Cairo Capital Developments has launched its second project, Lake West 2, in Sheikh Zayed City, west Cairo on 14 acres.
Chairman of Cairo Capital Developments Yasser Khalaf said that the project overlooks Dahshur link, which makes it distinguished with a strategic and pivotal location in the city. Lake West 2 is an integrated residential project that comprises various units varied between townhouses, twin houses and separate villas. Additionally, the company is launching a new real estate product within the project, dubbed “Panoramic Villa”.
The panoramic villa spans over 296 sqm, standalone villa’s space reached 282 sqm, meanwhile, space of twin houses is 257 sqm, and townhouse units space range between 230 and 243 sqm.
Khalf added that the company has assigned Dr. Mohamed Shendy as an engineering consultant for the project, noted that the company plans to develop a distinctive and integrated project.
Lake West 2 project encompasses a social club and swimming pools, with only 15% built-up area and the rest area of the project is allocated for green spaces to ensure comfort and well-being of project residents, according to Khalaf.
He pointed out that Cairo Capital Developments offers various payment plans to customers, which are commensurate with purchasing power of target customers, accordingly, the company offers payment plans that include 0% down-payment and installment plan up to 6 years, equal installments. The second payment plan is paying 7% down payment and installments over 7 years, equal installments. The third payment plan is paying 10% down payment and the rest over 8 years in equal installments.
It is planned to begin delivering the project within 3 years, therefore, the company has a clear and specific construction plan that will start as soon as necessary licenses are obtained, he disclosed.
Lake West 2 compound is located at a height of 17 sqm from Sheikh Zayed City, the project facade is 350 sqm, and units are completely overlook the project interface,” he said. “The launch of the Lake West 2 project came after the big success of the Lake West 1 compound in Sheikh Zayed, which was fully sold out. Furthermore, the company has completed about 60% of its constructions.”
Sheikh Zayed City one of the most promising areas and enjoys a strong demand, he concluded.