New Administrative Capital
Units for sale from Developer
Menorca Compound is one of the most unique residential projects of the New Administrative Capital. It is known for its elegance and beautiful views all around. In Menorca Compound, you will find yourself surrounded by a calm, pleasant environment in the heart of the New Capital, right next to its most remarkable landmarks.
Within Menorca Compound, residents get to enjoy it’s immaculate architectural designs and excellent infrastructure, which were made specifically to suit the residents of the New Capital. From wide streets, to private electricity and water stations, you will surely lead a life full of luxury within Menorca Compound. You also will not need to worry about transportation, as the new electric train is only one year away from launching, which will connect the New Capital to all its surrounding cities.
Menorca Compound is about 17,5 acres big, which makes it a relatively small compound with only 17 residential buildings making up about 740 different units that come in varying spaces and designs. Everything inside this compound was made to appeal to all kinds of tastes and needs, including each and every unit. Besides that, most of the compound’s space is dedicated to greenery, artificial lakes, recreational areas, and swimming pools that spread all over the compound.
It is also important to mention that Menorca Compound includes its own shopping mall, complete with everything any resident will ever need from restaurants, to kids play areas and much more.
Menorca Compound was developed by Mardev Developments, which is considered one of the most notable real estate development companies across the whole country. This is evident through their many other successful projects.
With so much experience in the field of real estate development, Mardev Development have a long list of successful projects to their name, rounding up to about 100 different units or buildings. Their projects range from luxurious residential to moderate residential, schools, administrative offices, buildings and villas, and more:
-30 villas in New Cairo
-9 Buildings in New Cairo
-3 residential towers in El Waha Madinet Nasr
-2 malls in the New Capital
-20 buildings for the Armed Forces Engineering Organization in Badr City
-3 towers for the Military Works in El Basateen
-19 hospitals with Wadi Al Neel Company across the whole country
-16 buildings for the New Urban Communities
-Many other projects both private and for governmental organizations
Located in the heart of the New Administrative Capital, Menorca lies close to its most lively districts in L4 of the 8th residential district, where it is a home to many prestigious residential, commercial and administrative projects.
The R8 residential district is about 2500 acres big. It has two sports clubs, one on 73 acres, the other on 35.5 acres, along with a public garden that is almost 40 acres big, and another one that is about 15 acres. The entire district is surrounded by green spaces and luxurious residential compounds. The district is also home to top-notch hotels with a medium population density making it more distinctive and beautiful than other districts in the New Administrative Capital, and it is the ideal location if you are looking for apartments or rental units.
-Green landscapes across the whole compound
-Several beautiful artificial lakes
-Many areas for shopping, along with several restaurants and cafes
-A private garage for the residents of the compound
-Various entertainment areas for both kids and adults
-An international school, a clinic and a pharmacy
-A Spa and a Gym of the highest quality
-Supermarkets to provide for all residents
-A social club that includes all different kinds of entertainment activities, along with a family health club
-Many different swimming pools
-The utmost privacy for each unit inside the compound
-Strong security systems and surveillance cameras across the whole premises of the compound
The developer of the Menorca Compound company has taken care of all the details of its project, and despite the limited project space, it has designed and used all of its expertise to create a residential project that suits all customers and their needs. Every resident will find what they want, as the compound provides various kinds of units of different spaces, top-class services, professional staff, and management.
There are three different models of buildings containing apartments for sale, ranging from small, medium and large apartments, according to three models A-B-C.
Besides its vast green landscapes and breathtaking modern architectural design, Menorca Compound offers three different unit models with different spaces.
Units are divided between three main models that target clients who are looking for moderate, big and huge apartments. Some apartments in Menorca Compound range between 115 and 160 square meters, while the duplex apartments range between 230 and 254 square meters.
As for model B, spaces range between 185 and 193 square meters.
While for Model C, unit spaces are most suitable for bigger families starting from 270 square meters.
The prices of the units offered for sale vary due to the different areas and designs, but they agree in being the most appropriate price for those with good taste and luxury lovers, in addition to the company's keenness to provide all the facilities available to customers when paying in cash or in installments
The developing company behind Menorca Compound has greatly facilitated the whole payment process for its clients through providing them with excellent payment plans, as follows:
-Clients can pay 10% of the unit’s price in advance and install the rest over 8 years
-Clients can pay 10% of the unit’s price in advance then 5% after one years and install the rest over 9 years
-Clients can pay 15% of the unit’s price in advance then 5% after one years and install the rest over 10 years
The New Capital is undoubtedly one of the most important and rapidly growing investment destinations in Egypt especially through the next few years, whereas, it includes some of the biggest residential, commercial, and administrative projects over 170,000 acres of land. The Capital was specifically designed to accommodate all state administrative organizations, ministries, parliament headquarters, embassies, the presidential palace, an airport and many local and international organizations.
Different Districts in The New Administrative Capital
The New Capital also includes many different districts such as the Sports distcrics and the Olympic district, as well as the Medical District and the Cultural District. You will also find many important streets such as the Money and Finance street, the Embassies street, the Iconic tower which is the tallest tower in all of Africa, and the beautiful Green River.
The Egyptian Government has evidently made a huge amount of effort in making the first stage of the New Capital incredible, since almost 40, 000 employees will move to the new governmental headquarters in the New Capital. This provides an excellent opportunity for investors as this will all bring competition and clients.
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