Apartment 235m for sale in Il Mondo New Capital

Apartment for Sale in Il Mondo - New Capital

 
Reference: NS25579
EGP 5,170,000
Category:
Apartments / Sale
Price:
EGP 5,170,000 Installment
Price / Sqm:
EGP 22,000 Per Sqm
Finishing Status:
Super Lux
Area:
235 M2
No of Floors:
Delivery Date:
2024
Allowable height:
Last Updated:
Fri 12 May 2023

As a lawyer, I can provide a legal perspective on the upcoming compound Il Mondo New Capital in Egypt. This new development project is set to be one of the largest residential compounds in Egypt's new administrative capital, with over 3,000 residential units spread across 255 acres.

From a legal standpoint, it is important to ensure that the development adheres to all applicable laws and regulations. This includes obtaining the necessary permits and licenses from the government, as well as complying with building codes and zoning regulations.

Additionally, it is important to ensure that contracts between the developer and any buyers are fair and legally binding. Prospective buyers should carefully review any contracts before signing to ensure that all terms are clearly defined and that they fully understand their rights and responsibilities.

Another key legal consideration for this type of development is ensuring that any condominium or homeowners' associations are properly established and governed. These associations will be responsible for overseeing maintenance and upkeep of common areas and amenities, as well as enforcing rules and regulations for residents.

Overall, while the compound Il Mondo New Capital promises to be an exciting new development in Egypt's growing real estate market, it is important to ensure that all legal aspects are carefully considered and addressed to protect the rights and interests of all parties involved.