The moment we hear that Egypt is building a New Capital, some questions come to our mind, like what is the new capital of Egypt and why is it being built?
In this article, we will answer all your questions including the reasons for building the New Capital and how will the new compounds affect the future of Egypt in the few coming years.
What is the New Capital of Egypt?
Well, Firstly let’s know the main purpose of developing the administrative capital which is being built to provide a prosperous economic environment.
Also, it is planned to transfer many ministries, embassies, and government agencies to the New Capital to make a space in historical Cairo.
Moreover, the government has planned very well for Egypt’s new capital, ready to discover what is the new capital of Egypt and how great this project is?
- The project aims to attract about 7 million people in the first phase only, do you imagine?
- The first phase of the New Administrative Capital project will be built on an
area of 10,000 acres which is good enough to attract many developers. - Additionally, the Ministry of Housing is preparing to offer 3,000 feddans to real estate developers and investors after completing their enclosure which is great.
Learn more about the New Capital by reading New Capital guide
After knowing some facts, let’s dive deeper and find out the properties for sale in Cairo New Capital, are you ready?
Properties for sale in Cairo New Capital
The new capital has already grabbed much attention from investors and developers inside and outside Egypt.
Now let’s have a sample of some of the available compounds and their prices and amenities.
La Verde
Looking to breathe clean air? La Verde New Capital is ideal for people who want to reside in a neighborhood with plenty of green space and close proximity to recreational areas.
The homes are spacious and have lots of natural light, which will make you feel active and healthy.
Ready to know the amenities? The community offers a wide range of amenities and facilities that you can enjoy, like:
- Village Mall
- Administrative Offices
- Club House
Now let’s discover together the properties of La Verde, there are different types of properties, Apartments, Villas, and more.
The price differs according to the rooms and sizes of the unit, the price range starts from 2,693,250 EGP, reaching 5,087,250 EGP.
Please note that the prices of the available properties are constantly updated. For the latest updates on the price list, please check out La Verde listings.
After exploring the wide green areas of La Verde, let’s head to Midtown and discover its amenities.
Mid Town New Capital Villa
Settled directly in the middle of Cairo’s New Capital in front of the Expo City and 20 minutes away from the center of New Cairo, ready to know the amenities yet?
Also, midtown has a lot to discover:
- Wide beautiful landscapes with water features and greenery.
- Moreover, it has a swimming pool, jogging trails, and bike lanes.
Excited to know the prices yet? The prices differ according to your needs of the unit size and number of rooms and some other things.
The prices for Mid Town’s New Capital villa range from 5,600,000 EGP up to 6,150,000 EGP
Please note that the prices of the available properties are constantly updated. For the latest updates on the price list, please check out Mid town listings.
Overall
The New Administrative Capital really has a huge number of investments and will continue to grow to achieve the desired results.
Additionally, this is the right time for investors to explore the New Capital and bring in their investments.
Looking to be one of the property owners in the New Capital City? Get in touch with Nawy through WhatsApp and one of our consultants will contact you as soon as possible.
