Lake View Compound is a premier residential development in New Cairo, Egypt. Located in the city’s heart, this sought-after address offers a unique mix of luxury and a convenient lifestyle. The compound spans 1 million square meters and features various housing options, including villas, townhouses, and apartments.
Residents of Lake View enjoy stunning landscapes and modern amenities, making it an attractive choice for those seeking an upscale lifestyle in New Cairo. The development’s strategic location and high-quality construction have contributed to its appeal to homebuyers and investors.
Overview of Lake View Compound
Lake View Compound is a prestigious residential development in New Cairo, Egypt. It offers a mix of luxurious villas, townhouses, and apartments set amidst lush green spaces and sparkling lagoons.
Developer Profile
El Hazek Construction, a leading Egyptian real estate developer, is behind the Lake View Compound project. The company has a strong track record of creating high-quality residential communities in Egypt and is known for its attention to detail and commitment to delivering exceptional living spaces.
The developer’s expertise is evident in the thoughtful planning and execution of Lake View Compound. They have successfully balanced residential areas with extensive green spaces and amenities, creating a well-rounded community for residents.
Architectural Design and Vision
ISV Architects, an internationally renowned firm, designed Lake View Compound. Their vision was to harmoniously blend modern living with natural beauty.
The compound spans approximately 300 acres, with only 25% dedicated to residential buildings. This approach ensures ample space for landscaping, water features, and recreational facilities.
Lake View’s design incorporates a variety of housing options, including luxury villas, townhouses, and apartments. Each residential unit is crafted to maximize views of the surrounding landscape and offer a sense of privacy.
The architects strongly emphasized integrating water elements throughout the compound. Artificial lakes and lagoons serve as focal points, enhancing the overall aesthetic and creating a serene atmosphere for residents.
Properties in Lake View Compound
Lake View Compound offers diverse residential options to suit various preferences and lifestyles. The development features apartments, villas, and townhouses with modern amenities and attractive designs.
Apartments and Villas
Lake View Compound provides a selection of apartments and villas to satisfy different family sizes and needs. Apartments come in various layouts, from cozy one-bedroom units to spacious three-bedroom configurations. These offer comfortable living spaces with modern finishes and amenities.
Villas in Lake View are available as standalone units or twin houses. These luxurious homes feature private gardens, multiple bedrooms, and generous living areas. Some villas boast lake views, adding to their appeal.
Townhouses present a middle ground between apartments and villas, offering multi-story living with private outdoor spaces. Penthouses are also available for exclusive top-floor residences with premium features and panoramic views.
Price Range and Payment Systems
Property prices in Lake View Compound vary based on type, size, and location within the development. Apartments typically start around 11,700,000 EGP, while villas and larger units command higher prices.
The developer offers flexible payment plans to make purchasing easier. These often include:
- Down payment options
- Installment plans ranging from 3 to 7 years
- Customizable payment schedules
Some units may be available at below-market rates, presenting opportunities for savvy buyers and investors. Checking with real estate agencies or the developer for current pricing and payment terms is advisable.
Featured Listings
Lake View Compound regularly features attractive property listings. Some notable options include:
- Lake-view apartments: These units offer stunning views and are highly sought after.
- Luxury villas: Spacious homes with high-end finishes and private amenities.
- Townhouses: Ideal for families seeking a balance of space and convenience.
Many listings boast premium locations within the compound, proximity to essential amenities, or recent renovations. Some properties may include features like smart home systems, private pools, or landscaped gardens.
Prospective buyers should consider unit orientation, apartment floor level, and proximity to community facilities when evaluating listings. Working with a famous, trustworthy real estate agent will help you find the best properties that match specific requirements and budgets.
Amenities and Lifestyle
Lake View Compound offers residents a luxurious and comfortable lifestyle with many amenities. The development prioritizes green spaces, recreational facilities, and security to create a tranquil and exclusive living environment.
Green Spaces and Landscaping
Lake View Compound dedicates 75% of its 77-acre area to lush green spaces and landscaping. Artificial lakes dot the property, creating serene waterfront views for many residences. Walking paths wind through manicured gardens, providing residents with peaceful areas for relaxation and exercise.
The compound’s design incorporates native plants and trees, enhancing biodiversity and creating a natural oasis within New Cairo’s urban setting. Shaded seating areas and picnic spots are strategically placed throughout the grounds.
Recreational Facilities
A state-of-the-art health club caters to fitness enthusiasts, offering modern gym equipment and personal training services. The compound features multiple swimming pools, including an Olympic-sized pool and children’s splash areas.
Tennis courts and multi-purpose sports fields provide options for active residents. A clubhouse serves as a social hub, hosting community events and offering spaces for private gatherings. Playgrounds with safe, modern equipment are scattered throughout the compound for younger residents.
Security and Privacy
Lake View Compound prioritizes resident safety with 24/7 security patrols and CCTV surveillance. Gated entrances with controlled access ensure that only authorized individuals enter the premises.
Privacy is a crucial feature, and careful landscaping and architectural design create secluded spaces for each residence. Sound-dampening techniques minimize noise between properties.
The compound’s layout promotes a sense of community while respecting individual privacy and balancing social interaction and personal space.
Strategic Location and Accessibility
Lake View Compound’s prime location in New Cairo offers residents easy access to critical areas and amenities. Its strategic positioning enhances connectivity while providing a serene living environment.
Proximity to Key Areas
Lake View Compound is in the heart of New Cairo’s Fifth Settlement. It lies near the main 90th Street, a major thoroughfare. The compound is just 15 minutes from Cairo International Airport, enabling quick travel connections.
Residents enjoy proximity to educational institutions. The American University in Cairo is only a few minutes away, making it convenient for students and faculty.
Downtown Katameya Mall, a popular shopping destination, is also easily accessible from Lake View Compound. Residents have nearby retail and entertainment options.
Transport and Infrastructure
New Cairo City boasts modern infrastructure, benefiting Lake View Compound residents. Well-planned roads and highways connect the area to other parts of Cairo. Public transportation options are available near the compound. These include bus routes and taxi services, facilitating movement within New Cairo and to other districts.
The compound’s location near major roads like 90th Street ensures smooth traffic flow. This allows for easier commutes to work, school, and leisure activities. Future infrastructure projects in New Cairo are expected to enhance accessibility further. These developments aim to improve connectivity and reduce travel times for residents.
Investment Potential
Lake View Compound offers promising investment opportunities in New Cairo’s real estate market. The development’s prime location and diverse property types attract homebuyers and investors seeking long-term value appreciation.
Market Trends and Property Values
Lake View Compound has experienced steady growth in property values over recent years. Villas in the compound command premium prices, with an average cost of 50,000,000 EGP. Apartments are also in high demand among buyers looking for flats in New Cairo.
The development’s 300-acre layout, with 75% dedicated to amenities and green spaces, contributes to its desirability and potential for value appreciation. This thoughtful design enhances the overall appeal of Lake View properties.
Residential units in Lake View range from apartments to luxury villas with swimming pools. This diverse offering caters to various market segments, providing options for different investment budgets and strategies.
Buying Process and Ownership Opportunities
Investing in Lake View Compound offers several ownership options. Buyers can choose from ready-to-move-in properties or off-plan purchases with attractive payment plans.
Some developers offer installment plans for standalone villas, making high-end properties more accessible to a broader range of investors. This flexibility in payment terms can be particularly appealing for those looking to enter the luxury real estate market.
Furnished standalone villas are available for those seeking turnkey investment properties. These units can attract investors targeting the rental market or looking for hassle-free second homes.
Buying typically involves direct contact with property sellers or real estate agencies specializing in New Cairo developments. Prospective investors should conduct due diligence on property titles and ensure compliance with local regulations.
Frequently Asked Questions(FAQs):
What amenities are available for residents at Lake View Compound?
Lake View Compound offers numerous amenities for its residents, including swimming pools, fitness centers, landscaped green spaces, walking and jogging tracks, children’s play areas, and sports facilities.
Can you outline the security measures in place at Lake View Compound?
Security is a top priority at Lake View Compound. The development employs 24/7 security personnel and uses CCTV cameras throughout the premises. Gated entrances with controlled access ensure only residents and authorized visitors can enter the compound.
What types of properties are available for purchase in Lake View Compound?
Lake View Compound offers a variety of property types. Buyers can choose from apartments, penthouses, and villas. The apartments come in various sizes and layouts to suit different needs and preferences.
How do the rental prices vary within Lake View Compound?
Rental prices in Lake View Compound differ depending on property type, size, and location within the development. Apartments typically have lower rental rates than villas, and penthouses and properties with prime views may command higher rents.
What are the pros and cons of living in Lake View Compound according to current residents?
Residents appreciate the compound’s modern amenities and well-maintained facilities. The secure environment and green spaces are often cited as positives. Some residents mention the distance from central Cairo as a potential drawback.
What public transport options are accessible from Lake View Compound?
Public transport options near Lake View Compound include bus services connecting to other parts of New Cairo and Cairo proper. Taxis and ride-sharing services are also available. Due to the compound’s location in New Cairo, some residents rely on private cars.
