Put a limited number of the project’s apartments for sell
Thabet: Pyramiza began handing over of housing units in Palm View residential project located in the gardens of 6th October District
A delegation of top real estate group consisting of Deputy Managing Director Mohammed Qadoumi and Executive Manager Mohamed Thabet performed a field visit to Cairo to see the final stages of completion of the Palm View residential project. The group worked on the marketing of a wide range of this project’s units to buyers from Kuwait, and Qatar. Mohammad Farghali Thabet Executive Manager of Utopia Real Estate Group (a Qatari company), one of the associate companies of the Top Real Estate Group for marketing that Pyramiza Group is the owner and developer of a number of residential and tourism projects in several locations in the Arab Republic of Egypt and has begun handing over housing units to their new owners in Palm View residential project located in the gardens of 6th October District. After visiting the project Thabet said that a large proportion of the works has been completed and that the project is gradually becoming alive, noting that the project is one of the best and most beautiful housing projects in the region.
On the outstanding Palm View residential project Thabet said that it is established on an area of 12.5 acres, of which buildings make up 18% of the project area and the remaining space constitutes areas of public services, parks, swimming pools and other utilities. He further stated that the project consists of 12 residential buildings and a total of 288 apartment sizes 2-3 bedroom and utilities, in addition to the Duplex units with the area of 275 up to 350 square meters with private gardens. He added that the prices of apartments are suitable for various sectors and that the price per square meter starts at 4,100 Egyptian pounds fully furnished, and that customers are granted a repayment period of 3 years without interest, and that the project is ready for immediate housing, noting that the group is currently offering a limited number of apartments for sell.
Thabet said that Pyramiza group offers a free gift for every buyer of an apartment which is a week each year for a period of 15 years at any of the group resorts in Egypt, in a two hotel rooms for 4 persons, with the client granted additional discounts of up to 20% on various other services offered by the resorts.
On the other hand Thabet stated that the group will also work on the marketing of Paradise Gardens project, which is overlooking the sea in Sahl Hasheesh area in accordance with the freehold system for all nationalities and that the project consists of a number of apartments, villas and chalets which spaces from one to four bedrooms and thus meet the needs of various families that seek coastal tourism and that the project contains various means of entertainment including parks, playgrounds, swimming pools, health clubs, restaurants and a number of commercial shops, which constitute a whole typical tourist village on the Red Sea coast.
Thabet said that investment in the real estate sector always remains the best because of its safety and maintaining the gains in light of the changes taking place in various other sectors of ups and downs. Investing in real estate, even it passes a state of stagnation and crisis sometimes, quickly recovers its activity in a better way than it was before. Thabet expected that the real estate sector in Egypt shall be witnessing a significant recovery during the next phase, indicating that the demand for real estate in Egypt has not stopped despite the country going through several political vagaries.
Thabet stated that Pyramiza Group is one of the first companies in the Arab Republic of Egypt, which is working in the hotel and tourism industry with expertise of more than thirty-five years in this field and owns a range of first class five star hotels in Cairo, Luxor, Aswan, Sharm El Sheikh, Sahl Hashish, and added that the company, which is listed on the Egyptian Stock Exchange, has moved to implement housing projects to provide an added service to the real estate market of Egypt.