Fully finished apartments 146m for sale in Badya 6 October
EGP 4,602,078
Fully finished apartments 146m for sale in Badya 6 October
Apartment for Sale in Badya - 6 October By Palm Hills - Delivery Year 2024
As a lawyer, I have been following the legal implications of Badya, a famous residential compound located in 6th of October, Cairo. This integrated development offers a sustainable lifestyle with unique designs and green spaces along with a variety of services and facilities ranging from educational institutions to retail shops. In this article, I will provide a legal perspective on Badya and the legal considerations that should be kept in mind when investing in this real estate opportunity.
Investing in a property within Badya involves signing a contractual agreement with the developer. The contract outlines the terms and conditions of the purchase, including the payment terms, payment schedule, and delivery schedule of the property. Buyers must ensure that the contract is fair and that all terms and conditions are clearly agreed upon to avoid misunderstandings and disputes in the future.
One of the key legal considerations for buying a property in Badya is ensuring that the developer complies with relevant laws and regulations. The developer needs to follow all applicable local, state, and federal laws and regulations pertaining to the construction and operation of the compound. Buyers must verify that the developer possesses all necessary permits and licenses before investing in the property.
Another important legal aspect to consider is the clear and unencumbered title of the property. In simpler terms, buyers must ensure that the seller has legal rights to sell the property and that there are no liens, encumbrances, or legal claims on the property that could negatively impact the buyer's ownership rights.
Working with an experienced real estate lawyer can provide valuable legal guidance to buyers and help mitigate any potential legal risks. A qualified lawyer can review the contract, conduct due diligence on the developer and the property, and guide buyers through the legal process of investing in the property.
In conclusion, Badya is an outstanding real estate investment opportunity with various sustainable features and services in 6th of October, Cairo. It is crucial to consider the legal aspects of investing to ensure a sound and legally compliant investment. Consulting with a real estate lawyer will guide buyers through the legal process, offering a layer of protection against potential risks, and provide comprehensive legal advice. This is essential when investing in any property, including Badya.
Badya Badya is the latest project by Palm Hills Developments in 6th of October City. Badya will be a residential, commercial, and retail compound. Contact us now before Badya Palm Hills is sold out! Palm Hills plans to have over thirty thousand residential units in Badya with over 16% of them being standalone units. Badya compound will cover 3,000 feddans in West Cairo and is a co-development between Palm Hills and The Egyptian New Communities Authority (NUCA). Badya Palm Hills is an integrated project offering apartment buildings, standalone units complemented with commercial, educational, and leisure activities. In Badya compound, commercial components will spread over 12% of the land including: Education (international & local schools), Office (Grade A/B office complex), Retail (concentrated retail, super/hyper market), and Hospitality (luxury wellness resort & spa, 5-star hotel, conference centre and a hospital). Badya Palm hills has apartments, penthouses, twin houses, townhouses, and villas available for sale. Badya the creative city.
Palm Hills Palm Hills Developments is a leading real estate company in the Egyptian market, primarily developing integrated residential, commercial real estate and resort projects. Founded in 2005 by Mansour and Maghraby Investment and Development Company [MMID], the company which is listed on the Egyptian Stock Exchange and London Stock Exchange, traded under the symbols "PHDC.CA" and "PHDC.LI" respectively, was the result of a vision to create self-sufficient and well integrated communities. Currently, Palm Hills Developments has a portfolio of 26 projects spanning different development stages nationwide, and spreading over 27 million square meters [sqm] in Egypt, including 5 million sqm in which is held for sale in Saudi Arabia. The Company's product offering includes primary homes on both West Cairo and East Cairo, as well as second homes by the Mediterranean Sea [North Coast].
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