Apartments 148m for sale in The Median New Cairo

Apartment 2 Bedrooms for Sale in The Median - New Cairo

2    1
Reference: GB58943
EGP 3,967,168
Category:
Apartments / Sale
Price:
EGP 3,967,168 Installment
Price / Sqm:
EGP 26,805 Per Sqm
Finishing Status:
Core & Shell
Area:
148 M2
No of Floors:
Bedrooms:
2
Bathrooms:
1
Delivery Date:
2025
Allowable height:
Last Updated:
Thu 18 May 2023

As a legal professional, I would like to provide a legal perspective on The Median New Cairo, a high-end residential and commercial development located in the new Cairo area of Egypt.

The Median New Cairo is an impressive mixed-use development comprised of residential units, commercial spaces, retail outlets, and recreational amenities. While The Median New Cairo offers an exceptional opportunity for residents and investors, it is crucial to be aware of the legal considerations when making any real estate investment.

One of the primary legal aspects to consider is the documentation process. It is crucial to verify that the property you are interested in is registered and documented legally. This includes obtaining valid ownership documents, property titles, and any other certificates or permits that may be required for the specific property. Buyers should also ensure that the property has been built according to the approved plans, and all necessary permits and licenses have been obtained from the relevant authorities.

Another critical legal consideration is the payment plan and schedule. Potential buyers should ensure that the payment contract is comprehensive, legally binding, and transparent. It should include the payment terms, interest rates, and any penalties that may apply. Moreover, potential buyers should review the contract for any hidden fees, taxes, or commissions that may arise during the purchase process or afterward.

It is also crucial to review the service and maintenance contracts for The Median New Cairo's residential and commercial units. It is essential to ensure that the service contract is comprehensive and well-documented, covering all essential services and amenities like security, maintenance, recreation, and concierge services in the project.

Finally, to ensure a smooth and successful transaction, it is advisable to engage the services of a licensed and reputable real estate lawyer. An experienced lawyer can provide invaluable legal guidance and advice throughout the transaction process, review contracts and helps facilitate the transaction from a legal perspective.

In conclusion, The Median New Cairo is an exceptional mixed-use development in Egypt offering luxurious living and commercial spaces with state-of-the-art amenities. However, it is important to consider the legal aspects mentioned above before making a real estate investment. Engaging the services of a qualified and knowledgeable real estate lawyer can help mitigate risks and provide legal clarity and support throughout the transaction.