EGP 6,000,000
Villa 4 Bedrooms for Sale in Stella Heights - North Coast By REMCO Group
Stella Heights is a luxurious residential development located in the North Coast of Egypt that is set to transform the region's real estate market. As a lawyer, I am pleased to provide a comprehensive overview of the project and the legal implications associated with its construction and sale.
The Stella Heights project consists of a variety of properties, including villas, twin houses, and chalets, with breathtaking views of the Mediterranean Sea. The developers, established real estate developers in Egypt, are committed to providing world-class facilities and amenities to meet the demands of both local and international buyers.
In terms of legal considerations, the Stella Heights project must comply with all applicable Egyptian laws and regulations governing the construction and sale of real estate. This includes obtaining all necessary permits and approvals from the relevant authorities, such as the Ministry of Housing and the Coastal Protection Authority.
Furthermore, the sale and purchase of properties at Stella Heights must adhere to all relevant laws and regulations, including the Egyptian Property Law and the Consumer Protection Law. It is important for both buyers and sellers to review and understand all contracts and agreements related to the transaction with the help of experienced lawyers to protect their interests.
As a lawyer, I would also advise potential buyers to conduct due diligence before entering into any agreements related to the purchase of properties at Stella Heights. This may include reviewing the developers' track record, ensuring that all documentation related to the property is in order, and assessing the overall market conditions and potential risks associated with the investment.
Overall, the Stella Heights development is poised to become a major player in the North Coast's real estate market, offering luxurious properties and world-class amenities to a discerning clientele. It is essential that all legal considerations are met to ensure that the project is a success and that buyers' interests are protected.
Stella Heights This project linking the Mediterranean coast with the main Alexandria Matrouh trunk road, at 150kms west of Alexandria, is being developed on an area of 750,000 m2 of terraced grounds. The 5 phase terraced development is to include a 4 star 800 room beachfront hotel, 640 villas ranging in size from 220m2 to 500m2, 1100 chalets of 120m2, a commercial and entertainment centre of about 12,000m2, in addition to swimming pools, landscaped areas and services.
REMCO Group Incorporated in 1995, Remco Tourism Villages Construction Company (RTVC) is the flagship of the Remco Group (REMCO). RTVC was first traded on the Egyptian Stock Exchange in 1998 (RTVC.CA) and its current paid-up capital exceeds EGP 2 billion.
RTVC forms part of and owns the majority shares in all REMCO Group companies: