Land for sale in Al Jizah, Giza, Egypt

£2,598,124
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Land for sale

Property features

  • Provides rental income
  • Garden
  • Swimming Pool
  • Parking

Property description

Land Documentation:
- Fully documented with a contract from the Ministry of Agriculture.
Land Overview:
- 58-acre parcel with significant development potential.
- Location: Cairo-Alexandria Road, km 64, Exit 6, Tourist Villages Road.
- Proximity: Only 4 km from the main Cairo-Alexandria Desert Road.
- 22-minute.
drive from Sphinx International Airport.
Current Features:
- One Private villa with a garden and swimming pool.
- Olive and fruit fields.
- Additional facilities: Guard rooms, workers quarters, and livestock sheds.
Infrastructure:
- Public electricity, 100 kva transformer, backup generator (100 kva).
- 3 water wells.
Ownership and Documentation:
- Ministry of Agriculture contract.
- Possession card and electricity contract.
- Located just outside the city limits of Sphinx. So full freedom of action.
Development Potential:
- Buildable area: 56 fedan, 22 carats, and 13 shares.
- 650 meters of frontage on the asphalt road.
- Initial construction on 7% with no legal requirement. "A villa designed with two
stories, a loft on top, and a private pool would provide an ideal retreat just outside
the city limits—an oasis of extreme serenity for those seeking a tranquil escape".
- Ability to extend the building ratio to 14% through a legal process.

Potential Future Vision: 100 Desert Style Reef Villas Project
Development Potential:
- Can build 7% without regulations permissions or 14% with permission.
- If 7%: A villa designed with two stories, a loft on top, and a private pool would provide an ideal retreat just outside the city limits—an oasis of extreme serenity for those seeking a tranquil escape.
Feasibility study:
- Estimated Building Cost: $4.0 million ($40K⁄Villa)
- Total Investment: $7.25 million
- Estimated Selling Price: $300k⁄Villa
- Projected Return: $30 million
- Profit: $22.75 million
Location Insights: Nearby Similar Projects of developments: Afoq, Kafraway, Suliminea, Byoot Bay Resort & Hotel.

Property info

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Magnolia Property, and do not constitute property particulars. Please contact Magnolia Property for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.