Lake View Boutique Compound in New Cairo, Egypt, offers a luxurious living experience. Situated at 1 million square meters, this upscale development features a mix of villas, townhouses, and apartments. The compound boasts scenic views and modern amenities, catering to those seeking a premium lifestyle.
Residents enjoy access to various facilities and services within the community. Lake View’s prime location in New Cairo provides convenient proximity to urban conveniences while maintaining a serene atmosphere.
Table of Contents
ToggleOverview of Lake View Boutique Compound
Lake View Boutique Compound, developed by El Hazek, offers luxury and tranquility in New Cairo City. The compound features unique design elements and modern amenities, catering to residents seeking an upscale lifestyle.
Location and Accessibility
Lake View Boutique Compound is strategically located in the 5th Settlement of New Cairo. It offers simple access to major roads and highways, connecting residents to critical areas of the city.
The compound is situated just 5 minutes from the American University in Cairo. This prime location ensures easy commutes for students and faculty. Residents can reach various service areas and commercial centers within minutes. The proximity to essential facilities enhances the overall living experience in Lake View.
Design and Architecture
El Hazek Developments has crafted Lake View Compound with a resort-style concept. The architecture aims to create a lasting sense of relaxation for residents.
The compound’s layout dedicates 75% of its area to green spaces, recreational facilities, and water features. This design philosophy prioritizes a balanced and harmonious living environment.
Only 25% of the compound’s area is occupied by residential buildings. This approach ensures spacious living quarters without compromising on community amenities. Lake View’s unique design incorporates natural aesthetics with functional spaces. The result is a visually appealing and practical living environment for its residents.
Residential Living
Lake View Boutique Compound offers an exclusive residential experience with various property types and high-end amenities. The development prioritizes luxury living, security, and privacy for its residents.
Property Types Available
Lake View Boutique Compound features a range of residential options to suit different preferences. Villas are the most luxurious choice, often with private pools and spacious layouts.
Twin houses and townhouses provide elegant alternatives for those seeking a balance between space and convenience. Apartments are also available, offering a more compact yet stylish living solution. Many properties are fully finished, allowing residents to move in with ease. The compound caters to various family sizes and lifestyles, ensuring a diverse community.
Amenities and Features
Lake View Boutique Compound residents enjoy access to many amenities created for comfort and leisure. Artificial lakes create a serene atmosphere throughout the development, enhancing the overall aesthetic.
Green spaces are abundant, providing areas for relaxation and outdoor activities. The compound may include facilities such as:
- Swimming pools
- Fitness centers
- Walking and jogging tracks
- Playgrounds for children
- Community centers
These features contribute to a resort-like living experience, promoting a high quality of life for residents within the compound.
Security and Privacy
Lake View Boutique Compound prioritizes the safety and privacy of its residents. The development likely employs state-of-the-art security measures to ensure peace of mind.
These may include:
- 24/7 surveillance systems
- Gated entrances with controlled access
- Trained security personnel patrolling the premises
The compound’s layout maximizes privacy, with thoughtful spacing between properties and strategic landscaping. This attention to detail allows residents to enjoy their personal space without compromising community living.
Recreation and Leisure
Lake View Boutique Compound offers a diverse array of recreational amenities. Residents can enjoy lush green spaces, state-of-the-art swimming pools, and luxurious wellness facilities.
Green Spaces and Landscaping
The compound features meticulously designed green areas covering 75% of its land. These landscaped spaces include walking paths, gardens, and parks.
Residents can relax in tranquil surroundings or engage in outdoor activities. The green areas provide a refreshing contrast to urban living. Tree-lined avenues and flower beds add beauty and improve air quality. Picnic spots and shaded seating areas allow for social gatherings and community events.
Swimming Pools and Sports Facilities
Lake View boasts multiple swimming pools catering to different preferences. The main pool is ideal for laps, while smaller pools are perfect for families and children.
A fully-equipped gym offers modern exercise equipment and fitness classes. Tennis courts and a multi-purpose sports field provide options for active residents. The compound also features a jogging track encircling the development. Basketball and volleyball courts are provided for team sports enthusiasts.
Spa and Wellness Centers
The on-site spa offers various treatments for relaxation and rejuvenation. Services include massages, facials, and body wraps using high-quality products.
A dedicated wellness center offers yoga and meditation classes and hosts nutrition and stress management workshops. Sauna and steam rooms help residents unwind after a workout. A beauty salon caters to grooming needs, offering hair, nail, and skincare services.
Investing in Lake View
Lake View Boutique Compound offers attractive investment opportunities in New Cairo’s real estate market. The development features high-quality properties with potential for appreciation and various purchasing options.
Purchasing Options
Lake View provides a range of residential units for investors. Villas and apartments are available for sale, catering to different preferences and budgets. Standalone villas offer spacious living with private gardens, while apartments provide more affordable entry points into the compound.
Resale options exist for villas and apartments, allowing investors to enter the market through previously owned properties. These can sometimes offer better value than new units directly from the developer.
Price Range and Payment Plans
Property prices in Lake View vary based on unit type, size, and location within the compound. Villas typically start from 30,000,000 EGP, while apartments range from 3,000,000 EGP to 12,000,000 EGP.
The developer offers flexible payment plans to facilitate purchases. These often include:
- Down payments of 10-20%
- Installment periods of 5-8 years
- Quarterly or semi-annual installments
Some plans may feature graduated payment structures, with lower initial installments that increase over time.
Real Estate Appreciation Potential
Lake View’s strategic location in New Cairo positions it well for future appreciation. The compound’s high-quality construction, amenities, and ongoing development in the surrounding area contribute to its investment appeal.
Factors supporting potential value growth include:
- Continued infrastructure improvements in New Cairo
- Increasing demand for luxury residential compounds
- A limited supply of similar high-end properties in the area
Historical data shows steady price increases in Lake View properties over the past years, outpacing inflation rates. However, investors should perform comprehensive market research and get advice from local real estate professionals before finalizing any investment choices.
Nearby Facilities and Amenities
Lake View Boutique Compound offers convenient access to various essential facilities and amenities. Residents enjoy proximity to top-tier educational institutions, diverse shopping and dining options, and quality healthcare centers.
Educational Institutions
The American University in Cairo (AUC) is a prominent educational landmark near the Lake View Boutique Compound. This prestigious institution offers world-class higher education programs and state-of-the-art facilities.
Several other international schools cater to families with children of various ages. These schools provide curricula aligned with global educational standards, ensuring quality education for residents. The compound’s location also allows easy access to language institutes and vocational training centers, supporting lifelong learning opportunities for all age groups.
Shopping and Dining
A modern shopping mall near Lake View Boutique Compound is a central retail therapy and entertainment hub. This mall houses local and international brands and caters to diverse shopping preferences.
The area boasts various restaurants and cafes, from casual eateries to fine dining establishments. Culinary options include both local Egyptian cuisine and international fare. Several supermarkets and convenience stores are within a short drive, ensuring residents can easily access daily necessities and groceries.
Healthcare Centers
Lake View Boutique Compound benefits from its proximity to advanced healthcare facilities. A well-equipped hospital nearby provides comprehensive medical services, including emergency care and specialized treatments.
Multiple medical clinics offering various specialties are scattered throughout the area. These clinics provide routine check-ups, vaccinations, and specialized consultations. Dental practices and diagnostic centers complement the healthcare landscape, ensuring residents can access a full spectrum of medical services without traveling far from home.
Frequently Asked Questions(FAQs):
What are the current price ranges for properties in Lake View Boutique Compound?
Property prices in Lake View Boutique Compound vary depending on the type and size of the unit. Villas typically represent the highest-priced option, with prices starting around 30,000,000 EGP. Apartments are generally more affordable, but exact prices fluctuate based on market conditions.
Are there villas available for sale in the Lake View New Cairo Compound?
Yes, Lake View New Cairo Compound offers villas for sale. The project includes independent villas and townhouses, providing options for those seeking spacious, luxury homes. These properties are part of the compound’s diverse range of residential units.
Which restaurants are located within the Lake View New Cairo Compound?
Lake View Boutique Compound focuses on providing a comprehensive living experience. While specific restaurant names are not listed in the available information, the compound likely includes dining options as part of its amenities and services for residents.
Who is the developer behind the Lake View New Cairo Compound?
El Hazek Developments Construction is the developer responsible for the Lake View New Cairo Compound. This privately owned real estate development company has operated since 1979 and is part of the Al-Haziq Group.
Can you provide information about the ownership of Lake View New Cairo?
Lake View New Cairo is owned and developed by El Hazek Developments Construction. This company has a long-standing reputation in the Egyptian real estate market and has undertaken various residential, commercial, and industrial projects.
How does Lake View Boutique Compound compare with nearby developments like Mivida?
Lake View Boutique Compound emphasizes a balance between nature and functionality. It offers various residential options, including apartments, villas, and townhouses. The compound focuses on providing its residents with a luxurious lifestyle with amenities and services.