Properties for Sale in Balat, Al Wadi al Jadid, Egypt

Real estate in Balat

The Al Wadi al Jadid region in the southern part of Egypt is an intriguing site for potential property buyers and investors. Balat, known for the inherent charm of its historic buildings and the appeal of its surrounding desert landscapes, is just the right place if you're searching for a unique house or perhaps an apartment that mirrors the richness of the local culture and heritage. This captivating city, with its blend of traditional mud-brick houses and more modern constructions, has earned the moniker "City of Gold" due to its golden sandstone structures that glitter beautifully in the desert sun. Before you reach out to local property experts, it would be worthwhile to explore the current state of the real estate market in Balat, the available properties, and the associated costs of acquiring a home in such a distinct location. Whether you're interested in old-world charm or contemporary luxury, you're sure to find a property that is well-aligned with your preferences and budget. The local real estate market offers a diverse range of options- from historic buildings that transport you back in time to more recent constructions reflecting modern architectural trends. To call Balat your home is to immerse yourself in an experience that's unlike any other, marked by the city's cultural richness, architectural beauty, and the tranquility offered by its desert location.

Balat properties: Market trends overview

The real estate market in Balat of Al Wadi al Jadid has demonstrated consistent price appreciation, attracting a considerable interest from international investors and purchasers, predominantly from the Gulf countries, the UK, Germany, and the USA. The strategic location of Balat, positioned in the heart of the desert, offers a serene and tranquil lifestyle contrasted with an exhilarating and active vacation due to its various adventure sports and cultural sites, as well as its smooth connectivity to the bustling city of Cairo. Balat presents a unique blend of calm desert ambiance, rich historical legacy, and an excellent standard of living. In recent years, the authorities in Al Wadi al Jadid have been putting more resources into the town’s development, offering a variety of real estate options for both local and international property investors. These include contemporary and efficient townhouses, apartments, modern villas, traditional desert houses, and upscale penthouses. Searching for properties and apartments for sale in Balat that match various budgets and lifestyle preferences is straightforward, reinforcing the town's reputation as one of the most inviting for foreign buyers. The fusion of the ancient heritage with the comforts of modern living makes Balat an appealing choice for those wanting to invest in real estate in an unique and culturally rich setting.

Average price of a property for sale in Balat

What would be the cost of acquiring properties in Balat, Al Wadi al Jadid, Egypt? Predicting an absolute value is often challenging given the many variables at play like the type of the property, its distance to prominent locations and amenities, the facilities and luxuries it offers, its size, accessibility, and so forth. Recent market data indicates that the highest quoted price for properties in Balat, Al Wadi al Jadid was EGP 15,152 per square meter. Properties with the highest prices are mostly located in the upscale districts of Balat. Conversely, more affordable offerings, averaging EGP 11,094 per square meter, are primarily found in the less urbanized neighborhoods of Al Wadi al Jadid. As it stands, the average asking price for a house in this region floats around EGP 3,204,568.

Types of properties can you find in Balat

In Balat, Al Wadi al Jadid, Egypt, real estate provides an array of different properties, ranging from spacious apartments, luxury penthouses, deluxe villas on the banks of the Nile, to traditional Egyptian properties. The prime property for sale is often found in a secure residential area. Here, 3-4 bedroom apartments equipped with extensive terraces and 2-story homes are available for purchase. Each of these units interestingly, holds its own entrance, vast terraces, and an individual kitchen. A novel villa, situated in a coveted location in Balat, Egypt, offering views of the spectacular river Nile, is also a choice to consider. With the distance to the riverbank being a short walk away, it truly is an idyllic living space.