Quote:
Originally Posted by scooby21
Thanks Margaret
I have been following your posts on this forum and the property one with interest as we are due to leave the UK and we have family in Cairo and think we are going to Maadi but have also seriously considered Hurgarda, its great to hear an expat happy with the life style in Maadi, Is there any aras in Maadi that are not so great to live in ? we are thinking of buying,
thanks again
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Hi there,
Depends on how much you want to spend and what type of accommodation you are looking for. We have been looking around Maadi ourselves as we were not sure whether to buy here or in El Gouna.
Villas are hugely expensive, apartments are more affordeable but can still be pretty pricey.
Maadi is sort of divided into 2 areas Maadi Sarayat and Maadi Digla. Prices in Sarayat are 8,000 to 10,000 Egp. pounds per sq. mtr. and Digla is 6,000 to 7,000 per sq. mtr. Then it depends on the street, building and then on what the finish is like inside. This should raise or lower the final price by around 10%. However, and there always seems to be "however" most properties are not advertised via Estate Agents as no one wants to pay commission so you have to find a way in via the Boab (caretaker) - each building has one. There are lots of Agents available also and this is probably the safest way for foreigners to buy - my opinion only.
Locations that are popular with ex-pats are Sarayat and Digla although there are a lot of new apartments going up in New Maadi. The estate agents were very good with us when we arrived about which areas they took us to. They know where foreigners would like to live and where they might not like to live. I have a list of good agents. If you would like a copy you could pm me.
We might still buy in Cairo. We have still not counted it out completely!!
Hope this helps,
Margaret