Apartments for sale in Floria

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Property Type:
Apartment
Reference:
EG385614
Location:
Floria - New Capital City
Type:
Flat
Finishing Status:
Semi Finished
Area:
260 sqm
Bedrooms:
3
Bathrooms:
3
Delivery Year:
2026
Listed:
Thu 18 May 2023
Floria New Capital, located in the outskirts of Cairo, Egypt, is a new city that is currently under construction. The new city is being developed by the Egyptian government in an effort to create a modern, vibrant, and livable city. The project is part of the government's larger plan to develop the country's infrastructure and create jobs.

The project is estimated to cost around $45 billion and is expected to be completed by 2028. The city will be built on an area of over 4,000 acres and will include residential, commercial, and industrial areas. The city will have an estimated population of 1.5 million people and will feature a wide range of amenities such as schools, hospitals, parks, and shopping malls.

The city will also feature a modern transportation system, including a metro system, buses, and taxis. Additionally, the city will have a range of green spaces and parks, as well as a large, modern airport.

The government hopes that the project will help reduce poverty and unemployment in Egypt, as well as attract foreign investment. The project is also expected to create thousands of jobs, both in construction and in the services sector.

The project has been met with some skepticism, however, as some people are concerned that the project will be too expensive and take too long to complete. Others are worried that the city will not be able to sustain itself once it is completed.

Despite these concerns, the project is still moving forward and is expected to be a major success. The government has promised to make the city a world-class destination and has already attracted some major investors. The project is expected to be a major boost to the Egyptian economy and could potentially transform the country's infrastructure and economy.

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