EGP 5,200,000

3 Bedrooms
2 Bathrooms
1,399 sqft / 130 sqm
APARTMENT FOR SALE IN STREET 23, DISTRICT 4

Second row from main street private garden interne

Prime Basement Apartment for Administrative Use in Fifth Settlement
A distinctive basement apartment is available, ideal for administrative purposes, located directly behind the Old New Cairo Authority building in the heart of the Fifth Settlement. It boasts a strategic location directly in front of Misr Language Schools and just steps away from 90th Street and major services. The property's location offers easy access from various main axes, making it an excellent opportunity for administrative investment.

Property Details:
Land Area: 250 square meters.
Building Area: 130 square meters.
Layout: Consists of a basement floor only, specifically designated for administrative use.
Interior Layout:
Rooms: 3 rooms.
Bathrooms: 2 bathrooms.
The room distribution is suitable for a professional administrative layout, with the possibility of designating a main office and a meeting room.
Features & Finish:
The apartment is unfurnished.
Equipped with a comprehensive internal network infrastructure covering all rooms and corridors.
Finishing: High-end finish.
Design: The interior design features a modern, practical character suitable for an administrative work environment.
Ceilings: Prepared for either central air conditioning or split units as needed.
Legal Status & Availability:
Administrative Licensing: Administrative licensing procedures are currently being finalized.
Delivery: The property is ready for immediate handover upon completion of permits.
Usufruct Area:
The apartment includes an external usufruct area of 120 square meters. This space can be utilized as a parking area or an open display area, depending on the nature of the business.
Price:
Asking Price: 5,200,000 EGP. This price is competitive given the location and the additional usable area. The property represents a strong opportunity for those looking to establish an administrative headquarters in a vital area of the Fifth Settlement.
About Fifth Settlement (Tagamoa El Khamis):

Property details

Property Type

Apartment

Property Size

1,399 sqft / 130 sqm

Bedrooms

3

Bathrooms

2

Available from

24 Jun 2025


Amenities

Balcony

Private Garden

Covered Parking


Location

Map preview
New Cairo City
Community Insights

Price Range:

300K-1B EGP

Price Insights

This property costs 43% less than the average price of 3 bedroom in Cairo

Average Sale Price is 9,110,635 EGP

This property is 26% smaller than the average size of 3 bedroom in Cairo

Average size is 175 sqm

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Cairo

Provided by

Ahmed Ashraf


Regulatory information
Regulatory information

Reference

AA-24

Listed

17 hours ago

Payment method

Cash