Darvell Business Complex New Capital shop 47m for sale

Shop for Sale in Darvell Business Complex - New Capital

 
Reference: GB128942
EGP 3,995,500
Category:
Shops / Sale
Price:
EGP 3,995,500 Installment
Price / Sqm:
EGP 85,010 Per Sqm
Finishing Status:
Core & Shell
Area:
47 M2
No of Floors:
Delivery Date:
2026
Allowable height:
Last Updated:
Wed 10 May 2023

The Darvell Business Complex is a commercial compound that offers a variety of buildings for business and administrative purposes. As a real estate investment, it offers a promising opportunity for businesses looking for a prime location, modern infrastructure, and high-quality services.

One of the crucial legal considerations when purchasing property in the Darvell Business Complex is to review the ownership documents and permits issued to the developer. The developer must have all legal permits and licenses available to construct buildings and sell property in the New Capital. Thus, reviewing the developer's permits is necessary to avoid any legal troubles later.

Apart from checking the developer's ownership and permitting documents, it is also important to review the sales contract when purchasing property in the Darvell Business Complex. The sales contract outlines the payment schedule, delivery date, and the project's specifications, including building design, infrastructure, interior fixtures and fittings, and other essential details. Therefore, you should ensure that the contract complies with your requirements, is in line with market standards, and is free from any ambiguity or error.

Additionally, another significant legal consideration involves the assessment of any other encumbrances or legal restrictions such as zoning laws, restrictions on use or occupancy, and building permits. You need to review the reports for any potential encroachment on the land or constraints on building height or design. Furthermore, checking if land development taxes, fees, or other debts are paid concerning the property is essential.

It is also necessary to confirm the property's maintenance and management fees, the terms and conditions of the service agreement with the facilities management company, and the concierge services provided by the compound team. You should request information regarding the payment process, maintenance and repair policies and procedures, and the procedure to be followed in case of any service related issues.

In conclusion, the Darvell Business Complex compound in the New Capital of Egypt offers a perfect opportunity for businesses and investors to invest in a prime commercial location in the heart of the New Capital. However, conducting due diligence before the purchase, reviewing legal requirements, and consulting with professionals will help avoid any legal or financial problems in the future.

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