Hey, I’m here to help you and answer all your thoughts about the New Capital
Of course, you heard in the last few years about new city. called (New Capital).
So, I have some tips for you before you think about buying your home in New Capital.
1- Make sure the developer that you wish to buy a house from has obtained a ministerial decision from the New Administrative Capital Company.
2- Ensure the company pays 20% of the value of the land allocated to it.
3- Check the papers related to the record of receiving the land from the New Administrative Company.
4- Ask the developer you want to buy from for building licenses for the project to be implemented.
5- The Administrative Capital Company doesn’t offer residential lands to individuals.
beware of those who promote the sale of plots of land in the New Administrative Capital.
6- Check the company’s repute before purchasing and delivery dates of the units.
Also here are Some other tips for ex-pats who want to invest in the New Administrative Capital.
As an investor who lives abroad and wants to buy a unit to invest there. you must beware of some cheat try.
How to protect yourself from any cheat try before investing in New Capital?!
Before buying or considering an investment, you should ask carefully about the company that is offering you.
Or the broker who markets to that company, and you know whether he has a good standing. and the units are delivered on time.
So I give you some tips to make sure after anyone cheats on you!
1- When a salesperson contacts, and offers you a unit, take all the info from them.
Then do research on the company that offered you their info and make sure it’s a popular company.
Then, after getting sure that the information is correct and the company’s standing is correct. go back to a salesperson and contact him again if you have any plan of buying.
2- Beware of price gouging!
For example, Company (X) displays the price of commercial units 80k egp, and it can go down to the price of 75k egp.
Cheating here happens when the salesperson tells you that the price per square meter is 85k egp.
So that if you order a discount, then it reaches the minimum.
So be careful with the companies you deal with for the first time.
3- Check the company’s bank account before you transfer your money.
4- Last but not least, Do good research on several companies or brokers before buying and don’t hurry.
If you want, check our projects in New Capital.