Full Description

Hyde Park in New Cairo - the most exclusive residential address in Egypt

Hyde Park New Cairo is the most exclusive villa development with detached and attached villas nestled with the biggest private park in Egypt. Spread across 4.7 million square meters, the designs range from the Neo-Classical, Italian-Country to California-Spanish styles.

A gated community with several entrances, 24-hour security and controlled entry, living here is designed to give you total peace of mind and privacy.

11 Reasons To Invest in Hyde Park, New Cairo

1. Fantastic location in a premium residential district of Greater Cairo.
2. Wide range of residence types: from 250m² to 950m² villas
3. The exclusive design of the villas; from Neo-Classical, Italian-Country to California-Spanish styles.
4. Over 80% of the total development area is devoted to green healthy space, bodies of water and children’s play areas.
5. Hyde Park Country Club, the biggest and most exclusive country club Cairo has ever witnessed, will be comprised of a luxury spa, a state-of-the-art sports centre including swimming pools, squash, and a retail zone of shops, cafes and restaurants.
6. Steady year-on-year growth rate of 20% - 30% in prime property locations
7. The impressive track record of the developer
8. Freehold
9. 10-year construction guarantee
10. Buyers can re-sell prior to completion
11. Finance is available up to 85% and up to 15years (only available for Egyptian nationals)

Location

New Cairo Down Town is the preferred destination for residential communities, global businesses, designer shopping arcades, world-class entertainment and recreation centres. In addition, New Cairo has a fantastic reputation for educational institutions - there are at least 10 international schools and five universities, such as the American University, British International School and the German University.

The Residences

The villas range from two to six bedrooms and from 235m² to 950m² of living space. Most villas come with maid’s room and some villas come with driver’s room.

Villas are available as “Finished” or “Semi Finished” where the semi finished option gives you complete freedom to determine the interior design.

There is a 10-year construction guarantee.

The Facilities

A gated community with several entrances, 24-hour security and controlled entry, Hyde Park includes an idyllic private landscaped park, one of the largest in Egypt. Over 80% of the total development area is devoted to green healthy space, bodies of water and children’s play areas.

It also boasts a pedestrian friendly neighbourhood with up to 7 kilometres of walking and jogging trails that wind throughout the park.

In addition, Hyde Park Country Club, the biggest and most exclusive country club Cairo has ever witnessed, will be comprised of a luxury spa, a state-of-the-art sports centre including swimming pools, squash, mini football, basketball as well as a retail zone of shops, cafes and restaurants.

The Developer

The developer behind Hyde Park is DAMAC Properties, Middle East’s largest private-sector luxury property developer who plans to invest 30 billion Egyptian pounds ($5.4 billion) in the project.

Purchase Details

EGP 2,141,000-19,625,000

Prices include the land and built up area. Buyers will be offered a swimming pool and basement option at an additional cost (except for A and B types where the basement is obligatory and included).

Finance is available up to 85% and up to 15 years (certain conditions apply*). The bank that provides mortgage is CIB Bank (Commercial International Bank of Egypt).

Payment schedule is as follows:

• Deposit 10% Upon signing this Villa Reservation Form
• Staged down payments throughout the construction period

Completion is scheduled on or before Dec 2011.

Service charge: 5% of unit price is collected as a deposit and the interest generated from this fund will be used towards payment of service charges.

* Egyptian nationals residing in Egypt, Egyptian nationals residing abroad and Expatriates with Egyptian work permits are eligible to apply for the residential property finance scheme.