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Your comprehensive guide to know the most important advantages and disadvantages of Menorca Compound

Your comprehensive guide to know the most important advantages and disadvantages of Menorca Compound
29th Jan 2020

Website of Menorca Compound in the New Administrative Capital

In an unprecedented move, Menorca Compound within the New Administrative Capital enjoyed one of the most important geographical locations, which is difficult to find, as the compound is located on a 4L plot within the 8th residential district in the New Administrative Capital area.

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This area is known to be one of the most elegant upscale neighborhoods that includes next to it a number of luxurious projects as well as a large number of commercial and administrative malls.

The compound is located on the most important main roads in the New Capital, which are:

It is located on the main axis such as the southern Mohammed bin Zayed axis and the Axis of Hope.

It is near the New Administrative Capital International Airport. It is also separated from the Green River and the Embassy District by a few counted minutes.

It is 10 minutes away from the government district and the most important ministerial headquarters and banking banks.

Therefore, Menorca Capital Compound is one of the most important residential projects that includes next to it some services and facilities such as hospitals, schools, commercial centers and a number of sports clubs and a large number of services next to Menorca Capital Compound. To learn more, visit Egypt Real Estate.

All you need to know about the map of compounds in the New Administrative Capital

Space of Menorca Compound in the New Administrative Capital

On an area of about 17.5 acres, Menorca compound was erected in the New Administrative Capital, in order to establish a number of services over a large area, such as artificial lakes, green gardens and many diverse services.

As for the area of the buildings, 17 residential buildings were executed, all of which overlook the water lakes and green gardens.

The compound is also divided into three residential models as follows:

Space Model A

Apartment areas start from 115 sqm, 125 sqm, 129 sqm and 160 sqm.

The area of the duplex apartments ranges from 230 sqm to 250 sqm.

Space Model B

The apartment areas range from 185 sqm to 193 sqm.

Space Model C

The apartment areas range from 163 sqm to 168 sqm and 266 sqm.

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Payment systems and payment methods

The lowest prices in the area start at a price per meter in Menorca compound, starting from 8,350 pounds, up to 9,500 Egyptian pounds when delivering the housing unit half finished, while when receiving fully finished units, the price per meter is calculated after adding 2,500 pounds to the price per meter without finishing.

  • 0% down payment and installments over 5 years.
  • 6% down payment and installments over 6 years.
  • 10% down payment and installments over 7 years.
  • 10% down payment and payment of 10% first installment, and installments of the remaining value of the unit over 8 years.
  • 10% down payment, payment of 10% first installment, payment of 5% in the second year, and installments of the remaining amount over 9 years.
  • 10% down payment and 10% first installment, payment of 10% in the second year, 10% in the third year, and installments of the remainder in installments up to the longest period in the history of real estate reservations over 10 years.

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