Who is the developer of Koronfel compound?

The company that owns Koronfel New Cairo is Koronfel

Building under market price for sale in Koronfel

Reference: BB 54192

MLS Realty
+201200070979

Email Agent

+2 012 00 231 000

Building under market price for sale in Koronfel

Reference:

BB 54192

Price:

Call Us

Finishing Status:

Core & Shell

Total Surface Area:

500 sqm

Available units:

Unit Area:

315 sqm

No of Floors:

Bathrooms:

View:

Club ( Prime Location )

Listed:

Mon 17 Apr 2023

Description

Building for Sale in Koronfel - New Cairo By Koronfel

Building under market price for sale in Koronfel Egypt

Koronfel, a suburb located in the eastern part of Cairo, Egypt, has been attracting real estate investors due to its strategic location and affordable prices. In recent years, the area has witnessed a surge in construction projects, including residential and commercial buildings. One particular project that has caught the attention of investors is a building that is being sold under market price.

The building, which is currently under construction, is a six-story residential building with a total of 12 apartment units. The apartments range from one to three bedrooms, with sizes ranging from 60 to 120 square meters. The building is strategically located near public transportation, schools, and shopping centers, making it an ideal choice for families and young professionals.

What sets this building apart from other projects in the area is its price. The developer has priced the units well below the market rate, making it an attractive investment opportunity for buyers looking to get in on the ground floor of an up-and-coming area. The developer has stated that the lower price is due to their desire to build a strong reputation in the market and gain a foothold in the competitive real estate industry.

Despite the lower price, the developer has not compromised on quality. The building is being constructed using high-quality materials and modern construction techniques. The apartments feature spacious layouts, large windows, and balconies with stunning views of the surrounding area. The building also has an elevator, a parking garage, and 24-hour security, ensuring the safety and comfort of its residents.

Investors who purchase units in this building can expect to see a solid return on investment in the coming years. The demand for affordable housing in Koronfel is high, and the area is expected to continue to grow in popularity in the coming years. As such, investors can expect to see strong rental yields and potential capital appreciation.

In conclusion, the building being sold under market price in Koronfel, Egypt, is an excellent investment opportunity for buyers looking to get in on the ground floor of an up-and-coming area. The developer's commitment to quality construction, coupled with the building's strategic location and affordable prices, make it an attractive option for both local and international investors. With strong potential for rental yields and capital appreciation, this building is definitely worth considering for those looking to invest in the Egyptian real estate market.

MLS Realty
+201200070979