Who Is The Developer of Menorca New Capital Compound?

New Capital Menorca Compound is a residential complex that contains many residential units of various spaces such as apartments, villas, and duplexes, the project is located within the New Administrative Capital, and there are many features provided by the executing company to ensure the comfort of customers for more click Egypt Real Estate.

Menorca is one of the most important projects in the New Capital, it is located in the eighth residential area R8 within LA plot, and will be adjacent to Al Sefarat Neighbourhood and the Hilton Hotel.

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Space of Menorca New Capital

• The total area of the project is 17.5 acres, and Al Marwa Company has fully marketed 15% of the units.
• 17 buildings will be built and a large number of residential units will reach 740 units.
• The executing company allocated 19% of the total project area to the green spaces.
• The residential units will be delivered three years from now, i.e. in 2022.
• The compound will provide multiple spaces of units, either apartments or duplexes according to customers' desires and range from 115 m² up to 254 m².
• The project will include the construction of a commercial center inside and will have more than one distinctive commercial unit.

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The Real Estate Developer of Menorca Compound

Mardev Developments has launched one of the most important projects in the New Administrative Capital, and this is not the first project in the New Capital, the company has a long history of construction in Egypt, where the company has already carried out many projects, including:

• 30 villa and 9 blocks in the fifth settlement.
• 3 towers in Al Waha Neighbourhood in Nasr City.
• Two large shopping malls in Administrative Capital.
• 20 blocks in Badr City.
• 3 towers in El Basateen District.
• The court complex in Zifta in Al-Gharbia province.
• 19 Hospitals.

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Features and Services In Menorca Mardev

• Unit installment system, where the first installment will last for the first time in the new capital until 12 years, knowing that this period is completely free of interest, noticing that the first multiple installment systems within the project are free of interest with a repayment period of 5 years.
• The project also contains other features such as the price of a meter starts from 10,500 Egyptian pounds, which is a fairly small price for the other compounds, and will be purchased in the projects of the Administrative Capital all knowing that the units will be completed and equipped.
• The land on which the residential compound will be built has been licensed and that is also a big feature.
• Construction of artificial lakes within the compound with sports clubs.
• An area will be taken from the total project area and allocated as a recreational space for children.
• Security and guarding.
• Mosque, swimming pools.
• Commercial areas and centers.
• Fitness units and sports, health and social club

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Prices and Payment Systems

• The price per meter starts from 11,500 up to 12,500 EGP, provided that the apartment shall be delivered Super Lux, there is also an installment plan for more than 10 years without down payment, and the company offers many offers to reduce prices and has previously announced a reduction in the price of a meter to 11,000 pounds per unit without discrimination.

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