The Tycoon Tower project in the New Administrative Capital is an exceptional investment opportunity presented by the Nile Real Estate Development Company. This project features one of the tallest towers in both the capital city and the entire continent of Africa.
The Nile Real Estate Development Company, after successfully launching a prominent hotel project in the New Administrative Capital, has taken great care to provide a comprehensive and groundbreaking development, the first of its kind in Egypt.
If you are interested in owning a unit in Tycoon Tower, located in the administrative capital, you can click here to secure your spot.
Tycoon Tower's strategic location within Downtown's tourist tower area was meticulously chosen. The project is situated on Plot No. MU-32, right in the middle of the picturesque Green River. This prime location offers direct views of the stunning Green River within the New Administrative Capital. The Nile Real Estate Development Company has recognized the significance of this vibrant and central site in Downtown and the entire Administrative Capital, making it the ideal location for Tycoon Tower.
Nearby landmarks close to Tycoon Tower in the New Capital include Mohammed Bin Zayed North Axis, the Gold Market, Diamond Hotel, and Egypt Mosque.
The Tycoon Tower in the New Administrative Capital covers an estimated area of 18,307 square meters. The Nile Real Estate Development Company has made optimal use of this space to cater to all the needs and desires of future residents, while also incorporating aesthetically pleasing views and ample green spaces.
The design of Tycoon Tower in the New Capital boasts a modern and contemporary style. As the tallest hotel tower in Egypt, Tycoon Tower stands at an impressive height of 233 meters, spanning across 50 hotel floors. Each floor is strategically designated for specific purposes, such as food services, essential amenities, a gym, spa, swimming pool, business management center, and hotel waiting hall.
Residents of Tycoon Tower can enjoy a wide range of services and facilities, including swimming pools throughout the project, a luxurious spa, top-notch reception services, comprehensive security and surveillance personnel, international restaurants and cafes serving high-quality meals, fully equipped gyms, multi-story parking garages, meeting rooms, and CCTV coverage.
When it comes to pricing, the Nile Company offers several selling systems to accommodate different preferences. The fractional ownership system allows customers to rent their units for a minimum of three years, with a minimum of 10% rental return. Fractional ownership units are available on floors 16-24, with varying rates and prices based on the percentage of ownership.
Additionally, Tycoon Tower offers units under the end-user system, including studios, one-bedroom hotel apartments, two-bedroom hotel apartments, and penthouses. Each unit type is located on specific floors, and the prices vary accordingly.
Flexible payment plans are available for interested buyers. Depending on the chosen payment plan, a downpayment of 10%, 15%, or 20% can be made, with the remaining amount payable over a period of 6 to 8 years.
To incentivize early buyers, Tycoon Tower offers attractive discounts. Cash payments or bank transfers made within the first week are eligible for a 12% discount, while payments in the second week receive a 9% discount, and payments in the third week receive a 5% discount. Moreover, an exclusive 40% discount is offered for cash payments made within the first week.
It's important to note that Tycoon Tower caters to a specific category of investors and customers, primarily targeting those seeking high-end hotel units and services. The prices may be relatively high and may not be suitable for everyone.
Overall, the Tycoon Tower project in the New Administrative Capital presents a unique opportunity for real estate investment, offering exceptional facilities and services within one of Africa's tallest towers.
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