Find out in this article all about La Verde Compound New Capital; including its most significant privileges, unit characteristics, and methods of payment.
Advantages of New Administrative Capital
New Administrative Capital is considered a source of the Egyptian economic growth, and the main part of the structural development in all aspects.
A joint-stock company has been established for the sake of managing the project of New Administrative Capital, with a capital estimated by EGP6,000,000, and with the involvement of the following stockholders:
- New urban communities authority
- National Service Projects Organization
- Armed Forces land projects organization
The company is responsible for planning, constructing, and developing projects of New Administrative Capital.
The new capital is located 45 km away from east Cairo on “Cairo- Suez” Road, and near to Regional Ring Road.
New Administrative Capital also includes:
- A central park twice as big as New York’s central park
- Artificial lakes
- 200 educational facilities
- Technological park
- 663 hospitals and clinics
- 1250 mosques
- 40,000 hotel rooms
- An amusement park on an area four times the size of Disney Land
- Solar energy farms on 90 km
- An electric railway that connects the capital with Cairo
- A new international airport
Quick facts about compound’s real estate developer
La Verde Egypt is a real estate investment and development company. It’s one of the major entities in Egypt and the middle east in the real estate market.
The company has a rich record of constructed residential projects and other under-construction projects in different fields and locations.
La Verde aims at continuous development and innovation, depending on its cadres and relations with major names in the field of design and execution.
La Verde Compound location
The compound is located in the heart of New Administrative Capital, in Area R8 near to Anakaji Compound New Capital.
Here are the most significant vital areas near to La Verde Resort New Capital:
- Embassies District
- Presidency headquarter
- Ministries District
- Conference Center
- It’s near to the new airport of New Administrative Capital
- It overlooks the green river
- It’s also located in front of opera house
La Verde Compound size
La Verde projects occupy a huge area inside New Administrative Capital; as it lies on 35 feddans by about 147,000 M2.
About 22% of compound’s whole area is allocated for buildings, while the rest is assigned for green areas, landscape, and other entertaining services. Thus, it’s an evidence on executing company’s intention to encourage preserving people’s health and creating a clean environment adequate for residents’ requirements.
The following are various sizes of apartments and villas in La Verde Compound:
- Ground floor apartments: with a size of 145 M2, with a garden of 65 M2 to 203 M2
- Upper apartments: with sizes starting from 135 M2 to 325 M2
- Duplexes: with sizes starting from 270 M2 to 346 M2
- Penthouses: with sizes starting from 182 M2 with a garden of 62 M2, to 255 M2 with a garden of 80 M2
- Villas: with the following size:”240 M2 for land, 510 M2 for buildings, and 250 M2 for the garden”
Advantages of La Verda Compound
La Verde Compound New Capital is advantaged with all what the ambitious person may look forward to, and it lies in a unique position among its competitors; as the compound includes:
- An administrative building
- A trade mall
- International nursery
- Artificial lakes
- Esplanades provided with tracks for cycling, walking, and running
- A social club and swimming pools
- Running track
- Medical center
- Tennis and Squash courts
- It’s located near to the Ring Road and “Cairo- Suez” Road
Prices and methods of payment in La Verda Compound
La Verde Compound offers very easy methods for payment; among them:
- 0% deposit and installments up to 5 years
- 8% deposit and installments up to 6 years
- 10% deposit and installments up to 7 years
- 15% deposit and installments up to 8 years
Square meter price starts from EGP9,000, and villa prices start from EGP12,000,000
*It’s worth mentioning that prices named above are changeable. We, in Aqarmap, are continually keen on updating prices list of districts, for keeping the client informed with the latest updates in real estate market, in addition to measuring demand indicators though Aqarmap Index.