About Catalan New Capital Compound
Project Name: Catalan.
About Project: high residential compound by Gates Developments, overlooking the Green River next to all services and facilities.
Catalan Location: in the New Administrative Capital - R7.
Catalan Space: 40 acres.
Units Type: Apartments - Duplexes - Twin houses - Town Houses - Villas.
Units Space: starts from 115 m² up to 382 m².
Price per meter: it starts from 8500 EGP to 9500 EGP.
The Developer Name: Gates Developments.
Payment Methods: 0% - 25% downpayment and payment period up to 10 years.
The New Administrative Capital is a project announced by Egyptian Housing Minister Mustafa Madbouli at the Egyptian Economic Support and Development Conference on March 13, 2015, quickly became a destination for lovers of privacy and luxury together, featuring luxury residential compounds.
The new city is located 45 km east of Cairo and on the outskirts of the Second Ring Road in Greater Cairo in a new area halfway to the coastal Suez city.
It is planned to become Egypt's New Administrative and Financial Capital, comprising key government departments, ministries, and foreign embassies.
The Capital's total area is 700 km², with a population of 5 million people, and is estimated to rise to seven million.
It will soon have a major park and a new international airport.
One of its highly-ended residential compounds is Catalan Compound, where luxury Spanish designs and all basic facilities are all in place.
Catalan New Administrative Capital is one of the projects of Gates Developments Company, located in one of the highest areas of the New Administrative Capital in R7, which overlooks the Green River, and is located near the fairground, Cathedral of the Nativity and Al Sefarat (embassies) neighborhood, and is close to the Regional ring road, the residential complex is about 40 acres.
About Catalan Compound in New Capital
Catalan New Administrative Capital is the ideal choice for people searching for highly distinguished services near the Administrative Capital's vital locations, and this project is one of the projects being executed by Gates Developments.
It is Classified as an integrated residential compound with high-end Spanish designs, making the project different from the rest of the Capital's projects.
The Compound is also located in the 7th district, R7, near all the services and vital places you need on an area of 40 acres, you can reach the compound through many roads including the regional ring road.
A Brief about the Executing Company
Gates Developments is the executing company of Catalan New Capital project where it was established in 2018 as a new branch of Gates Company, which is the parent company where its establishment dates back to 1995 and therefore it has experience in the field of real estate development up to 25 years as it is a company that manages steel and military equipment factories, Wadi Factory and Beni Suef Factory.
It has also been characterized by residential works and projects in the heart of the New Administrative Capital, including Audaz mall Administrative Capital, and Catalan New Capital Mall as the company is always interested to gain the trust of its customers as it offers all that is new and diverse in the field of real estate through its previous and existing projects.Read more about the project
Catalan New Administrative Capital Location
Gates Development, the executing company, has been keen to select the R7 plot for the construction of the project, and it is one of the most distinguished places within the New Capital for the following reasons:
- The project has a charming view of the Green River.
- The Compound is located near the government district and the diplomatic quarter, which is one of the most beautiful and prestigious neighborhoods of the Administrative Capital.
- It is close to Fairgrounds, the government district, and the central business district of the New Administrative Capital.
- As for the roads leading to the project, you can reach the compound via Sheikh Zayed axis, the main lifeline within the capital, as well as through the ring road.
Features of life inside Catalan Gates Developments
- Vast green spaces with more than 75% of the project area.
- A giant shopping mall.
- Artificial lakes and swimming pools with different sizes in order to suit adults and young people.
- Restaurants and cafes.
- Medical clinics and pharmacies.
- A social club.
- Various sports grounds.
- Gym and Spa.
- Beauty centers.
- Kids area.
- International schools, private nurseries, and universities.
- 24/7 security and guarding.
Spaces and Division of Residential Units in Catalan
The real estate developer has been keen to distribute the space between buildings and green spaces, as the percentage of buildings is only 22% of the total space while the rest of the area was allocated to landscapes, artificial lakes, and amenities in order to ensure the comfort of the customer.
The types of residential units vary among apartments - duplexes - twinhouses - townhouses - villas with different spaces starting from 115 m² up to 382 m².
Residential Units Spaces and Prices
There are apartments in Catalan New capital Egypt with space starting from 115 m² consisting of (3 bedrooms + 3 bathrooms) with price starts from 1,520,000 EGP.
160 m² apartment overlooking a garden consisting of (2 bedrooms + 2 bathrooms) with price starts from 1,639,000 EGP.
175 m² apartment overlooking the main street consisting of (3 bedrooms + 3 bathrooms) with price starts from 1,757,000 EGP.
185 m² apartment consisting of (3 bedrooms + 3 bathrooms) with price starts from 1,635,000 EGP.
185 m² apartment overlooking a garden consisting of (3 bedrooms + 3 bathrooms) with price starts from 1,665,000 EGP.
195 m² apartment overlooking the main street consisting of (3 bedrooms + 3 bathrooms) with price starts from 1,774,500 EGP.
200 m² semi-finished apartment consisting of (5 bedrooms + 3 bathrooms) with price starts from 1,777,600 EGP.
200 m² apartment overlooking a garden consisting of (3 bedrooms + 2 bathrooms) with price starts from 1,700,000 EGP.
363 m² Duplex consisting of (5 bedrooms + 3 bathrooms) with price starts from 3,507,000 EGP.
Villas: the Compound has villas with different spaces with a garden and swimming pools.
Installments system in the project and payment methods of units in Catalan Compound
The price per meter within Catalan Administrative Capital starts from 8,500 EGP up to 9,500 EGP according to the finishing system provided to you.
Gates Development has been keen to provide many installments systems as the following:
The First installment system
You can get the unit without a downpayment, and the remaining in equal installments up to 5 years.
The Second system
5% of the total unit value paid as a downpayment at the time of the contract and installments up to 6 full years.
The Third system
10% downpayment of the total unit value and the repayment period is up to 7 full years.
The Fourth system
15% downpayment of the total unit value and the repayment period is up to 8 full years.
The Fifth system
25% downpayment of the total unit value and the repayment period is up to 10 full years. (The longest payment period in the compound).
The date of delivery of the Catalan compound
The real estate developer has announced that the residential units will be delivered with a full finishing system or semi-finishing according to the customer's desire.
As for the delivery date, at least 65% of the units are scheduled to be delivered within 4 years of contracting.
Note that the prices and spaces mentioned herein are for the first half of 2019, and therefore it is changeable, and we, Real Estate Egypt, are keen to update the spaces and the list of residential and commercial units' types and prices constantly to keep the customer informed of the real estate market changes.