15
EGP6,750,000
Heliopolis, Cairo
750 Sq. M.

At a price much lower than the market for a commercial 750 m², this opportunity will not be repeated. Al-Mirghani Golf Land.

An opportunity that will not be repeated in the real estate market in Heliopolis

The location is on Haretin Commercial Street

Near Al-Mirghani Street and Nabil Al-Waqad

750 meters as follows: 120 meters shop facing the front
And the remaining area is 630 m with an internal staircase
The 630 m has a ceiling height of 3.40 m

The place was advanced for reconciliation but
The old law did not allow for reconciliation
On the basement. It had reached Form 5

Now, according to the new law, reconciliation is possible
On the basement 630 meters
Regarding the reconciliation price, it is 3 times the commercial meter price

Which means the following: the price per commercial meter is 1500 EGP for 120 meters, so the total reconciliation is 180 thousand

And for the basement, it's 1500 EGP per meter multiplied by 3, which means 4500 EGP per meter, so the total for 630 m is 4500 EGP
Which means a total of 2,835,000 EGP
So the total reconciliation for 750 meters is approximately 3 million

The selling price, if it's the lowest commercial meter price, is 16,000 EGP per meter, so 630 meters would be 10 million EGP

The selling price for 120 m commercial is at least 50,000 EGP per commercial meter at ground level, totaling 6 million EGP
The total selling price would be 13.5 million EGP, and this is the minimum calculation

That means 3 million for reconciliation expenses, and that’s at most
(Moreover, those who want to reconcile only for the 120 m shop can do so)
So the net is 10.5 million EGP for sale

The asking price is for the purpose of purchasing another investment opportunity, and this price is limited in time
Which means if the opportunity that will be bought is missed, the sale will be canceled at 6,750,000 EGP final cash

Which means if we divide this price
By the area of 750 m
It would be 9,000 EGP per meter all inclusive
A price that will not be repeated in Heliopolis

That’s why the price is final, final, final
Anyone who thinks the price is negotiable
Please do not call and waste
Time would be better, please

Knowing that the place is registered monthly as a real estate
And in the returns or property taxes
It is mentioned as a showroom and basement

Note: Regarding the rent, it was offered at this condition for 50,000 monthly
To the company for air conditioning as a warehouse only and was rejected, meaning that if reconciliation happens
The rent would not be less than 90 to 100 thousand EGP monthly
And another thing, the place was functioning as a furniture showroom
Since the building was constructed

Please review the price of the area before calling
And everything is explained in detail and with precision and honesty
Which means anyone who calls says I'm coming to see the place, review the papers, pay, and finalize
Because it is an opportunity that will not be repeated again

The photos are specific to the interior of the place; there are no photos
For the outside

No intermediaries allowed, strictly
Contact via mobile only

Property Information

  • TypeRetail
  • PurposeFor Sale
  • Reference no.Bayut - 124
  • CompletionReady
  • FurnishingUnfurnished
  • Published at8 December 2025

Features / Amenities

Electricity Meter
Completion Year
Security Staff
CCTV Security

Trends

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