Listing Description
Atika Compound is one of the high-end residential projects in the heart of the New Administrative Capital, and it is characterized by a wonderful geographical location near the districts of the Administrative Capital and its most famous landmarks.
Atika Compound Details
Atika Compound in the Administrative Capital extends over a large area, the largest part of it is devoted to landscapes, green spaces, swimming pools, and services in all its forms, and the rest includes residential buildings.
The project has a unique and modern architectural design that takes the Greek character, in addition, all its residential units are diverse. This makes it suitable for all families with different tastes. Moreover, the compound is close to basic services and luxuries, as it resembles an integrated small city.
Background on the Real Estate Developer of Atika Compound
This project was implemented in partnership between New Plan Developments and the Green River for Real Estate Company. Attika project is the third project of New Plan Developments in the Administrative Capital; this company is one of the most important and largest real estate development companies that have proven its success inside and outside Egypt.
Previous Works of the Real Estate Developing Company
The company constructed a hotel and a number of other residential buildings in Sharm El Sheikh, in addition to a group of residential towers and oil companies in Dubai.
-Serrano project: the company’s first residential project within the New Administrative Capital.
-Eleven Mall: The company’s second project in the New Administrative Capital.
Location of Atika Gated Community
The compound is located in the heart of the Administrative Capital, specifically in plot G1, within the R7 area, and in front of the central axis that connects it to some important main roads, such as the regional ring road, the middle ring road.
The project is close to the most famous neighborhoods of the Administrative Capital such as the government district, the financial and business district, the embassy district, in addition to its proximity to many of the administrative capital’s landmarks, such as Central Park, “Capital Park”, the Green River, Al Masa Hotel, the Opera House, the British University, Medical City, Exhibition City.
Types of Units in Atika Compound
The residential architecture consists of 3 floors with the Alto Casa system, a system for duplex apartments consisting of a ground floor, a second floor, and an upper floor, in addition to an attached private garden and swimming pool. All units overlook mini-golf courses and many wonderful landscapes.
Area of Units in Atika Compound
The project provides different residential units as it includes studios, hotel apartments, penthouses, and duplexes, with various spaces to suit all tastes and satisfy all needs. The compound includes apartments of various sizes, for example:
The studio’s area starts from 70 square meters to 160 square meters.
While the independent apartments’ space varies from 90 square meters to 180 square meters.
Duplexes space starts from 160 square meters to 280 square meters.
All its residential units are fully finished.
Features of Atika Complex
The compound is one of the largest projects in the New Administrative Capital, and it is characterized by modernity and sophistication. Its designs were created to imitate the character of ancient Greek buildings.
Atika Compound extends over a vast area of 35 acres, and the least percentage of area has been allocated to residential buildings, while the rest of the area is divided into green spaces, landscapes, swimming pools, a service area, a recreational area, in addition to many diverse landscapes.
Atika Complex Services
Atika Compound includes many services and benefits that meet all residents’ needs and provide comfort and luxury for them, such as:
-Green spaces and industrial lakes
-Wide main streets, as it is located on a 90-meter-wide axis in the main street
-A designated area for children (Kids Area), which is fully secured to ensure the safety and protection of children
-A designated jogging area and a cycling area
-Recreation area for adults and children
-Club House and social club
-Gym and Spa.
-A commercial area that includes many different stores, a mall that includes several international brands for shopping
-Multiple medical services such as a medical center, pharmacies
-Car garages
-Security and guard service throughout the day, surveillance cameras
-Electric elevators
Designs of Atika Compound
Atika Compound consists of 4 areas divided into two main parts, and all buildings within it have attractive distinctive designs, and each residential building comes in a different and varied design, which gives a distinctive and unique shape to the project.
Prices of Units in Atika project
Apartment prices in Atika Compound start from EGP 994,000 to EGP 2,671,500 for units’ areas ranging from 70 square meters to 212 square meters.
As for the apartment with a garden in Atika, its prices range between EGP 1,246,000 and EGP 3,000,000 for areas starting from 71 square meters to 280 square meters.
Penthouses in Atika Compound range from EGP 1,498,500 up to EGP 3,990,500 for spaces ranging from 111 square meters to 230 square meters.
Prices of Real estate properties in Atika range from EGP 1,974,000 to EGP 2,240,000 for spaces from 141 square meters to 160 square meters.
Price Per Square Meter in the Atika project
As for apartments, the price per square meter is about EGP 14,000 (it increases and decreases according to the apartment’s location and finishing).
As for the square meter of apartments with gardens in Atika, it is approximately EGP 17,000 (prices are subject to change based on the type of luxuries and the location).
The price per square meter in the penthouse is approximately EGP 14,000 (prices are subject to change based on the type of luxuries and the location).
The price per square meter in the rest of the properties in Atika is approximately EGP 14,000 (prices are subject to change based on the type of luxuries and the location).
Payment Systems in Atika Compound
The company provides its customers with more than one payment system, and it also allows the possibility of installments through the following plans:
Installment of the unit value over 4 years without a down payment, in equal installments and without interest, and in this case, the customer will receive a 2% discount from the unit value.
Installment of unit value over 5 years in equal installments without interest, and the customer gets 1% discount from the unit value.
The customer pays 5% of the total unit value and pays the rest of the amount in equal installments up to 6 years without interest.
The customer pays 10% down payment upon contracting and another 10% upon receipt while paying the remaining amount in installments over 7 years.
In addition to choosing one of the previous payment methods, 8% of the unit value is paid as a maintenance deposit, and the units will be delivered within 2022.
Information About the Residential Neighborhood in the New Administrative Capital
The residential neighborhood is considered one of the districts of the Administrative Capital, characterized by its sturdy infrastructure and luxury elements while maintaining building standards.
The area of the residential neighborhood is approximately 40% of the total area of the New Administrative Capital, which is estimated at about 170 thousand acres.
The residential district is divided into several phases; the first phase, in which 80% of its neighborhoods were built, and it consists of 8 neighborhoods starting from the R1 to R8. All of these neighborhoods are located between the Central Ring Road and the East Regional Ring Road.
The residential neighborhood is surrounded by important facilities of the Administrative Capital, and it is equipped with all main services and entertainment, which make life easier for residents.
The residential neighborhood is not limited to apartments but also includes villas, townhouses, duplexes, to satisfy all categories and tastes.
Many major contracting companies have contributed to the implementation and development of the residential neighborhood, among the most prominent of these companies are the Arab Contractors, Talaat Mostafa Group, Orascom, Concord, and a number of other prominent companies.
The R7 district is distinguished by its excellent location, close to the Governmental District, the Diplomatic District, the Medical City, Culture and Arts city, the Conventional Center, Al-Fattah Al-Alim Mosque, and Bin Zayed Axis.
