Apartment 200m for sale in Stau New Capital

3 Bedrooms Apartment for Sale in Stau New Capital

3    3
Reference: NS22996
EGP 2,800,000
Category:
Apartments / Sale
Price:
EGP 2,800,000 Installment
Price / Sqm:
EGP 14,000 Per Sqm
Finishing Status:
Semi Finished
Area:
200 M2
No of Floors:
Bedrooms:
3
Bathrooms:
3
Delivery Date:
2026
Allowable height:
Last Updated:
Tue 23 May 2023

Stau New Capital is a planned city in Egypt that is expected to become the new administrative and financial capital of the country. The New Capital is being developed by a consortium of Egyptian, Chinese and Emirati investors and is located about 45 kilometers east of Cairo.

The project is part of a larger plan to develop the area between Cairo and the Red Sea into a major urban center. The New Capital is expected to be home to up to 5 million people and will include an international airport, a financial district, a technology park, a business district, and a medical city.

The New Capital is being designed to be an environmentally friendly city and will include green spaces, parks, and a large artificial lake. The city will also have a modern transportation system, including a metro, a light rail system, and a high-speed railway.

The project is expected to cost an estimated $45 billion and is expected to be completed by 2022. Once the project is completed, it is expected to create over 1 million jobs and attract more foreign investment to Egypt.

The New Capital is seen as an important step in Egypt’s economic development and is expected to help the country become more competitive in the global economy. It is also seen as a way to reduce the population pressure on Cairo and other cities in the country.