Apartments 420m for sale in Narges Buildings New Cairo

Apartment for Sale in Narges Building - New Cairo

 
Reference: GB63136
EGP 4,800,000
Category:
Apartments / Sale
Price:
EGP 4,800,000 Cash
Price / Sqm:
EGP 11,428 Per Sqm
Finishing Status:
Super Lux
Area:
420 M2
No of Floors:
Year Built:
2022
Allowable height:
Last Updated:
Sun 27 Aug 2023

As a lawyer with experience in real estate and property law, I am pleased to share my insights into the Narges Buildings in New Cairo, Egypt. These buildings have been the subject of much discussion and debate in the real estate industry in recent years, and here is what you need to know.

The Narges Buildings are a complex of residential buildings located in the fast-developing New Cairo area of Egypt. The area has become a hub for young professionals and families due to its close proximity to the central business district of Cairo, as well as its excellent schools, shopping centers, and other amenities.

The Narges Buildings have become popular with buyers looking for affordable and spacious apartments in this desirable location. The complex includes several high-rise buildings, each consisting of a large number of residential units. The units themselves are modern and well-designed, with plenty of natural light and ample living space.

Despite the popularity of the Narges Buildings, there have been some concerns raised about the legal status of the complex. In particular, there have been allegations of improper documentation, zoning violations, and other issues that could potentially impact the ownership and value of these properties.

As a lawyer, I would advise anyone thinking of investing in a property in the Narges Buildings to proceed with caution. It is important to conduct a thorough due diligence process before making any purchase, including a review of all relevant legal documentation, zoning regulations, and other relevant factors.

In addition, it is essential to work with a trusted real estate agent or lawyer who has experience in the New Cairo area and can provide guidance and advice on the specific risks and challenges associated with investing in this complex.

Overall, the Narges Buildings offer an exciting opportunity for buyers looking to invest in a modern and well-designed residential complex in a desirable location. However, it is essential to take all necessary precautions to ensure that your investment is secure and legally sound.