Liza Nowadays, the commercial real estate market is doing exceptionally well in Egypt. The rapid ongoing construction and building of new cities has created and continues to create hundreds of real estate opportunities every day. Commercial property is always an excellent investment as the return value is high and the demand is continually increasing. Liza will help you skim through the commercial real estate market while finding the best opportunities for you.
What Is Exactly A Commercial Property?
It is a type of property that can provide profit or income through rental or continuous capital gain. Any property that can produce income, whether from renting, leasing, or reselling, can be considered commercial. The commercial real estate market offers different types of properties. The properties may be an office building, apartment, shop, restaurant, and many other types.
What Are The Types Of Commercial Property?
Commercial properties are classified into six categories. It is essential to understand the difference between them to be able to invest in the commercial real estate market and to understand which one applies to you.
The office buildings can be divided into two types, urban and suburban buildings. The urban buildings are usually located in high-rise buildings and skyscrapers. The suburban office buildings are smaller and can be found in office parks.
Office buildings can be tenanted for a single user or multiple users. Offices can also be classified into:
- Class A Office.
They are the most prestigious and premium offices. They also come with a high rent price, but this is also due to the fact the offices are high-demanded and have very high-quality finishing.
- Class B Office.
These buildings offer medium-range offices that are suitable for the majority of businesses.
- Class C Office.
They are buildings for tenants that require large functional spaces with low rent costs.
Retail is a complicated part of the commercial property real estate market. Retail is usually a multi-tenant service that includes shopping malls. Most of the time, the retail is controlled by a lead tenant that drives traffic to the retail property.
3. Industrial properties.
Industrial properties are buildings that host different industrial processes. Usually, the industrial properties are placed away from the cities and busy areas. They are usually built on significant transportation roads and highways.
The multifamily category comprises different types of residential real estate properties. Multifamily is the most popular choice in real estate investments. Residential properties come in different types, including apartments, townhouses, and condos. They have the same classification as office buildings. They are classified according to the price and finishing level into Class A, Class B, and Class C classifications.
The rental buildings with apartments have a different classification that includes six categories. These categories are:
- Special-purpose housing.
- Manufactured housing community.
Liza Hotels are simply any establishment that works to provide accommodation services for travelers or tourists. Some hotels also offer more services like food. Hotels may be built separately, or they may be a part of hotel chains as the Sheraton, Marriott, Hilton and more.
- Special purpose commercial property.
Special-purpose buildings are not an essential part of the real estate market. They are usually not owned by individuals but instead owned by mosques, churches, amusement parks, and self-storage. They do not fall into any part of the aforementioned categories.
We can realize how diverse the commercial real estate market can be from the previous classifications. Egypt is now rich in commercial real estate opportunities in many different cities. The New Administrative Capital has a separate business district with thousands of opportunities.
How can Liza help you find the best opportunities in the commercial real estate market?
Liza’s platform is a comprehensive solution for you to find all the real estate opportunities available in Egypt in one place. We have a very diverse collection of commercial real estate opportunities. 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. Liza can help you find the best suitable opportunity for your business, 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.
When you find a commercial property that you like to invest in, you can directly get in touch with the owner. Using Liza’s integrated chat, you can contact the property owner or the developer without the involvement of any third parties. This method preserves your privacy and keeps your personal contact information secure.
You will not find random calls from brokers calling you unexpectedly with offers that do not suit you. You will not be bothered anymore by Whatsapp messages from real estate agents. At Liza, your privacy is our first concern. We aim to maintain the integrity of the process and improve its efficiency at the same time.
Liza can help you save money and time, because we do not charge any traditional brokerage fees, so we will not charge you as the buyer.
Liza can also help you save time as you will not need to browse any other platforms due to the diversity of options that we offer. Liza’s Proptech platform can help you find all types of real estate opportunities throughout Egypt. Explore our blog to discover more about investment opportunities in The New Capital, The New Alamein, and The 5th Settlement.