EGP 1,000,000
Studio for Sale in Stone Residence - New Cairo By Rooya Group - Delivery Year 2023
If you are looking for a great deal on a studio apartment in New Cairo, Egypt, the under-market price studio in Stone Residence is definitely worth considering.
Stone Residence is a residential compound developed by Rooya Group, one of the leading real estate developers in Egypt. The compound is located in the heart of New Cairo, one of the most sought-after residential areas in the city.
The studio apartment is well-designed and compact, with a total area of 50 square meters. It features an open-plan living area, with a combined bedroom and living room space. There is also a separate kitchenette and a bathroom.
One of the key benefits of this studio apartment is that it is priced well below market value. This makes it an excellent investment opportunity for those who want to enter the New Cairo real estate market at an affordable price.
Despite its affordable price, the studio apartment still offers a range of high-end amenities and facilities. The Stone Residence compound features a range of retail and dining options, as well as a clubhouse, a gym, a swimming pool, and a children's play area. The compound is also gated and guarded 24/7, providing a secure and peaceful environment for residents.
The location of Stone Residence is another key selling point. The compound is located in the heart of New Cairo, with easy access to some of the city's top schools, universities, and shopping destinations.
In conclusion, the under-market price studio in Stone Residence is a great investment opportunity for those looking for an affordable entry point into the New Cairo real estate market. With its well-designed layout, high-end amenities, and prime location, it is the perfect choice for those who want to enjoy the best of what New Cairo has to offer without breaking the bank.
Stone Residence Stone Residence New Cairo Stone Residence is the second residential component of the "Stone" project; it is an important corner that fully completes the integration concept of the "Stone" project with a total land area of 460 Fadden. Stone Residence is a residential compound of high class buildings, occupying a prime location along the ring road within just 20 minutes from Cairo International Airport and 10 minutes away from AUC campus. Stone Residence encompasses 142 blocks, embracing 462 buildings with each building containing 8 apartments, offering flexible apartment spaces that range from 128m to 275m.
Rooya Group Rooya Group, founded in 2007 as an offshoot of TIBA for R.E. Development; founded by Engineer Hisham Shoukri in 1997, is one of the country’s fastest growing holding companies in the fields of Tourism & Real Estate Development, Investment & Contracting, as well as Consultancy; with investments of more than US$ 3 billion, a working capital worth over EGP 2 billion & a land bank of over 9 million m². Chaired by Eng. Hesham Shoukri who has over 20 years experience. Rooya Group owns 13 companies including TIBA Company, Okoplan and Rooya for Development of Real Estate and Tourism. Rooya boasts unique developments & resorts such as the astonishing La Vista 1 & 2 in El Sokhna & El Patio 1 & 2 in New Cairo. In a recent development in March of 2015, Pioneer bought 60% of Rooya and in June 2015 two funds joined Rooya namely EgyCap Investment Ltd. and Castle Property Company Ltd. Thus, the total ownership structure of Rooya is 52.2% Pioneer, 34.6% Hesham Shoukri, 8.8% EgyCap Investment Ltd. and 4.4% Castle Property Company Ltd. Rooya pioneers in providing elegance, uniqueness & innovation in its projects that include Telal EL Sokhna, an outstanding resort with an incredibly pure 6 km sea shore & consists of more than 2000 luxurious villas & chalets & two unique hotels. With over EGP 4 billion invested, this 2.5 million m² resort is only 150 kms from Cairo. Lying on a million m² area, the fully operational Telal EL Alamein consists of more than 1000 luxurious villas & chalets, enjoying a 1.5 kms beachfront with an investment of over 2 billion pounds. Consisting of over 1400 villas, a hotel & landmark office towers, Stone Park is an investment of over EGP 14 billion on a 2 million m² area on the ring-road in Kattameya, new Cairo. The remaining land bank is currently under development in the 6th of October city, Marsa Allam & the North Coast.