25-square-meter retail unit at Glow Terra, New Administrative Capital – 10-year installment plan

First-floor retail unit, located directly overlooking the plaza in the Downtown area of the New Administrative Capital.

Location:

The project is situated in the Downtown district.

It is located just minutes away from the Financial District and the Government District.

It is positioned along three main axes, in close proximity to insurance and computer/IT companies.

It is located 300 meters from the Monorail station.

It is situated near Al Masa Hotel and the "Services Triangle. "

Project Description:

Project Area: 8,000 square meters.

The project comprises a ground floor, first floor, and second floor dedicated to retail; the third and fourth floors feature a food court area; the fifth through eighth floors are designated for administrative/office use; and the ninth through eleventh floors consist of hotel units under professional hospitality management.

Project Partners:

Engineering Consultant: Mohamed Talaat.

General Consultant: Moharram Bakhoum.

Management and Operations Company: Namaa.

Administrative Management and Operations Company: Regus.

Finalized contracts are in place with the management and operations firms.

Unit Description:

Floor: First floor, directly overlooking the plaza.

Area: 25 square meters.

Investment Opportunities:

The unit comes with a mandatory lease agreement, with an expected return—following handover—ranging from 22% to 30%.

A maintenance deposit is payable upon the handover of the retail unit.

A 100% return on the down payment is offered, with checks provided at the time of signing the contract.

Financial Details:

Price: 5,950,000 EGP.

Down Payment: 10%.

Payment Period: 10 years (with no balloon/lump-sum payments).

Quarterly Installment: 133,875 EGP.

About CommIcon:

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