Fully finished villas for sale in Azha with installments

3 Bedrooms Villa for Sale in Azha Ain Sokhna

3    3
Reference: GB73566
EGP 8,080,800
Category:
Villas / Sale
Type:
Twin House
Price:
EGP 8,080,800 Installment
Finishing Status:
Super Lux
Building Area:
240 M2
No of Floors:
Bedrooms:
3
Bathrooms:
3
View:
Lagoon View
Allowable height:
The type of ownership:
Registered
Last Updated:
Sun 26 Mar 2023

Introduction:
Azha compound is a luxurious development located in Ain Sokhna, Egypt. The project is developed by Madaar Development, a leading developer in Egypt. The compound is designed to cater to the needs of those seeking an extravagant and luxurious lifestyle. Azha compound is a gated community in a prime location that provides residents with exclusive access to a private beach and various amenities. As an attorney, I have reviewed the legal aspects of Azha compound, and in this article, I will provide an overview of the legal framework surrounding this project.

Ownership:
Azha compound is a private development, and the ownership of the land is held by Madaar Development, the project developers. The land on which the compound has been built has been acquired through a legal process, which includes obtaining the necessary permits and approvals from the relevant authorities.

Title:
The ownership of each unit in the compound is evidenced by a title deed. The title deed is issued by the relevant authorities once the property has been completed, and all necessary legal requirements have been met, such as obtaining the necessary permits and paying any applicable fees or taxes.

Contracts:
Purchasers of units in Azha compound will be required to sign a sales contract. The sales contract will outline the terms and conditions of the purchase, including the payment schedule and any penalties for defaulting on payments. The contract will also include provisions that protect the rights of both the developers and purchasers.

Maintenance and Management:
The management and maintenance of Azha compound are handled by a homeowners' association. The homeowners' association is responsible for maintaining the common areas and facilities in the development, such as gardens, swimming pools, and security services. The association is also responsible for enforcing the rules and regulations governing the use of the common areas.

Conclusion:
In conclusion, Azha compound by Madaar Development is a legally sound and secure investment opportunity. The ownership of the land has been acquired legally, and individual titles for each unit are issued by the relevant authorities. The legal framework surrounding the project includes measures to protect the rights of both the developers and purchasers, such as contracts that outline the terms and conditions of the purchase. The management and maintenance of the development are handled by a homeowners' association that enforces the rules and regulations governing the use of the common areas. As an attorney, I can confidently recommend Azha compound as a secure investment opportunity for those seeking a luxurious lifestyle in Ain Sokhna, Egypt.