Description
Land Partnership Opportunity
Location Fifth Settlement
Area 20 feddans 84,000 square meters
Partnership System 50/50 pound for pound
No price difference
No security deposit
Land is received and ready for immediate work
Land is privately owned not state-owned
Market Price
Price per meter in the area from the authority 6,000 EGP
Payments
5% of the land value has been paid 25,200,000 EGP
An additional payment premium has been made to the original owner 375,000,000 EGP
Total premium per meter 4400 EGP
Amount Due
20% of the land value 100,800,000 EGP
Developer's share of the 20% 50,400,000 EGP to be paid through construction not cash
Required from the Developer
Payment of 200,000,000 EGP half of the previously paid amount
Completion of the project on a pound-for-pound basis without advances or price differences
Condition Developer must be serious ready and financially strong
Code : 1022
Home Advisor Real Estate Marketing Company
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