Apartments for sale in Lake View Residence

From 2,200,000 EGP
Status Completed
Delivery Date 2022
Developed by: El Hazek

Properties for sale

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Apartments for sale in Lake View Residence

Buying apartments for sale in Lake View Residence is one of the dreams that many customers and investors have due to the compound’s location in the best and most prestigious places in the Fifth Settlement, in addition to the advantages of the Lake View Compound, which make it sit on the throne of luxury residential complexes, most notably the varying spaces, competitive prices, comprehensive services, luxurious modern designs, and other features that make housing there an irreplaceable opportunity.

Project Location

The Architects Company is well aware that choosing a prestigious and lively location is one of the most important factors that help in the success of residential projects and attract more customers to them, therefore, the company was keen to select the best areas in the Fifth Settlement to establish Lake View Compound, and the importance of the location is in the following points:

  • The compound is located in the golden square area in the Fifth Settlement, which is one of the most vital areas in New Cairo.
  • Several famous residential compounds are located in its vicinities, such as Mivida Emaar Compound, Palm Hills Katameya, Sodic, and Layan Compound.
  • It overlooks Teseen Street, only two minutes from Al-Nawadi Street.
  • The distance between the compound and Cairo International Airport is estimated at a quarter of an hour, not more.
  • It is separated from the American University by a small distance that does not exceed a few minutes.
  • It is not far from international schools and private universities, which are among the most important services that residents are looking for.

Lake View Residence Fifth Settlement Space

The owner was keen to establish a Lake View Compound on an abundant space that is sufficient to provide landscapes, gardens, and green spaces, in addition to water bodies that give a sense of comfort, calm, and joy.

We find that the total space of the project is estimated at 77 acres, which is equivalent to approximately 40 thousand square meters, a large part of it, which is estimated at 73%, was used for green spaces and service facilities, while only 22% of the total space was used for the implementation of residential buildings and construction.

Project Units Spaces

The Compound contains 118 residential buildings, each building consists of a ground floor in addition to three repeated upper floors.

The residential units are also diverse in terms of styles, including (apartments for sale in Lake View Residence, ground floor units with a private garden attached, in addition to high-end penthouse units).

The spaces of the units vary, allowing each customer to choose the appropriate one that matches his purchasing capabilities, as the spaces generally range from 142 square meters as a minimum and up to 272 square meters at the most.

Project Services

Among the most prominent features of the compound is also the availability of full services that bring residents more relaxation and stability, most notably the following:

  • All residential units have a splendid view of the green spaces and artificial lakes, thanks to the high-end design and the selection of ultra-modern glass for balconies that achieve a stunning view.
  • A large number of swimming pools vary in design and size to suit all residents of different ages.
  • Artificial lakes with turquoise waters are widely spread throughout the compound to strike a kind of visual balance between green and blue colors.
  • Club House has been designed and equipped to a high standard of quality and efficiency.
  • Several different sports fields make it possible for residents to play various sports, such as a squash court, and a tennis court.
  • A health club that is well-equipped, taking care to provide all the necessary modern equipment and tools.
  • A free high-speed WiFi network is available inside the compound.
  • All units are equipped with air conditioners.
  • A large mosque was built to hold prayers and religious rites.
  • A social club with a large space for family gatherings and spending quality time with friends.
  • A comprehensive commercial area that allows for an enjoyable shopping experience.
  • Fully secured garages to maintain the safety of residents' cars.
  • A huge commercial mall, which includes several shops selling various products, a group of high-end restaurants and cafes, in addition to the branches of some major companies and banks.
  • Several wide tracks suitable for jogging, running, and cycling have been paved.
  • Recreational areas for children include a large number of fun games.
  • Allocated places for parties and fun times.
  • An ambulance unit inside the compound to provide the necessary care for emergency cases.
  • High-level guarding services, as well as distributing security personnel everywhere, installing modern 24-hour surveillance cameras to monitor all events and facts within and around the project.

Lake View Residence El Hazek Prices

The prices of the residential units within the compound are suitable for different groups and are not competitive if they are compared to the prices of the units in other residential projects in the same area, and the price is not compared to the available services and various advantages.

Where customers can own apartments for sale in Lake View Residence at an excellent price and get the best price per square meter.

Payment Systems

The developer company was not only satisfied with providing affordable housing units, but it also provided unparalleled facilities and easy payment systems to customers so that they would not bear financial burdens when paying for the unit, the payment systems are as follows:

  • The first payment system is to pay a downpayment of only 10% of the total price in two installments, then the rest of the amount is paid in equal monthly installments over 5 years.
  • The second system is paying 15% of the total price as a downpayment, in two installments, the first is 5% and the second after three months is 10%, provided that the customer pays the rest in monthly installments of a fixed value for 6 years.
  • The third and final payment system is to pay a reservation and contract downpayment of 30% of the total unit price in three installments, then pay the rest in installments for seven years.
  • The owner company promised its clients to hand over all apartments for sale in Lake View Residence within four years from the date of signing the contract.

The Owner Company and Previous Works

The Architects Company is the real estate developer of the compound, and it is one of the companies that have extensive experience and a good reputation in the field of marketing and real estate investment in Egypt. It was established in 2012, and a few months ago it announced the third phase of Lake View Residence Compound Project after the success of the two phases, and it has implemented several mega projects in Egypt and the Middle East.

 

Amenities

  • Security
  • Playgrounds
  • Swimming pools
  • Shopping center
  • Commercial area
  • Mosque
  • Social Club
  • Health club and Spa

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