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It is certain that the New Administrative Capital is one of the most important investment projects that the state is building during the current period, and it is also considered the civilized facade of the New Republic as a future city in terms of good planning, services, finishes, green spaces, gardens and other features that any citizen would every dream for, whether for housing or work or trade.
1- Do not buy your commercial unit from an unknown company or one that does not have a clear business history, but you should go to a well-known company in the market that has a successful business chain and has a commercial name, an official website, and a good reputation.
2- Do not buy your unit by making a phone call or a message sent via WhatsApp or email, or through promotional ads photos and videos that do not exist in nature, so as not to fall under false advertising, but go to the company's headquarters and make sure of its actual presence, then choose your unit carefully .
3- It is beneficial for you not to buy commercial units in the New Administrative Capital, whose delivery period is longer than two years, so be keen to own a unit as soon as you pay for it, whether this is installments or cash with documented and legitimate contracts.
4- The real estate companies in the Administrative Capital offer the best investment offers and extended installments up to 10 years and other offers and advantages, so it is better for you to move away from the cash system and benefit from the exclusive offers that it has, which enables you to own your commercial unit only with a 20% down payment, but before that you must ensure that you are financially able to pay the installments on the scheduled dates, so as not to be subject to a late fine.
5- You must have a legal advisor when signing the contract with the company in order to explain to you all the points in the contract, and also explain to you the penalty terms imposed on you in the event that one of the parties violates one of the conditions in the contract.
6- You should make buying from associations affiliated with workers in ministries or agencies your second choice, given that cooperatives and housing associations have problems related to changing boards of directors and the conflicts that govern them, which causes you problems related to the delays in the projects.
7- It should be noted that investment within the New Administrative Capital is medium and long-term, so you should not believe the companies that tell you to increase the price of the unit that you got within a year or even 5 years of purchase, and also do not believe the companies that convince you to double your unit once you receive it, because it might me somehow delusional that some companies want to advertise and sell their units, nothing more.
8- The prices of commercial units have risen within the Administrative Capital, given that the companies operating in them have obtained lands at high prices ranging from 3 to 5 thousand pounds per square meter.
9- It is better for you to buy in the New Administrative Capital for the purpose of housing or investment, in order to enjoy the wonderful services available in it and not to lock your money in the bank, as the currency loses its value with time, unlike real estate.
10- The resale process, or what is called resale, is not the most appropriate option in the New Administrative Capital, as you will not find anyone who buys your unit for cash, even if it is a real opportunity and has a special offer, and this is due to the high unit prices. Whoever makes the purchase decision will think carefully about this decision before taking the step of buying.
Contact Developments presented its first project in the New Administrative Capital, which is Mercury Business Complex. Contact Developments is a leading real estate development company with more than 20 years of experience in the field of real estate investment, and this was evident in all its projects.
Contact launched its first project, Mercury Business Complex, specifically in the Downtown area, and Contact was keen to use the latest architectural designs and worked to provide high-quality services in addition to its keenness to provide various spaces that suit all investment activities.
The units' spaces within Mercury varied, starting from 20 square meters, and these units varied between commercial, administrative, and medical units.
The price per meter for Mercury Business Complex medical units with full finishing starts from 23,000 EGP, and from 40,000 EGP for commercial units without finishing, and from 22,000 EGP for the administrative meter with full finishing.
Contact Developments was keen to provide competitive prices for its units within Mercury, so you can easily reserve your unit with only a 10% down payment and installments over the longest possible period without interest.
Quan Tower, the New Administrative Capital, is the second project of Contact Developments in the Central Business District area. It is a commercial, administrative, and medical mall. It was established on an area of 10,000 square meters, with an area of about 4,093 square meters allocated for green spaces that increase the beauty of the tower.
Contact Developments excelled in this project with its keenness to integrate basic services and utilities that every individual may need.
The tower provides various spaces, which start from 35 square meters, with practical divisions to suit various investment projects.
In its Quan Tower project, Contact Developments provided the best prices, so the price per meter for administrative units starts from 28,000 EGP, and from 65,000 EGP for commercial units, and from 32,000 EGP for medical units.
Contact Developments was keen to provide convenient payment facilities and payment systems, so you can reserve your investment unit within the most luxurious investment projects in Quan Tower only with a 10% down payment and the remaining amount via installments up to 12 years without interest.
Contact Developments launched its third project in the heart of the New Capital, which is Cayo Mall.
A huge commercial mall will be established on an area of about 7,500 square meters in the shopping district.
The mall consists of a ground floor + 4 recurring floors with distinct divisions, and Contact was keen to provide various spaces within its Cayo Mall project, so the unit spaces start from 30 square meters.
It also provided competitive prices for its units inside Cayo Mall, so the unit price per meter starts from 86,000 Egyptian pounds, with a 10% down payment and extended installments for the longest possible period. It also provided huge discounts on its units when paying cash.
Contact is an Egyptian joint stock company established with the participation of a group of real estate experts with tremendous experience in the field of real estate investment. Contact's goal is to obtain customer satisfaction and gain their trust by providing the best investment projects with the best prices and designs, and thus competing with other real estate companies.
Contact proved its worth thanks to the projects it presented, which achieved tremendous successes and gained the trust of customers, and thanks to the help of the most skilled engineers and technicians from inside and outside Egypt, such as Engineer Khaled El-Seoufin Managing Director and Engineer Ahmed Fekry, Chairman of the Board of Directors of Contact, it was able to be the first choice for customers in all projects investment.
Therefore, before you initiate the purchase of commercial units within the New Administrative Capital, you must be highly aware of the factors on which the prices of these units are determined, including:
Unit location
defined spaces
Available services and facilities
Unit prices
You must pay great attention to these factors before taking the purchase step, to enjoy an unparalleled commercial unit and to ensure the success of your investment.
