Lake View Residence Compound in New Cairo, Egypt, provides a luxurious living experience in a prime location. This 77-acre resort-style development features expansive green spaces, artificial lakes, and top-tier amenities. Only 25% of the area is dedicated to buildings, with the rest devoted to creating a serene environment for residents.
Situated in the heart of New Cairo’s “Golden Square,” Lake View Residence provides easy access to major thoroughfares and neighboring developments. The compound comprises 600 high-end villas across five phases, catering to those seeking an exclusive lifestyle in one of Egypt’s most desirable areas.
Overview of Lake View Residence
Lake View Residence is a premium residential compound in New Cairo, Egypt. This expansive development offers high-end living with resort-style amenities and stunning landscapes.
Prime Features and Amenities
Lake View Residence spans 77 acres, with only 25% dedicated to buildings. The compound features 118 residential buildings, each limited to 4 floors. Luxury villas and apartments boast modern designs with panoramic glass facades.
Artificial lakes and lush green spaces dominate the landscape, creating a serene environment. The development includes a mall with commercial units for residents’ convenience.
Resort-like facilities cater to various lifestyles. Residents enjoy access to swimming pools, sports courts, and well-maintained gardens. Security measures ensure a safe living environment.
Location and Accessibility
Situated in New Cairo, Lake View Residence offers a prime location away from the bustle of central Cairo. The compound provides easy access to major roads and highways. New Cairo is a rapidly developing area with modern infrastructure. Nearby amenities include international schools, universities, and shopping centers.
The American University in Cairo is nearby, making Lake View Residence an attractive option for students and faculty. Cairo International Airport is also within reasonable driving distance. Public transportation options are available near the compound, facilitating movement around the city.
Real Estate Options
Lake View Residence Compound offers diverse housing options for different preferences and lifestyles. Prospective buyers can choose from apartments, villas, and townhouses, each providing unique features and amenities.
Apartment Details
Apartments in Lake View Residence range from cozy units to spacious penthouses. Ground-floor apartments often feature private gardens, while upper-floor units may have balconies with scenic views. Many apartments are fully finished and ready for immediate occupancy.
Sizes vary to accommodate different needs, from compact 1-bedroom units to expansive 3-bedroom layouts. Some apartments come fully furnished, offering turnkey solutions for busy professionals or investors.
Penthouse units occupy the top floors, providing luxurious living spaces with premium finishes and panoramic vistas of the compound’s landscaped areas and crystal lagoons.
Villas and Townhouses
Lake View Residence’s villas and townhouses cater to those seeking more space and privacy. These standalone homes offer generous living areas and private gardens, often including swimming pools.
Villas come in various sizes and designs, typically featuring 3 to 7 bedrooms. Many are fully finished with high-end materials and modern architectural elements. Some villas boast ultra-modern panoramic glass facades, maximizing natural light and views.
Townhouses provide a balance between apartment and villa living. They often have multiple floors, private entrances, and small gardens or terraces. These units are ideal for families wanting more space without the maintenance requirements of an entire villa.
Investment and Pricing
Lake View Residence offers diverse investment opportunities with flexible payment options. The compound’s pricing reflects its premium location and amenities, while market trends indicate the potential for value appreciation.
Financial Options
Lake View Residence provides various financial plans to suit different budgets. Down payments start from 10% to 20% of the property value. Installment plans extend up to 8 years, allowing buyers to spread costs over time.
The compound offers flexible payment systems to accommodate investor needs. Some units may be available at below-market prices, presenting attractive investment prospects. Prices start at around 35,000,000 EGP for villas, while apartments are more affordable.
Market Trends
New Cairo’s real estate market has shown steady growth, with Lake View Residence positioned as a premium development. Property values in the area have consistently appreciated over time.
Demand for high-end residential units in New Cairo remains strong. Lake View’s unique features contribute to its market appeal, including panoramic glass facades and extensive green spaces. Investors can expect potential returns through rental income or capital appreciation. The compound’s location in the Golden Square of Fifth Settlement adds to its long-term investment value.
Community and Lifestyle
Lake View Residence offers a vibrant community atmosphere with luxurious amenities and services. Residents enjoy a resort-like environment that combines high-end living with abundant recreational opportunities.
Residential Life
The compound features 118 residential buildings, each with four floors. These structures boast modern glass facades, providing stunning views and a sophisticated aesthetic. Apartments and villas cater to diverse preferences, ensuring a comfortable living experience for all residents. Green spaces dominate the landscape, with 75% of the compound dedicated to lush gardens and artificial lakes. This emphasis on nature creates a serene environment for daily life.
The development’s 5-star classification reflects its commitment to quality. High-end finishes and materials are used throughout, maintaining an upscale atmosphere in private residences and common areas.
Recreation and Services
Lake View Residence offers an array of recreational facilities. A state-of-the-art health club provides fitness enthusiasts with top-notch equipment and classes. The compound’s swimming pool is a central gathering spot for relaxation and socializing.
Entertainment options abound within the community. Residents can access various clubs and public areas, which encourage community engagement and offer multiple recreational options. The on-site mall houses commercial units, offering convenient shopping and dining options. This feature adds to the self-contained nature of the compound, allowing residents to fulfill many of their daily needs without leaving the community.
The Developer’s Profile
El Hazek Group is a prominent real estate developer in Egypt. The company is known for its exceptional residential projects and cutting-edge designs.
Previous Projects
El Hazek Group has completed several successful developments across Egypt. Their portfolio includes luxury residential compounds, commercial complexes, and mixed-use projects. The company’s track record demonstrates consistent delivery of well-designed, functional spaces that meet market demands.
El Hazek Group prioritizes quality construction and attention to detail in all its projects. It has worked with top architects and contractors to ensure high standards are provided throughout development.
Vision and Mission
El Hazek Group’s vision centers on creating exceptional living environments that enhance residents’ quality of life. They aim to set new benchmarks in the real estate industry through innovative designs and sustainable practices.
The company’s mission is to deliver value to customers, shareholders, and the community. El Hazek Group strives to incorporate the latest technologies and eco-friendly solutions into its developments.
They strongly emphasize customer satisfaction, aiming to exceed expectations in terms of design, amenities, and after-sales service. El Hazek Group’s commitment to excellence is evident in their approach to each project.
Frequently Asked Questions(FAQs):
What amenities are available in the Lake View Residence Compound?
Lake View Residence Compound provides a variety of amenities for its residents. The development includes artificial lakes and extensive green spaces.
Recreational facilities, in swimming swimming pools and fitness areas, are available. The compound also offers security services to ensure residents’ safety.
How does the cost of living in Lake View Residence Compound compare to other areas in New Cairo?
Lake View Residence is positioned as a luxury development in New Cairo. As such, living costs tend to be higher than in some other city areas.
The premium pricing reflects the compound’s amenities, location, and overall quality of life offered to residents.
What types of properties are available for sale in Lake View Residence?
Lake View Residence offers a diverse range of property types. These include apartments, penthouses, and villas.
Unit sizes vary, with apartments ranging from 120 to 200 square meters. The development caters to different preferences and family sizes.
Can you provide information on the developer of Lake View Residence?
Lake View Residence was developed by El Hazek Group, a company known for creating luxury residential projects in Egypt.
El Hazek Group delivers high-quality developments with modern design elements and amenities.
What are the rental options in Lake View Residence Compound?
While specific rental information is not provided in the search results, it’s common for luxury compounds to offer rental options.
Interested parties should contact the property management or real estate agencies handling Lake View Residence for rental availability and terms.
Is there a variety of apartment sizes and designs within Lake View Residence?
Lake View Residence offers a range of apartment sizes and designs. The development includes units with areas from 120 to 200 square meters.
Apartments feature modern designs, including panoramic glass facades. This variety allows residents to choose homes that suit their needs and preferences.
