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Sunday, February 16, 2020

Alex West compound .. luxury and excellence in heart of Alexandria

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The developer of Alex West

Barons Court Sports and Leisure is the real estate developer of Alex West Compound. The company is one of the most important companies operating in the Egyptian real estate market.

Alex West Compound

It is the most important project of Barons Court for Sports and Recreation, where its investment is about EGP 50 billion. The compound lies on an area of ​​620 feddans.

The project consists of three phases:

  • The first phase «Antoniadis»: Its area is ​​530 thousand square meters. All its construction and service works have been completed.
  • The second stage is “St. Catherine”: Its area is ​​258 thousand square meters.
  • In addition, the work started in the third phase with an area of ​​467 thousand square meters. Also, it is expected to be completed within three years.

Alex West Compound location

The company chose a distinguished location for Alex West, as it overlooks Lake Mariout along Al Taameer axis and the North Coast Road (from km 22 to km 26), so that it appears as a meeting point between the main axes in Alexandria, Borg El Arab, the North Coast, and Cairo.

Most importantly, only 20% of the total area in the compound goes for construction, while 80% of the compound is for greenery.

Alex West Project Services

Alex West is characterized as a compound or a small integrated city, where it has all the essentials of life and the requirements of luxury, for example:

  • Radisson Blu Hotel: One of the most prominent hotels in the region, and it is a five-star hotel that opened in 2009, on an area of ​​100 feddans.
  • Alexandrina conference halls: It is the largest conference hall in Alexandria and the Middle East. Also, it has a large hall that accommodates 3,000 people, in addition to 9 small halls.
  • Hospitals: This includes the Saudi German Hospital, a public hospital, and seven specialized hospitals.
  • City Walk: an entertainment mall.
  • Golf Courses: International golf courses with 18 golf courses.
  • Schools: The compound includes two of the best international schools: Wellington International School and Future Alex West School.
  • College of Medical and Technological Sciences
  • Shopping center
  • Facilities
  • Moreover, security and guarding
  • Central park

Alex West compound units

The residential sector in the project is characterized by being diverse and integrated, as there are villas and apartments for sale in Alex West Compound, with different areas and designs.

The compound has three phases:

  • The first phase “Antoniades residential” has 544 villas.
  • The second stage “St. Catherine” contains 413 villas and residential houses.
  • As for the third and final phase, PHAROS, is designated for apartments. It has 172 residential buildings, and includes 4476 apartments.

Payment systems

Alex West’s policy has been able to absorb all the social levels, so it has provided more than one installment plan, whether over five or seven years.

Overall, the price of the apartments starts from EGP 1,200,000 for the apartments, with the possibility of paying a down payment of 5%, and the installment of the rest for a period of seven years without interest.

As for villas, their price starts from EGP 4,000,000, with the possibility of installment over five years without a down payment, or installment over seven years with a down payment of 5%.

All of these prices are for semi-finished units, but if the customer wants to get a full finished unit he can request that from the company.

It is worth noting that the prices mentioned in the article are subject to change, and we, in Aqarmap, are keen to update the neighborhood price list continuously so that the customer is aware of the changes taking place in the real estate market, as well as we measure demand indicators via the Aqarmap index.

 

The post Alex West compound .. luxury and excellence in heart of Alexandria appeared first on Aqarmap Blog.



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