several benefits. Firstly, their projects are known for their premium finishes, modern architecture, and world-class amenities. This ensures that the properties retain their value and offer a high return on investment. Secondly, Style Home Development has a reputation for delivering projects on time and within budget, minimizing the risk of delays and unexpected costs. Lastly, investing in a property from Style Home Development provides an opportunity to own a piece of Egypt's modern and vibrant real estate market.

Buyer Guide:

If you are interested in purchasing a property from Style Home Development, here is a buyer guide to help you through the process:

-Research: Start by researching the various projects that Style Home Development has completed, and determine which one meets your needs and budget.

-Visit the site: Schedule a visit to the project site to get a firsthand view of the property and its surroundings.

-Consult with a real estate agent: Work with a real estate agent who is familiar with Style Home Development's projects and can provide valuable insights and advice.

-Review the contract: Carefully review the contract and seek legal advice if necessary to ensure that you understand the terms and conditions.

-Payment plan: Understand the payment plan and ensure that it is feasible for you.

Reference:

About 295 sqm Penthouse for sale in The Icon Residence

This 295 sqm Penthouse in The Icon Residence comes in the size of The Icon Residence 295 sqm is for sale for 3,894,000 EGP with a price per sqm of 13,200 EGP . This unit is located at 5th Settlement, New Cairo, Cairo.

This 295 sqm Penthouse has a payment plan option of 50% or 3,023,750 EGP downpayment and monthly payment of 251,979 EGP payable at 1 Years.

The completion date for 295 sqm Penthouse in The Icon Residence is Oct 2022 and the finishing for the property is Semi-Finished.

About The Icon Residence, New Cairo

The Icon Residence is located in New Cairo, . The developer of The Icon Residence is Style Home Development. The property types in The Icon Residence with a property size from 160 - 295 Sqm.

The completion date for The Icon Residence is Jul 2023 and the finishing for the properties are Semi Finished.

The Icon Residence, New Cairo prices

The starting price of properties in The Icon Residence is 3,209,000 EGP with a price per sqm of 18,500 EGP. The downpayment for a property in The Icon Residence is starting at 50% or 1,604,500 EGP. The number of installments for a property in The Icon Residence is 4 installments and has a payment plan of 1 years. The monthly payment of a property in The Icon Residence is starting at 133,708 EGP

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