Palaces for sale in new capital | 3 construction wonders
Palaces for sale in new capital The New Administrative Capital in Egypt is considered one of the latest real estate development projects in the country, as it aims to create a new smart city that meets the needs of the population and provides an advanced living environment. Studies expect the population of the New Administrative Capital to reach 40 million people by the year 2050. Which makes it one of the largest real estate projects in Egypt that will contribute to changing the nature of residential life in the country.
The New Administrative Capital arouses the interest of many male and female investors in the real estate sector, as they search for distinctive investment opportunities and a promising future. In this context, we will provide you with the latest news and information about the New Administrative Capital through specific points that include useful and comprehensive information that answers your questions and provides you with everything you need to know about this huge project.
Palaces for sale in new capital
Palaces for sale in new capital
The New Administrative Capital is distinguished by its vast area of about 714 km2, which is equivalent to the area of Singapore and approximately four times the area of Washington. As for its area in acres, it amounts to 170 thousand acres, making it one of the largest new cities in the world.
The size of the New Administrative Capital is impressive and surprising, as its enormous area represents a large enough area to create a modern urban community that meets the needs of its residents. This reflects the great aspirations and future vision of the New Administrative Capital, which aims to provide an integrated residential and living environment for citizens. Ultimately, it can be said that the New Administrative Capital is characterized by an ideal strategic location and a large area that makes it one of the most prominent urban projects in Egypt and the world. This modern capital is expected to be a distinctive place that reflects innovation and development in all aspects of daily life.
Where is the new administrative capital?
Thanks to its strategic location on the borders of Badr City and close to many major new cities, the New Administrative Capital is considered a modern and developed oasis in the Egyptian desert. There are Palaces for sale in new capital embodying the government’s vision to develop the country and improve the quality of life of citizens.
How was the area of the new administrative capital divided?
Palaces for sale in new capital The New Administrative Capital was divided into different phases due to its enormous area, which exceeds the areas of other capitals and countries. We began by calculating the area of each phase separately so that we could answer the question regarding its total area. The current development plan for the New Administrative Capital includes three main phases.
In the first phase, its area is approximately 40 thousand acres, equivalent to 161.87 km2 of the total area of the Administrative Capital.
While the second phase extends over an area of approximately 47 thousand acres, equivalent to 190.2 km2 of the total area of the New Administrative Capital.
As for the third phase, its area is about 97 thousand acres, equivalent to 392.54 km2 of the total area of the capital. It is expected that these stages will significantly contribute to strengthening the infrastructure and developing services in the Administrative Capital. Palaces for sale in new capital
Palaces for sale in new capital
What are the features of the new administrative capital?
Those responsible for implementing the New Administrative Capital are paying great attention to the directives of President Abdel Fattah El-Sisi, as a goal has been set to make the capital a green city dotted with gardens and trees. In addition, the city was designed with architectural luxury inspired by international European designs, making it distinguished by its aesthetic appearance.
Other distinctive factors in the new capital include the presence of artificial lakes, in addition to an advanced system for generating electricity in the event of a power outage. The city also has a system that facilitates the completion of government transactions quickly and efficiently, due to the presence of new advanced government bodies. Thanks to the widening of the streets in the capital, its residents enjoy ease of movement and travel to and from it, making it a comfortable and convenient place for all residents. Palaces for sale in new capital
What are the services in the new capital?
The New Administrative Capital is considered one of the most important mega projects that aim to improve life in Egypt, as it includes many modern services and facilities that meet the needs of the population and contribute to raising the economic and environmental level of the capital.
In the New Administrative Capital, a variety of schools can be found offering international and multilingual education, including Manar House School and the British International School. Besides, the capital is home to several prestigious universities such as the University of Liverpool and the American International University, providing higher education opportunities to residents.
It is not possible to talk about the New Administrative Capital without mentioning the parks and places for entertainment, such as Capital Park, which extends over a large area and contains green areas and paths for walking and cycling. There is also a security command and control center that includes 6,000 cameras to monitor security in the capital. Palaces for sale in new capital
There are also a group of important projects and facilities in the New Administrative Capital, such as the City of Arts and Culture, a medical city and malls, a conference center, and an exhibition city. In addition, the capital contains an advanced public transportation network, a smart waste collection system, and a network connected to the Egyptian Railways to facilitate transportation. In conclusion, the New Administrative Capital contains museums of arts, science, and technology, a zoo, Disneyland, and an easily accessible international airport. These facilities and services make the New Administrative Capital one of the most modern and developed cities in the Middle East.
Palaces for sale in new capital
The most prominent features of the real estate market in Egypt
Palaces for sale in new capital The real estate market in Egypt has many advantages that make it the focus of attention of investors. It is considered a strong attractive factor for capital owners, due to its stability and strength to withstand economic and political changes. Despite the challenges facing the real estate market in Egypt, it remains less affected by the fluctuations and difficulties that affect many other economic sectors.
Thanks to the continuous demand for real estate in Egypt and the relative stability in the market, investment in this sector remains a safe and favorable option for many investors. Therefore, it can be said that the real estate market in Egypt is one of the active and stable markets among the various investment markets in the country.
Palaces for sale in new capital
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