New Capital Compounds are a popular choice for those looking for a modern and luxurious lifestyle in Egypt’s new administrative capital. These residential compounds offer a range of amenities and facilities, making them an ideal choice for families, young professionals, and retirees alike. If you’re considering investing in a property in the New Capital, here is what you need to know about these compounds.
• Location: The New Capital Compounds are strategically located in the heart of Egypt’s new administrative capital, offering easy access to major highways and transportation links. This makes them an ideal choice for those who want to enjoy a comfortable and convenient lifestyle while still being close to the city’s major attractions.
• Amenities: Most New Capital Compounds offer a range of amenities and facilities, including swimming pools, gyms, parks, and playgrounds. Some compounds also have shopping centers, restaurants, and cafes, making them a self-contained community that has everything you need within reach.
• Investment: Investing in a property in a New Capital Compound can be an intelligent financial decision, as the demand for properties in the area is expected to rise in the coming years. Additionally, many of these compounds offer flexible payment plans and attractive financing options, making it easier for buyers to invest in their dream home.
Overview of New Capital Compounds
New Capital Compounds are residential communities located in the New Administrative Capital, Egypt’s new capital city. The New Capital is a planned city located east of Cairo, designed to alleviate the capital’s congestion and provide a modern, sustainable living environment for its residents.
The compounds in the New Capital offer a range of housing options, from studios to villas, with various amenities and facilities. They are built by reputable developers who have a track record of delivering quality projects.
Here are some key features of New Capital Compounds:
- Location: The compounds are located in the heart of the New Capital, close to significant landmarks and attractions, such as the Green River, Central Park, and the Presidential Palace.
- Amenities: The compounds offer a range of amenities, such as swimming pools, gyms, restaurants, and cafes. Some compounds also have shopping malls, cinemas, and schools.
- Security: The compounds are gated communities with 24/7 security, ensuring the safety and privacy of residents.
- Sustainability: The compounds are designed to be environmentally friendly, with features such as solar panels, green roofs, and water recycling systems.
Overall, New Capital Compounds offers a modern, luxurious living experience in a planned city that is set to become a hub of business, culture, and innovation in Egypt.
Key Developers and Projects
Talaat Moustafa Group
Talaat Moustafa Group (TMG) is a well-known developer in the New Capital with several ongoing projects. One of their most notable projects is The Loft, which is a mixed-use development that includes residential, commercial, and administrative units. The Loft offers a variety of unit types and sizes, ranging from studios to four-bedroom apartments, with prices starting from EGP 1.2 million.
Misr Italia
Misr Italia is another prominent developer in the New Capital, with a range of projects such as Vinci, Il Bosco, and La Verde. Vinci is a mixed-use development that offers residential units, offices, and commercial spaces, with prices starting from EGP 1.4 million. Il Bosco is a residential compound that boasts a green environment and a variety of amenities, with prices starting from EGP 1.5 million. La Verde is a luxury residential compound that offers villas and twin houses, with prices starting from EGP 5.5 million.
Living Yards Developments
Living Yards Developments is a developer that has recently entered the New Capital market. Their flagship project is The Curve, a mixed-use development offering residential, commercial, and administrative units at prices starting from EGP 1.1 million. The project is designed to cater to different lifestyles, with a range of unit types and sizes available.
Taj Misr Development
Atika is a well-known project by developer Taj Misr Development in the New Capital. Atika is a residential complex with a range of unit sizes and kinds available, with prices beginning at EGP 1.1 million. Unit types include studios and four-bedroom apartments. The project’s amenities, which include a clubhouse, a gym, and a swimming pool, are intended to provide residents an opulent lifestyle.
These are some of the key developers and projects in the New Capital. Other notable projects include Armonia by The Land Development Company, a residential compound offering a range of unit types and sizes, with prices starting from EGP 1.2 million. Another project is Midtown by Better Home, a mixed-use development offering residential, commercial, and administrative units, with prices starting from EGP 1.4 million.
Residential Options in the New Capital
The New Capital of Egypt offers a wide range of residential options, from apartments to villas, twin houses, duplexes, penthouses, and studios. Here are some of the most popular residential options available in the New Capital:
Apartments
Apartments are the most common residential units in the New Capital. They are available in different sizes, ranging from 80 square meters to 300 square meters. The prices of apartments vary depending on their location, size, and amenities. Most of the apartments in the New Capital are located in residential compounds, which offer a safe and secure environment for families.
Villas
Villas are the perfect choice for those who want to enjoy a luxurious lifestyle in the New Capital. Their dimensions vary, with options spanning from 400 to 1000 square meters. In the New Capital, villas are typically found in gated communities that provide a great degree of privacy and security.
Twin Houses and Duplexes
Twin houses and duplexes are becoming increasingly popular in the New Capital. They offer a more spacious living environment than apartments, with the added benefit of a private garden or terrace. Twin houses and duplexes are available in different sizes, ranging from 200 square meters to 500 square meters.
Penthouses and Studios
Penthouses and studios are the perfect choice for those who want to enjoy a modern and minimalist living environment in the New Capital. Penthouses are available in different sizes, ranging from 100 square meters to 300 square meters. Studios, on the other hand, are smaller units that are perfect for singles or young couples.
In conclusion, there are many various residential options available in the New Capital of Egypt to accommodate a variety of budgets and lifestyles. The New Capital is the ideal place to find a home, whether you are searching for a contemporary apartment or a large villa.
Commercial and Investment Opportunities
New Capital Compounds provides a range of commercial and investment opportunities for those looking to expand their business or invest in real estate. With varied spaces and shapes of housing units, including studio apartments, luxury apartments, duplexes, penthouses, twin houses, townhouses, and independent villas, as well as shops, medical and administrative units, and commercial ones, the compounds cater to a wide range of needs and preferences.
Retail Spaces
Investors can benefit from the rapid urban development in the New Capital area by investing in retail spaces in the compounds. The retail spaces offer a unique investment opportunity, as they provide a steady stream of income and the potential for significant financial returns in the long term. The compounds feature a range of retail spaces, from small shops to large commercial units, catering to the needs of various businesses.
Office Units
A variety of office units are available from New Capital Compounds for companies wishing to grow or relocate. The compounds offer a contemporary and professional setting with cutting-edge amenities to meet the demands of different types of enterprises. The consistent demand for office space in the New Capital region and the possibility of large long-term financial returns are advantageous to investors.
Investing in New Capital Compounds provides investors with a unique opportunity to benefit from the rapid urban development in the area, which reflects sustainable and robust economic growth. By investing in these compounds, investors can achieve significant financial returns in the long term and enjoy residential stability. The compounds also offer a range of property management services, ensuring that investors can maximize their returns and minimize their risks.
Location and Connectivity
Proximity to Cairo
New Capital Compounds are located near Cairo, the capital of Egypt. This makes it ideal for those who want to enjoy the benefits of living in a modern city while still being close to their place of work or study.
Access to Major Roads
New Capital Compounds are well-connected to major roads such as the Suez Road, Ain Sokhna Road, and the Green River. This makes it easy for residents to travel to and from the compound to other parts of the city.
The R7 and R8 districts, where many of the compounds are located, are situated in the eastern part of the city, near Badr City. This provides easy access to the Cairo International Airport and other important areas of the city.
In addition, the compounds are situated on three main roads with widths of 60, 60, and 40, making it easy for residents to access the compound from any direction.
Overall, the location and connectivity of New Capital Compounds make it an ideal choice for those who want to enjoy the benefits of living in a modern city while still being close to their place of work or study.
Pricing and Payment Plans
New Capital Compounds offers a range of properties with varying prices and payment plans. Here is a breakdown of the costs for apartments and villas in these compounds:
Apartment Costs
- Prices for apartments in New Capital Compounds start from 4,060,000 EGP for a 3-bedroom space spanning 145 m2 in Lumia Compound R7.
- Duplexes in Lumia Compound start at 235 m2 with a starting total price of 6,580,000 EGP.
- Ramadan Compound offers units with prices starting from 4,437,000 EGP, with prices per meter ranging between 30,600 EGP.
- Lumia New Capital Compound offers up to a 35% discount for cash payments.
- Payment plans for apartments in New Capital Compounds usually require a down payment of 0-10% and can be paid off in installments over ten years.
Villa Pricing
- Villas in New Capital Compounds are generally priced higher than apartments, with prices starting from 6,000,000 EGP.
- Castle Landmark offers luxury villas with prices starting from 16,000,000 EGP.
- Payment plans for villas in New Capital Compounds usually require a down payment of 10-20% and can be paid off in installments over 10-15 years.
It is important to note that prices and payment plans may vary depending on the compound and the type of property. Interested buyers should consult with the developers or real estate agents for the most up-to-date information.
In conclusion, New Capital Compounds offers a range of properties with varying prices and payment plans. Interested buyers can choose from apartments and villas with prices starting from 4,060,000 EGP and 6,000,000 EGP, respectively. Payment plans usually require a down payment of 0-20% and can be paid off in installments over 10-15 years.
Amenities and Services
Educational Facilities
The New Capital Compounds offer a range of educational facilities to cater to families’ needs. Several reputable schools and universities are in the area, including the American University in Cairo and Future University in Egypt. These institutions provide quality education for children of all ages, from kindergarten to university level.
Health and Medical Services
The compounds in the New Capital offer a variety of health and medical services. Clinics and medical centers are equipped with modern facilities and staffed by experienced medical professionals. Residents can access a range of services, from routine check-ups to emergency care.
Recreational Amenities
The New Capital Compounds provide a host of recreational amenities for residents of all ages. There are numerous parks and green spaces where families can enjoy picnics and outdoor activities. The compounds also offer swimming pools, sports facilities, and gyms for those who want to stay active.
Other amenities and services available in the New Capital Compounds include:
- Spa and wellness centers
- Restaurants and cafes
- Shopping centers and malls
- 24-hour security and surveillance
Residents of the compounds can enjoy a comfortable and convenient lifestyle with access to all the necessary amenities and services.
Lifestyle and Community
New Capital compounds offer a luxurious lifestyle with a strong sense of community. Here are some of the critical features that residents can expect:
Green Spaces
Many compounds in New Capital boast beautifully landscaped gardens and green spaces, providing a peaceful and relaxing environment for residents to enjoy. Some of the compounds even have their own parks, complete with walking and jogging paths, playgrounds, and picnic areas.
Water Features
Water features are a common sight in New Capital compounds, with many offering stunning views of lakes and fountains. Some compounds even have their own private lakes, providing residents with a tranquil and serene setting to unwind and relax.
Cultural and Social Hubs
New Capital compounds are designed to provide residents with a complete lifestyle experience. Many compounds have their own cultural and social hubs, offering a variety of entertainment options for residents of all ages. These hubs can include anything from cinemas and theaters to shopping centers and restaurants.
Residents can also take advantage of the many cultural and social attractions in the surrounding area. The New Capital is home to several iconic landmarks, including Central Park, Entertainment City, and the Opera House.
For those seeking spiritual fulfillment, many compounds have their mosques, providing residents with a convenient and peaceful place to worship.
Overall, New Capital compounds offer a luxurious and comfortable lifestyle, with a strong sense of community and a wide range of amenities and attractions.
Strategic Importance
New Capital Compounds are of great strategic importance for Egypt and the Middle East region. They significantly impact the country’s economic and political landscape.
Economic Impact
The New Capital Compounds have attracted considerable investment from both domestic and international investors. They offer a range of residential and commercial properties, including apartments, duplexes, villas, and office spaces. The compound’s development has created job opportunities for the local population, contributing to the economic growth of the region.
The compounds’ location in the New Administrative Capital provides easy access to major highways and transportation links, making them an attractive investment opportunity for businesses looking to expand their operations in the region.
Political Significance
The New Capital Compounds symbolize Egypt’s ambition to become a modern and developed country. Their development is part of the country’s vision to create a new administrative capital that can accommodate the growing population and provide modern infrastructure and facilities.
The compounds’ development has been a priority for the government, and it has received significant support from the authorities. The compounds’ success is crucial for the government to demonstrate its ability to deliver on its promises and attract further investment to the country.
In conclusion, the New Capital Compounds are a vital part of Egypt’s development strategy, and their success is crucial for the country’s economic and political future. The compounds’ development has created significant investment opportunities and job opportunities for the local population, making them an essential contributor to the region’s economic growth.
Infrastructure and Urban Planning
Roads and Transportation
New Capital Compounds are designed to have modern and efficient transportation infrastructure. The compounds are equipped with well-planned roads, highways, and bridges to ensure smooth and easy movement of people and goods. The developers have ensured that the compounds are well-connected to the city’s major highways, including the Cairo-Suez Road, making it easier for residents to travel to and from the city. The compounds also have a well-planned public transportation system, including buses and trains, to provide residents with easy access to different parts of the compounds and the city.
Residential Districts
New Capital Compounds are designed to provide residents with a comfortable and modern living experience. The compounds have well-planned residential districts that offer a range of housing options, including villas, apartments, and townhouses. The residential districts are equipped with modern amenities, including parks, playgrounds, and community centers, to provide residents with a high quality of life. The compounds are designed to be safe and secure, with 24/7 security and surveillance systems to ensure the safety of residents.
Business and Commercial Areas
New Capital Compounds are designed to be self-sufficient and offer residents everything they need within the compounds. The compounds have well-planned business and commercial areas that provide a range of services, including shopping malls, supermarkets, and restaurants. The compounds also have well-planned office spaces to provide residents with easy access to work. The developers have ensured that the compounds are well-connected to the city’s central business districts, including Downtown and Madinaty, making it easier for residents to conduct business.
In conclusion, the New Capital Compounds are designed to be a future city with modern and efficient infrastructure and urban planning. The compounds are well-planned and offer residents a comfortable and contemporary living experience. The developers have ensured that the compounds are well-connected to the city’s major highways and business districts, making it easier for residents to travel to and from the city and conduct business. The compounds are expected to attract embassies and international companies, making it a hub for global business.
Real Estate Market Trends
Demand for Properties
The current market has a high demand for properties, with investors looking to capitalize on the potential for high returns. This has led to an increase in investment in the real estate sector, with developers seeking to meet the demand for new properties.
One notable trend is the focus on high standards for new properties, with developers aiming to meet the needs of discerning buyers. This has led to the development of properties that offer a range of amenities, such as swimming pools, gyms, and green spaces.
Development Progress
The real estate market is constantly evolving, with developers seeking to meet buyers’ changing needs. One notable development is the rise of digital platforms such as Aqarmap, which are changing the way that buyers and sellers interact.
In addition, market trends indicate a growing demand for sustainable properties, with developers seeking to meet this need by using eco-friendly materials and energy-efficient designs.
Overall, the real estate market is showing significant growth potential, with investment in the sector on the rise. Developers are responding to the demand for high-quality properties, focusing on meeting buyers’ changing needs. As the market continues to evolve, further developments that reflect these trends are likely.
Frequently Asked Questions
What are the key features of residential compounds in Egypt’s new administrative capital?
Residential compounds in the new administrative capital offer a luxurious lifestyle with modern amenities. The compounds are designed to provide a comfortable and convenient living experience for residents. They offer a wide range of facilities, including green spaces, swimming pools, gyms, and recreational areas. The compounds also provide 24/7 security and maintenance services.
How does the urban plan for the new administrative capital differ from Cairo’s?
The new administrative capital’s urban plan is designed to be more sustainable and modern than Cairo’s. It is built on a smart city concept that integrates technology and innovation to enhance the quality of life for residents. The new capital’s urban plan also prioritizes green spaces, public transportation, and pedestrian-friendly streets.
What are the investment opportunities in the new administrative capital’s compounds?
Investing in residential compounds in the new administrative capital is a promising opportunity due to the city’s potential for growth and development. The compounds offer high-end living and are expected to attract a diverse community of residents, including professionals, families, and retirees. Additionally, the government of the new capital is offering incentives for developers and investors to participate in its development.
Can you list the amenities provided in the compounds of the new administrative capital?
The compounds in the new administrative capital offer a wide range of amenities, including:
- Green spaces and parks
- Swimming pools
- Gyms and fitness centers
- Recreational areas
- Restaurants and cafes
- Shopping centers
- 24/7 security and maintenance services
How does the NBE Capital Compound contribute to the development of the new capital?
The NBE Capital Compound, a mixed-use development with office, retail, and residential buildings, is a significant factor in the creation of the new administrative capital. The compound is designed to give workers and residents a contemporary environment in which to live and work. It also bolsters the government’s goal of making the future capital an intelligent, sustainable metropolis.
What is the projected population density in the new administrative capital compared to Cairo?
The new administrative capital is designed to accommodate a population of 6.5 million people, which is significantly less dense than Cairo’s population of over 20 million people. The new capital’s urban plan prioritizes green spaces and public transportation to reduce congestion and improve residents’ quality of life.
