Jura El Galala Ain Sokhna

Jura El Galala Ain Sokhna

Jura El Galala Ain Sokhna

Project Developer: New Jersey Developments

Developer Overview

CEO Eng. Gerges Youssef.

The company has 16 years of experience in the Egyptian market and has delivered over 1,033 Residential units, 316 Commercial units, 320,000 km² Land bank mostly non gated in new Heliopolis, Sherouk and new Cairo beside “Green Avenues” Compound in New Capital.

Project Location:

Jura El Galala is 550 meters from Galala international Hub.

120 KM from Cairo, Beside Shahawi and Majada projects and part of New Galala City.

Project Area:

10 Acres (200 meters Depth and 180 meter beachfront)

Project Facilities:

• Managed and operated by New Jersey Facility Management.
• Hotel.
• Beach Promenade connected to Galala City.
• Golf Cars
• Sky Lounge (fine dinning and bar).
• 30 meters deep beach front sandy and swimmable with water activities.
• 2 Major Swimming Pools.
• Commercial zone above hotel reception.
• Beach will be ready and operated 2021.
• All units are fully finished, furnished with appliances and serviced by the hotel.
• Units could be rented on Behalf of Clients.

Units Mix

Hotel Serviced Apartments:2 Bedrooms only.

Areas from 75 to 115 m².

Prices from 2,080,000 to 3,600,000.

Payment Plan:

30% Down payment.

10% Deliver (2.5 Years).

7 years plan.

1st Installment after Delivery.

10% Maintenance.

• 12% annual return on down payment in year 1
• 12% annual return on down payment in year 2
• 6% annual return on down payment in year 3

Rent/Leasing Authorization contract.

The company will rent the units with minimum annual rate of 10% of total unit price.

In case the company failed to rent the unit over 6 months after delivery a full refund can be done with no penalties.