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Lifestyle:
Heliopolis
is counted amongst Cairo's higher-class neighborhoods and is of course
on Cairo's more expensive price list. Like everywhere else the prices
have slightly fallen compared to the last few years. This is a consequent
to a remarkable rise in supply not meeting its match in demand. Another
common aspect of the renting phenomena is the recently applied new law,
which clarifies and defines renting issues, accentuating the priority
of a contract.
Sellers target the clients giving priority to foreigners specially
on offering furnished households aiming for clarity, punctuality, and
responsibility for furniture as well as foreign currency.
The
price hierarchy mechanism can now be illustrated, granting the highest
prices for the more dignified areas mostly around the club and in the
older descent areas like "Almaza" and some parts of "El Korba"
and of-course "Salah Salem" street depending greatly on the factors
of view and direct access to the bridges and main roads. Renting in
Heliopolis is considered reasonably easy though because of the neighborhood's
size and variability giving lots of choices, but be keen to make the
right one!
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