Apartment for Sale in Atika - New Capital By New Plan - Delivery Year 2026

Atika New Capital is an ambitious project currently being developed in Egypt. The new city will be situated on the outskirts of the country's capital, Cairo, and will cover an area of around 1,000 square kilometers. It is expected to be home to around five million people.

The Atika New Capital project is being led by the Egyptian government, in partnership with private sector investors. The aim of the project is to create a modern, well-planned city that will serve as a hub for business, industry, and commerce in Egypt. The city is expected to be built over the next few decades, with the first phase of development due to be completed by 2022.

The main focus of the new city will be on creating a sustainable, environmentally-friendly urban environment. The development will include state-of-the-art infrastructure and transport links, as well as a range of green spaces and parks. The aim is to create a city that is both livable and attractive to businesses and investors.

As a lawyer, I can advise potential investors about the legal aspects of investing in the Atika New Capital project. The Egyptian government has established a legal framework to govern the development of the new city, which includes a range of incentives and guarantees for investors.

Investors should be aware that there may be risks associated with investing in any major development project. However, the Egyptian government has taken steps to mitigate these risks by offering a range of investment incentives, including tax exemptions, customs duty exemptions, and a guarantee of repatriation of profits.

Overall, the Atika New Capital project represents an exciting opportunity for both domestic and international investors looking to participate in one of the largest and most significant development projects in Egypt's history. With careful planning and management, the new city has the potential to become a leading center of commerce and innovation, and to make a significant contribution to the economic and social development of Egypt.