Properties for sale in Third Quarter

Apartment 3 Bedrooms for Sale in Third Quarter - New Cairo

3    4
Reference: GB133488
EGP 4,250,000
Category:
Apartments / Sale
Price:
EGP 4,250,000 Cash
Price / Sqm:
EGP 17,000 Per Sqm
Finishing Status:
Super Lux
Area:
250 M2
Floor No.:
3
No of Floors:
Bedrooms:
3
Bathrooms:
4
Allowable height:
Last Updated:
Wed 5 Apr 2023

# The Remarkable Rise of the Third Quarter in New Cairo, Egypt

## Introduction

The Third Quarter is an emerging residential and commercial hotspot in New Cairo, a satellite city located 30 kilometers southeast of Cairo, Egypt. Established in the early 2000s, New Cairo was conceived to alleviate the congestion and urban sprawl of Cairo, while providing better infrastructure, living conditions, and employment opportunities for its residents. The Third Quarter, in particular, has experienced significant growth in recent years, attracting both local and international investors and homeowners.

## The Vision Behind the Third Quarter

The Third Quarter in New Cairo is part of Egypt's ambitious plan to create sustainable, modern urban spaces that can accommodate the country's growing population. This area has been meticulously planned, with a focus on creating a balance between residential, commercial, and recreational spaces. The Third Quarter offers a mix of luxurious villas, modern apartment complexes, and gated communities, catering to various budgets and lifestyle preferences.

## Infrastructure and Amenities

The Third Quarter boasts an impressive array of infrastructure and amenities, making it an attractive destination for both residents and businesses. The area is well-connected, with easy access to major roads and public transportation. The Cairo International Airport is only a short drive away, making travel convenient for residents and visitors alike.

Residents of the Third Quarter enjoy a wide range of amenities, including shopping centers, supermarkets, international schools, hospitals, and recreational facilities. The area also offers a variety of dining options, from cafes and fast-food chains to upscale restaurants, catering to different tastes and preferences.

## Green Spaces and Sustainability

One of the key features of the Third Quarter is its focus on green spaces and sustainability. The area has been designed with an emphasis on preserving the environment while promoting a healthy, eco-friendly lifestyle. Parks, gardens, and landscaped areas are scattered throughout the Third Quarter, providing residents with ample opportunities for outdoor activities and relaxation.

The architecture of the buildings in the Third Quarter is also designed with energy efficiency and sustainability in mind. Solar panels, green roofs, and innovative water management systems are just some of the features that contribute to the area's eco-friendly credentials.

## Investment Opportunities

The Third Quarter's rapid growth has created numerous investment opportunities. Real estate prices in the area have been steadily increasing, making it an attractive option for investors looking for long-term capital appreciation. Additionally, the Egyptian government has been actively promoting investment in the area through various incentives and tax breaks.

The demand for commercial spaces, such as offices and retail outlets, is also on the rise, as more businesses are attracted to the area's modern infrastructure and strategic location. This trend is expected to continue, providing further opportunities for investors looking to capitalize on the Third Quarter's growth.

## Conclusion

The Third Quarter in New Cairo is a testament to Egypt's commitment to creating modern, sustainable urban spaces that cater to the diverse needs of its growing population. With its strategic location, state-of-the-art infrastructure, and focus on sustainability, the Third Quarter is well-positioned to become one of Egypt's most sought-after destinations for residents and investors alike. As the area continues to develop, it is expected to play a key role in shaping the future of urban living in Egypt.