Lake Residence in New Cairo is a prime example of upscale residential living in Egypt. This luxurious compound, strategically located near key areas of the city, provides residents with modern amenities and a comfortable lifestyle. With its elegant design and extensive green spaces, Lake Residence offers a tranquil escape from urban life.
Luxury Living at Lake Residence
Lake Residence offers an unparalleled lifestyle marked by sophisticated design and top-tier amenities. It caters to those who seek comfort and elegance in their living spaces. Its thoughtfully planned environment enhances community living while ensuring modern conveniences.
Designer Apartments and Amenities
The apartments at Lake Residence feature contemporary designs, fully finished with high-quality materials that reflect luxurious living. Units are available in one—to two-bedroom layouts, ranging from 48 to 132 sqm, accommodating various needs.
Each apartment comes equipped with:
- Modern kitchens with premium appliances
- Spacious living areas designed for comfort
- Stylish bathrooms with elegant fixtures
Residents benefit from various amenities, including beautifully landscaped gardens, swimming pools, and fitness facilities. These features foster an engaging and vibrant atmosphere, making every day special.
Exclusive Community Lifestyle
Living at Lake Residence means joining a community that prioritizes security and leisure. The complex includes shared rooftops with stunning views and communal areas, ideal for social gatherings.
Additional facilities like:
- 24/7 security and concierge services
- Recreational spaces for relaxation and activities
- On-site management for ease of living
The designed environment encourages a sense of belonging and exclusivity, appealing to individuals and families alike. This vibrant lifestyle encompasses a perfect balance of luxury and comfort, meeting the needs of discerning residents.
Strategic Location and Connectivity
Lake Residence New Cairo’s prime location offers residents easy access to key landmarks and efficient transport links. Its setting in the Fifth Settlement ensures that amenities and institutions are within reach, enhancing the living experience.
Proximity to Key Cairo Landmarks
Lake Residence is strategically located near several vital areas in Cairo. It is approximately 2.7 km from Suez Road, providing a direct commuter route. The American University in Cairo is just 5 km away, making it a convenient choice for students and educators.
Rehab City, a well-known residential area, is 4.5 km from the compound and offers additional shopping and entertainment options. Nearby, Cairo Festival City further enhances the local lifestyle with its varied retail and dining experiences.
Cairo International Airport is about 27 km away, which is vital for residents who travel frequently. These proximityes place Lake Residence at the heart of New Cairo’s vibrant lifestyle.
Accessibility and Transport Links
Efficient transport links highlight the accessibility surrounding Lake Residence. Residents can easily navigate significant roads, including the Cairo Ring Road, which connects them to various parts of the city.
Public transport options are readily available, ensuring residents can commute without hassle. Buses and taxis operate frequently in the area, providing flexible travel solutions.
Cycling and walking paths are also integrated into the design, promoting a healthy lifestyle while enabling easy access to nearby amenities. This interconnected transport network contributes to the convenience and attractiveness of living in Lake Residence.
Investment Opportunities
Lake Residence presents significant prospects for investors looking to enhance their real estate portfolio in New Cairo. The project’s unique attributes and various financial options provide a compelling investment case.
Real Estate Investment Potential
Lake Residence is strategically developed in New Cairo, an area known for its rapid growth and demand among residents and expatriates. With a total land area of 20,850 sqm, this complex includes five interconnected buildings, offering 132 hotel rooms and 456 serviced apartments.
Property sizes range from 48 to 132 sqm, catering to diverse potential buyers. The fully finished and furnished apartments managed by Rotana further elevate their appeal. Investors can expect a solid return on investment, given the location’s accessibility to major roads and amenities, which enhances overall property value.
Flexible Payment Plans
Investors at Lake Residence can take advantage of flexible payment plans designed to accommodate a variety of financial situations. Typically, a reasonable down payment is required, followed by installment options spanning several years.
Such a structure allows for manageable financial commitment while securing property in a high-demand area. Payment plans may include different schemes, such as monthly or quarterly installments, making it easier for potential buyers to invest without significant upfront financial strain. Investors can tailor these plans to align with their investment strategies, ensuring a seamless entry into the real estate market.
The Developer’s Excellence and Reputation
Al Marasem Development stands out in Egypt’s real estate sector due to its commitment to quality and innovation. The developer has earned a strong reputation through successful projects that exemplify its dedication to excellence.
Notable Past Projects
Al Marasem Development has a portfolio of impressive projects that have shaped its reputation in the industry. The well-regarded Lake Residence is among them, and it is known for its thoughtfully designed units and extensive amenities.
In addition, the developer has completed various residential and commercial projects across New Cairo, contributing to urban development. Their ability to meet deadlines and deliver high-quality properties reinforces their credibility in the market.
This consistency in project execution has garnered trust from both investors and residents, positioning Al Marasem as a leader in Egyptian real estate.
Commitment to Quality and Innovation
Al Marasem Development prioritizes quality in every aspect of its projects. It uses premium materials and modern construction techniques to ensure durability and aesthetic appeal.
Innovation is central to their approach, with designs that incorporate contemporary trends while catering to residents’ needs. For instance, the incorporation of eco-friendly systems reflects a commitment to sustainability.
This focus enhances the living experience and increases property value over time. Al Marasem’s proactive stance on integrating advancements showcases its dedication to maintaining a competitive edge in the industry.
Comprehensive Amenities and Services
Lake Residence New Cairo offers various amenities and services for comfort, health, and convenience. Residents can enjoy family-friendly facilities and vibrant shopping and dining options, making daily life pleasant and engaging.
Family and Health Facilities
Lake Residence strongly emphasizes family and wellness. The community features vast green spaces where families can relax, and children can play freely. Various health and sports clubs are accessible, providing fitness options for adults and youth alike.
For personal relaxation, a luxurious spa offers treatments to rejuvenate residents. Parents can easily enroll their children in nearby schools renowned for quality education. Additionally, families can enjoy recreational activities at institutions like the Al-Rehab Club and Heliopolis Club, all contributing to a vibrant community atmosphere.
Shopping and Dining Experiences
Dining and shopping are conveniently located within and near Lake Residence. A shopping center houses diverse retail outlets, enabling easy access to everyday needs. This space includes boutiques and essential services to cater to residents.
For dining, a range of restaurants and cafes offer international and local cuisines. Residents can enjoy casual dining experiences or upscale meals. The combination of shopping and dining spaces allows residents to engage in a lively social environment, enhancing their lifestyle in New Cairo.
Frequently Asked Questions
This section addresses potential residents’ common inquiries regarding Lake Residence in New Cairo. Information covered includes rental rates, property prices, additional costs, amenities, and comparisons to other residential areas.
What are the current rental rates for Lake Residence and New Cairo properties?
Rental rates in Lake Residence can vary depending on property size and type. Generally, one-bedroom units may range from EGP 10,000 to EGP 15,000 per month, while two-bedroom apartments may be priced between EGP 15,000 and EGP 20,000.
What is the price range for buying a property in Lake Residence?
The price to purchase a property in Lake Residence typically ranges from EGP 1,500,000 to EGP 3,000,000. This variation depends on the apartment configuration and square footage, with larger units commanding higher prices.
Are there any additional fees or costs when purchasing a property in Lake Residence?
Yes, buyers should anticipate additional costs. These may include maintenance fees, registration fees, and possibly a community service charge, which can vary based on property size and community rules.
What types of amenities are available to residents of Lake Residence?
Lake Residence offers a variety of amenities. Residents can access swimming pools, fitness centers, recreational areas, 24-hour security, landscaped gardens, and parking facilities.
How does Lake Residence compare to other residential areas in New Cairo in terms of community and lifestyle?
Lake Residence is known for its modern living environment and accessible amenities. Compared to other areas in New Cairo, it offers a family-friendly atmosphere and proximity to essential services, making it a desirable community for diverse lifestyles.
What public services and infrastructure are accessible for Lake Residence, New Cairo residents?
Residents benefit from New Cairo’s well-developed infrastructure. Public services include reliable transportation and access to healthcare facilities, educational institutions, and shopping centers, contributing to a convenient living experience.
