What is the penthouse definition?
A penthouse is a building or a flat -usually a luxurious one- situated at the top of a building. At first, the term was only used to describe real estate opportunities on the highest floor only. However, after that, the real estate developers used it to describe any exclusive apartment or unit on other floors. The developers realized that they could get much higher profits from copying the penthouse concept many times.
At first, the penthouse concept was more popular in the business districts. After that, and as the demand increased, the developers started to change the design and structures of the properties to provide more penthouses in the single building.
Penthouses are a great opportunity for luxury, privacy, and exclusiveness. The penthouse market is an important part of the luxury housing market. The people who are looking for a penthouse for sale are wealthy investors who seek premium residence options regardless of the price.
Keep reading this article to know more about the penthouse for sale opportunities. Liza will help you to make this task easier and faster.
What are the advantages of living in a penthouse?
- A clear view of the surroundings with an unobstructed view. The penthouse also offers ample light and ventilation to the apartment. The placement of the units within the building provides a unique experience of peace and quiet.
- Complete privacy that makes you feel special and premium. Usually, there are a group of exclusive services that are only available for penthouse owners.
- Safe investment with a recession-proof value that does not decrease over time.
What are the disadvantages of living in a penthouse?
- The units are more exposed to heat and air from the surroundings. You will need powerful air conditioning and expensive curtains to control the temperature and exposure in your penthouse.
- The large surface areas of glass are more prone to seepage. These glass surfaces will need expensive maintenance.
- The intense feeling of exclusivity is a significant push towards loneliness. Some people like living this way and others don’t so choose carefully.
- Sometimes the position of the penthouse on a higher floor can result in less resale value. The penthouse is usually a very-high price unit, so it will have fewer potential buyers. This will make the resale of a penthouse somewhat tricky.
Is it a good idea to buy a penthouse?
This depends on many different factors. If you are a wealthy person with a high taste for a quality and luxurious life, then a penthouse can be a good idea for you.
If you have limited funding and you are looking for real estate investment with a rapid increase in value regardless of the residence options, then you might want to check other possibilities than a penthouse.
In Egypt, there are a lot of opportunities when looking for a penthouse for sale. The real estate revolution in Egypt right now is giving a chance for a lot of excellent options.
You can look for a penthouse for sale in many new cities in Egypt. These cities include The New Capital, The New Alamein, The New Galala, Ain Sokhna, El Gouna, Sheikh Zayed, and more.
How can Liza help you find the best penthouse options for sale?
Liza is a real estate platform that offers a wide variety of properties for its clients. Liza is an Egyptian start-up that specializes in Proptech. We use information technology to connect our clients with real estate developers and property owners.
There are different types of available properties on Liza. You can find penthouses for sale, apartments, villas, studios, chalets, townhouses, twin-houses, and more.
You can choose from the available properties thanks to the tremendous variety available. You will find penthouses that differ in many aspects as the number of rooms, location, level of finishing, date of ending the project, type of compound, level of surrounding services, price, payment plans, and installment systems.
On Liza, there are many budgets available. You will find different prices that allow you to choose what is suitable for you. You can pay the property’s value on a number of years in installments and with a minimal down payment.
The sort option can help you rearrange the available properties according to many parameters like the price. This will help you find the best choice for your needs quickly.
When you find a penthouse for sale that you like to buy, you can get in touch with the owner of the property on Liza’s chat. Our chat is a personal tool with an encrypted algorithm. It allows direct communication between both parties without third parties being involved.
Liza’s primary mission is to maintain privacy and improve the efficiency of the process at the same time. Liza will never share your contact information publicly without your permission. You will not find random brokers calling you unexpectedly after getting your number from our platform. There will be no more WhatsApp messages and emails from real estate marketing agencies.
Liza can do a great job helping you save a lot of money, time, and effort. Using Liza is entirely free from your side. We will not charge you anything. The broker usually charges you a large sum of money. This is because the broker’s fee is calculated according to the price of the property. Liza will save you all this money.
Liza can also help you save time and effort while searching for the best penthouse for sale in Egypt. The options available at Liza are abundant and varied. You will not need to browse other platforms. You will find what you need on Liza only. Our marketing methods are also better than the traditional methods as brokers and real estate agents.
Liza’s services are not specialized in the penthouse only. Our services aim to help you find the best real estate opportunities in Egypt. We have great options for rent and sale as well. Explore our platform for opportunities in The New Capital, The New Alamein, and the 6th of October.