Moubarak 7

[HORIZON]

I want to clarify something about the land in Mubarak7.
There are people saying that in first phases the owners purchased the villas without land and in this phase they are purchased with it.

The fact is that when you buy a villa, the land originally does not belong to you but you can make landscape, use it for rest and entertainment whatever However, if you want to build a swimming pool, you have to got to government office, pay EGP 150 per m2 and than the land is officially yours. It seems that in this case you are paying such money for swimming pool but by idea if smth happens to your villa and you have to rebuild it, if the land does not belong to you - it can be problematic.

[egypt]

Hi Violeta,

Yes this is correct. The first and second phase u have to pay the government for but this like you say is if you want to put a swimming pool etc.

I believe you can pay the fee in instalments however once you have paid a 25% deposit.

The new phase which I call phase 3 is including the land but the sizes are much smaller and the villas are much closer togeather. I heard the developer done it this way as they asked him to pay the land in order to build the new phase which was not a condition with the other 2.

If you put a swimming pool without paying at least the deposit for the land the government can ask for it to be removed etc.

Victoria

[HORIZON]

Yes, you can pay in installments for the land - this facilitates the purchase here a lot I would say..

[nutkenz]

Are there any other places where land can be bought directly from the government? 150 EGP per square meter seems like a good deal...

[classica]

hi Ken,
as a person you cant pay directly from the government with this price.
Classica

[Snow White]

How much is it to buy a complete villa and not close to neighbours?

[nutkenz]

Originally Posted by Snow White

How much is it to buy a complete villa and not close to neighbours?

This depends on the phase and line you're buying in as well as the seller. Some villas in the front line seem to be on the market for 3.5 million EGP and in phase 2 you can find complete buildings (= 2 villas) for +/- 1.1 million EGP. Phase 3 is cheaper, but as you said those will be too close together for your taste (and I would agree).

[john'n'kate]

Originally Posted by nutkenz

This depends on the phase and line you're buying in as well as the seller. Some villas in the front line seem to be on the market for 3.5 million EGP and in phase 2 you can find complete buildings (= 2 villas) for +/- 1.1 million EGP. Phase 3 is cheaper, but as you said those will be too close together for your taste (and I would agree).

What/where are the phases on M7? I've never been able to work them out.

Perhaps someone could mark them out on a Google Earth plan?

[nutkenz]

Originally Posted by john'n'kate

What/where are the phases on M7? I've never been able to work them out.

Perhaps someone could mark them out on a Google Earth plan?

E-mail info (at) nutkenz (dot) net and I'll send you the master plan. The satellite images on Google Earth are pretty outdated so only phase 1 is visible on them.

The main difference is in the size of the gardens, the distance to the sea and the fact that in phase 3 the garden is included in the price, but also very small compared to the other phases. The rule seems to be; the closer to the front line of phase 1, the more expensive the villa.

[john'n'kate]

Originally Posted by nutkenz

E-mail info (at) nutkenz (dot) net and I'll send you the master plan. The satellite images on Google Earth are pretty outdated so only phase 1 is visible on them.

The main difference is in the size of the gardens, the distance to the sea and the fact that in phase 3 the garden is included in the price, but also very small compared to the other phases. The rule seems to be; the closer to the front line of phase 1, the more expensive the villa.

Thanks for this Nutkenz. Have e-mailed you.