What are the most important advantages and disadvantages of Menorca Compound?

Menorca Compound is a residential compound that includes many residential units of varying areas such as apartments, villas and duplexes. The project is located within the New Administrative Capital, and this compound has many advantages that the developing company has put in place to satisfy customers. For more click on Egypt Real Estate.

Learn more Properties for sale in New Administrative Capital

Overview of Menorca Compound New Capital

• Menorca Compound is one of the most important projects in the New Capital, and the compound's location will be in the 8th Residential District R8 within plot LA. The compound will be distinguished by being adjacent to the Embassies District, Hilton Hotel and Kempinski.

• The total project area is 17.5 acres, and Al Marwa has marketed 15% of the compound's units in full.

• 17 buildings will be constructed with a large number of residential units reaching 740 units.

• The developing company has allocated 19% of the total project area for green spaces that will be planted inside the compound.

• The residential units of the project will be delivered after three years from now, meaning it will be delivered in 2022 AD.

• The compound will provide different areas for residential units whether apartments or duplexes according to the client's desire starting from 115 square meters up to 254 square meters.

• The project will include building a commercial mall inside it which will also contain many distinctive commercial units.

Browse now Apartments for sale in New Administrative Capital

Learn about the most important works of Menorca Compound developer

The real estate developer responsible for the Menorca project is Mardev Real Estate Development. It is considered one of the strongest real estate investment and development companies in Egypt, so it is classified as one of the leading companies currently present. The manager of this huge company is Ibrahim Zahran. Al Marwa has also created many residential units and malls before, in addition to owning many residential apartments and villas. Here are the most prominent projects it owns:

• 9 buildings in the First and Fifth Settlement.

• It also owns 30 villas.

• It directly contributed to the implementation of 20 buildings within Badr City.

• It has built 60 schools and 19 hospitals.

All details about the best New Capital compounds

Learn about the features and services of Menorca by Al Marwa

• Menorca project has many advantages, the first of which concerns the unit installment system. For the first time, the installment period in the New Capital will extend to 12 years, knowing that this period is completely free of interest. The client only pays the remaining amount in installments without any interest accumulating on it. It is worth noting that the first installment system within the project is interest-free for 5 years during which the client can pay the installments.

• The project will also include another feature which is that the price per meter is 10,500 Egyptian pounds, which is the lowest meter price that will be purchased in all New Capital projects, knowing that the units will be finished and ready.

• The land on which the compound will be built is licensed, which is also a great feature.

• Artificial lakes will be made within the compound with sports clubs.

• Part of the total project area will be taken and allocated to be an entertainment area for children.

Easily choose your dream home Villas for sale in New Administrative Capital

What is the size of the defects within Menorca Compound New Capital?

There are no defects, on the contrary, Menorca project is one of the strongest existing projects due to the previous features mentioned which gave the project value and will make many owners want to own residential units in it to enjoy these features.

Learn more about the best compound in New Capital