Who is the developer of The Loft Plaza Mall New Capital?

The company that owns The Loft Plaza Mall New Capital is Living Yards

The Loft Plaza Mall New Capital shop 44m for sale

Reference: NS 105445

EGP 10,841,400

MLS Realty
+201200070979

Email Agent

+2 012 00 231 000

EGP 10,841,400

The Loft Plaza Mall New Capital shop 44m for sale

Reference:

NS 105445

Price:

EGP 10,841,400 Installment

Price / Sqm:

EGP 246,395 Per Sqm

Store Type:

Mall Commercial Store

Finishing Status:

Core & Shell

Area:

44 sqm

Floor No.:

Ground Floor

Delivery In:

2026

Listed:

Tue 23 May 2023

About The Loft Plaza Mall New Capital

Shop for Sale in The Loft Plaza Mall - New Capital By Living Yards - Delivery Year 2026

The Loft Plaza Mall in the New Capital of Egypt.

The Loft Plaza Mall is a commercial complex that provides a variety of commercial spaces, amenities, and services. As a real estate investment, it offers a promising opportunity for businesses looking for a prime location, modern infrastructure, and high-quality services.

One of the crucial legal considerations when purchasing a shop in The Loft Plaza Mall is to review ownership documents and permits issued to the developer. The developer must have all required licenses and permits available to construct buildings and sell property in the New Capital of Egypt. Ensuring that the developer has a clear title to the property and has no outstanding legal disputes or encumbrances is critical in mitigating future issues.

It is also important for prospective buyers to review and understand the sales contract. The sales contract outlines the payment schedule, delivery date, and specifications of the property, including the building design, infrastructure, interior fixtures, and fittings. It is essential to understand and confirm the deadlines and specifications outlined in the contract to avoid any potential breaches.

Another legal consideration involves the assessment of any other encumbrances or legal restrictions. This includes reviewing zoning laws, restrictions on use, occupation or modification of the property, as well as outstanding taxes, fees or mortgages. It is important to confirm that the shop is free from any legal or financial issues that may affect the transaction.

Additionally, understanding the management and maintenance fees is essential when purchasing a shop in a commercial complex. Buyers should be aware of the fees and charges associated with maintaining the property's common areas such as elevators, landscaping, and security. Understanding the service agreement with the facilities management company provides clear insights into the building's upkeep and ensures that the responsibilities of each party are clearly outlined.

In conclusion, The Loft Plaza Mall offers a perfect opportunity for an investor to purchase a shop in a prime commercial location in the New Capital of Egypt. However, it is essential to conduct due diligence, seek professional guidance, review legal requirements and understand contractual obligations before making a purchase. A well-informed buyer ensures that the transaction complies with the purchaser's requirements, meets market standards and is legally sound.

MLS Realty
+201200070979