Apartments for sale in New Capital The City

3 Bedrooms Apartment for Sale in The City New Capital

3    2
Reference: GB46210
EGP 1,655,500
Category:
Apartments / Sale
Type:
Flat
Price:
EGP 1,655,500 Installment
Price / Sqm:
EGP 10,477 Per Sqm
Finishing Status:
Semi Finished
Area:
158 M2
No of Floors:
Bedrooms:
3
Bathrooms:
2
View:
Land Space
Price:
EGP 1,655,500
Down Payment:
EGP 765,000
Delivery Date:
2028
Allowable height:
Last Updated:
Tue 23 May 2023

The City New Capital Egypt is a new megacity that is being built near Cairo, Egypt. The city is being constructed to alleviate overcrowding in Cairo and to serve as a new center of government and business. The city is expected to be completed by 2022 and will be home to over five million people.

The project is the largest urban development project in the Middle East and Africa and is being funded by the Egyptian government, the Abu Dhabi Investment Authority, and the China Fortune Land Development Company. The city will be home to a new administrative capital, a new financial district, and a new international airport. It is expected to become the new center of government, business, and culture in Egypt.

The city will be built on an area of approximately 70,000 acres and will feature a variety of residential and commercial properties, parks, cultural sites, and educational institutions. The city will also feature a modern transportation system, including a metro system, a light rail system, and a high-speed rail link to Cairo.

The city is expected to create over one million jobs and will be a major economic driver for the country. It is also expected to attract foreign investment and tourism, as well as create a modern and vibrant center of culture, art, and entertainment.

The City New Capital Egypt is a major step forward for Egypt and will have a major impact on the country's economy and development. It is hoped that it will be a model for other countries in the Middle East and Africa to follow.