Dubai – Masaader News
Yesterday’s opening saw thousands of visitors pouring into the Cairo International Convention Centre to get a glimpse of the major unveilings and to capitalise on attractive payment offers in the residential sector for the mid-income housing segment. Running until the 16th, Next Move Egypt features a 45-strong exhibitor list with more than 7500 sqm of exhibition space.
Attractive discounts and flexible payment offers
Exhibitor Zahraa El Maadi Investment & Development is showing Palm Zahraa, apartment units in Zahraa El Maadi with a 10% down payment and 10-year instalment plan.
While exhibitor Amlak Misr is showing its North Coast property Water Valley and is offering a 0% down payment and a 7-year instalment plan.
Al Saraya is launching its project Calma in Sahl Hasheesh at the show with a 10% down payment and 7-year instalment. The developer is also offering a 5% discount only during Next Move Egypt.
Diarna Real Estate is showcasing Fifth Square Compound in New Cairo, which includes furnished townhouses, apartments and twin houses and is offered with a 5% down payment and an 8-year payment instalment.
Real estate a priority for Egyptians, says Tom Rhodes
“Today’s opening reveals that property remains a number one priority for Egyptians,” says Tom Rhodes, Exhibition Director at Next Move Egypt. “Egyptian homebuyers and investors understand that real estate can provide them with the security and high returns they require, with the least amount of risk and with confidence returning to the market, we expect to see an even bigger turnout over the next two days.”
Aligned with Egypt’s Vision 2030, the exhibition focuses on home ownership and real estate investment opportunities in the country, with show exhibitors offering discounts and flexible payment terms on apartments, villas and townhouses for visitors to avail only during the show.
“I would advise homebuyers and investors to purchase real estate as soon as they can as the prices continue to increase and the more you wait the less affordable it will become,” advises Ayman Sami, Country Head – Cairo Office, for property consultant JLL.
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