Information about the new Narges area and its wonderful housing advantages:
Investors are currently accepting to buy villas and apartments in the new Narges in the Fifth Settlement, due to what is expected of it of a wonderful future in achieving the highest profit returns for its very vital location in addition to its features and services.
Therefore, in this article, we explain to you all the information you need to know about the new Narcissus, its features and payment methods to take the initiative to book and join one of the largest luxury residential communities in New Cairo.
New Narges District Location:
It is located in the far south of New Cairo city, in one of the most vital areas that are close to many residential compounds and vital roads that help you to be in the heart of all the service facilities in these areas.
Landmarks surrounding the new Narges area:
- El Narges District Buildings.
- Mountain View Square
- . South 90th Street.
- North Ninety Street.
- American University.
As for the areas south of the city, they are as follows:
- Ain Sokhna-Hurghada Road.
- Ring road.
While the region is bounded to the east:
- Mohamed Naguib axis, which reaches the Suez Road.
- Rehab City.
It is bounded on the west by:
- German University.
- Fatima Al Sharbatly Mosque.
- West Arbela.
- Third Rally.
Accordingly, your location in New Narges will be one of the most vital locations among New Cairo’s compounds.
Details of the new Narges and its spaces:
The new Narges space is 230 acres and is one of the most huge spaces in New Cairo.
It consists of 819 plots of land divided into 7 areas (A-B-C-D-E-F-G), on which many luxury compounds were built, such as: Acacia Compound, Dyar Compound, Lotus and other luxury residential projects.
Units Details in New Narges:
The units varied between apartments, villas, and duplexes, with the architectural design of the buildings diversifying between Spanish-style designs and modern European-style designs.
This ensures that you have plenty of options to compare to get the best deals.
Units Spaces in New Narges:
Certainly, there are small spaces starting from 90 square meters (studio apartment) compared to units of more than 350 square meters; This helps you find the space that suits your needs.
Features and services of the new Narges area:
In the new narcissus, you can move easily to and from it; Because it is located near the main roads in New Cairo, such as: North 90th Street, South 90th Street, and other roads, the area’s vital location has certainly helped the residents benefit from all the service and recreational facilities in the nearby areas.
Luxurious standard of living:
The neighborhoods are designed to suit the tastes and needs of all who wish to have a luxurious standard of living away from slums.
As part of providing an integrated community in the new Narges area, large areas have been allocated to serve the landscaping, which helps to provide more psychological comfort to the residents.
Also, the low population density is one of the most prominent advantages that helped in the presence of more tranquility in this integrated community.
Private companies have been contracted to carry out cleaning work for the new Narges streets around the clock.
New Narges Prices:
The price in the New Narges area ranges from 8000 thousand per square metre, up to 9700 per square metre. This is considered a fair price per square metre. Which guarantees the customer the best quality in delivery.
The percentage of contracting in projects starts from 20% and Scope facilities reach 72 months.
Payment methods in the new Narges:
In addition to the features and services offered to the new Narges residents who wish to invest in them, in addition to the special prices per square metre. It has been working to provide many soft payment systems, in which the rates of advances start from 0%, and the installment periods reach more than 7 years.
Correct building requirements for the new Narges area:
- The building percentage is 50% of the land area
- As for the recurring roles, the construction percentage is 55% of the land area
- Service basement (for property residents) + ground floor + 3 floors
- The area of the plots starts from 430 square meters, the floor is built on two apartments only, and
- the fair loading rate is 25% The fair loading percentage is 25% for the new Narcissus area.
How to calculate it:
- The plot of land is 430 square meters: the legal structural ratio is a basement (services), a ground floor and 3 repeated floors, with two apartments in the floor. The sales area is 117 meters for the apartment on the ground floor, with a net area of 88 square meters, and the sales area for the apartment in the repeated floors is 138 square meters, with a net area of 104 square metres.
- The land is 450 square meters: the legal constructional ratio is a basement (services), a ground floor and 3 repeated floors with two apartments in the floor. The sales area is 126 square meters for the apartment on the ground floor with a net area of 95 square meters, and the sales area of the apartment in the repeated floors is 149 square meters with a net area of 112 square metres.
- The plot of land is 475 meters: the legal structural ratio is a basement (services), a ground floor and 3 repeated floors, with two apartments in the floor. The sales area is 141 meters for the apartment on the ground floor, with a net area of 106 square metres, and the sales area of the apartment in the repeated floors is 164 square meters, with a net area of 123 square metres.
- The net area is calculated without the area of the ladder and these criteria must be taken care of to determine the real and fair value of the property.