Ready to move penthouse 138m for sale in Sun Capital 6 October
EGP 4,400,000
Ready to move penthouse 138m for sale in Sun Capital 6 October
Penthouses for Sale in Sun Capital - 6 October By Arabia Group - Delivery Year 2023
Sun Capital, a large-scale mixed-use development project located west of Cairo, Egypt, has successfully raised EGP 600m ($38m) from Banque Misr and the National Bank of Egypt, two of Egypt's largest state-owned banks. The compound is being developed and implemented by Arabia Holding, an Egyptian real estate developer founded in 2010 that has made strides to bring the country's residential landscape closer to its international counterparts.
Sun Capital is spread over 650 acres and comprises over 9,000 residential units, as well as commercial, educational, and entertainment facilities. Its focus is to create a sustainable and eco-friendly environment, with vast green landscapes, open spaces, and artificial lakes, providing alternative lifestyle options away from the city's urban congestion.
Sun Capital's location positions it as a prime investment opportunity for Egypt's real estate market. The compound is situated near the Giza Pyramids, Cairo's New Administrative Capital as well as the planned 6th of October City train station, which is expected to boost connectivity and transport facilities in the area. Additionally, Sun Capital's proximity to Sheikh Zayed City is expected to attract upper-middle-class buyers and investors, providing investors with compelling opportunities for high returns.
The compound has already received strong demand from local and international investors, with over 70% of the project's first phase already sold. Sun Capital is a part of the New Urban Communities Authority's (NUCA) plan to develop new cities in Egypt, which is expected to create over 2 million new housing units, approximately 5.5 million job opportunities, and reinforce the Egyptian economy.
In conclusion, Sun Capital represents a high potential investment opportunity for both Egyptian and international investors. Furthermore, it is a part of the Egyptian government's efforts to recreate the country's urban landscape, which is expected to boost the country's economy and provide an attractive environment for both local and foreign buyers.
Sun Capital High residential Compound by Arabia Holding in 6th of October. The Sun Capital is one of the largest and most prestigious residential projects implemented in the heart of 6 October city, which holds more than one title including The Sun City or the New Tourist Capital of Egypt, and is the first residential project implemented in partnership with the Ministry of Housing, which is characterized by a wonderfully strategic location where direct views of the pyramids and proximity to the Great Egyptian Museum.
Arabia Group Arabia Holding Company is the executing company of the project which has a lot of projects that have been implemented on the ground. The Arabia Group of Companies is a diversified consolidation of 12 business entities operating within several commercial sectors across Jordan. Arabia Group’s first business was established in 1988 Arabia Group owns leading and award-winning businesses active in sectors including media and advertising, digital marketing, radio & TV broadcasting, power generation, contracting, solar asset management, technology and hospitality. The group’s radio & TV broadcasting unit, Al Kawn, is Jordan’s foremost owner and operator of private radio and TV stations. ATC, Arabia Group’s utility power developer has grown from providing consulting and local support services to standing at the forefront of the Middle East region’s shift towards renewable energy.
Other properties for sale in Sun Capital
Green color means pay in installments
6 October
138 sqm