Overview of Terrace Smouha Compound
Terrace Smouha Compound is a prestigious residential development located in Alexandria, Egypt. It is designed to offer luxury living surrounded by green spaces, emphasizing comfort and accessibility. This compound stands out for its architectural design, extensive amenities, and the reputation of its developer, Solik Real Estate Development Company.
Location and Accessibility
Terrace Smouha is strategically situated directly behind Smouha Club, making it a prime location for residents. It lies within walking distance of popular establishments, including restaurants and shopping centers. The compound is adjacent to key city areas, providing seamless access to public transport and major roadways.
Residents benefit from nearby recreational options, such as sports clubs and parks. This ensures not only accessibility but also an active lifestyle. The combination of location and infrastructure adds significant value to living in Terrace Smouha.
Architectural Design and Amenities
The architectural style of Terrace Smouha combines modern aesthetics with functionality. The compound features 23 well-planned buildings. Each structure contributes to a cohesive visual experience while offering diverse living options.
Amenities within the compound include lush green spaces, swimming pools, and fitness centers. The environment promotes relaxation and well-being. Moreover, 24-hour maintenance, security services, and private garages enhance residents’ quality of life, making it a sought-after choice.
Real Estate Development by Solik Company
Solid Real Estate Development Company is renowned for its commitment to quality and customer satisfaction. Terrace Smouha reflects this dedication, showcasing the firm’s expertise in luxury real estate.
The company focuses on creating residential spaces that meet modern lifestyle needs. Incorporating advanced construction techniques and sustainable practices ensures durable and visually appealing properties. This ensures that Terrace Smouha Compound meets and exceeds expectations for luxury living in Alexandria.
Residential Units Details
Terrace Smouha Compound offers a variety of residential units, including apartments and luxurious buildings designed to meet different living standards. The available specifications, pricing, and payment systems cater to a broad audience, ensuring potential buyers find suitable options.
Apartment Specifications
The compound features a diverse selection of apartments, typically 2 to 4 bedrooms. Units vary in size, with areas starting from 118 square meters. Each condo includes essential amenities such as a living room and three bathrooms, providing ample space for comfortable living. The luxurious buildings are designed to offer modern finishes and an appealing aesthetic, ensuring a high-quality living experience. Residents benefit from picturesque views of the surrounding area, including the nearby Smouha Club.
Pricing and Value
Pricing for units in Terrace Smouha varies based on size and specifications. For instance, a 4-bedroom apartment can be priced at approximately 6,900,000 EGP. This price point reflects the luxury and location quality of the compound. Potential buyers can compare the units based on price and area. The investment in such properties aims to offer both luxury and long-term value, making it an appealing choice for families and individuals seeking upscale living environments.
Payment Systems and Installments
Terrace Smouha Compound provides flexible payment systems to accommodate various buyer needs. A 5% down payment is required for the initial purchase, allowing buyers to secure their unit with a manageable entry cost. A 25% down payment option is also available for those wishing to invest more upfront. The installment periods vary, enabling clients to spread their payments comfortably over several years. This flexibility makes it feasible for many potential buyers to invest in these luxurious units without financial strain.
Facilities and Services
Terrace Smouha Compound offers many facilities and services that cater to the needs of its residents. This community prioritizes a fulfilling lifestyle, from shopping and dining options to health and fitness centers. Additionally, education and healthcare services are designed to provide convenience and accessibility for families.
Shopping and Dining
Residents of Terrace Smouha Compound benefit from various shopping and dining options close by. The compound includes a well-planned shopping area featuring supermarkets, boutique stores, and local shops.
Notable Restaurants and Cafes
- Cafés: Several cafés provide a perfect spot for casual meetings or relaxation.
- Restaurants: Diverse dining options range from traditional Egyptian cuisine to international flavors.
This culinary landscape enhances community life and supports local businesses.
Health and Fitness Centers
Health and fitness are essential components of the lifestyle at Terrace Smouha. The compound features dedicated gym facilities with modern workout machines and group classes.
Available Health Services
- Clinics: On-site medical clinics cater to routine healthcare needs.
- Pharmacies: Pharmacies are readily accessible for convenient medication and health product purchases.
- Health Centers: Comprehensive health centers provide more specialized care, ensuring residents can access preventative and urgent medical services.
Education and Healthcare
Education options within and surrounding the compound ensure families can access quality schooling. Numerous schools offer curriculums that cater to various educational needs.
Educational Institutions
- Schools: Multiple international and national institutions are located nearby, making it easy for parents to choose the best fit for their children.
- Universities: Higher education institutions can be reached within a short commute, supporting residents pursuing further studies.
Healthcare facilities, including hospitals near the compound, provide residents essential services. By integrating shopping, dining, health, and education, Terrace Smouha Compound creates a balanced environment for its community.
Community Living
The design of Terrace Smouha Compound fosters a vibrant community atmosphere. With numerous amenities, residents can enjoy social interactions while ensuring their safety and comfort.
Social and Recreational Spaces
Terrace Smouha offers various social and recreational spaces that enhance community living. A well-equipped social club serves as a gathering point for residents, hosting events and activities throughout the year.
Additionally, the compound features sports fields catering to different athletic interests. Residents may engage in activities such as football, volleyball, or basketball, promoting a healthy lifestyle.
Family-friendly areas include parks and children’s playgrounds, allowing residents to bond over shared interests.
Other communal spaces are designed to promote interaction, making it easier for residents to connect and build friendships within the community.
Security and Maintenance
Security is a top priority at Terrace Smouha. Surveillance cameras are strategically placed throughout the compound, ensuring constant monitoring for the safety of all residents.
Security personnel are available 24/7, providing a responsive and vigilant security presence. Their training equips them to handle different situations effectively, giving residents peace of mind.
In terms of maintenance, the compound adheres to high standards. A dedicated maintenance team addresses any issues promptly, ensuring all facilities remain in good condition.
Regular cleaning services are also implemented, maintaining cleanliness in communal spaces and enhancing the overall living experience. This organized approach to safety and upkeep cultivates a welcoming and secure environment for everyone.
Investment Opportunities
Investing in the Terrace Smouha Compound presents diverse prospects for potential buyers. The combination of its strategic location, range of exceptional units, and favorable market conditions enhances its appeal.
Current Market Trends
The real estate market in Alexandria is experiencing a notable uptick. Terrace Smouha, with its positioning behind Smouha Club, is attracting local and foreign investors. The demand for luxurious living spaces continues to rise, making it a prime target for investment.
Recent studies indicate that average property values in the area have increased by approximately 10-15% annually. This trend suggests strong appreciation potential for investors. Additionally, the availability of modern amenities adds to the compound’s allure, aligning with the growing preference for high-quality residential offerings.
For Sale Offers
Currently, the Terrace Smouha Compound offers a variety of units, ranging from luxurious apartments to spacious duplexes and penthouses.
- Units: Apartments start at around 118 square meters.
- Prices: The price for a standard apartment can vary significantly based on size and location within the compound.
- Special Features: Many of these properties feature upscale finishes and contemporary designs, catering to discerning buyers.
Prospective investors can explore multiple financing options, including mortgages that may provide favorable terms for acquiring property in this sought-after location.
Future Prospects
The outlook for investment in Terrace Smouha is promising. Ongoing developments in Alexandria and increased infrastructure investment will likely enhance the area’s appeal. Proximity to the Smouha Sports Club and other recreational facilities positions the compound favorably within the market.
Moreover, with the government’s push to improve urban living conditions, the real estate sector is expected to benefit significantly. Investing now could lead to greater value appreciation in the coming years as demand continues to rise.
Frequently Asked Questions(FAQs):
What are the current rental rates for properties in Terrace Smouha Compound?
Rental rates in Terrace Smouha Compound vary based on the type of property and its specifications. Prices generally start at competitive market rates and fluctuate depending on size and location within the compound.
How do residents review their living experience in Terrace Smouha Compound?
Residents of Terrace Smouha typically report a positive living experience. Many appreciate the modern design, community atmosphere, and proximity to essential amenities, contributing to a desirable lifestyle in Alexandria.
What is the price range for units in Terrace Smouha Compound?
The price range for units in Terrace Smouha Compound varies widely. Apartments may start around EGP 5,000,000, while larger units like villas and townhouses can reach upwards of EGP 20,000,000, reflecting the luxury nature of the compound.
Are there any properties for sale in Terrace Smouha Compound, and how can one inquire about them?
Yes, there are properties available for sale in Terrace Smouha Compound. Interested buyers can inquire through real estate agencies or online platforms specializing in Alexandria’s real estate market.
What amenities and facilities are available to residents of Terrace Smouha Compound?
Terrace Smouha Compound offers various amenities, including recreational facilities, green spaces, and nearby shopping and dining options. These features improve the quality of life and promote community engagement.
Can non-residents access the amenities in Terrace Smouha Compound, or are they exclusively for residents?
Amenities in Terrace Smouha Compound are primarily designed for residents. Non-residents usually do not have access, but they maintain a sense of exclusivity and privacy within the community.
