Types of real estate units in the Egyptian market

Whether you are thinking about buying your own home or investing in the real estate sector, you will definitely need to know the types of real estate and the basic differences between the real estate units available in the Egyptian real estate market. In this article we will simply introduce you to the types of real estate and the most famous types of real estate units available in Egypt. Best neighborhoods in Cairo

Before making any decision, you should research in depth and find out as much information as possible that can help you. The real estate market is expanding to include many activities and areas and our mission is to facilitate your journey in searching for the right property for you in case you are a buyer, investor or looking for a start to work in the real estate field.

What is the definition of the term real estate

Initially we must define the term real estate to comprehensively understand the topic. Real estate is a word or concept that is intended to refer to a specific piece of land with all its infrastructure or above-ground buildings as well as the airspace occupied by this piece of land. As for the term real estate investment, it means any activity in the field of real estate, whether selling or buying, and its main goal is material profit. In a previous article, we explained the idea of real estate investment in more detail, you can read this article and find out the difference between real estate investment and real estate development

What types of real estate can be purchased or invested in

The properties have a basic division, which can be displayed as follows:

Residential real estate: it is considered one of the most important types of real estate that everyone seeks to own. Residential real estate is represented by apartments, apartment buildings, duplexes, as well as coastal houses. Residential real estate varies and develops according to the needs of each community and the changes that occur to it. Residential real estate currently comes in the form of different types of buildings, which we will discuss later.

Commercial real estate: commercial real estate is one of the most popular types of real estate investments where you can buy the unit and then rent it as a commercial store or administrative office. This list also includes commercial malls and administrative buildings. Residential complexes can also be considered commercial real estate because they are used for investment and profit.

Industrial real estate: industrial real estate includes all land and buildings intended for manufacturing and production, in addition to warehouses and buildings used for shipping and distribution. One of the most current real estate development projects specialized in industry is tarbol Industrial City.

Plots of land: as for land, it consists of all plots of land, whether they are empty, uninhabited, but privately or publicly owned, or whether they are in the form of farms. All lands on which there are buildings under construction join the list of real estate.

After setting this set of definitions, our goal in this article will be to provide you with an introduction to the most attractive residential real estate units available in the Egyptian real estate market. Knowing the different types of real estate helps you determine what suits your needs and choose your home successfully. The Variety also helps you understand the nature of each property. And if you work in real estate consulting, it will make it easier for you to deal with clients and offer what suits each person individually, which will help you conclude more sales deals and achieve the desired profits.

What are the most popular types of real estate units available in the Egyptian market

Below we will review with you the most famous real estate units:

First, what is the difference between apartments and villas

The main difference between an apartment and a villa lies in the area, the number of rooms, as well as the range of services and luxuries that are available in the villas. The apartment can accommodate a smaller or limited number of rooms and is usually located in towers and residential buildings, while the villas are self-contained and their main area is large and reaches luxurious spaces. The level of privacy is sweeter in the villas because they are self-contained and each villa always has a garden attached to it and other features such as swimming pools are possible.

The features of apartments and villas vary according to the preferences and needs of each person in addition to the material ability. Of course, the larger the area of the property and the surrounding and accompanying services, the higher the price of the unit or property. It is possible that the material factor plays a big part in determining which property is right for you. If you have the financial means and are trying to choose between buying an apartment or a villa, we will try to show you the most important distinctive differences offered by each of the types of villas and apartments.

Apartments in repeated floors: these units are characterized as apartments consisting of a fixed number of rooms, which are located in buildings in the form of multiple or repeated floors. The division of apartment spaces in these buildings is similar and there are more than one apartment per floor. Apartments are the most common units in major and major cities and are accepted by single families.

Residential apartments

Ground floor apartments with a garden: this type of apartment is one of the most beloved types due to the apartment having a private ground garden. The apartment is on the ground floor and includes a small space in the form of a garden. But it is an advantage if your financial budget is specific and you want to own an apartment with a garden. This type of unit is suitable for families with pets, as well as families where there are elderly people, so it is a great advantage that it is on the ground floor.

Duplex: duplex units are simply residential apartments, but they are two floors connected by an internal staircase. These units are characterized by taking the form of villas from the inside because they consist of two floors, but the area remains smaller than the villas. It is possible that duplex apartments can be located inside residential buildings and not on condition that they are independent. It is possible to have an annex with a private garden Duplex, which gives the impression that you own your own villa.

Triplex: exactly like duplex units, triplex units come on the same body, but it consists of three floors or residential units on top of each other and are connected to each other from the inside and it is possible to have an internal elevator. It is possible to exploit the triplex units by allocating one floor for rent or being an office, so you have the possibility to own one property for housing and investment at the same time.

Studio: the studio is the smallest of the real estate units. But despite its small size, where the studio area often does not exceed 60 meters, it is considered one of the most popular real estate units for young people. The studio consists of one space or one room for sleeping and living, an open kitchen and a bathroom. Studio unit prices are mostly suitable for limited financial plans. The studio is one of the units suitable for individuals, but it is impractical for families and families.

Roof: we come to the last type of apartments, which is considered one of the most distinctive residential units, an apartment, which is accompanied by its own roof. The most distinctive thing about these apartments is the spacious area on the roof or rooftops and the distinctive view they have, especially if they are located in one of the distinctive areas overlooking the gardens or the Nile, for example. As for the built-up part, it consists of an apartment consisting of a varying number of rooms, a kitchen and a bathroom. This type of unit is suitable for families who prefer a sense of privacy and enjoy an outdoor space attached to the House.

Independent villa: simply an independent villa is a separate and independent house with a garden and surrounded by a private fence separating it from the rest of the surrounding villas. Most often the villa has two or three floors. Real Estate Brokerage in Egypt

The independent villa

Penthouse: penthouse units are considered one of the most luxurious units that offer a high level of luxury and privacy to their owners. They are often on the last floor of high-rise buildings and high-rise Real Estate in addition to the roof floor. The entire floor is dedicated to the penthouse, there are no neighbors on the same floor. What distinguishes the penthouse is that it often provides a distinctive panoramic view for its residents, where the exterior walls are all made of glass. Penthouse apartments are considered one of the most expensive apartments in the real estate market.

The daughter House

Twin house: it is also possible to call it a double House. The basis of this type of real estate is that it consists of two basic houses that share among themselves only one common wall. Each house in the twin houses has a different owner. Each of them has a separate private entrance and a separate garden.

Twin houses

Townhouse: it is a type of residential real estate that you will find in modern projects that provide a modern lifestyle. A townhouse is considered as a villa, but it is smaller in area than independent villas, and what distinguishes this type of real estate is that it is created in the form of a group of villas that are identical in External shape and design and are adjacent to each other from two sides or at least one side. But mostly the town is amateur in the form of 3 houses adjacent to each other, but each of them has a private entrance and a private front garden for each residential unit. What distinguishes townhouses from villas is that they become a suitable choice for families or individuals looking for a house with a larger area than apartments, but at the same time not completely separated from the surrounding community where you can enjoy a social life with the surrounding neighbors.

Townhouses

Chalets: as for chalets, they are similar units to apartments, but they are located in coastal cities directly on the sea or near the sea and are inside one of the coastal resorts that provide entertainment services such as swimming pools and water games.