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Property for sale in Egypt
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Property details
Imagine residing in a house of grandeur, a building of magnificence and a place you are proud to call home. Imagine living on a complex as fine as any residential address in any capital city. Hyde Park now offers the home of your dreams at an affordable price. A home built to the highest standards by one of the areas most acclaimed and respected developers.
Hyde Park consists of 5 different types of properties in three themed styles and these spacious 3 bedroom semi detached villas offer one of the most economic avenues into this exclusive environment.
Owners will benefit from a choice of high quality finishes, ensuring these properties will be the highly sought after, whether as a private residence or superb rental opportunity.
Location (click here for Google Maps™)
There is hardly a superlative too vast to capture the epic scale of this city of 12 million -- or 14, or 16; no one really knows for sure -- that sprawls in all directions. The traffic, the people, the chaotic rhythm of Cairo will all reinforce this impression, threatening to overwhelm you. In many ways Cairo is the proverbial overgrown village, full of little districts and communities that feel much smaller and more intimate than the city of which they're part.
Hyde Park is situated in “New Cairo” – an extension of the Old Town, where the origins of Cairo lie. From here you are in a superb location to visit the museums, universities, pyramids and treasures that Cairo possesses. Also in close proximity are the Olympic City and Katameya Heights Golf Course, and easy access onto the Cairo – Suez and Cairo – Hurghada highways.
Why invest in this property? Since the expansion of the Eastern side of Cairo with developments such as “Uptown Cairo” and “Katameya Heights”, New Cairo City has become the “place to live” with many ex-pat professionals and wealthy Egyptians making this their residence of choice. Property prices are spiraling as these gated, suburban complexes offer privacy security and comfort all within a stones throw of one of the largest capital cities in the world.
Rental yields for these high end developments have kept pace with the increase in land costs, and a report issued by the Global Property Guide in December 2007 showed returns as high as 17% in these areas.
The Egyptian government has streamlined the purchase process, visa applications, title deeds and all other relevant documentation, as well facilitating mortgages for international investors, adding fuel to the already searing hot property investment market.
Please note that the prices shown are “from” prices. There are a series of different designs and sizes for all styles of property. The price shown includes a standard “bronze” finish. Other catergories of finish are available on request. “Unfinished” 3 bedroom semi detached villas are available from 330.662 €uros. Contracts are issued in Egyptian pounds and the €uro equivalent is given as a guide.
Payment is made in stage payments mirroring the construction process. Completion of the current phase is scheduled for December 2011, although certain clusters may be delivered as soon as December 2010.
Services Park
Getting There Direct daily flights from the UK are available from Heathrow with British Airways, BMI and Egyptair. Cairo’s International airport has recently been modernised with an addition of a new terminal making entering and leaving Cairo far easier.
The complex is 20km from the airport and easily accessible by taxi, bus or car hire.