Al Karma 1, a flagship project by AlKarma Developments, stands as a pioneering compound in 6th of October City, Egypt. Launched in 1996, this luxurious residential complex spans over 45 acres in the heart of Sheikh Zayed. Al Karma 1 offers residents a perfect blend of comfort and luxury, setting the standard for upscale living in West Cairo.
The compound’s unique grapevine-inspired design and prime location make it a sought-after address. With a variety of residential units and amenities, Al Karma 1 caters to those seeking a serene yet well-connected lifestyle in one of Egypt’s rapidly developing urban areas.
Overview of Al Karma 1 Compound
Al Karma 1 Compound is a prestigious residential project in 6th October City, Egypt. It offers luxury living, strategic location, and thoughtful design.
Strategic Location and Accessibility
Al Karma 1 Compound boasts a prime location in the 6th of October City. The compound is 60 meters from Dahshur Road, providing easy access to major thoroughfares. Residents enjoy proximity to key amenities, with Mall of Arabia and Juhayna Square only 5 minutes away.
The project’s strategic positioning balances urban convenience and suburban tranquility. Its location near Beverly Hills adds to its appeal, creating a desirable neighborhood for residents seeking an upscale living environment.
Design Philosophy and Landscape
Al Karma 1 Compound spans an impressive 20-acre plot, with only 15% dedicated to building area. This low-density approach prioritizes open spaces and greenery, creating a serene atmosphere for residents.
The compound features three large gardens, enhancing the natural beauty of the surroundings. These green spaces serve as communal areas for relaxation and social gatherings.
The project includes 62 one-story villas designed to maximize comfort and privacy. The architectural style blends modern aesthetics with functional layouts, catering to discerning homeowners.
Properties and Amenities
Al Karma 1 offers a range of residential options and top-notch amenities. The compound provides a blend of comfort, security, and leisure facilities to enhance residents’ quality of life.
Residential Options
Al Karma 1 features spacious villas designed for luxurious living. These homes come in various configurations to suit different family sizes and preferences.
Villas typically include 3 to 4 bedrooms, with at least one main bedroom. Many units also incorporate a maid’s room for added convenience.
The living spaces are thoughtfully designed, often featuring open-plan layouts. Kitchens are well-equipped, and separate laundry rooms are common in many units.
Some villas boast living lofts, providing additional space for relaxation or entertainment. Privacy is a key consideration in the design of these residences.
Leisure and Recreational Services
Al Karma 1 prioritizes the well-being and enjoyment of its residents with an array of leisure facilities.
A centerpiece of the compound is its swimming pool. Some descriptions mention a semi-Olympic pool, perfect for exercise and relaxation.
Fitness enthusiasts will appreciate the gym facilities. An open gym park allows residents to exercise while enjoying the outdoors.
Green spaces are abundant throughout the compound. Family parks provide areas for children to play and families to gather.
Community Facilities
The compound offers various amenities to foster community and convenience.
Security services ensure residents’ safety with controlled access to the compound.
While specific details are limited, Al Karma 1 likely includes common areas for socializing and community events.
Restaurants may be present within or near the compound, offering dining options for residents.
The development’s layout and facilities aim to create a self-contained community where residents can access most daily needs without leaving the compound.
Investment Potential
Al Karma 1 Compound presents a promising investment opportunity in Egypt’s thriving real estate market. The project’s strategic location and developer reputation contribute to its appeal for residential and investment purposes.
Market Analysis and Value Appreciation
Al Karma 1 Compound, developed by AlKarma Developments, is situated in the desirable 6th of October City. This location has recently experienced significant growth and development, attracting local and international investors.
The compound’s proximity to key amenities and infrastructure projects enhances its value proposition. Property values are expected to rise as the area continues to develop, offering potential for capital appreciation.
AlKarma Developments’ track record of delivering high-quality projects further bolsters investor confidence. The company’s reputation for creating well-designed, luxurious communities adds to the compound’s attractiveness.
Price Trends and Predictions
Real estate prices in the 6th of October City have steadily increased over the past decade. Al Karma 1 Compound reflects this market dynamic, with prices starting from 39,000,000 EGP for select properties.
Analysts predict continued price growth in the area, driven by ongoing infrastructure improvements and increasing demand for upscale residential options. The compound’s limited supply of units may contribute to price stability and potential appreciation.
Investors should note that while past performance does not guarantee future results, the compound’s prime location and quality offerings position it favorably in the market. Before deciding to buy, extensive research is advised, just like with any real estate investment.
Purchase Process and Payment Terms
Al Karma 1 Compound offers flexible payment plans for prospective buyers. The process involves an initial down payment followed by installment options spread over several years.
Understanding the Payment Plans
Buyers can choose from various payment structures when purchasing property in Al Karma 1. The standard plan includes a 10% down payment, with the remaining balance paid in installments over seven years.
Prices for villas start at 5,231,263 EGP. This allows buyers to spread the cost over time, making luxury living more accessible.
The installment plan divides the remaining balance into equal payments. This helps buyers manage their finances more effectively.
Some properties may have different payment terms. It’s advisable to check with Al Karma Developments for specific details on the desired unit.
Necessary Documentation and Steps
To initiate the purchase process, buyers must provide certain documents. These typically include:
- Valid identification (passport or national ID)
- Proof of address
- Bank statements or proof of income
The purchase process involves several steps:
- Property selection
- Reservation with initial deposit
- Contract signing
- Down payment
- Registration of the property
Buyers should consult with Al Karma’s sales team for a comprehensive list of required documents. They can guide you through each step of the process.
Legal assistance may be recommended to ensure all paperwork is in order. This helps avoid potential issues later in the purchase process.
Lifestyle and Community Living
Al Karma 1 Compound fosters a vibrant community atmosphere while offering luxurious amenities. Residents enjoy a balance of privacy and social connection in a comfortable, well-designed environment.
Sense of Community and Social Life
The compound’s layout encourages neighborly interactions. Shared spaces feature vibrant colors and inviting designs, creating natural gathering spots. Residents often meet at outdoor restaurants scattered throughout the community, fostering friendships over meals.
Shopping centers within the compound provide convenient retail options. ATMs are strategically placed for easy access. Community events are organized regularly to bring residents together and strengthen social bonds.
Health and Wellness Amenities
Al Karma 1 prioritizes resident well-being with top-notch health facilities. A modern fitness center offers state-of-the-art equipment and group classes.
Jogging trails wind through landscaped green spaces, providing fresh air and exercise opportunities. Tennis courts and swimming pools cater to sports enthusiasts.
A spa center offers relaxation treatments, promoting stress relief and rejuvenation. Quiet meditation gardens provide peaceful retreats for those seeking tranquility amidst the bustling community life.
Frequently Asked Questions
Al Karma 1 Compound offers a range of properties and amenities in the 6th of October City. Residents enjoy various facilities, security measures, and convenient access to nearby services.
What are the current prices for properties in Al Karma 1 Compound?
Property prices in Al Karma 1 Compound vary based on size, type, and location within the development. Villas typically range from 5 to 10 million Egyptian pounds. Apartments are priced between 2 and 5 million Egyptian pounds.
Prices may fluctuate due to market conditions and specific property features. Interested buyers should contact Al Karma Developments for the most up-to-date pricing information.
What amenities and facilities does Al Karma 1 Compound offer residents?
Al Karma 1 Compound provides a variety of amenities for its residents. These include well-maintained green spaces, walking paths, and children’s playgrounds.
The compound features a clubhouse with a swimming pool, gym, and sports courts. Residents also have access to on-site shopping areas and dining options.
How does Al Karma 1 Compound compare to other properties in the 6th of October City?
Al Karma 1 Compound is known for its prime location and high-quality construction. It offers a mix of villas and apartments, catering to different preferences and budgets.
The compound’s established reputation and mature landscaping set it apart from newer developments. Its proximity to key areas on the 6th of October City adds to its appeal to residents.
Can you provide details about the security measures at Al Karma 1 Compound?
Al Karma 1 Compound prioritizes resident safety with comprehensive security measures. The compound is fully gated, with 24/7 security personnel at entrances and exits.
CCTV cameras monitor common areas throughout the compound. Residents benefit from controlled access systems for both vehicles and pedestrians.
What properties are available in Al Karma 1 Compound?
Al Karma 1 Compound offers various property types. Standalone villas are available in various sizes and designs and are suitable for larger families.
The compound also features apartments in different configurations, from studios to multi-bedroom units. Some properties come with private gardens or balconies.
How close is Al Karma 1 Compound to nearby schools and hospitals?
Al Karma 1 Compound is conveniently located near essential services. Several international schools are within a 10-15 minute drive from the compound.
Hospitals and medical centers are easily accessible, with major facilities about 10-20 minutes away by car. The compound’s location provides a balance of residential tranquility and urban convenience.
