What Are The Advantages Of Living In The Fifth Settlement In Cairo?
If you are thinking of living in the Fifth Settlement, you ought to get to know the neighborhood with all its areas, in addition to the types and standards of services provided, and the prices of apartments and villas. In this article, we will help you to get adequate answers to all these questions.
In this article, we will explore the perks of living in the 5th Settlement in New Cairo. You will also learn how Liza can make your job easier while searching for an investment opportunity in Fifth Settlement in New Cairo.
The city is characterized by a low population density, and most of New Cairo’s neighborhoods have a high social and living standard, but some areas offer medium and above-average levels within New Cairo, such as the Third Settlement and youth housing in Kattameya.
The Fifth Settlement is characterized by a slightly higher ground elevation level, so the weather is moderate and cooler in the summer, but it may be colder in the winter (therefore, this information must be taken into account when choosing the finishing materials for your home).
One of the disadvantages of housing in New Cairo is that the prices are constantly rising, which is a result of many high-income families choosing to reside in the area, which caused an increase in demand.
Landmarks And Distinctive Areas In The Fifth Settlement
Among the most well-known places within the 5th Settlement is the Police Academy, Cairo Festival City Mall, Downtown Mall, The American University in Cairo, Petrosport Stadium on 90th Street, and the Air Defense Hospital.
Transportation and Main Streets in the Fifth Settlement: In the presence of a car, access to New Cairo or the Fifth Settlement is very easy using the Ring Road, Suez Road, and Sokhna Road.
Governmental Public transportation is also available and private-public transport buses and minibuses are also widely available. Not only that, but a variety of mobile application meant for transportation are available so you can hire a private car at any time.
Prices in New Cairo Region
One of the most important pieces of information that a person needs to known when moving to any neighborhood or area are the prices, so we assembled the average prices for you in most areas within New Cairo, specifically the Fifth Settlement, so that you can determine your budget to make the right decision.
The rate of price increase in New Cairo or Fifth Settlement in the past 12 months is 10.26% for apartments, despite the fact that the level of demand is not less than 93% for those looking for apartments in New Cairo.
The average price per square meter in New Cairo is 9,500 EGP* in apartments and about 18,150 EGP* in villas.
Fifth settlement Cairo Sub-neighborhoods: Some areas have different prices in New Cairo or the Fifth Settlement, so the price per square meter can reach EGP 5,150* per meter for the Sphinx area and EGP 11,950 per square meter for the Choueifat area.
The Unique Location of the Fifth Settlement, New Cairo
The Fifth Settlement area is located in the heart of New Cairo and is considered one of the best and most beautiful locations ever. Next to it are the all the necessary main roads that lead to all other spaces and governorates in the Republic.
These roads include the Ring Road, Suez Road, Kattameya Road, Ain Sukhna, and other important roads.
In addition to the axis of Field Marshal Tantawy, which made the access to the city center and Nasr City less than 20 minutes away, all of these roads made the New Cairo area one of the most distinguished sites and the most beautiful and efficient new cities.
One of the advantages of the location is that it is considered to have a high ground elevation above the sea level compared to other areas and cities. This altitude made the area’s climate moderate and cool most of the year.
What Is Liza’s Role In Helping You Invest In The 5th Settlement, New Cairo?
Liza is an Egyptian startup platform that allows users to find the best real estate opportunities in any city in Egypt for free. Liza is a comprehensive platform with hundreds of real estate opportunities and properties of all types, which makes Liza a great tool to help you save money and time. You will find different types of properties such as residential and commercial. Offering you apartments, villas, studios, chalets, townhouses, twin-houses, apartment complexes, and more. It is truly a great tool to help you find the best real estate opportunities that suit your needs.
In order to find your perfect property, we have equipped Liza with feature filters so you can choose the home features that suit you most to find the property that matches all your needs. The available features can be filtered by the number of desired rooms, location, level of finishing, date of project termination, price, payment plans and more.
Liza will also help you stay within your budget. You will find many opportunities at different prices and payment plans. You can pay the value of the property on Liza in installments over a number of years based on what is most suitable to your needs and current financial condition.
Liza’s main objective is to maintain the privacy and security of your personal contact information. Our method is to connect buyers and sellers in a manner that does not require any third parties or middlemen.
Although we have many decent offers in the 5th Settlement Cairo, we cover all of Egypt. Explore our platform to find more about opportunities in The New Capital, The New Alamein, and the 6th of October.