Why do people look for an office for rent in Egypt?
Living and working in Egypt is one of the smartest decisions anyone can make. It remains a dream for many expats due to the luxury living and the high income. Also, when expats breaks down cost-of-living comparisons between Egypt and their own countries when it comes to housing, transportation, clothes, food, entertainment, and personal care, Egypt is almost 60% cheaper. Moreover, Egypt is the land of opportunities as many entrepreneurs find new emerging markets as the country is actively promoting itself on a global front. Thus, the demand for an office for rent in Egypt has increased. On the other hand, it is the favoring living and working destination for many Arabs as it is the headquarter of many regional and international organizations such as the headquarter of the League of Arab States and the regional offices of FAO, ITU, ICAO, WHO, United Nations Development Program….etc. Egypt is a home for many industries such as textile production, automobile, steel, chemicals which in fact helped in the increasing demand for an office space for rent. This country includes a variety of summer and touristic destinations in addition to fascinating oddities and hidden gems which makes it an exciting living destination for a lot of expats. In the following paragraphs, we will discuss the characteristics of an office property for rent to facilitate the search process.
Discover the best places to look for commercial office space for rent
Cairo is the largest city in of Egypt and the 15th largest in the world; therefore, it occupies an important position in comparison to its counterparts from other provinces. Also, it is the center of many national- and multinational corporations such as “Orange”, “PWC”, “Vodafone”, “Oracle”, and so on. For that reason, many people prefer to look for offices for rent in Cairo. Moreover, Cairo includes all the facilities and modern amenities anyone could ask for such as schools, universities, social clubs, hospitals, clinics, mosques, malls, commercial shops, restaurants, and cafes which make it a favored residential destination for those expats who are coming to Egypt with their families.
Another fact that motivated people to look for a single or shared office space for rent there is that the city includes a various modes of transportation ranging from overcrowded buses to taxies and first-class trains. These offices are featured by their diversified spaces to meet people's’ different needs and demands as they range from 45 – 1500 square meters. Also, an office space for lease in Cairo is featured by their unique interior design, fascinating colors, and wide spaces. Also, these offices are featured by their super lux finishing and affordable costs. In the following paragraphs, we will shed the light on the best places to look for a commercial office for rent in Cairo as it includes a variety of diversified districts and compounds, each has a special character. Many entrepreneurs prefer to look for offices for rent in New Cairo as this city is one of the exclusive areas there. It is featured by greenery and beautiful landscapes as it covers more than 40% of the area’s total space. One of the reasons that contribute to the increasing demand on a furnished office space for rent is the good planning of the district as you can find residential areas there apart from the commercial ones which in fact increase the sense of safety and privacy. These offices prices range from 15.000 – 500.000 EGP depending on their location and spaces.
Another reason that contributed to the increasing demand on a fully furnished office for rent in New Cairo is the unique geographic location of the district as it is located near a variety of vital areas such as Nasr City, Mokattam, and Heliopolis. Also, it could be easily reachable through a number of main roads such as NA, The Ring Road, and Suez Road. Although New Cairo is one of the calm areas in Egypt, offices there are surrounded by all the services and amenities anyone could ask for such as malls, commercial shops, supermarkets, restaurants, and cafes. A reason also contributed to the increasing demand on a furnished office for rent is the great number of schools and educational institutions that have opened there such as AUC, GUC, FUE, and The International School of Choueifat. This in fact has motivated a lot of people to move to New Cairo with their families. In the following paragraphs, we will discuss the most searched districts there to facilitate the search process for those who are looking for office space to rent in New Cairo.
Many people would like to look for a private office for rent in The 5th Settlement as it is the most sophisticated district in New Cairo. Also, it is characterized by its paved roads and cool weather in all seasons due to its elevation above the sea level. A Private office space for rent in The 5th Settlement is more expensive than other districts there as it comes with an average price of 200.000 EGP. On the other hand, if you are looking for a cheap office rental there, then the first settlement would be the best option as offices there come with an average price of 25.000 EGP. On the other hand, Nasr City is the most preferable option for many people and medium sized companies as it is a vital area and includes different means of transportation and services. Also, a single office for rent there is much cheaper than New Cairo as it comes with an average price of 4000 EGP. Nasr City is also featured by its unique geographic location as it could be easily reachable through 6th of October Bridge, NA, Suez Road, and The Ring Road.
“For rent office space”, a keyword research many people and giant corporations use to search for offices in high end neighborhoods such as Maadi to manage and protect their corporate image. This beautiful city is a favored work destination to many expats as it reminds them of their own countries in terms of calmness, cleanliness, elegance, and greenery. On the other hand, many business owners prefer to look for a small office space for rent there due to its high prices. Maadi is a multi-cultural place where you can find residents from different races, backgrounds, continents, and cultures. A small office for rent in Maadi comes with an average price of 5000 EGP while large offices range from 50 – 500.000 EGP. Regarding location, this city is beautifully located in the south of Cairo, on the east bank of the Nile, and could be easily accessible through Nile Corniche, El-Nasr Road, and The Ring Road.
If you are looking for a cheap office space for rent in Egypt, then Downtown would be a great option. Thus, many startups look for offices there especially inside the Greek Campus such as “Uber”, “RiseUp Summit”, “MO4”, and “Jobzilla”. One of the reasons that motivate entrepreneurs to look for downtown office space for rent inside the Greek Campus is the diversified spaces since offices there range from 10 – 40 meters for startups, 20 – 200 meters for small, medium companies, and 500 meters for large companies. Generally, offices in Downtown come with an average price of 5000 EGP. Finally, if you are looking for a fully furnished office space for rent in Egypt, check Propertyfinder and you will find the best offices out there with diversified spaces and prices.