Land for sale in 5th Settlement
Despite the multiplicity of residential districts in New Cairo, the fifth settlement emerged at the head of all complexes and neighborhoods to become the first choice for traders, entrepreneurs, and real-estate industries to establish and develop their startups, residential, and commercial projects there. Also, owning a home there has become a dream for many citizens who are seeking a calm and a healthy lifestyle away from the hustling and bustling city. The demand for properties there in the fifth settlement has increased due to many reasons, among them is the district’s unique location as it is situated in New Cairo and could be easily reachable through a number of main roads which are NA road, Suez Road, and the Ring Road. Thus, the demand for a land for sale in 5th settlement has increased. Moreover, the fifth settlement includes one of the biggest industrial zones in New Cairo. Also, this commercial and residential district has witnessed a remarkable urban development recently due to the increased demand for all properties in the 5th Settlement.
Residents in the Fifth Settlement are offered a variety of diversified properties ranging from housing units to offices and lands. Lands are considered a favored choice for a lot of people and real-estate developers especially after the recent rapid increases in housing costs there. Why? The real estate sector is one of the safest and fastest growing sectors in Egypt. Thus, investment in real estate has become increasingly popular among affluent citizens for making big gains. Also, Land investing is considered the best option amongst affluent Egyptians who care about family integration as well as securing their children’s future.
Why do people look for lands for sale in Fifth Settlement New Cairo?
Bait Al Watan lands for sale in New Cairo is one of the best choices for many people due to its unique location between the extension of Al Rehab and Madinaty. It is also close to a variety of health and social clubs such as Wadi Degla Club and Platinum Club. Bait Al Watan could be easily reachable through Suez Road and the New Ring Road. Regarding spaces, it offers a variety of diversified spaces ranging from 120 – 1000 square meter. Additionally, if offers payment facilities up to 100 months. For that reason, it is considered a unique investment opportunity. On the other hand, many investors prefer to look for lands for sale in district 4 5th Settlement due to its unique location near the Ring Road in addition to a variety of services and facilities.
However, due to the increased demand for properties and the lack of offers, the prices of properties has significantly increased. For that reason, developers were looking for lands for sale in the 5th Settlement to create residential projects that meet the buyers’ different needs. So, they focused on some areas that are located on the borders of the Fifth Settlement as it contains a variety of lands for sale with reasonable prices and thus, the demand for Lands for sale in 5th Settlement El Louts has increased. It comes with a starting price of 2.500 per meter. Similarly, developers focused on looking for lands for sale in El Kornfel Fifth Settlement in order to offer properties with reasonable prices for upper intermediate classes. Apartments for sale in El Kornfel come with an average price of 5.550 EGP per square meters while villas there come with an average price of 8.700 EGP. For that reason, they are considered a point of attraction to everyone.
Finally, if you would like to buy a land and want to know more about Lands for sale in 5th Settlement New Cairo prices, check the leading online real-estate website which is propertyfinder.eg and you will find a variety of lands in different areas in Egypt with diversified prices.