June 22, 2024

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Central Iconic Tower New Capital, Top Payment Systems

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Central Iconic Tower in The New Administrative Capital of Egypt is developed by Modon Developments which is known in the sector for a long time. Central Iconic Tower is not their 1st project in The New Capital, they already did several projects there such as The Tower 1, 2 and 3.

Modon Developments Provides a 20 years payment sysyem with no down payment to buy units in Central Iconic Tower with the best facilities in the New Capital.

The mall is located at the heart of The Down Town in the CBD, which will attract investors, owners and visitors. Here in this article, we will mention the most important elements about The Tower, such as its location, prices and payment systems.

Central Iconic Tower is located in The CBD and has a view over The Tallest Tower in Africa “The Iconic Tower”. It is also near to The Green River, Capital Diamond Tower, Sixty Iconic Tower, Almasa Hotel, The Governmental district, The North Ben Zayed Axis, Monorial Station, Suez Road and The Ring Regional Road.

Central Iconic Tower is divided into 3 underground floors for Parking, and another 14 upper floors. The mall includes commercial, administrative and hotel units.

Services of Central Iconic Tower

There are a lot of services and facilities to serve owners and visitors, such as international restaurants and cafes, artificial lakes, dancing fountain, spa, GYM, conference rooms, kids’ area, high security and firing system.

Central Iconic Tower Prices and Areas

The units’ areas are varied to include:

  • Commercial units at the ground, 1st and 2nd floors with areas that start from 40 square meters.
  • Administrative units from the 3rd floor to the 6th floor with areas start from 40 square meter.
  • From the 10th to the 14th floor are specialized for apartments and duplex with areas start from 95 square meter reaching to 128 square meters.

New Administrative Capital to include 20 towers with various uses: Deputy  Minister - Egypt Independent

Central Iconic Tower prices are affordable and varied to serve investors and individuals,

  • The commercial units’ prices in the ground floor start from 130,000 EGP per square meter.
  • The 1st floor commercial units’ prices start from 56,000 EGP and reach to 66,000 EGP.
  • The 2nd floor is specialized as a food court with prices that start from 35,000 EGP and reaches to 40,000 EGP per square meter.
  • The administrative units are the cheapest with prices that start from 22,000 EGP to 25,000 EGP per square meter.
  • The total price of the hotel units start from 1,200,000 for the cash payment.

The Different Payment systems of Central Iconic Tower

There are a lot of payment systems to buy a unit at Central Business Tower, such as:

  • You can pay the unit cost over 7 years in equal installments with 10% as a down payment.
  • Also, pay 15% as a down payment and 10% on unit’ receipt, while the rest of the amount can be paid over 8 years.
  • 10 years equal installments beside 25% as a down payment and 10% when you receive the unit.
  • There is another system in which you can pay 30% as a down payment and 10% on receipt, while the rest of the amount can be paid over 11 years.
  • You can pay the amount over 13 years in equal installments beside paying 40% as a down payment and 10% as a receipt payment.
  • There is an option to pay 50% as a down payment and 10% as a receipt payment, while paying the rest of the amount over 15 years.
  • The last payment system provides installments that reaches up to 20 years.