I stumbled upon that Real Estate website last week when my colleague was speaking about it and about how it had probably the most expensive houses sold with ludicrous prices in Egypt.
I did not believe the numbers at first but then I took a look and browsed in the website.
Then I remember how Egypt is the land of extreme contradictions, we got extreme wealth and poverty at the same time.
Last week I was interviewing a poor woman who was sleeping under a bridge under construction because the government kicked her out and demolished her house allegedly built on a state-owned land, a claim which is false. It is just crazy country indeed.
Without any further due here are the most expensive buildings in Egypt as listed in PropertyFinder.eg :
I do not know who owns this villa or rather the palace.
At first, I suspected it was owned former minister of finance and fugitive Youssef Botros Ghali in Zamalek which has been confiscated by the state in Zamalek island. (He turned to have a land in Zamalek worth of LE 200 million located directly to the Nile which he bought from more than ten years with a price less than its real value)
Yet, it turned out that Ghali’s villa is on another street in the upscale island.
Oddly, the website did not publish photo for the villa’s façade but it published photos of the villa’s interiors.
It seems that it is art deco village based upon its door.
Aside from the many bedrooms, this villa got a sun room and some sort of a theater.
The website did not mention either when this villa was built.
Needless to say, we are speaking about Zamalek upscale island so this villa could be very old.
I know the location of this villa, I will try to go and have quick look.
In the second place, we got another Zamalek villa for sale. You can own this classical villa for LE 252 Million {USD 14 Million}.
I did not believe the numbers at first but then I took a look and browsed in the website.
Then I remember how Egypt is the land of extreme contradictions, we got extreme wealth and poverty at the same time.
Last week I was interviewing a poor woman who was sleeping under a bridge under construction because the government kicked her out and demolished her house allegedly built on a state-owned land, a claim which is false. It is just crazy country indeed.
Without any further due here are the most expensive buildings in Egypt as listed in PropertyFinder.eg :
1-Ibn Zinky’s Villa: LE 270 Million
Yes, you read it right, this villa is up for sale for LE 270 Million {USD 15 Million}.I do not know who owns this villa or rather the palace.
At first, I suspected it was owned former minister of finance and fugitive Youssef Botros Ghali in Zamalek which has been confiscated by the state in Zamalek island. (He turned to have a land in Zamalek worth of LE 200 million located directly to the Nile which he bought from more than ten years with a price less than its real value)
Yet, it turned out that Ghali’s villa is on another street in the upscale island.
Oddly, the website did not publish photo for the villa’s façade but it published photos of the villa’s interiors.
It seems that it is art deco village based upon its door.
The villa's door |
The website did not mention either when this villa was built.
The Sun room in the villa |
That small old home theater |
I know the location of this villa, I will try to go and have quick look.
2-Another Zamalek villa: LE 252 Million
In the second place, we got another Zamalek villa for sale. You can own this classical villa for LE 252 Million {USD 14 Million}.The dining room |