For Sale:
Cairo Apartments
New Capital City
ORO
Bayut - 5000519-d2gXfP
WhatsApp Image 2024-11-11 at 4.41. 26 PM (1). jpeg
Off-Plan
13
EGP7,144,200
Down payment: EGP 714,420
ORO, New Capital City, Cairo
3 Beds
2 Baths
210 Sq. M.

Your apartment is in the best location in R7, directly on the embassy district, close to the gate

Your apartment

The most distinguished location in R7, taking two facades, a facade on the universities and investors axis and a facade on the embassy district, meaning your neighbors are the embassies

_____

160m 🏠

Directly on the embassy district, close to the gate

3 rooms or 2 rooms

_____

With all payment systems without interest and without payments for a limited period

Your down payment🟰Your discount

Area 210 m

Total unit before discount 7,938,000

After discount 7,144,200

Down payment 714,420

And an installment every 3 months 229,635

Cash discount 32%

_____

Oro New Capital Compound is the latest project of Afamina Group for Real Estate Development, which has worked with all its efforts to provide a residential edifice designed in the European style Modern, and similar to the best residential complexes in the world.

The company chose the best strategic locations in the heart of the administrative capital, which is the seventh residential district to establish Compound Oro New Capital, and provided a huge area to implement the project on 38 acres, and the area came to include all the factors you are looking for to live the ideal life you have always dreamed of.

Many seek to reach a quiet and upscale life away from the population congestion that we all suffer from, so finding a residential project that is away from this noise, and close to all the services necessary for living has become a very important matter, and this is what you will find inside Compound Oro.

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New Administrative Capital

The New Administrative Capital is a new fourth-generation city and the new future capital of the Arab Republic of Egypt[4][5] located in Cairo Governorate, and is managed by the Administrative Capital for Urban Development Company[6][7]. The city was established by Decree No. 57 of 2016 issued by the President of the Arab Republic of Egypt, Abdel Fattah el-Sisi[8] and its establishment was announced during the Conference to Support and Develop the Egyptian Economy held in Sharm el-Sheikh from March 13 to 15, 2015. A contract was signed with the United Arab Emirates to establish it during the conference. [9][10][11] The total area of ​​the city is about 170 thousand acres (688 km²), which is larger than the area of ​​Singapore and four times larger than Washington, the capital of the United States of America. [12][13] It is about 60 km east of Cairo and about 65 km west of Suez. It is planned to accommodate approximately 6.5 million people upon completion of its entire construction phase. [14]

The Administrative Capital was established to alleviate congestion in Cairo, and to be the new capital and seat of government of Egypt by the end of June 2022,[15] where the headquarters of the Presidency of the Republic, the Presidency of the Government, the House of Representatives, the Senate, ministries, government agencies and bodies, as well as embassies and consulates of foreign countries will be moved, and it will be the financial center of Egypt as it contains the financial and business district that will include the headquarters and regional offices of major Egyptian and international companies and banks. The city is administratively divided into 20 districts and areas with different uses,[16] and it will also include, for example, the strategic headquarters of the state leadership, the City of Arts and Culture, the International Olympic City of Egypt, the City of Knowledge, and the Green River, which will extend for more than 35 km, making it six times larger than Central Park in New York City. [17][18][19]

History[edit]

The New Administrative Capital project was announced in 2015 to include the new presidential palace, parliament, government, and an upscale diplomatic district, and to be the headquarters of ministries, official bodies, and embassies in Egypt, as well as the headquarters of companies and private sector institutions. It also includes resorts, modern shopping centers, and upscale residential neighborhoods with investments amounting to $45 billion in the signing of an agreement for its construction project between the Emirati Emaar Properties, the investor in the project, represented by its Chairman, Mohamed Alabbar, and on the Egyptian side, the Minister of Housing, Utilities, and New Urban Communities, Mustafa Kamal Madbouly. The signing was witnessed by the Vice President of the Emirates, Sheikh Mohammed bin Rashid Al Maktoum, and the Egyptian President Abdel Fattah El-Sisi. It was planned that more than 35 Egyptian companies specialized in construction and contracting work would participate in its implementation and that it would take 5 to 7 years to complete.

The Emirati company withdrew from the project shortly after it was announced. Major General Ahmed Zaki Abdeen, Chairman of the New Administrative Capital Company, indicated in 2018 that the total cost of the first phase of the capital amounted to 300 billion pounds (about 16 billion dollars at the time), which would be fully completed within 3 years. From then on, the cost of the first phase until 2021 was estimated at 25 billion dollars; the army and the government bore the burden of providing it and it was pumped from outside the state’s general budget. Khaled Al-Husseini, the spokesman for the new capital, said at the time, “The implementation rates in the first phase exceeded 60 percent in all projects,” while the company’s chairman, Major General Abdeen, said that the cost of the government district alone amounted to 50 billion pounds, which was financed from the proceeds of land sales, and that the New Administrative Capital Company would collect a rental value from the government upon receiving these facilities and buildings. ________________________

ARROWHEAD Company

Includes a group of specialists in real estate consulting and project management

And our constant keenness to satisfy our customers, believing that success is only based on customer satisfaction in terms of the desires and needs of our valued customers

Through

1_ Choosing the properties offered in a practical and legally sound manner (safety) Not all the offers are suitable and not all the suitable ones are distinctive

2_ Identifying the best suitable opportunities and making a comparison and choosing the most appropriate and best in terms of customer needs

3_ Saving time and effort (to see all the offers)

4_ Not being biased (not distinguishing one project from another)

5_ Helping customers negotiate and complete contracting procedures

6_ ARROWHEAD services are free of charge without administrative expenses

7_ Follow-up after the purchase every month to solve and confront any problems with our customers (your real estate consultant for life

Property Information

  • TypeApartment
  • PurposeFor Sale
  • Reference no.Bayut - 5000519-d2gXfP
  • CompletionOff-Plan
  • FurnishingUnfurnished
  • Added on12 November 2024
  • OwnershipPrimary

Features / Amenities

Balcony or Terrace
Parking Spaces: 1
Swimming Pool
Jacuzzi
+ 13 more amenities

Location & Nearby

Location
Schools
Restaurants
Hospitals
Parks

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