The real estate market in New Cairo has reached a pinnacle of luxury and convenience, drawing significant interest from local and international investors. Specifically, a Furnished Apartment for Sale in 5th Settlement represents more than just a home; it serves as a robust financial asset in a rapidly growing economy. This district offers a unique blend of modern infrastructure, high security, and a lifestyle that caters to the elite. As the demand for turnkey properties rises, understanding the nuances of this specific market becomes essential for anyone looking to secure a premium residence that offers immediate occupancy and high returns.
Strategic Location and Connectivity
The Fifth Settlement functions as the primary heart of New Cairo, providing residents with unparalleled access to the most vital parts of the capital.
- The area sits perfectly between the Cairo International Airport and the New Administrative Capital, making it a central hub for professionals.
- Direct access to the Ring Road allows for a smooth commute to Maadi and the eastern suburbs without the hassle of inner city traffic.
- Suez Road borders the district to the north, facilitating quick trips to the Red Sea coast and Heliopolis.
- South 90th Street and North 90th Street act as the main arteries, housing the largest concentration of international banks and corporate offices in Egypt.
- Proximity to the Middle Ring Road has significantly reduced travel times to the New Administrative Capital to under twenty minutes.
- The Monorail project currently under development will further enhance connectivity by linking the Fifth Settlement to the rest of the Cairo metro network.
- Residents enjoy being within minutes of the American University in Cairo, which serves as a landmark for the entire region.
- The location remains a top choice for expatriates due to its proximity to international schools and high end medical facilities.
Investment Landscape and Financial Growth
Acquiring a Furnished Apartment for Sale in 5th Settlement is a strategic move for those seeking to hedge against currency fluctuations and inflation.
- Real estate in this district has historically shown a steady appreciation rate of over fifteen percent annually.
- Investors benefit from immediate rental income when purchasing furnished units, as these properties are highly sought after by corporate tenants.
- The demand for high standard rentals in the Golden Square area often exceeds the supply, ensuring low vacancy rates for owners.
- Buying a turnkey property eliminates the risk of rising finishing costs and the long waiting times associated with core and shell units.
- Furnished units typically command a rental premium of twenty to thirty percent compared to unfurnished alternatives.
- The resale market for fully finished and furnished homes remains liquid, with transactions moving faster than traditional properties.
- Secondary market buyers often prefer homes where they can see the final quality of furniture and appliances before committing to a purchase.
- Capital growth is supported by the continuous development of commercial centers and business parks that surround the residential zones.
Amenities and Essential Infrastructure
Living in the Fifth Settlement provides access to a lifestyle defined by ease, luxury, and comprehensive services.
- The district boasts some of the most prestigious shopping destinations in the Middle East, including Cairo Festival City and Point 90 Mall.
- High quality healthcare is readily available at facilities such as the Air Force Specialized Hospital and various international medical centers.
- Education remains a primary draw, with campuses like the German University in Cairo and multiple international schools located nearby.
- Security is a hallmark of the gated communities here, featuring twenty four hour surveillance and professional facility management.
- Vast green spaces and meticulously maintained parks offer a serene environment away from the noise of the metropolitan center.
- Social clubs like the New Cairo Club and Platinum Club provide premium athletic and recreational facilities for families.
- The infrastructure includes modern water and electricity networks designed to handle the high density of luxury developments.
- Smart city features are increasingly being integrated into new phases, offering high speed fiber optic internet and automated waste management.
The Appeal of Turnkey Luxury
A Furnished Apartment for Sale in 5th Settlement offers a seamless transition for buyers who value time and design consistency.
- These properties often feature interior designs by reputable firms, ensuring a cohesive and aesthetic living environment.
- High quality appliances and furniture packages are usually included, saving the buyer the effort of sourcing and installation.
- Turnkey homes are ideal for those who need a city base or a secondary home that is ready for immediate use.
- The attention to detail in high end furnished units often includes premium flooring, lighting fixtures, and custom cabinetry.
- Moving into a furnished home reduces the logistical stress of relocation, allowing for a move in experience within days of the contract.
- For international buyers, these units provide a hassle free way to own property in Egypt without managing local contractors.
- The quality of finishing in prime compounds like Mivida or Fifth Square sets a benchmark for luxury living in the region.
- Many units come with smart home systems already installed, allowing for remote control of lighting and climate.
Apartment with garden for Sale in New Cairo
One of the most popular configurations for families and pet owners is the ground floor unit with private outdoor space.
- An Apartment with garden for Sale in New Cairo provides the privacy and feel of a villa at a more accessible price point.
- Private gardens often range from fifty to over two hundred square meters, offering space for outdoor dining and gardening.
- These units are frequently found in compounds that prioritize low building density and extensive landscaping.
- The direct access to a private yard increases the resale value of the property significantly over time.
- Families often choose these units to provide a safe outdoor play area for children within a secure environment.
- Landscape maintenance for these private gardens is often supported by the compound’s facility management team.
- Ground floor apartments with gardens often feature larger windows to maximize the view of the greenery.
- Investors target these units because they appeal to a wide demographic, including young families and elderly residents seeking accessibility.
Developer Expertise in the Region
The landscape of New Cairo is shaped by a handful of visionary developers who have set international standards for construction. Emaar Misr, Mountain View, and Palm Hills have created integrated communities that offer more than just housing. These developers focus on creating eco friendly environments, pedestrian friendly master plans, and robust community management. Their projects, such as Mivida and iCity, are known for maintaining high resale values and providing a lifestyle that balances work and leisure perfectly. Each developer brings a unique architectural style, from the Californian vibes of Emaar to the American classic look of Mountain View, ensuring diversity in the market.
Available Units and Property Examples
Available Units in Mivida
- Area: 145 sqm
- Layout: 2 Bedrooms, 2 Bathrooms, Open Reception, Terrace
- Features: Fully furnished with modern contemporary style, overlooking the lavender gardens, includes central air conditioning and kitchen appliances.
- Indicative Price: 16,500,000 EGP
Available Units in Mountain View iCity
- Area: 165 sqm
- Layout: 3 Bedrooms, 3 Bathrooms, Laundry Room, Terrace
- Features: High end finishing, lagoon view, smart home integration, proximity to the central park, ready to move.
- Indicative Price: 8,700,000 EGP
Available Units in Fifth Square
- Area: 160 sqm
- Layout: 3 Bedrooms, 2 Bathrooms, Large Reception
- Features: Fully furnished and equipped with air conditioning, situated on North 90th Street, access to the clubhouse.
- Indicative Price: 11,200,000 EGP
Available Units in The Square
- Area: 180 sqm
- Layout: 3 Bedrooms, 3 Bathrooms, Ground Floor with Garden
- Features: 150 sqm private garden, fully finished, modern kitchen, prime location behind the AUC campus.
- Indicative Price: 10,500,000 EGP
Available Units in Village Gardens Katameya
- Area: 155 sqm
- Layout: 2 Bedrooms, 2 Bathrooms, Second Floor
- Features: High standard furniture included, overlooking the clubhouse, walking distance to the commercial mall.
- Indicative Price: 12,000,000 EGP
Ownership Procedures and Transfer Details
Navigating the legal requirements is vital for a successful purchase of a Furnished Apartment for Sale in 5th Settlement.
- Buyers must verify the validity of the property’s title deed and ensure there are no outstanding debts to the developer or utility companies.
- The real estate disposition tax is a mandatory payment that usually equals two and a half percent of the total sale price.
- Transfer fees are payable to the developer to update the ownership records and officialize the change of hands.
- Buyers should expect the transfer fee to be a specific amount or a percentage of the original contract price as per the developer’s policy.
- A formal sales contract must be signed and witnessed, followed by the registration of the property in the local land registry office.
- Investors often utilize specialized legal counsel to ensure that all documents are compliant with Egyptian real estate laws.
- For foreign buyers, a valid passport and a bank account in Egypt are usually required to complete the financial transaction.
- Maintenance deposits are often paid once at the time of the original purchase and transferred to the new owner upon sale.
