New capitals are built for various reasons, such as economic development, urban planning, and administrative efficiency. Egypt has started a project for building an array of fourth-generation cities which the government stated in the 2015 Egypt Economic Development Conference. The New Administrative Capital is the most famous project in this development plan. Keep reading this article to know about the best compounds in new capital
Best Compounds in New Capital
Before turning our attention to the best compounds in new capital we can have a look at what it includes such as:
- The Green River Park, also known as Capital Park, is an urban park that will span the entire length of the new capital, resembling the Nile River. It aims to surpass the size of Central Park in New York, covering approximately 35 kilometers (22 mi). Currently, the park’s initial phase, spanning around 10 kilometers (6.2 mi), is under construction.
- The Octagon, also known as the State’s Strategic Leadership Centre is a huge presentation on what is the New Capital of Egypt and how important it is. The Octagon serves as Egypt’s new Ministry of Defense headquarters. It stands as the Middle East’s largest complex of its kind and ranks among the world’s largest, akin to The Pentagon in the United States of America.
Since we have touched upon the best compounds in New Capital, let’s have a look at two of the most remarkable compounds in the city.
Vinci New Capital
As one of the best compounds in the New Capital Vinci by Misr Italia sprawls over 110 acres of land in the New Administrative Capital. Embracing a unique concept, Vinci comprises 1 commercial district and 7 residential districts, each influenced by distinct art styles like cubism, surrealism, pop art, and expressionism. Vinci by Misr Italia embraces a cozy, earthy ambiance, offering breathtaking views of picturesque landscapes.
Additionally, the compound offers unmatched services and facilities, including:
- a tree-lined promenade,
- internal pathways,
- retail outlets,
- supermarkets,
- office spaces,
- dining options,
- cafes.
- A clubhouse
And now let’s have a look at the wide selection of properties the compound includes.
Read more on Vinci New Capital
Vinci New Capital prices
Vinci includes a wide range of apartments, villas, twin houses, townhouses, and duplex apartments. Prices and spaces in Vinci are as follows:
- The 2 bedroom and 2 bathroom apartment in Vinci has an average price of 3,668,000 Egyptian pounds.
- While the 3 bedroom and 3 bathroom apartment has an average price of 4,164,000 Egyptian pounds.
- Additionally, the 3 bedrooms and 4 bathrooms villa in Vinci has an average price of 17,243,000 Egyptian pounds.
Please note that the compound contains many other listed properties while the prices and spaces of the available units are constantly under update.
For the latest price list update, please check out Vinci New Capital listings.
Next on our agenda let’s have a look at another compound in our best compounds in New Capital list.
Venia New Capital
VENIA New Administrative Capital, developed by Gates Developments, occupies 40 acres of land. The compound includes a huge space that is reserved for parks, green spaces, lakes, and services, VENIA offers an exclusive gated community experience. Homes in VENIA provide stunning views of the city’s greenery and water features, offering a slice of paradise in the heart of the capital.
The project includes a strip mall housing a spa, branded stores, hypermarkets, and dining options. Additionally, residents can enjoy a sports club with swimming pools, football fields, tennis courts, and a gym. Social clubs, tracks, meditation areas, and a dedicated kids’ area further enhance the community’s appeal.
Next on our agenda, let’s have a look at the collection of properties available in Venia.
Prices of units in Venia
Venia includes a wide range of apartments from different spaces and prices catering to different needs such as:
- A 3 bedroom and 3 bathrooms apartment has an average price of 2,628,000 Egyptian pounds.
- Moreover, the 3 bedrooms and 3 bathrooms apartment has an average price of 2,654,000 Egyptian pounds.
- Meanwhile, the 3 bedrooms and 3 bathrooms has an average price of 3,858,000 Egyptian pounds.
Please note that the resort contains many other listed properties while the prices and spaces of the available units are constantly under update.
For the latest price list update, please check out Venia listings.
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