Duplex for sale in Cali Coast
EGP 5,338,000
Duplex for sale in Cali Coast
2 Bedrooms Duplexes for Sale in Cali Coast North Coast By MAVEN Developments - Delivery Year 2026
As a lawyer, one of my roles is to consider the legal aspects of new development projects, such as the Cali Coast compound in the North Coast of Egypt. In this article, I will explore legal considerations that need to be taken when developing and investing in this seaside residential complex.
One of the primary legal considerations when developing the Cali Coast compound is compliance with local zoning laws and building codes. Developers must ensure that their project conforms to the required specifications regarding building height, materials used, and safety features to avoid potential legal liabilities. Necessary licenses and approvals must be obtained as required by law.
Another critical legal aspect that can arise when developing Cali Coast is financing. Developers need to ensure that all financing arrangements, including mortgages, loan agreements, and other funding mechanisms, comply with local laws and regulations.
In addition, proper documentation on the contractual agreement between the developers and potential property buyers is essential. A purchase agreement needs to be properly drafted and executed to reflect the prices, payment timelines, special provisions, and warranties of the property. Proper documentation avoids any disputes sometime in the future.
Proper care must be taken in assessing the state of title to the property. The government and local authorities must have a clear record of ownership of the property on which the Cali Coast compound is being built. Developers need to have proper documentation to show legal and unchallenged ownership of the property.
There is also the critical consideration of environmental regulations that must be complied with when developing Cali Coast. Developers need to ensure that they comply with all applicable environmental laws and regulations to avoid legal liabilities and sanctions from the relevant authorities.
Lastly, proper security provisions in and around the Cali Coast compound also require careful attention. Developers should ensure that adequate security measures and personnel are in place to safeguard the complex's premises and the people living there.
In conclusion, as a lawyer, I recommend thorough analysis and attention to these legal considerations when developing and investing in Cali Coast. Developers must comply with applicable laws and regulations, ensure proper financing arrangements, provide proper contractual documentation, ensure land ownership clarity, promote environmental laws and regulations compliance, and maintain proper security measures. Proper attention to these requirements will ensure that the project is operating smoothly and with utmost compliance to the laws in Egypt. Doing so will also benefit both the developers and potential buyers and investors of Cali Coast compound.
Cali Coast After the success of Maven in Ain Sokhna, it is now heading to the North Coast and presenting its new project, Cali Coast Ras El Hekma, on an area of 230 acres. Only 30 acres have been allocated to the beach of Cali Coast, with a width of 600 m, and only 13% of the area of Cali Coast Ras El Hekma has been allocated for buildings and 87% for services and landscaping, including commercial areas, a commercial mall and 150,000 m swimming pools and artificial lakes. Cali Coast project is located on the North Coast next to the village of Mountain View and Jefaira
MAVEN Developments Progressive and inspiring, our projects are ambitious and creative: maximizing potential wherever it’s identified, we make already stunning locations spectacular, and design living environments that embrace and enhance the natural landscape that surrounds them. We choose sites that amaze, ones that offer the best opportunities to create something truly breath-taking and which make perfect use of the available space in our product design and investment selection process. MAVEN Development gives our residents the opportunity to fulfill their aspirations, to live a life where every moment is a pleasure by offering a sophisticated, customized residential experience that is perfectly sized and specified to suit their needs. The unparalleled expertise of our planners, architects and designers ensures the ultimate in sophistication, quality, practicality and customer focus. Progressive and intelligent yet humble and authentic: that’s Maven. MAVEN Developments’ American sister company, The Riverwards Group is Philadelphia’s premiere luxury new construction development group. Staffed largely by Philadelphians and with an enviable reputation for its vision and high standards of construction, The Riverwards Group has a personal approach to the building process. One of their driving forces is a deep desire to give back to the community: the Group has big plans including developments built specifically for those who serve their communities, and transformational schemes for otherwise forgotten nooks and crannies, turning them into functional spaces for home buyers, renters, and commercial use.
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