If you are looking for a 165 sqm apartment for sale in a fully occupied residential compound, with a practical layout, established infrastructure, and no remaining installments or outstanding debts, this unit offers an excellent opportunity for both comfortable living and long-term value.
The apartment spans 165 sqm and features a practical family-friendly layout consisting of 3 bedrooms, a reception, a kitchen, and 2 bathrooms. The unit is delivered in semi-finished condition with plastered walls and a reinforced security door, giving the new owner the flexibility to complete the finishing according to their own taste and requirements.
One of the key advantages of this property is that it is fully paid with no remaining installments or outstanding financial obligations. The maintenance deposit has also been paid, and the apartment comes with a highly desirable private parking space, adding significant convenience and value to the property.
The apartment has a total area of 165 square meters, making it a suitable choice for families looking for a spacious residential unit within an established compound.
The unit consists of:
3 Bedrooms
Reception
2 Bathrooms
Kitchen
Private Parking Space
Elevator
Reinforced Security Door
Semi-Finished Condition – Plastered
The apartment offers a practical layout that can be easily customized through interior design and finishing works, whether you are planning to use it as your primary residence or considering it as a real estate investment.
One of the property’s strongest features is its prime position within the building.
The apartment is north-west facing and located on three corners, making it completely unobstructed.
Being positioned on three corners provides the apartment with excellent exposure to natural light and ventilation, while its unobstructed views enhance privacy and create a more open and comfortable living environment.
This makes the unit stand out from many other apartments for sale within the compound, as its value is not based solely on its 165 sqm area but also on its location, orientation, views, and overall positioning.
If you are searching for an apartment for sale with no remaining installments, this is one of the property’s major advantages.
The apartment is fully paid, with all installments settled and no outstanding debts on the unit, according to the available property details.
The maintenance deposit has also been paid, with only a maintenance deposit difference of EGP 75,000 mentioned among the transfer-related financial details.
The transfer fee is EGP 80,000, while the contract fee is EGP 5,000.
This gives the buyer a clearer understanding of the known financial obligations associated with the transfer process before completing the purchase.
The asking price for the apartment is:
With a total area of 165 sqm, the asking price is approximately EGP 30,303 per sqm.
Calculation:
EGP 5,000,000 ÷ 165 sqm = approximately EGP 30,303 per sqm
The asking price reflects a 165 sqm apartment with a north-west orientation, three-corner positioning, completely unobstructed views, a highly desirable parking space, and fully settled installments with no outstanding debts.
The final selling price and any transfer-related charges remain subject to agreement between the buyer, seller, and the relevant compound management.
The apartment is offered in semi-finished condition, with plastered walls and a reinforced security door.
This gives the new owner the opportunity to complete the interior finishing according to their preferred style and requirements instead of paying for a ready-made finish that may not match their taste.
The buyer can choose the flooring, paint, kitchen finishes, bathroom fixtures, lighting, and interior design according to their needs.
For buyers specifically searching for a semi-finished apartment for sale, this unit provides a flexible starting point for creating a customized home.
Another important advantage is the highly desirable dedicated parking space included with the apartment.
Having a designated parking space within the compound provides additional convenience for residents and eliminates the daily hassle of searching for parking.
This makes the property more attractive when compared with similar apartments that do not include a dedicated parking space.
One of the key advantages of this property is that Town Residence is already occupied and established as a residential community.
For buyers looking for a ready-to-move residential environment, this means they are purchasing a unit within an existing community rather than waiting for a new development to become operational.
The property also benefits from several available utility connections and essential infrastructure, including:
Electricity meter available
Water connection available
Natural gas connected to the building
Telephone lines available
Elevator
Fully occupied compound
These details are particularly important for buyers looking for a property suitable for residential use within an established community.
The apartment benefits from access to several essential utilities required for everyday living.
Electricity: An electricity meter is available.
Water: Water is connected.
Natural Gas: Natural gas is connected to the building.
Telephone Lines: Telephone lines are available.
Elevator: The building has an elevator.
The availability of these utilities makes the apartment suitable for buyers planning to complete the finishing works and move into the compound, subject to verifying the current operational status of each utility during the viewing and contracting process.
With 165 sqm and 3 bedrooms, the apartment provides a practical amount of space for families looking for comfortable residential living.
The three bedrooms can accommodate different family needs, whether used as master and children’s bedrooms, guest rooms, or even a home office.
The reception area provides a comfortable space for hosting family and guests, while the kitchen and two bathrooms complete the practical requirements of a family home.
The apartment’s three-corner position and north-west orientation further enhance its overall appeal in terms of natural ventilation, daylight, privacy, and openness.
When searching for a 165 sqm apartment for sale, it is important not to compare properties based solely on price and size.
Several factors can significantly affect the property’s overall value, including:
Apartment Position:
This unit is located on three corners and is completely unobstructed.
Orientation:
The apartment is north-west facing.
Finishing:
Semi-finished with plastered walls and a reinforced security door.
Parking:
A highly desirable dedicated parking space is included.
Financial Status:
All installments have been settled, with no outstanding debts.
Compound Status:
The compound is already occupied.
Utilities:
Electricity, water, and telephone connections are available, while natural gas is connected to the building.
These factors should all be considered when comparing this apartment with other properties available within the same compound or surrounding area.
For interested buyers, here are the main financial details of the property:
Asking Price: EGP 5,000,000
Apartment Area: 165 sqm
Maintenance Deposit Difference: EGP 75,000
Transfer Fee: EGP 80,000
Contract Fee: EGP 5,000
Installments: Fully Paid
Outstanding Debts: None
Maintenance Deposit: Paid
Knowing these details before arranging the purchase helps the buyer establish a clearer picture of the expected transaction-related costs.
Based on the provided figures, the listed additional costs are:
EGP 75,000 + EGP 80,000 + EGP 5,000 = EGP 160,000
Therefore:
EGP 5,000,000 + EGP 160,000 = EGP 5,160,000
This represents the asking price plus the specifically mentioned additional charges, before any other fees that may potentially be required by the relevant authorities or compound management.
The buyer should request a final financial statement and verify all applicable fees before signing the contract.
The apartment can be suitable for family living, particularly due to its 3-bedroom layout, 165 sqm area, established compound, available utilities, and dedicated parking space.
It may also appeal to buyers considering real estate as a long-term investment asset. However, future capital appreciation or rental returns cannot be guaranteed, as they depend on market conditions, location, property condition, demand, and other factors at the time of resale or rental.
If the main objective is investment, buyers should compare the current price per square meter with similar units available within Town Residence and the surrounding area before making a final decision.
If you are searching for an apartment for sale in an occupied compound, here are the main property details:
Area: 165 sqm
Bedrooms: 3
Reception: Available
Bathrooms: 2
Kitchen: Available
Finishing: Semi-Finished – Plastered
Door: Reinforced Security Door
Orientation: North-West
Position: Three Corners
View: Completely Unobstructed
Parking: Highly Desirable Parking Space
Elevator: Available
Electricity: Meter Available
Water: Connected
Natural Gas: Connected to the Building
Telephone Lines: Available
Compound Status: Fully Occupied
Price: EGP 5,000,000
Installments: Fully Paid
Outstanding Debts: None
Maintenance Deposit: Paid
Maintenance Deposit Difference: EGP 75,000
Transfer Fee: EGP 80,000
Contract Fee: EGP 5,000
This property combines a practical family-friendly layout with a spacious 165 sqm area, a prime three-corner position, a north-west orientation, an unobstructed view, and a dedicated parking space.
For buyers searching for a 3-bedroom apartment for sale in Town Residence, this unit offers the advantage of being fully paid with no remaining installments or outstanding debts, while the compound itself is already occupied and established.
The combination of the apartment’s location, orientation, parking, utilities, and financial status makes it a property worth viewing and comparing with other available units.
For buyers looking for a ready-to-move apartment in Town Residence, this property offers an established residential environment with the essential infrastructure already available.
Although the apartment is semi-finished and requires completion of the interior finishing works, the compound is already occupied, utilities are available, and the unit has no remaining installments or outstanding debts.
The buyer can therefore focus on completing the apartment according to their own preferences while benefiting from an established residential community.
We recommend viewing the apartment in person to verify its area, layout, orientation, view, finishing condition, and parking space.
The buyer should also review all property documents and confirm the financial and contractual status of the unit. It is important to verify that there are no additional obligations, and to confirm the maintenance deposit balance, transfer fees, contract fees, and any other applicable charges directly with the compound management before signing the contract.
For full details, the exact location of the apartment within Town Residence, and to schedule a viewing, contact us now.
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