The new administrative capital of Egypt is a sprawling city that spans over 700 square kilometers, located approximately 50 kilometers east of the current capital, Cairo. The city aims to be a model for sustainable development, providing residents with high-quality housing, healthcare, education, and leisure facilities.
One of the major developments underway in the new administrative capital is the OIA compound. This is a mixed-use development that is set to redefine luxury living in Egypt, providing residents with a range of world-class amenities.
The OIA compound is being developed by Orascom Development Holdings, a leading developer in the Middle East and North Africa. The project is set to cover an area of 30 acres and will consist of 3,000 units, comprising of apartments, duplexes, and villas.
The compound is situated in the heart of the New Capital’s diplomatic district, making it an ideal location for international diplomats and business executives. The compound will feature more than 30 commercial outlets, ranging from high-end retail stores to cafes and restaurants.
In addition, OIA compound will also feature a range of recreational facilities, including a 10,000 square meter clubhouse, a sports complex, and a spa. The clubhouse will feature a range of amenities such as indoor and outdoor swimming pools, a gym, a sauna, and a steam room.
The development is designed to cater to a variety of lifestyles and preferences, with different types of units available to meet different needs. The apartments will range from studio units to four-bedroom units, while the villas will range from four to six bedrooms.
The OIA compound is expected to be completed in 2023, and demand for the development is already high, with investors and buyers showing considerable interest. The compound’s prime location, coupled with the luxury amenities and world-class facilities, make it an attractive investment opportunity for those looking to buy into the new administrative capital.
Overall, the OIA compound is set to be a game-changer for luxury living in Egypt. Its prime location, coupled with its world-class facilities and amenities, make it an attractive destination for both residents and investors alike.