Lake View Residence New Cairo by El Hazek

Project Name: Lake View Residence.

About the Project: One of the best modern residential projects in New Cairo, it occupies a special location close to all services and main roads, and it is unique in its magnificent architectural designs.

Lake View Residence Location: The Golden Square, Fifth Settlement

Lake View Residence New Cairo Space: 300 acres.

The Developer Name: El Hazek Construction.

Units Type: Villas – Twin houses – Townhouses.

Units Space: ranges between 142 square meters and 272 square meters.

Payment Systems: There are flexible payment systems in order to suit everyone, with down payments ranging between 5% and 15% and with installments period over 5 to 7 years.

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Lake View Residence 5th Settlement New Cairo

It is the most beautiful spot in New Cairo and has become very popular thanks to its calmness and stunning designs. Lake View Fifth Gathering is the place that achieves the difficult equation that many are looking for, as it is close to Greater Cairo and its ancient neighborhoods to reach your work and relatives in a few minutes, and at the same time, it is away from pollution, noise, and traffic, to live the life of luxury and relaxation that everyone deserves.

Lake View Residence El Hazek Location

If you want to live in an ideal location, you'll find no better than the location of this compound. It is built in the heart of the Golden Square, the most important area in the Fifth Settlement that features all kinds of services throughout the day. The site features the following:

• It is close to other important residential projects such as Palm Hills Compound, Emaar Real Estate's Mividia Project, as well as the famous SODIC Compound.

• Lake View Residence is just two minutes away from Al-Nawadi Street.
• It is just steps from the most important street of New Cairo, the southern Teseen St.
• The American University is a few minutes from the Compound.
• Just 15 minutes from Cairo International Airport.

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Available Spaces

With an estimated 300 acres of space, the compound contains 600 luxury villas that account for about 25% of the total project land. The remaining space has been allocated for green spaces, stunning landscapes, and pure crystal lagoons.

Lake View Residences has five phases, each phase has a little over 100 villas. There’s also a hotel and Dusit Thani resort, which adds a touch of luxury.

In addition to the former luxury villas, there are about 118 residential buildings, each consisting of a ground floor and three upper lofts.

Residential units have been introduced in a variety of sizes starting from about 142 square meters and up to about 272 square meters.

Lakeview has a variety of units including penthouse units, ground floor apartments with a garden, and luxury villas.

In addition to apartments, which are available in a variety of spaces and with beautiful designs.

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Lake View Compound Design

Lake View Egypt features modern and elegant designs, brought to you by the Greek ISV Architects company, which is famous in the fields of interior decorations and architectural consultancy.

The designs at Lakeview New Cairo are very modern and are meant to give the compound a resort-like feel, making it very relaxing and luxurious. It is a place of well-being and recreation, rather than just another place to live.

All units are designed to have the best views of artificial lakes and stunning landscapes. The buildings have ultra-modern glass facades to allow the maximum amount of natural daylight to enter the building, as well as provide the best visibility of the landscape.

Services and Benefits

Lake View Residents can enjoy many services that will make them feel comfortable and relaxed, such as:

• Landscape and stunning scenery are among the most important features of Lake View, occupying nearly 70% of the project space and providing a soothing atmosphere to the compound.
• A range of swimming pools is designed and distributed throughout the compound, providing entertainment for adults and young people.
• There are a number of sports stadiums, especially football, squash, and tennis stadiums.
• It has a health club equipped with state-of-the-art sports equipment.
• A large mall to accommodate all your shopping needs.
• There are branches of large companies and banks.
• Delicious cuisine and beverages are available at luxury cafés and restaurants.
• High-speed Internet services are available.
• All units are equipped with high-quality air conditioners.
• A secure parking garage has been allocated.
• Security and guard services operate throughout the day to secure all units.
• Modern surveillance cameras operate everywhere in the compound

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Prices and Payment Systems

Lakeview rates are very reasonable and not overpriced, keeping in mind the services and amenities the customer receives.

Payment systems are also very convenient to facilitate the buying process and reduce the financial burden on the customer. The systems are flexible, as you can choose whatever suits you from below:

• A down payment of 10% of the total unit price in two equal payments of 5%, and the remaining amount is paid in equal installments for five years.
• A down payment of 15% of the unit price is paid, in two installments, the first payment of 5% is paid at the time of the contract, and the second payment is 10% collected three months after the first payment. The remaining amount is paid in equal installments for six years.
• A down payment of 30% of the total unit price is paid in three equal payments (10% each), and the rest is paid in equal installments for seven years.

All units are delivered within four years of contracting.

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Owner Company Portfolio

Lake View is owned by El Hazek Construction, a major Egyptian construction company with great experience in real estate, construction, and development. The company was founded in 1979, and during its many years has presented a large number of successful projects in Egypt and the Arab Gulf.

The company's work varies between infrastructure, residential towers, residential blocks, and large compounds, as well as industrial, commercial, and tourism projects.

These include the Baron Tower, Al-Jawhara Tower, New Giza buildings, The Lake View Project, Maadi Sports, and Yacht Club, Sheraton Sharm Hotel, Downtown Katameya Mall, Ritaj Hotel, Al-Shams Sports Club.

Marketing the project is the responsibility of Murabahat Real Estate Solutions, which has a lot of tools to put its projects on top.

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Murabahat is a well-known real estate marketing and sales company with a good reputation and has many branches in Egypt, the United Arab Emirates, Bosnia, Turkey, and Saudi Arabia.

One of its most important projects is a collection of hotel suites in Hajar Tower in Saudi Arabia, which is part of Abraj Al-Bait Towers.

Other projects include Design Residence in Turkey, Aquamarine Resort in Kuwait, as well as a number of hotel suites at the Sultan Suites project in Turkey.

Finally, there’s Lake View Project, which is considered one of the most important residential communities in the Fifth Settlement with its unique strategic location, competitive services, and unbeatable prices.

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Note that the prices and spaces mentioned herein are for the first half of 2020, and therefore it is subject to change. Our team at Real Estate Egypt is keen to update the spaces, unit types, and prices constantly to keep the customer informed of the real estate market changes.