In 2012, the first phase of one of the most important areas in Egypt was launched: Bait ElWatin (New Cairo), mainly designed as an investment and residential area for Egyptian expatriates, but it is generally available to all Egyptians.
It is called the “Golden Square” because it is surrounded by the most luxurious and largest residential complexes. In this article, you will learn everything about it, including its location, layout, advantages, disadvantages, and whether investing in it is guaranteed and profitable.
(Location)
Bait ElWatin is located in the eastern extension of Greater Cairo and has more than one entrance:
In the north: El-Shorouk City, Al-Rehab City, and the Cairo-Suez Road, which is one of the most important roads in Egypt due to its width and connection between all the cities in eastern Cairo.
In the south: the Southern 90th Street and the Mohamed Bin Zayed Axis, which is one of the most important axes that connects New Cairo and the Administrative Capital.
In the east: The Middle Ring Road, which connects New Cairo, the Administrative Capital, Future City, Madinaty, El-Shorouk, and Al-Obour, in addition to the New Administrative Capital.
As a result, Bait ElWatin benefits from its services and has a significant position as the new entrance to New Cairo.
In the west: The Lotus area, the Northern 90th Street, and the Clubs area.
Additionally, it is only 30 minutes away from Cairo International Airport, which is an important point for you if you travel outside Egypt frequently.
(The area and interior layout of Beit Al Watan)
It is located on an area of 5500 acres and contains more than 16,000 residential units. The area is divided into 50% for construction and 50% for green spaces, ensuring peace, privacy, and clean air, and the building regulations make the residential projects similar to villas.
They consist of a ground floor with a private garden and three repeated floors, meaning that the number of apartments is small, the space between residential units is wide, and there is no population density or traffic congestion.
The area consists of 8 neighborhoods separated by a large service area called “View Zone.” The first area includes individual neighborhoods (1st, 3rd, 5th, 7th), and the second area includes paired neighborhoods (2nd, 4th, 6th, 8th).
“View Zone” is a green space that includes service and recreational areas, schools, clubs, and commercial complexes. Beit Al Watan is planned professionally, with each neighborhood overlooking the “View Zone,” providing easy access to all its services.
Beit Al Watan extends to include two additional areas: South Suez (Supplementary) and the North House, which is located in the first neighborhood.
Its drawbacks are:
It is unsuitable for immediate housing because most of the area is still under construction, but it is very suitable for investment.
It has rocky areas and low-lying areas, and you need to know exactly what type of area you are buying in. If it’s rocky, the problem is that it will take a long time to dig because the soil needs to be prepared for housing. If it’s low-lying, the problem is water accumulation, which may make it difficult to drain, so you need to make sure that the area allows water to flow quickly.
Its advantages are:
1- Due to its strategic location, it is easy to reach and from it, ensuring that you will not get lost or waste time on the road.
2-The infrastructure and facilities are of the highest quality, with an 80% completion rate, including:
A completely new electricity network.
A large rainwater drainage network.
Fiber-optic cables for the internet and landline phones.
A complete and integrated transportation network, the most prominent of which is the monorail train that includes 22 stations, starting from the Stadium Station in the heart of Nasr City to the Administrative Capital.
3- It is a highly vibrant area because it overlooks the club’s area, including Al-Ahly Club, Police Club, Al-Jazeera Club, Hunting Club, Wadi Degla Club, Platinum Club, Banque Misr Club, and Royal Sporting Club.
4- It is distinguished by its educational services because it is close to Egyptian and international schools and universities, such as Al Yaser School, Green Heights School, Canadian School, French School, German School, Egyptian Language School, American University, German University, Canadian University, Police Academy, Future University, and British University.
5- There are many commercial malls such as Cairo Festival, Point 90, Park Mall, Galleria Mall, and Spot Mall.
Is investing in the Beit Al Watan area guaranteed and profitable?
The strategic location and advantages, in addition to being a government direction, all prove that the return on investment is guaranteed. This is further confirmed by the history of the area, as in 2012 the price per square meter was between 4,000 to 4,500 EGP, and at that time there was a high demand for the area.
In early 2018, due to the development of the city and the infrastructure, the price per square meter increased by 25%. In 2022, the price per square meter increased by another 25%. Therefore, if you invest your money in Beit Al Watan, you will preserve its value and increase it without being affected by inflation.
There is a rule of safety in investment that says “Don’t be the first or the last.” At the beginning, there is a risk percentage, and at the end, many people have already invested, so they may miss a good investment opportunity and not earn a high return.
The best stage is always the middle stage, and fortunately, Beit Al Watan is in that stage now. Some people have already bought in 2012, took a risk, and made a profit. If you want to take advantage of this suitable period and invest your money and learn more details about Beit Al Watan, please leave us your information and we will be with you step by step.