Rent or ownership? How do you make your decision?

If you're thinking about getting an apartment or a villa, there's some steps you need to take first. You have to know the difference between ownership and rent, the new law as well, and the right places, there are quiet places and services.

We're gonna talk about all this today.

 

Rent or ownership? How do you make your decision? Recognize each of them by knowing the advantages and disadvantages of each of them.

Rent and ownership have advantages and disadvantages that can affect your life in the short or long term.

When choosing how to obtain a drug, all aspects surrounding this decision must be understood to avoid subsequent regret. You can see the aspects of ownership and rent to make the necessary decision through the following points:

 

One of the advantages of living in a rental apartment is:

Although some think that there are no advantages to renting and that it's full of flaws, there are many points that can make it special for the ownership of it. 

 

1. Possibility of reducing expenses: you can face at any moment a difference in monthly income as a result of moving from one job to another, and here you can easily change your rent by moving to a more suitable apartment or changing the neighborhood and choosing a completely different neighborhood in Ring Prices.

 

2. Laundry and repairs: you can easily choose a suitable home for you before moving to it in terms of lactation, decorations, available cumulations, etc., and you can also have hard-to-get luxury property because of high prices such as swimming pool, jacuzzi, living in a high-end place and other luxury.

 

3.Flexibility: fast working conditions and volatility make you change your workplace more than once, and maybe moving to a completely different governorate with rent gives you the flexibility needed to help you move your place of residence very easily along with your work so easily and quickly that you don't need to sell. 

Your real estate and buying new real estate in the other county.

 

4.Psychiatric comfort: in terms of the possibility of changing the neighborhood so easily, in case there are any problems that make you feel uncomfortable or insecure in this neighborhood, since the famous saying "neighbor chosen before home" is difficult to ascertain when choosing your home, so you may need to stay for more than a few months to judge if the neighborhood is fit or not.

 

5.Removal of the real estate tax: There is no need to pay the real estate tax because it is not the owner of the property, so you can reside in any real estate, no matter how high the price rises, without the need to pay taxes.

 

One of the defects of housing in a rental apartment is:

But even though there are so many advantages, there are so many flaws that you should also know.

 

Lease prices are increased: One of the biggest rental challenges is that the prices are always increased and often with every renewal of the contract, the owner will ask you to increase the rental price, given the increase in real estate prices in the entire market. This point could cause some instability as the rate of increase could be inappropriate for the tenant and would have to look for a new drug. 

 

The owner can sell the property: the homeowner remains entitled to dispose of the property and can therefore sell the property, which may result in the cancellation or non-renewal of your lease. Which makes you have to re-enter the residential search department. 

 

You cannot make any substantial adjustments: while some owners allow renovation work at home, you cannot make substantial adjustments that force you to accept the condition of the home as it is. 

Not the best solution in the long run: in the end, no matter how long the rent for a particular property remains outside the limits of your property, and we may continue to rent and refuse to own it puts you in a critical position in the future.

 

What are the defects and advantages of ownership? 

Ownership apartments are the kind of housing that an individual directly owns. This means that the buyer has full ownership of the apartment and the land on which it is located. The property apartments are different from the rental apartments, where the tenant does not own the property and pays the rent instead to the owner, but you can live as you please or rent them to be your source of income.

 

One of the features of ownership:

 

Safety and stability: the greatest human need remains a sense of stability and security. Having your place of residence enhances that feeling.

 

Full freedom to adjust and design the house: having your home gives you the ability and complete freedom to act on its designs, which makes it a place that is suited to your personal needs and in keeping with your own taste. 

 

It's an opportunity to invest: you own any real estate, whether residential or commercial, that gives you the opportunity to think about investing. Whether by renting the property if you own another or resell it and profiting from the price difference. 

 

Real estate prices are increasing over time: it is established that the price of the real estate you are buying will increase in months without any interference from you. In this way, you will be the first beneficiary, with your profits increasing in the origin of the property if you consider reselling.

 

One of the shortcomings of ownership:

 

Significant financial commitment: the purchase of the property requires a substantial advance payment and a commitment to monthly and annual installments

Inability to move easily: In exchange for all the advantages you have in owning the drug, you'll find some points that can hinder you. One of these points is that you can't move easily at any time you decide. At least you have to draw up a stabilization plan for at least three years in the same area that you chose to buy your house. 

All the responsibilities lie with you: when you are the first owner of the property, you will be the primary owner of all the property from the smallest maintenance work, such as repair of a door and even essential transactions, such as handling legal matters. 

Change increases the cost of money: if you buy a house and then decide to change the place of residence and buy another place of residence, you will find that such decisions cost you a lot of money.

Maintenance responsibility: You have to take care of infertility maintenance.

 

And now we're going to talk about some places and vital and service streets that you can think about.

 

ZAMALEK:

 

As they call it, it is the oldest and most delicate neighborhood in western Cairo, a quiet neighborhood away from Cairo's traffic, and most of the population of high class, celebrities and artists is one of the best places to think about if you want to rent an apartment to the private office.

 

The 5 most famous streets in the Zamalek neighborhood:

 

Street Nashaat: it's a high-end street in Zamalek and it intersects with July 26th Street, and it's called a street that grew from a university that grew up inside. 

 

Abu Al-Fada Street: It is one of the most famous and tallest streets of Zamalek, stretching from the head of the island to the 26th of July.

 

July 26th Street: An important public street in Zamalek is a line between the G in the north and the island, and it is an excellent business center for the inclusion of commercial services.

 

El Geblaya Street: A well-known street with many historical features, such as the Palace of the Island, the Cairo Tower and the Fish Garden.

 

Mohammed Madha Street: This street was named after the Egyptian engineer who built the Alexandria lighthouse.

It is the home of many foreign embassies and includes an important cultural teacher, the great Cairo Library.

Mansour Mohammed Hassan Sabri

 

El Mohandseen:

 

The engineer community has no historical and historical monuments, yet it enjoys leadership in shops, restaurants and cafés, and is also filled with company employees and banks, and takes the commercial character from companies to numerous stores and shops in all fields, as well as banks.

From the finest neighborhoods of the Giza governorate.

A first-class business and investment neighborhood.

It's accessible from most of the main axes and roads.

 

One of her most famous streets:

 

League of Arab States Street

The University of Nations street extends from Svensk Square to Sudan Street.

It is one of the most popular streets in Cairo, because it includes commercial, recreational and tourist activities.

 

Lebanon field

It's the most important hub in the engineer's neighborhood, so it's always crowded.

Over-average housing and luxury housing are available.

It's got a lot of stores in terms of global and local brands.

 

Mohy Eldin Abu Elez

This street is unique to many individuals, since it is one of the most important and famous residential streets there, and it is a vital area. However, it is only quiet. It is therefore one of the preferred choices for those who wish to relax and relax, away from the noise and noise that dominates the city.

 

Shahab Street.

Shihab Street is a main street located in the engineering district of Giza governorate in Egypt. The street starts on July 26th and ends at the League of Arab States Street, and goes through a number of high-end neighborhoods, like the Zamalek neighborhood and the al-Dawliyah neighborhood.

And one of the features of Shahab Street:

At a distinct location: the street is located in a vital area in the midst of many services and facilities.

Miscellaneous services: There are many services on the street, such as hospitals, clinics, schools, commercial centers, markets and shops.

Means of transport: the street is easily accessible through a variety of means of transport, such as the Metro Wall.

 

El Agouza:

 

It is a neighborhood of the Jizah governorate, Egypt, located on the coast of the Nile River next to the engineer neighborhood, which is bordering it from the north, from the east of the Nile River, the small branch called the Blind Nile, and from the south and west of the al-Dawqi neighborhood.

 

And one of the features of the old neighborhood is:

 

Location: The old woman is located on a distinct site on the West Bank of the Nile River, bringing her close to the center of Cairo and many other tourist destinations.

Diversity: The elderly includes a variety of features and facilities that meet the needs of the entire population.

The old woman is known as a quiet and safe area, which makes it a perfect place to live.

 

And one of the most famous streets of hers:

 

Nile Street:

One of the most important streets of the old woman, stretching along the Nile River.

There are known to be many hotels, restaurants and cafes, as well as many tourist attractions, such as the bridge.

 

Abd El Munim Street:

A major street in the old lady, connecting the Giza Square to the Svenx Square, known for the existence of many shops and markets, as well as many hospitals and clinics.

It's an important business center in the area.

 

Nawal El agouza Street:

Nawal Street is one of the most important streets of the old woman. The street is characterized by its privileged location and the existence of numerous services and facilities along the road. The street is also characterized by a quiet, safe and broad area.

 

EL Dokki:

He's among the finest neighborhoods in Giza governorate or in Greater Cairo in general and is bounded from the north by Nile and from the south by Sudan Street.

The passage of the subway, as well as public transport, is characterized by the ease of movement to and from it, and by the fact that it is a neighborhood of Aristocrat, where there is a very large number of major corporate headquarters and business activities, as well as numerous embassies and consulates of great importance, as well as international cultural centers, and its most famous streets:

 

Area: The area is located near Cairo University and Nile Street and is considered to be one of the quiet places and the most famous places for ticketing; not only is this but it also has many shops and restaurants.

 

Feini Square: is a small field located in the al-Dawqi neighborhood of Cairo, Egypt. The field is located at the intersection of 26 July and League of Arab States Street. It is surrounded by a number of important buildings, including the Egyptian Ministry of Foreign Affairs and the Arab League building.

And one of his most important features: 

Excellent location: The field of Vinnie has its privileged position in the heart of the ticking, making it an accessible place from all over the city.

Silent region: Although it is a central area, Finney Square is characterized by a quiet and safe area.

Historical area: Finney Square is a historic area with many old buildings of unique architectural style.

 

Tahrir Street: It is one of the most famous streets of al-Day, stretching from Kubri to the east to South Sudan Street; it is also characterized by the presence of subways, as well as places of worship such as the Asad bin al-Furat Mosque, the College of Education and kindergartens, and is marked by the location of a vital area in the midst of many services and facilities.

 

Hunting Club Square: This area is calm, including the Club Street and the branch streets, as well as Mecca Street; most of the estates there are also privileged viewers of the club.

 

And in the end, if you want to rent or own an apartment or a villa in quiet places and services, don't think too much and keep going with us and we'll help you find the right drug for you. And if you have your own real estate, you can add it to our website by the next link... press here