EGP 920,000

1 Bedroom
1 Bathroom
936 sqft / 87 sqm
APARTMENT FOR SALE IN HYDE PARK, 5TH SETTLEMENT COMPOUNDS

A distinctive unit for sale in Hyde Park compound

Park New Cairo is a large-scale residential and commercial development situated in New Cairo, spanning over 1200 acres. It offers a mix of luxury villas, townhouses, twin houses, and apartments, with 70% of the project dedicated to standalone villas and similar properties, while 30% is allocated to apartment buildings.

The project enjoys a prime location:
- Overlooks the South Teseen Street (the main road in New Cairo) on one side.
- Faces the Middle Ring Road on the other side, providing easy access to surrounding areas like Madinaty (10 km), New Administrative Capital (8 km), and the Sokhna Road.

**Park Features**
- The development features the largest park in Egypt, covering 141 acres with expansive green spaces, landscape designs, and water features.
- A central park spans the entire development, offering residents serene outdoor spaces.

**Services & Amenities**
- 4 clubhouses spread across the project.
- A 42-acre sports club.
- A large mall on 72 acres.
- A hotel with views of the park.
- 2 international schools.
- Hyde Out area with cafes, restaurants, paddle tennis, fitness centers, and kickboxing facilities.
- 2 pharmacies and a 7 Mart supermarket.
- An administrative district (Business District) with office spaces available for sale/rent.

**Pricing and Payment Plans**
- Administrative units are available with a 5% down payment, with the remainder payable in equal installments over 8 years.
- Residential units offer a 24% discount for cash payments.
- For residential properties, a 5% down payment is required, with an additional 5% due after 3 months. The balance is payable in equal installments over 8 years (with a 7% maintenance fee).
- A compulsory clubhouse fee of 300,000 EGP is to be paid in installments over 2.5 years.

**New Launch - Parkway Residence**
The Parkway Residence is a new addition to the Park New Cairo project, located at the heart of the development. It offers luxurious, fully finished apartments starting

Property details

Property Type

Apartment

Property Size

936 sqft / 87 sqm

Bedrooms

1

Bathrooms

1


Amenities

Balcony

Shared Pool

Security

Covered Parking

View of Water

Children's Pool


Location

Map preview

Price Insights

This property costs 85% less than the average price of 1 bedroom in Cairo

Average Sale Price is 6,168,192 EGP

This property is 7% bigger than the average size of 1 bedroom in Cairo

Average size is 81 sqm

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Cairo

Provided by

Abdalla Hassan

Maged Fayek for Real Estate Brokerage

See all properties (105)

Regulatory information
Regulatory information

Reference

AB15

Listed

14 hours ago

Payment method

Cash