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2 Bedrooms
2 Bathrooms
1,367 sqft / 127 sqm
APARTMENT FOR SALE IN MADINATY

شاليه للبيع في مشروع ساوث ميد طلعت مصطفى جروب

شالية للبيع في ساوث ميد في الساحل الشمالي على شاطئ الضبعه

من شركة طلعت مصطفى

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دور تالت

مدفوع 355 الف

مطلوب اوفر

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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 E£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.

Madinaty has malls with various shops including restaurants like Open Air Mall, East Hub, Craft zone, The Strip, All Seasons Park. Another food court called South Park with dozens of restaurants such as McDonald's, Pizza Hut, KFC, Hardee's, and Chili's.[citation needed]

Madinaty has a large club with several pools, playgrounds, gym and clubhouse

Property details

Property Type

Apartment

Property Size

1,367 sqft / 127 sqm

Bedrooms

2

Bathrooms

2


Amenities

Balcony

Built in Wardrobes

Kitchen Appliances

View of Water

Lobby in Building


Location

Map preview

Price Insights

This property costs 242% more than the average price of 2 bedroom in Cairo

Average Sale Price is 4,391,303 EGP

This property is 41% bigger than the average size of 2 bedroom in Cairo

Average size is 90 sqm

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

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Regulatory information

Reference

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Listed

22 days ago