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Currently, there are listings for property for sale in Garden City from trusted agencies and developers on Global Properties. You can view the details of each listing including characteristics, price, layout and description. Afterwards, feel free to contact the seller of one of your desired apartments in Egypt directly by phone or through private messages.
- Lowest local accommodation prices: close to 1 $.
- Highest cost of property in Garden City: $7.5 million
- Minimum floor area: m²
- The largest area: 5000 m²
The purchase of properties in Garden City, Egypt, worth more than $50,000 will allow you to obtain a residence permit for one year. For investments of $100,000 and $200,000, you can become the owner of a residence permit for three and five years respectively. The residence permit can be extended at the request of the owner an unlimited number of times.
Property in Garden City
Garden City is a prestigious neighbourhood in Cairo, famous for its quiet streets and many historic buildings. The favourable location near the city centre gives local residents and tourists a wonderful chance to enjoy the developed infrastructure of the capital while maintaining a quiet and peaceful lifestyle. The area is close to business districts, business centres and diplomatic missions.
Investors have access to all popular property formats: duplexes, housings, different types of apartments and villas in Egypt. There are always options to buy the entire building. Flats in the cluster are distinguished by spacious layouts; their area can reach several hundred square metres. Villas are a rarer option. They may have a room for a maid, a private garden and other amenities. The properties are available for purchase with or without furniture. If you want to choose this area to buy property in Egypt, it's worth seeking the help of an agent who knows the location well. An experienced professional will help you understand the complexities of the Egyptian market and will take care of checking the ownership of the property and the execution of any required documents.
Reasons for investing in property in Garden City
The purchase of investment real estate in Garden City offers the opportunity to immerse yourself in a unique lifestyle and become part of Cairo's rich heritage. The neighbourhood experiences consistently high demand for housing due to the exceptional quality of the development. Here, you'll find stylish and functional residences built to last for years to come. Here are a few reasons to buy properties in Garden City for investment:
- Strategic location. The neighbourhood's proximity to key attractions in Cairo, such as Tahrir Square and the Egyptian Museum, increases its appeal both for tourists and investors with their business projects.
- Rental stakes. The cluster, located in the heart of Cairo's city centre, enjoys high rental demand. In Q1 2024, the city's average return on investment was 6.7%. Housing in a prestigious community in the centre tends to guarantee higher returns.
- Tourism. In 2023, 14.9 million tourists visited the country, 27% more than the year before. According to the national strategy, the country is expected to attract 30 million tourists by 2028. The continuous influx of travellers increases the demand, especially when it comes to short-term rentals.
- Government policy on foreign investment. Recent government initiatives in the country are all done with one single aim: to attract as much foreign capital to the local market as possible.
- Limited supply and high demand. The historic character of the community and urban planning features limit new construction, creating a shortage of affordable supply in the area. As a result, property prices in Garden City, Egypt, are set to rise.
- Market growth. The country's housing sector is projected to approach $33.67 billion by the year 2029. That means growing at an annual rate of 10.96%.
Buying real estate in Garden City
We have thousands of local housing ads. You can easily pick and buy a house for any purpose using convenient search filters by area, price, location and amenities. Explore the catalogue of real estate for sale in Garden City and choose the option that suits you best.