New Egyptian government initiatives Ready apartments finished in installments from the Ministry of Awqaf In view of the urgent need to provide suitable housing for citizens, the Egyptian government is working hard to provide all means of support. Among these new initiatives, the Ministry of Awqaf announced the offering of ready-made housing units for citizens on a 3-year installment system without interest, or on a full payment system. So, if you are looking for an opportunity to get an apartment at a low and reasonable cost, then these units may be the right solution for you.
Getting ready to book starts now
The reservation date has been set for next June 10, and the procedure will take place in 5 stages, in 27 governorates and cities nationwide. How can you book? The matter is simple, you can request the requirements documents from the site, the authority’s headquarters, its regions in the governorates, and all branches of Banque du Caire.
The wonderful advantages of booking a ready-made apartment in installments
There are many great advantages to this offer, in addition to being great payment facilities, auction sessions are held at 12 noon, and all details and insurance are mentioned in the terms and conditions.
As for the advance required for the reservation, the advance of the seriousness of the reservation amounts to about 20 thousand pounds, in addition to 200 pounds for the occurrence of the auction on the person.
With regard to installments, the value of the installment ranges between 5 and 40 thousand pounds, according to the level of income. The Endowment Authority confirmed that applicants can pay the auction session insurance, according to the amount fixed next to each item, and the insurance is paid from 9 am to 12 noon.
Endowment apartments prices 2023
The Ministry provides multiple options for paying the price, you can choose the one that suits you best. But what are the options?
- Pay the full price at a discount of 7% of the total price.
- Pay 30% in cash and the rest over three years without interest.
- Paying 20% in cash and the rest over five years, with decreasing central bank interest.
- Paying 15% in cash and the rest over seven years, with decreasing central bank interest.
- Paying 10% in cash and the rest over ten years, with decreasing interest from the Central Bank.
- Paying 10% in cash and the rest over 15 years, with decreasing central bank interest, for youth housing.
These options provide great flexibility for citizens, and guarantee access to optimal housing at the lowest costs.
So, if you want to secure a good accommodation at a low cost and on favorable terms, don’t miss this golden opportunity. The initiative of the Ministry of Awqaf to provide housing units in 3-year installments without interest is an irreplaceable opportunity to realize your dream of owning your own home. And always remember, your home is your second home, do not hesitate to invest in it, as it will be your safe haven and your warm place in this big world.
2023-06-01 13:53:11
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