Palm Hills Alexandria

Palm Hills Alexandria: a three-bedroom for the price of a two-bedroom

Palm Hills Alexandria is a compound by Palm Hills Developments on Alexandria's Sahely Road, on 160 feddans. Palm Hills Alexandria for sale now: apartments from EGP 11,122,000 for a 90 m² one-bedroom, and four-bedroom townhouses from 31,978,000, with 5% down and handover in December 2029. Apartments run on 10 years of instalments and townhouses on 7.5.

The figures hide a clear opportunity: the cheapest three-bedroom costs less than the cheapest two-bedroom, while giving you 42 m² and a room more. This page explains that, works out the instalments, and shows how the compound compares with the other project Alexandria buyers look at.

Palm Hills Alexandria location map

Where is Palm Hills Alexandria? On the Sahely Road in Alexandria, next to Wadi Degla Club and Carrefour City Center, according to the project's details. Its closest neighbour is Sawary, about 2.5 km away. The exact spot is on the map under location, and the other Alexandria projects are on the Alexandria page.

The draw here is a gated compound with a club, a school and shops inside, inside Alexandria itself. It gives an Alexandria family the kind of compound life that Cairo buyers take for granted.

Palm Hills Alexandria apartments

• One bedroom, 90 m²: from 11,122,000 to 13,097,000, about 123,600 per m², 3 available.
• Two bedrooms, 119 to 134 m²: from 15,954,000 to 17,420,000, about 134,100 per m², 4 available.
• Three bedrooms, 161 to 179 m²: from 15,904,000 to 21,591,000, about 98,800 per m², 10 available.

Take the three-bedroom

The cheapest three-bedroom, 161 m², is 50,000 cheaper than the cheapest two-bedroom of 119 m². You get a room and 42 m² more for less money, and a metre about 35,000 cheaper. Unless the two-bedroom has something specific you want, such as its floor or view, the three-bedroom is the better buy, and with 10 of them available you have the widest choice too.

The one-bedroom

At 90 m², the one-bedroom is large for its type, but its metre costs about 24,800 more than the three-bedroom's. It suits a couple or an investor who wants the smallest cheque.

Palm Hills Alexandria villas and townhouses

The houses on offer are four-bedroom townhouses of 230 to 234 m², from 31,978,000 to 32,727,000, about 139,000 per m², 2 available. The project's details list standalone villas, twin houses, duplexes and penthouses among its types, but none of those is on offer now. A townhouse here costs about twice the largest three-bedroom apartment, for about 55 m² more and a garden.

The townhouse plan is shorter

Townhouses run on 7.5 years, not 10. With 1,598,900 down, the instalment is about 337,500 a month, which needs a household income of about 1 million. Ask about the cash price; on a shorter plan, the gap may be worth it.

The sums: 5% down, 10 years

• One-bedroom from 11,122,000: 556,100 down, then about 88,000 a month.
• Three-bedroom from 15,904,000: 795,200 down, then about 125,900 a month.
• Two-bedroom from 15,954,000: 797,700 down, then about 126,300 a month.

If the instalment is to stay within a third of household income, the three-bedroom needs about 378,000 a month. These are approximate; the details are under payment plans.

Palm Hills Alexandria masterplan

The masterplan is at the top of this page. According to the project's details it includes a commercial area, an international school, a nursery, a kids' area, a sports club and a green spine running through the compound. The amenities recorded include bicycle lanes, a jogging trail, a commercial strip and schools. Use the masterplan to see where the apartment buildings and the townhouses sit relative to the green spine and the club, and ask which building each unit is in.

Against Sawary

Sawary, about 2.5 km away, sells apartments from about 69,900 per metre, against about 98,800 for Palm Hills Alexandria's three-bedroom. So Palm Hills costs about 29,000 more per metre. What the difference buys is the Palm Hills name, the club, the school and the green spine inside the compound. If price matters most, Sawary is cheaper; if the compound life is the point, compare the two masterplans side by side.

Who does it suit?

An Alexandria family that wants a compound

A three-bedroom of 161 m² or more, with a school and a club inside the gates.

Someone moving back to Alexandria

A Palm Hills compound gives a familiar standard for those who lived in Cairo's compounds or abroad.

A buyer who can wait until 2029

Handover is at the end of 2029, so plan for rent until then.

For investment

A compound unit on the Sahely Road can be let to families and to staff of the companies around it. The one-bedroom is the easiest to let and needs the smallest cheque. But with handover in 2029 and a 10-year plan, the instalment will be above early rents, so treat rent as help, not full cover. Work it out with real rents for similar units nearby once handover is close.

Palm Hills Alexandria brochure and photos

The official brochure can be requested from the brochure section of this page, and the gallery and masterplan are at the top. Since handover is in 2029, the photos show the design. Look at the masterplan for each building's position before choosing a unit.

The developer

Other Palm Hills Developments projects include Badya and Palm Parks in October and Palm Hills New Cairo. Palm Hills Alexandria is its address in the city.

Things to know before you book

• Ask why the two-bedroom costs more than the larger three-bedroom.
• Townhouses run on 7.5 years, apartments on 10: check your unit's term.
• The finishing level is not recorded with us, so ask what you will receive.
• Make sure the handover date is in the contract.

Your next step

Look at the units under available units and read the pros and cons and the FAQs. To compare the three-bedroom with the two-bedroom for your budget, message Masharf on WhatsApp from the button on this page, and we will send you a written offer with the price, deposit and instalment.