Description
Commercial Shop for Rent - 76 sqm
Location: Fifth Settlement, New Cairo
Finishing Type: Red Brick
License: Commercial
Offer Type: For Rent
Available Area: 76 sqm
Floor Available: Ground Floor
Price per Meter: 1100 EGP
Fifth Settlement: One of the Most Important Developments in New Cairo
The Fifth Settlement is considered one of the most prominent and important residential areas within New Cairo. It encompasses several distinguished neighborhoods, including the Five Neighborhoods, Al-Narges, West Golf, Shuweifat, Diplomats, Lotus, and Violet Neighborhoods. The Fifth Settlement is characterized by its vast green spaces and stunning landscapes, covering an estimated area of 43,000 acres, while the remaining space is utilized for constructing residential units that cater to all economic levels: medium and luxurious.
The area features significant main streets, such as the Northern and Southern Teseen Streets, which serve as the arterial roads within the Fifth Settlement and throughout New Cairo. These streets stretch along the central axis that hosts financial and administrative centers, as well as commercial activities that serve the city.
The Fifth Settlement is one of the fastest-growing areas in Egypt, with a diverse range of residential units, including villas, distinguished compounds, and palaces featuring various architectural designs that blend Western, Eastern, and European styles.
Additionally, the Fifth Settlement is noted for its distinctive planning compared to other neighborhoods in New Cairo and Greater Cairo. It offers tranquility and lower population density, along with a wide array of diverse services (educational, medical, malls, commercial centers, private companies, and government institutions).
Recently, the demand for apartments for sale in the Fifth Settlement has increased due to many people's desire to live and invest in this area, owing to the variety of services offered and the presence of upscale neighborhoods at the highest level.