All you need to know about Lakefront Compound
In this article, you will know more details about Lakefront Compound,
The latest Memaar Al Morshedy’s project in the Egyptian real-estate market. It resides on a unique location at the entrance of 6th October city with designs congruent to the European architectural, as it’s designed in collaboration with one of the finest Netherlands architectural agencies (Vander Pas Design).
Memaar Al Morshedy Profile
Memaar Al Morshedy is one of the biggest real estate companies in the Middle East throughout 35 years of hard work, new innovative and unique projects. Since its early days, Memaar Al Morshedy was always keen on providing nothing but the best in the field of real estate development and embraced an integrated strategy to keep up with market competition and the rapid technological improvement in order to meet clients’ needs.
What makes Memaar Al Morshedy unique is their choice of vital and unique areas for their projects. Memaar El Morshedy’s projects are:
- Skyline
- Katameya Gates
- One Katameya
- Rayhana Avenue
- Rayhana Plaza
- Bavaria Town Compound
- Degla View
- Crystal Plaza
- Grand Gate
- Degla Towers
Details about Lakefront
Lakefront is the latest project developed by Memaar Al Morshedy in the 6th of October city.
It’s a unique compound that possess vast green spaces, pathways, service areas and lakes. Residential areas cover only 26% of the total of 37 feddans and are arranged in a splendid breathtaking harmony.
Residential buildings consists of a basement that can be used as a garage, one ground floor and 5 floors with a total of 1,302 residential units that varies between apartments, duplexes and villas with areas that start from 109 to 344 square meters and ground floors with yards, in addition to a terrace (covered or opened).
The project also features 85% of the residential units with a special view of the lakes and water bodies.
Lakefront’s features
Lakefront is located at the 6th of October’s city entrance near Elwahat Road –the main road of the city- minutes away from Mall of Egypt, El Ashgar District, Dream Land and Egyptian Media Production City, in addition to Zewail City, the Smart Village, Zamalek Club, 5 minutes away from Al Haram street and 10 minutes away from the city’s downtown.
Services
- Marble hallways and modern glass interfaces for Buildings
- 24/7 security around the compound
- Fire alarm and emergency exits
- Huge swimming pools in the middle of Lakefront (covered and open)
- Vast green spaces covering 74% of total space
- Modern elevators and Maintenance service
- Huge mall featuring all different brands
- Restaurants and cafes
- Gyms
- Treadmills
- Four main lakes
- Garages and Parking areas
- Mosque, pharmacy and a nursery
Units and payment
Lakefront’s residential buildings are split out into one ground floor and 4-story. Ground floors include a garden at 60, 80, or 100 square meters, and villas with areas ranging from 109 to 310 square meters.
Price* per square meter starts at EGP 8,000. The compound offers installments starting with a down payment of 6%, and 10% of the total amount after 4 months 10%, 5% after 8 months, receiving payment of 25% and the rest can be paid in installments over 3 years with no interest or with 9% for 6 years.
* Please note that all prices mentioned in this article are for the first quarter of 2019 and subject to change, and we in Aqarmap try to update them regularly in our prices guide of districts. Choose between different spaces and styles in the best compounds in 6th of October, you would find many payment plans that suit all.