Afaq Development announces about one of its latest projects in Fifth Settlement area, as it launches Amorada New Cairo in a distinctive location on 90th street and a distinctive group of residential units that offer many options to clients, specially with various spaces that the project offers with units prices that suit different segments of clients.
The location of Amorada New Cairo Compound
Amorada New Cairo Compound is distinguished by its location that includes a traffic activity between the project and the areas close to it, as it comes in the heart of Fifth Settlement on 90th street, close to all axis and main roads inside and around the area.
Closest area to Amorada New Cairo Compound
- Amorada New Cairo Compound is located near to The Middle Ring Road.
- Its minutes away from the road leading to New Capital, and Al Galala-Sokhna Road
- Its 10 minutes away from Suez-Isamilia Road.
- Its located directly in front of Hyde Park New Cairo Compound
- Its close to many Fifth Settlement Compounds, like I-City Compound
- Its close to AUC University
The design and space of Amorada New Cairo Compound
Amorada New Cairo Compound extends on an area of 7 acres, despite that, a large width has been provided for the internal streets, which is around 42 meters, with a low building percentage of 22% and 78% allocated for green spaces of the total area.
Amorada New Cairo mainly depends on vast areas either for streets or the separating spaces between buildings which range between 30 to 50 sqm, with imitating the Greek style in architectural designs under the supervision of Engineer/ Samer Samir, the designer of the project who owns a lighted list of works as follows:
- The Groove Sokhna
- The Water Way Compound New Cairo
- Stone Park Residence
Units spaces in Amorada New Cairo
Afaq Developments launches various residential units with full finishing at the highest level with AC’s and all kitchen tools and a room for the maid in some units in the project, in addition to this apartments spaces start from 155 sqm.
Services of Amorada New Cairo
- A mosque.
- A nursery.
- An underground garage that covers the entire area.
- A parking lot for visitors.
- Jacuzzis in the penthouse units.
- Swimming pools and recreational areas.
- Several cafes and restaurants.
- Commercial areas and shops.
- A comprehensive pharmacy.
- A fully equipped medical center.
- A club house.
- A security system.
- Maintenance services.
Features of Amorada New Cairo
- There is a high level of privacy provided through the provision of a small number of buildings, as well as the distances between each building.
- The project units are available for smart home setup.
- Each residential unit contains underground storage space.
- The architectural design imitates the famous Greek style in a luxurious and elegant manner.
- Amwaj project in the 5th Settlement enjoys a prime location.
Disadvantages of Amorada New Cairo
Amorada New Capital included all the encouraging factors for the client to buy and invest in it, but there might be a flaw that the compound did not offer spaces that suit small families as spaces start from 155 sqm, which is considered to be a medium space that’s not suitable for all segments.
Prices of Amorada New Cairo
- The meter’s price in the project starts from 11,000 EGP
- The developer offers apartments which prices start from 1,992,000 EGP
Payment systems in Amorada New Cairo Compound
Afaq Developments offers a system for apartments and duplexes and another system for penthouses, as follows:
- Apartments payment system: paying 50% as a reservation down payment, and installments up to 3 years without interests.
- Penthouses Payment systems: paying 50% as a reservation down payment, and installing the rest over a year and a half without interests
The developer company of Amorada New Cairo
Afaq Developments Company possesses extensive real estate experience that qualifies it to become one of the leading companies in the real estate investment sector. The company has been present in both the Egyptian and Gulf markets for nearly 25 years, with a portfolio of distinguished investment and residential projects.
The most important projects by Afaq Developments
- King Khalid Hospital and College of Medicine in Tabuk
- Many residentia projects in Riyadh
- Lotus resort in North Coast
- Sara Beach Ras Sidr
- Florida Hotel in North Coast
- Khalig Home in 6th of October
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The real estate developer
The project’s location
In Fifth Settlement
The project’s area