Promenade New Cairo Compound offers luxury and convenience in one of Egypt’s most sought-after residential areas. With strategic access to key locations like the American University in Cairo and major commercial districts, it sets a new standard for modern living. This compound features various amenities to enhance the quality of life, making it a prime choice for families and individuals.
Promenade Compound Overview
Promenade New Cairo is a modern residential compound combining luxury and accessibility. It is designed to meet the needs of families and individuals seeking a comfortable lifestyle in a prime location.
Location and Accessibility
Promenade New Cairo is just five minutes from the American University in Cairo, making it ideal for students and faculty. Its proximity to Road 90 enhances the convenience for residents, as this area is known for its commercial activities, dining options, and recreational facilities.
The compound provides excellent connectivity to major districts such as Maadi, Heliopolis, and the New Administrative Capital within a 30-minute drive. This strategic location allows residents to balance work, education, and leisure effectively. Promenade is surrounded by several luxury residential complexes, further enhancing the area’s appeal.
Developer Information
Wadi Degla Developments is the driving force behind Promenade New Cairo. The developer, who is renowned for its dedication to creativity and quality, intended for this project to raise the bar for residential living.
The Promenade Compound spans 33 acres, featuring luxury amenities and green spaces. Wadi Degla focuses on creating environments that promote well-being and community interaction. Residents can expect facilities such as gyms, walking paths, and cycling tracks, ensuring an active lifestyle in a serene setting. With unit sizes starting from 225 square meters and flexible payment plans, Wadi Degla aims to cater to various housing needs and preferences.
Residential Offerings
Promenade New Cairo Compound provides an array of residential options to accommodate a diverse range of preferences and needs, all thanks to its well-designed units and luxurious amenities. Its emphasis is on comfort and sophistication.
Unit Types and Sizes
The Promenade offers several residential units, including apartments, penthouses, and duplexes.
- Apartments: These typically range from 225 square meters.
- Penthouses: More spacious options often include private terraces and expansive views.
- Duplexes: These provide multi-level living, ideal for larger families.
Each type serves various lifestyles, allowing for customization in living arrangements. The diversity in configurations ensures buyers can find a space that meets their needs.
Luxury Features
Promenade New Cairo is designed with luxury in mind, offering numerous upscale amenities.
- Modern Kitchens: Equipped with high-end appliances and finishes.
- Spacious Living Areas: Designed for comfort, with large windows for natural light.
- Private Balconies: Enhancing outdoor living experiences.
- Community Facilities: Including gyms, swimming pools, and landscaped gardens.
These features promote a lifestyle of convenience and leisure, tailored to residents’ desires for a serene and sophisticated environment.
Pricing and Sale Information
Pricing for residential units in Promenade New Cairo varies based on size and type.
- Studios and Apartments: Generally start around EGP 2 million.
- Penthouses and Duplexes: Prices can exceed EGP 5 million, reflecting their premium features and space.
Prospective buyers can benefit from flexible payment plans, including down payments starting at 10-15%. Properties are available semi-finished, allowing customization during the final finishing stages. The completion date is November 2023, making this an attractive investment opportunity in the growing New Cairo area.
Amenities and Facilities
Promenade New Cairo Compound provides a wealth of facilities and amenities aimed at improving the quality of life for its occupants. These include leisure options, security features, and expansive green spaces that cater to the varying needs of families and individuals.
Leisure and Wellness
The compound provides residents with various leisure and wellness amenities. A fully equipped gym allows daily workouts, while a luxurious spa offers relaxation and rejuvenation options. The swimming pool is a significant attraction, suitable for fitness enthusiasts and those looking to unwind. Additional facilities include a squash court for sports enthusiasts and dedicated walking tracks and cycling paths, encouraging an active lifestyle.
Security and Safety
Security is a top priority at Promenade New Cairo. Advanced security systems are installed throughout the compound, including CCTV surveillance, gated access, and round-the-clock on-site security guards. This ensures a safe living environment for all residents. Regular patrols and strict access controls further enhance safety, providing peace of mind to families and individuals alike.
Green Spaces and Recreation
Promenade is rich in green spaces and recreational areas, promoting a healthy outdoor lifestyle. Beautifully landscaped gardens are interspersed throughout the compound, providing serene spots for relaxation. Walking and cycling paths encourage residents to engage with nature while staying active. The large green spaces are also used as locations for neighborhood events and get-togethers, which strengthens the feeling of community among the locals.
Nearby Attractions and Landmarks
Promenade New Cairo Compound enjoys a prime location, surrounded by several notable attractions and landmarks. These include prominent educational institutions, diverse commercial options, and key areas that enhance the living experience.
Educational Institutions
The proximity to esteemed educational institutions is a significant advantage for families. The American University in Cairo (AUC), one of the leading universities in the region, is just a short drive away. AUC offers a wide range of programs and modern facilities, attracting both local and international students.
Additionally, the British International School and New Cairo British International School are nearby, providing quality education with various curricula. The presence of these schools supports the compound’s appeal to families seeking educational excellence for their children.
Commercial and Retail Options
Residents of Promenade New Cairo benefit from easy access to various commercial and retail centers. Road 90, known for its vibrant shops and restaurants, is conveniently located nearby. This road features a blend of local and international brands, making it a shopping destination for many.
Hyde Park New Cairo is another notable commercial area, offering a mix of entertainment, dining, and retail options. The development of Mostakbal City enhances the commercial landscape as well, catering to the needs of residents and visitors in the area.
Proximity to Key Areas
The compound is strategically positioned near major districts of Greater Cairo. Maadi and Heliopolis are within a 30-minute drive, providing additional amenities and cultural experiences. The new New Administrative Capital is also easily accessible, making it convenient for professionals working there.
Being situated near the Fifth Settlement further enhances its attractiveness, as this area is known for its upscale residential communities and modern infrastructure. With well-connected roads, residents can travel efficiently throughout the region.
Investment Potential
Promenade New Cairo Compound presents a compelling opportunity for investors due to its strategic location, reputable developer, and growing demand for modern residential spaces. Investors can benefit from favorable market trends and high customer satisfaction linked to quality living environments.
Market Trends
The rising demand for upscale housing is fueling the New Cairo real estate market’s notable expansion. Promenade New Cairo occupies a prime location near the American University and key commercial areas, enhancing its appeal to potential buyers. The compound is set on 33 acres, providing ample green spaces and amenities.
Market analysis indicates that properties in prime locations often appreciate faster. The recent launch of Promenade at prices described as under market price suggests potential for substantial returns. Investors can leverage the ongoing development in New Cairo, anticipating a surge in property values over the coming years.
Customer Satisfaction and Developer Reputation
Customer satisfaction is crucial in assessing an investment’s viability. Wadi Degla, the developer of Promenade New Cairo, is known for its commitment to quality and luxurious living. Their portfolio includes successful projects, solidifying their reputation in the market.
Promenade’s unique design and range of amenities contribute to positive customer experiences. Features such as gyms, large green areas, and designated paths for walking and cycling place this compound in high regard among residents. High satisfaction rates often translate into steady demand, a key indicator of a sound investment.
Frequently Asked Questions
This section provides detailed responses to common inquiries about Promenade New Cairo Compound. It covers amenities, pricing, availability, security measures, nearby facilities, and buyer experiences.
What amenities are available in Promenade New Cairo Compound?
Promenade New Cairo Compound offers a range of amenities designed for comfort and convenience. Residents can enjoy landscaped green areas, walking and cycling paths, and a gym. Additional facilities may include recreational zones and parking spaces catering to diverse lifestyles.
How does the pricing compare for properties for sale in Promenade New Cairo Compound and other New Cairo compounds?
Pricing for Promenade New Cairo Compound properties tends to vary based on size and specifications. Compared to other compounds in New Cairo, such as Mivida and Hyde Park, Promenade offers competitive rates, especially for similar amenities and proximity to prominent areas.
Are any properties available for rent in Promenade New Cairo Compound, and what are the typical lease terms?
There are rental properties in Promenade New Cairo Compound, with various options for potential tenants. Typical lease terms vary, but many agreements are usually set for at least one year, offering flexibility for residents.
Can you provide insights on the security measures in place at Promenade New Cairo Compound?
Security is a priority at Promenade New Cairo Compound. The complex features 24/7 security personnel, surveillance cameras, and controlled access points. These measures ensure a safe living environment for all residents.
What public facilities, such as schools or hospitals, are near Promenade New Cairo Compound?
Promenade New Cairo Compound is located near several public facilities. Notable institutions include schools and medical centers, providing residents with essential services within a short distance. This proximity enhances the quality of life for families living in the compound.
How have recent buyers reviewed their purchase experience in Promenade New Cairo Compound?
Recent buyers of properties in Promenade New Cairo Compound have generally provided positive feedback regarding their purchase experience. Many highlight the compound’s attractive design, amenities, and the sales team’s professionalism, contributing to overall satisfaction.
