Who is the developer of The Brooks compound?

The company that owns The Brooks New Cairo is PRE Developments

Apartment 211m for sale in The Brooks New Cairo

Reference: NS 44046

EGP 4,574,000

MLS Realty
+201200070979

Email Agent

+2 012 00 231 000

EGP 4,574,000

Apartment 211m for sale in The Brooks New Cairo

Reference:

NS 44046

Price:

EGP 4,574,000 Installment

Price / Sqm:

EGP 21,677 Per Sqm

Finishing Status:

Core & Shell

Area:

211 sqm

Bedrooms:

Bathrooms:

Delivery In:

2025

Listed:

Thu 18 May 2023

About The Brooks New Cairo

Apartment 3 Bedrooms for Sale in The Brooks - New Cairo By PRE Developments - Delivery Year 2025

As a lawyer, it is my duty to inform you about the legal aspects of The Brooks by PRE Developments, a compound located in New Cairo, Egypt.

The Brooks is a luxurious compound built over an area of 5 acres and comprises of 72 residential units. The compound offers a range of properties, including villas, townhouses, and duplexes. The Brooks boasts of a range of amenities, including a swimming pool, a children’s playground, a gym, and a clubhouse.

From a legal perspective, The Brooks is a well-planned compound that offers a smooth buying process. The first step in buying a property in The Brooks is to engage the services of a reputable real estate agent or lawyer who will guide you through the process.

The next step is to choose the property that best suits your needs and budget. Once you have chosen the property, you will need to sign a contract of sale with the developer. The contract of sale should clearly spell out the terms and conditions of the sale, including the purchase price, payment plan, and any other relevant details.

It is important to note that before signing the contract, you should conduct a thorough due diligence on the property. This includes checking the title deed, verifying the developer's identity, and ensuring that there are no liens or encumbrances on the property.

Once you have signed the contract, you will be required to pay a deposit, usually 10% of the purchase price, to secure the property. The balance of the purchase price will be paid in installments over a period of time, as per the payment plan agreed upon.

During the construction phase, the developer will keep you updated on the progress of the property. Once the construction is complete and all the payments have been made, you will be required to pay any associated fees, including transfer taxes and registration fees. Upon completion of all payments, the property will be transferred to your name, and you will become the legal owner of the property.

In conclusion, The Brooks by PRE Developments offers a great opportunity to live in a luxurious and well-planned compound in New Cairo, Egypt. As a lawyer, my advice to you is to engage the services of a reputable real estate agent or lawyer, conduct a thorough due diligence, and seek legal advice at every stage of the process to ensure a smooth and hassle-free transaction.

MLS Realty
+201200070979