|
|
Zamalek is
counted amongst Cairo's first class neighborhoods
and is of course on Cairo's first class price list.
Like everywhere else the prices in Zamalek have slightly fallen
compared to the last few years. This is a consequent to a remarkable
rise in supply not meeting its match in demand.
Another common aspect of the renting phenomena is the recently applied
new law, which clarifies and defines renting issues, accentuating
the priority of a contract.
Sellers target the clients giving priority to foreigners specially
on offering furnished households aiming for clarity, punctuality,
and responsibility for furniture as well as foreign currency.
The
price hierarchy mechanism can now be illustrated, granting the highest
prices for the first row on the island shores backwards on a linear
basis, depending greatly on the factors of view and direct access
to the bridges and main roads
On the other hand the Gezira sporting club imposes another
price hierarchy, although not half as strong with the spacious club
as a center.
The prices are highest just around "Gezira" and decline as
you see less and less of the green from your windows.
On a personal note, I would like to point out that living in Zamalek
or spending time in it to begin with is an experience with a new taste.
I can confidently say that our Zamalek is one neighborhood
with style, elegance and most of all class.
|
|