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Foreign nationals eyeing the active housing market, especially apartments and flats in Heliopolis, Global Properties website emerges as a premier platform with over 2,000 objects facilitating the pursuit of property ownership in this distinguished Cairo neighbourhood. With extensive listings for apartments in Egypt, sourced directly from trusted realtors and builders, the platform offers a broad spectrum of choices to meet diverse preferences and budgets. Prospective buyers are encouraged to meticulously peruse the adverts of properties located in Heliopolis, where they can gain detailed insights into the characteristics, pricing, layout and comprehensive descriptions of each apartment for sale in Heliopolis. Following this initial exploration, contacting the seller becomes a seamless process, with options to connect directly via phone or private messaging for further discussions. This hands-on approach ensures that foreign investors are well-equipped with all necessary information, streamlining the acquisition process.
- Average apartment prices in Heliopolis: USD 120,000;
- Average price per m2: USD 670;
- Minimum cost of an apartment in Heliopolis: USD 64,000;
- Most expensive flat: USD 584,700;
- Over the past year, the average price has increased by 35%.
- Minimum size: 66 m²
- Average size: 000 m²
- The maximum floor area: 415 m²
Investors have the opportunity to buy property in Egypt and relocate there permanently. Those aiming to secure a 1-year permission to live in Egypt should consider purchasing property valued at USD 50,000 or more. Investors who contribute USD 100,000 will receive the status for a period of three years, while those who invest USD 200,000 will enjoy the status for five years.
Apartments for sale in Heliopolis
This neighbourhood, which seamlessly blends historical grandeur with contemporary luxury, has long been one of Cairo’s most prestigious areas, appealing to both local and international real estate investors. The district's allure stems not only from its sites like Baron Empain Palace which showcases the country's rich cultural history and is inspired by Hindu temples and Angkor Wat, but also from its modern residential offerings, ranging from elegant apartments to luxurious penthouses.
The real estate market in Heliopolis is vibrant and diverse, with property prices reflecting the wide range of available options. Whether you're looking for a cosy apartment or sprawling spaces, Heliopolis caters to every taste and budget. The district boasts numerous iconic sights and landmarks, including the Heliopolis War Cemetery and the Port Tewfik Memorial, adding to its unique character.
Residing in Heliopolis offers the convenience of proximity to major roads such as Al Orouba, Al Galaa, Al Nasr and Salah Salem, facilitating travel and access to other parts of Cairo and beyond, including the Cairo International Airport, with effortless ease. This strategic location, combined with the area’s lush landscapes and green spaces, contributes to its high demand among buyers and renters.
Apartments in Heliopolis for investment are renowned for their architectural elegance, seamlessly integrating elements of the district's historical essence with the comforts and amenities of modern living. Residents enjoy a variety of features, including lifts, water ponds, patios, porches and parking lots, ensuring a comfortable and luxurious lifestyle.
Moreover, Heliopolis is more than just a place to reside; it's a community enriched with recreational facilities and social infrastructure. From the prestigious Heliopolis Club to Merryland Park and numerous sporting clubs like El Shams and Heliolido, there's no shortage of leisure and entertainment options. The area also hosts modern cafés, restaurants, bars and cinemas, providing a vibrant social scene that caters to all tastes.
Reasons for investing in an apartment in Heliopolis
Here's why Heliopolis stands out as a business spot:
- Favourable location: Heliopolis proximity to the International Airport and major roads such as Al Orouba, Al Galaa, Al Nasr and Salah Salem makes it easily accessible for both locals and investors, making it a desirable location for both groups;
- High return on investment (ROI): Significant progress has been observed in the Egyptian private residential property scene, offering an average annual ROI between 8% to 12%. In prime areas such as Heliopolis, the ROI can reach 15% per year, indicating a strong likelihood of property value appreciation;
- Diverse investment opportunities: Heliopolis boasts a variety of property types, from modern apartments to luxurious penthouses and villas in Egypt’s gated communities, catering to a wide range of tastes and budgets;
- Rich historical background: The presence of iconic landmarks such as Baron Empain Palace, as well as the War Cemetery, adds to the district's unique character and historical value;
- Vibrant community and lifestyle: Heliopolis offers a high-quality living experience with its well-developed infrastructure, reputable educational institutions, lush green spaces and a plethora of dining, shopping and recreational options;
- Potential for rental income: The area's popularity among expatriates and its proximity to the airport enhances its appeal for rental investments, potentially yielding steady rental income.
Thus, investing in Heliopolis not only allows you to become part of a community with a deep historical legacy but also offers substantial financial benefits.
Buying an apartment in Heliopolis
Buying an apartment in Heliopolis, Egypt, as a foreigner involves understanding Egypt's real estate regulations, which permit foreigners to own property with certain restrictions. It's advisable to engage a local lawyer to navigate the legal process effectively, including drafting the sale contract and ensuring that area rules are followed. Foreigners can own up to two residential properties and are not required to reside in Egypt to buy a flat in Heliopolis. However, ownership of agricultural land is typically restricted.
Here’s a concise breakdown of the apartment acquisition process in Egypt for foreigners:
- Identify property: Select residential or commercial property, excluding agricultural land;
- Legal restrictions: Foreigners can own up to two properties for approved purposes without specific visa requirements;
- Governmental clearance: Obtain approval from the Council of Ministers for the purchase;
- Residency by investment: An optional programme that allows individuals to stay temporarily through substantial real estate investment;
- Legal assistance: Engage a local lawyer for drafting contracts, verifying property titles and guiding through legal procedures;
- Documentation: Prepare necessary documents including identification, power of attorney if applicable and financial proofs;
- Finalise transaction: Complete the sale with official registration and payment of applicable taxes and fees.
Our platform streamlines your property search by aggregating over 2,000 apartment listings in Heliopolis, Cairo, Egypt, sourced from top developers and trusted agencies onto a single website. It eliminates the need to scour multiple websites, offering user-friendly search filters, a currency converter, direct access to sales specialists, multi-language translations and real-time price updates. Listings are meticulously maintained through daily manual and automated updates, compiling data from various developer and agency sites.