Egypt has become undiscovered treasure, with luxury properties available just outside of Cairo. A couple of years ago it was the district of Maadi that took the ex-pat market, but, today foreigners are taking pleasure in large housing inside the guarded neighborhoods on the borders of the desert. The common luxury apartment extends about 80 percent of its value, making Egypt become a smart move for cost benefits on the global market.
Choosing a community in Cairo to move into is usually depending upon the needs of the individual or family. Singles or family who will be working in the town center might choose to live close to workplaces in Mohandiseen or Zamalek. Those who live with their kids usually choose to live in the El Maadi area in which the British, German, and American schools are located.
It provides a lot of establishments for expats to enjoy. From shopping center like Cairo Festival City with an fantastic outdoor area offering restaurants and cafés with stunning sitting and fun such as City Square in Emerald Twin Plaza, Rehab, and Waterway.
Like these developments, a lot of nice places to hang out and enjoy time with family and friends.
New Cairo is also a good city to raise a family. It provides some of the top notch schools in Egypt like the American International School, Canadian International School of Egypt, and Cairo English School. These are just some established private schools which are highly recommended and all ideally located in New Cairo. Not only perfect for your children to get an education in line with international standards but a potential job opportunity for expats.
Maadi and Zamalek have become the two main alternatives to check when deciding to move to Egypt. Zamalek and Maadi are both located along the Nile.
In Maadi, you will find some nice places to dine such as The Platform. Given that name states, it is a platform offering many of the favorite restaurant and cafes branches of Cairo featuring Italian food, coffee houses, and Middle Eastern cuisines. Maadi as an affluent area, it doesn’t neglect on exclusive schools. Some possible choices for private, international school and college are Victoria College School, Lycee Francais Du Caire and Maadi British International School.
Price of properties for rent in Maadi come at an average price. The highest rental revenue obtainable for a property investor in Egypt now are from tourist friendly properties in Red Sea and Mediterranean coastlines – properties which are well established and facilitated are most in demand from the tourism industry. However, you will also find a growing retirement market in Cairo that’s attracting attention from expats and offering smaller property investors another revenue stream to explore.