Lake Residence Fifth Square Compound in New Cairo, Egypt, embodies luxury and comfort in a vibrant, strategic location. Nestled within East Cairo, this residential compound offers modern 1 to 2-bedroom suites, with spaces ranging from 48 to 132 square meters.
Residents of Lake Residence benefit from its spacious design, interconnected buildings, and numerous amenities. The compound’s strategic position along North 90th Street provides easy access to major roads and Cairo International Airport, making it an ideal option for those seeking convenience and elegance in a dynamic urban setting.
Developer Profile
Al Marasem Development has a long-standing reputation for excellence in real estate development and is recognized for creating architectural masterpieces across Egypt. This section delves into the company’s legacy and past projects.
Al Marasem Development Legacy
Al Marasem Development is a prominent entity in Egypt’s real estate landscape. Established with a vision for innovation and quality, the company has consistently delivered top-notch residential and commercial properties. Its projects are known for their unique architectural designs, high construction standards, and the integration of modern amenities. Their portfolio showcases a blend of luxury and practicality, ensuring residents’ highest level of comfort and convenience.
Past Projects and Reputation
Al Marasem’s portfolio includes several noteworthy projects. Lake Residence and Fifth Square are among the flagship developments in New Cairo, known for their strategic locations and comprehensive amenities. These projects exemplify the company’s dedication to providing luxurious living spaces and maintaining high design and functionality standards.
Feedback from residents and industry experts highlights Al Marasem’s commitment to quality and customer satisfaction. The developer’s focus on architectural excellence and strategic planning has earned them a respected position in the market and a reputation for reliability and trustworthiness.
Location and Accessibility
Lake Residence Fifth Square Compound in New Cairo features a central location with easy access to essential amenities and critical destinations. It is strategically situated for convenient travel throughout the area and beyond.
Proximity to Key Destinations
The compound is positioned in the heart of New Cairo within the prestigious Fifth Settlement. This prime location provides quick access to notable landmarks. The American University in Cairo (AUC) is a short drive away, making it convenient for students and faculty. Additionally, the compound is close to prominent shopping and entertainment hubs.
Its location along North 90th Street ensures residents are near various commercial and business centers. This proximity to important destinations enhances Lake Residence’s appeal, offering a vibrant and connected community lifestyle.
Transportation and Connectivity
Lake Residence offers excellent connectivity via significant roadways. The Suez Road is easily accessible, connecting residents to central Cairo and beyond. This arterial route facilitates smooth commuting and travel. Cairo International Airport is also conveniently located, ensuring less travel time for frequent flyers.
Efficient public transportation services and well-planned road networks further enhance connectivity. This supports hassle-free commuting to and from the compound, adding to the overall convenience for residents.
Residence Features and Amenities
Lake Residence Fifth Square Compound in New Cairo offers a unique living experience. It combines modern apartment designs with a plethora of luxury amenities and comprehensive security measures to ensure residents’ comfort and safety.
Apartment Specifications and Designs
The apartments in Lake Residence Fifth Square come in various configurations, including 1- to 3-bedroom units. Each apartment is fully finished, ensuring a high standard of quality.
Sizes range from 48 to 132 square meters, catering to different family sizes and preferences.
These units feature panoramic views, deluxe furnishings, and modern kitchens. Some apartments also come with expansive terraces, enhancing the living experience.
Luxury Amenities and Facilities
Residents can enjoy several luxury amenities designed to enhance their lifestyle. The compound features multiple artificial lakes and swimming pools.
A VIP cinema provides entertainment options, while a sports club caters to fitness enthusiasts. Restaurants and cafes offer diverse culinary experiences.
Additionally, housekeeping services and intercom systems are available for added convenience. An on-site clinic is available for medical needs.
Security and Safety Services
Safety within Lake Residence Fifth Square is a top priority. The compound is equipped with advanced security measures, including 24/7 security personnel.
There are also underground parking facilities and surveillance systems throughout the property.
Emergency services are readily accessible, with dedicated teams ensuring swift response in case of incidents.
Livability and Lifestyle
Lake Residence Fifth Square Compound in New Cairo offers a high standard of living with a mix of modern amenities and a dynamic community atmosphere. Key attractions include well-planned residential spaces, ample recreational facilities, and convenient access to essential services.
Community and Family Life
Residents at Lake Residence enjoy a close-knit community environment, making it ideal for families. The compound is ideally situated within the Fifth Square gated community, providing a secure and tranquil setting for all ages.
Families appreciate the wide range of housing options catering to diverse needs, from one- to two-bedroom suites. Proximity to esteemed educational institutions and healthcare facilities enhances convenience for day-to-day living.
Well-maintained communal areas, including landscaped gardens and playgrounds, encourage social interaction and promote a sense of belonging and security among residents. Community events and gatherings are frequent, offering numerous opportunities for families to connect and socialize.
Leisure and Recreation Opportunities
Lake Residence excels in providing diverse leisure and recreational activities. The compound boasts a sports club equipped with facilities for various sports, promoting an active lifestyle among residents.
For cinema lovers, nearby cinemas are easily accessible, offering the latest movies and an enjoyable leisure activity. Additionally, the compound features walking and running tracks, catering to fitness enthusiasts.
A nearby shopping mall offers a multitude of retail, dining, and entertainment options, making everyday shopping convenient and varied. Other recreational facilities include swimming pools, gymnasiums, and green spaces encouraging relaxation and enjoyment.
Investment and Ownership
Lake Residence Fifth Square offers a lucrative investment opportunity in New Cairo. It is driven by competitive pricing and flexible financial options tailored to meet diverse needs. Investors can expect varying unit prices, attractive down payments, and installment plans.
Pricing and Financial Options
The units at Lake Residence Fifth Square are available at a wide range of prices, providing options for different budgets. Competitive prices reflect the high-end development standards and strategic location near North 90th Street.
Buyers can secure their investment with a flexible down payment. Al Marasem Development often offers payment plans allowing installments spread over several years, easing financial commitment.
These pricing strategies make it accessible to various investors, enhancing the project’s appeal and market value.
Frequently Asked Questions
The Lake Residence Fifth Square Compound in New Cairo offers various rental rates, property prices, and amenities. Recent reviews and public transportation options also significantly influence its value evaluation.
What are the current rental rates for Lake Residence Fifth Square Compound properties?
Rental rates vary based on the size and type of the unit. One-bedroom suites generally start from a specific price range, while two-bedroom suites attract higher rates. Renters can choose between hotel rooms and apartments, each with distinct pricing.
How do the prices compare among properties for sale at Lake Residence Fifth Square Compound?
Prices for properties differ based on square footage and specifications. Smaller units, such as 76-square-meter apartments, will cost less than larger ones. Comparing prices with other developments in New Cairo reveals competitive pricing, making it a viable option for many buyers.
Are there any recent reviews on the Lake Residence Fifth Square Compound that could help assess the community?
Recent reviews highlight the compound’s strategic location and top-notch amenities. Residents appreciate the quality of construction, while visitors commend the fully finished units. These reviews provide insights into the community environment and overall satisfaction levels.
What amenities does Lake Residence Fifth Square Compound offer to its residents?
The compound offers many amenities, including shared rooftops, landscaped gardens, and swimming pools. Residents have access to fitness centers, recreational areas, and 24-hour security. These facilities enhance the living experience and ensure convenience for all occupants.
Can you provide information on the availability of units in Lake Residence Fifth Square Compound?
Availability of units can fluctuate; however, there is typically a selection of hotel rooms and apartments. Prospective buyers and renters should inquire directly for the most up-to-date information. Early inquiries are recommended due to the popularity of the location.
What public transportation options are available near Lake Residence Fifth Square Compound?
Public transportation options near the compound include bus services and nearby metro stations. The strategic location along North 90th Street ensures easy access to major roads. Residents can readily commute to different parts of Cairo, enhancing the compound’s appeal.
