APARTMENT FOR SALE IN MADINATY

for sale apartment with garden 325m fully finished

Property Type:

Apartment

Property Size:

3,498 sqft / 325 sqm

Bedrooms:

4

Bathrooms:

4


14,000,000 EGP

Payment method

Cash



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Location

Map

Madinaty

Cairo

Agent

aya ahmed 20

Global Hills

(331 Properties)

Description

Madinaty
شقة ارضي بجاردن للبيع ف مدينتي
في ال B3
نموذج٧٠٠
مساحة:325m
جاردن: 80m(مزروعه)
السعر :١٤مليون



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Madinaty
suburb

Madinaty is located in EgyptMadinatyMadinaty
Location in Egypt
Coordinates:
Country Egypt
Governorate Cairo Governorate
Time zone UTC+2 (EST)
Madinaty (Arabic: مدينتى Egyptian Arabic pronunciation: [mæˈdenti], "My City") is an 8000 acre real estate development project, in the New Cairo satellite city,[1] in the Eastern Area of Cairo, Egypt.[2]

Overview
The project is developed by the Arab Company for Projects and Urban Development SAE, a subsidiary of the EGX listed Talaat Mostafa Group Holding which is ultimately majority owned by the Egyptian Talaat Mostafa and the Saudi Bin Laden families.[1] The Master Planners are HHCP Design International, Inc. The landscape architects are the SWA group. Construction began in July 2006.

The contract by which the land was granted to the company was challenged in Egyptian courts. Egyptians were angered that the land had been sold below current market value to Talaat Mostafa Group during Mubarak's rule.[3]

Madinaty is being built over an area of 3,200 hectares (8,000 acres), with a total budget of LE 800 billion.[4]

In 2016, around 3900 residential units were sold in Madinaty by the Ministry of Housing.[5]

Madinaty has wide streets and the city is designed in terms of sub-compounds where each sub-compound has its facilities in terms of supermarkets, a mosque, an outpatient clinic, and public parks for children to play in and families.

This property costs 83% more than the average price of 4 bedroom in Cairo

Average Sale Price is 7,634,432 EGP

This property is 61% bigger than the average size of 4 bedroom in Cairo

Average size is 202 sqm

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Cairo


Reference:

dalia madinty

Listed:

3 months ago


14,000,000 EGP

Payment method

Cash

Report this listing