Apartments 118m for sale in Armonia New Capital

2 Bedrooms Apartment for Sale in Armonia New Capital

2    1
Reference: NS22812
EGP 3,200,000
Category:
Apartments / Sale
Price:
EGP 3,200,000 Installment
Price / Sqm:
EGP 27,118 Per Sqm
Finishing Status:
Core & Shell
Area:
118 M2
No of Floors:
Bedrooms:
2
Bathrooms:
1
Delivery Date:
2024
Allowable height:
Last Updated:
Wed 26 Jul 2023

Armonia New Capital is a master-planned city located in the desert of Egypt. It is being developed by the Egyptian government in an effort to create a new hub for economic and social development. The city is located in the area between Cairo and Suez, about 50 kilometers from the capital.

The project was first announced in 2017 and is expected to be completed by 2021. The city will cover an area of over 24,000 acres and will include residential, commercial, and industrial zones. It is expected to eventually become home to over one million people.

The city is being designed to be a "smart city," with the latest technology to improve the lives of its citizens. It will feature a high-speed rail system, a metro system, and an airport. It will also have a large number of green spaces, parks, and public spaces.

The city will be self-sustaining, with its own water, electricity, and waste management systems. It will also feature a variety of educational, health, and recreational facilities.

The development of Armonia New Capital is part of the Egyptian government's plan to create more economic opportunities for its citizens and to attract foreign investment. It is expected to create over 300,000 jobs in the coming years and to help reduce the country's unemployment rate. It is also expected to increase tourism in the country and to help diversify the economy.

The project is being funded by a combination of public and private investments. The Egyptian government has contributed a large amount of money to the project, while several private investors have also invested in the development.

The city is being developed with the help of several international companies, including the Chinese firm China State Construction Engineering Corporation and the French firm Bouygues. The project is also being supported by the World Bank and the African Development Bank.

Armonia New Capital is expected to become a major hub of economic activity in Egypt and to help the country reach its development goals. It is also expected to become a model of urban sustainability and to serve as an example of the potential that exists in the country.