What is the down payment on a new compound in Egypt?

How much is the down payment?

The down payment is the first part of the price, paid when the contract is signed and the unit is taken off the market. On the site it is written as a percentage of the unit price, not a fixed sum, because the same developer sets a different figure for a flat and for a shop.

In the catalogue today, 5% stands at the top: it appears on more units than any other figure. 10% sits directly behind it. A smaller set of compounds asks 15%, 20% or 25%, and the highest figure a compound asks today is 70%.

Is the down payment the same in every compound?

No. Each developer sets the percentage, and two compounds selling in the same district can ask 5% and 20% on the same day. It also changes inside one project: the homes and the shops in the same phase are sold on separate plans, and both are printed on the compound page.

How is the rest of the price paid?

The balance after the down payment is spread over instalments, and the developer fixes both their number and their spacing — every three months, every six months or once a year. The catalogue holds plans of one year up to fifteen; eight years and ten years are the two lengths it shows most.

What does the delivery year have to do with the plan?

The delivery year is the calendar year the developer expects to hand the unit over. The catalogue's largest group of units carries a handover year of 2030, with 2029 next. A short plan against a late handover means the price is fully paid before the keys arrive; a long plan runs past handover.

What does a real plan look like?

GIZA DOWN TOWN, a new launch, carries a 5% down payment over ten years on its page. LA VIDA Compound, also a launch, shows 10% over eight years. Both show the shape a new launch takes today: a deposit of a few per cent and a plan counted in years, not months.