Your comprehensive consulting guide on how to buy New Mansoura properties and everything you need to know before buying

Since there is a tendency for many to buy in new cities and projects under construction, and most of them do not know how to buy the right property, here we offer real estate advice if you buy a new property in New Mansoura city or any new city in Egypt to which the same points applies, but here on the site we care more about the new city of Mansoura, the capital The tourist delta and its surrounding cities and popular projects as well, and this issue does not apply to government housing apartments. The details of applying for a unit are done through the voting system from time to time, except in the case of purchasing from a person who has previously purchased from the Urban Communities Authority.

This evidence was after the emergence of some scams on real estate groups on Facebook in some projects in other cities for unreliable companies that do not commit to construction or handing over units on time with clients who have no experience in the real estate field and have not gone through the buying experience before, so they are deceived in contracts, rights, ownership or extortion. Therefore, it is our duty to benefit people with what we know, as we have knowledge that may be limited in the real estate market to you, but it is modest points that you can modify and improve according to your experience as well.

1- Determine the purpose of purchasing the property

The first thing when making a purchase decision is to determine the purpose of the purchase, if it is for the purpose of investment, or for the purpose of housing. A type of property that meets your purpose and need for the right property.

2- Select the most appropriate type of property

After correctly defining your purpose of buying the property, we begin to determine the type of property that is suitable for you. For example, if you are a doctor who needs a place to work, you can buy a medical clinic in the medical center, and this clinic may have multiple rooms to share with more than one doctor with a rental value, and you will benefit from it as an investment. Also, the same applies if you are the owner of an office and want an administrative unit.

Either if it is for the purpose of housing, you can buy either a studio, an apartment , or a villa , and it varies according to the number of family members, the available budget, or the social status, as well as the importance of privacy, and according to the purpose of purchase, whether it is permanent housing or summer and seasonal vacations.

But if it is for the purpose of investment only, you can buy  a commercial unit in a distinguished location inside a commercial mall that has a management and operation company that helps you with rents and attract large agencies. Receipt may double if we decide to buy now with the longest repayment period.

3- Select the appropriate space

Determining the appropriate space for the required property is one of the most important points that affect the unit price, as well as the purchase decision. If the space is large, it may exceed the specified or available budget, and therefore the quality of the spaces must be well understood, so we will clarify the difference between the net and the selling areas, but to note that you must know that there is no developer sells a net area without loading, otherwise he adds the price of the load percentage above the unit price.

In other words, he explained that in the case of buying a unit of 100 meters with a 20% load, at a price of one million pounds, meaning that the price per meter with loading is 10 thousand pounds. If he wanted to sell it with a net area, he would sell the meter for 12.5 thousand pounds, so that the total would be one million pounds at the same price as the download, so the net meter price is always more expensive and is compensated download diff.

Apartment net area and sales area

•  Sales area: It is the area mentioned in most sales contracts, and it is the total area of ​​the interior apartment, and the “loading ratio” is added to it, which is a percentage of the services in the building. an average of 25%.
•  Net area: It is the interior area of ​​the unit or apartment only without any load percentage of utilities such as entrances, stairs, elevators, skylights, etc. It is almost the area of ​​the apartment tiles, i.e. the part that you benefit from directly only.

4- Select the most appropriate location

Now we must determine what is the best place or location suitable for the type of units, purpose, or required need that we have identified, and here we will mention the new Mansoura city, and what is distinguished in the new Mansoura city is that it is planned according to the highest standards and has a complete distribution of services on all stages of the city, which facilitates the provision of services in all Areas Also, due to the small size of the city and its small width, this may be the last obstacle that you may face in the decision.

But in some cities it is a very important point and difference, as the prices differ according to the place, neighborhood or street. Here we note that the low price does not guarantee you a suitable location for your work or suitable housing for your children or be easily accessible to it and to the surrounding services.

5- Determine the budget

Now that we have determined the purpose of purchase, the type of unit, and the required space, we must determine what is the budget available for purchase? Which we cannot bypass and the maximum down payment and the maximum installment that we can bear without any financial pressure so that we are not exposed to any financial fines or conditions that may sometimes lead to the termination of the contract, so we must specify the following

What is the budget available for purchase and determine the maximum amount? And the maximum advance that can be paid? And the maximum monthly or quarterly installment that can be paid and committed to for a long period, which is the contract period?

Here, we must know very well that each place and each type of property has a different price. The price of a commercial meter is different from the price of an administrative meter, other than the price of a medical meter, other than the price of a residential meter. The price of the same type differs from one place to another. Therefore, when determining the budget, it must be based on a realistic basis, and this is what takes us. For the next point and the importance of the real estate agent or consultant.

6- Choose the best Property consultants

Choosing a real estate agent or property consultant to help you in making a decision is one of the best decisions that affect the entire process, and if this article is divided into 12 points, half of them depend on you, the other half depends on the information of the real estate consultant that not everyone may know and that you may not find when Looking on your own as well as saving time and saving effort.

And here I must mention that I am not talking about the class of unqualified middlemen! But I am talking about a qualified real estate consultant who has been trained in marketing, selling, negotiating and writing contracts. He has experience in projects and the real estate market and awareness of the city plan. We here at the New Mansoura website provide you with all that in one place . The best opportunities In order to find the best value at the best price, click here and get the best offer that suits your request . 

And all of this is free of charge in New Mansoura or other cities as well, for all units of projects that are under construction and that are sold directly from the developer company, and not by reselling from an individual who previously purchased, because in this case an agreement is made in advance between each party.

The advantages of choosing New Mansoura website consultants

1. Professional sellers with great experience in the real estate field are qualified to help you 
2. They are present on a daily basis in the new Mansoura city
3. Experience in the city market, and we worked with most of the developing companies, and we know the advantages and disadvantages of each place and the best opportunities for them
4. A real estate exhibition that contains all the units of the city's projects, all prices, and all payment plans with all the details
5. Completely free service, without commission, at the same price as the developer itself, without any hidden increase or change
6. Reliable service from the opinion of previous clients we helped, some of whom bought from outside Egypt

7- Select the best projects

After defining all the previous data and very easily through the real estate consultant, knowing all the projects that offer the units that suit you, so you must select more than one project, if any, and take a quick look at the project’s shape, design, and the average price per square meter in the project, and be aware that there is no price separation with For companies, the price that you get from the developer company, its agents, or the real estate consultant is the same and there is no change in it, but discounts can be negotiated in return for paying an amount greater than the required down payment or paying in periods less than required from the company itself, and this differs from one company to another.

8- Compare the best offers and services

After knowing the projects that provide the same required unit, we must compare each project with the other from all points, such as price differences, if any . The price difference is always behind a difference in quality, services, or location, such as if it is a project directly on the sea and a project directly on the international road. It is natural that the difference in place makes a difference in the price, and therefore we must compare prices and the causes of price differences. Are they vital and a difference for us or not? No?

As well as the services available within the project, and in exchange for these services, what are the other fees required upon purchase, such as the maintenance and garage deposit, if any, and if it is mandatory, and are there any other fees outside the maintenance, such as cleaning, security, the club, and others.

9- Compare the best developers and previous works

One of the very important points when choosing a project is to know who is the real estate developer  or the company that owns the project and what is the previous work it has, especially if the project is under construction. Where we do not recommend buying from a new company in the real estate market with a project under construction except in very narrow cases, such as if its founders are well-known in the market or socially eminent personalities, etc. But in the case of an existing company, does it have previous works that were already established and delivered? Did you encounter financial problems, legal problems, or construction problems? Is there a delay in deliveries or is the delivery in conformity with the contracts with the buyers? Hence we know the strength of the company and the possibility of buying through it or not.

10- Knowing the construction and legal position of the project

After selecting the project and the company and knowing the units , areas and prices that are suitable for us in the project and that they match the available budget, the project must be examined and known if the project on the ground is identical to the designs or are there changes, and have they started construction or not? What is the construction phase? And when was the plot of land received and were the necessary licenses obtained? Did he get the ministerial decision or the answer to allocate the plot of land? Has the price of the land been paid, or is it still being paid, and are there any late installments?

11- Review the terms of the company's sales contracts

One of the very important points before buying is to see a draft of the company’s contracts, to know the terms, conditions, and provisions, to know what your rights and guarantees of compliance with all of the above, the services mentioned, and the penal conditions in case of violation of any of the terms of the contract by both parties, and is it explicitly mentioned that the unit has a share in the land of the building or not ? What happens when I or the company fails to deliver late? In general, your choice of a reliable company saves all this effort, but you must know what you have and what you owe, so the contract remains the law of the contracting parties.

90% of the companies do not agree to change any of the clauses of the contract, and this may find it inappropriate if you disagree on any clause, but this is in the interest of buyers because all contracts are unified and there is no difference from one person to another to a third who has requests that may interfere with the rest of the owners or affect some .

Most of the company contracts in the new cities are contracts of compliance, and they are not against you at all, but they guarantee your right by 100%, but in return the company guarantees the right of 200% of any loophole that hundreds of buyers may exploit.

12- Seize the opportunity 

After you have completed all the previous points correctly and you are completely satisfied with the choice and you are convinced of every step you took, then this is the right time to take the next step and book the appropriate unit and seize the opportunity before any price increases or changes in payment plans or selling the selected unit to another party 

Here, we must note that the implementation of the purchase process with the developer company must be carried out through the real estate consultant who helped you reach this step in order to preserve his rights, fatigue, and efforts, and the right of his company, which holds him accountable for his time, tools, and performance.

Also, it is very important not to follow up with more than one real estate agent at the same time so that there is no overlap in rights, but you have the right, if you do not like to follow up with a person, an individual, or a company, to search for another after cutting off contact with the previous agent or company.

To be more assured of the accuracy and correctness of the information you receive from this agent or marketing company, you can come by yourself and visit the website of the company developing the project or its sales headquarters, and this visit will also be in coordination with the real estate consultant with whom you follow up, whether this consultant we are in the New Mansoura site or a marketing company Others or individuals, because going without it and registering your data for the direct sales team of the developer company wastes the rights of others, so it must be noted.

We regret the length, but due to the sensitivity of the subject, the drug is the most expensive product in the world, so if the article was useful to you, we will be pleased with your opinion and your support for us as well by publishing on the communication sites and other platforms with the article link.

If you are interested in buying a property in Old Mansoura and not in New Mansoura, and you are interested in knowing how to find the best value at the best price, and you are interested in a comprehensive guide to distinguish the best units from individuals and evaluate them well on the right basis, send us a message

And we will even help you to prepare a comprehensive guide for the units to receive from individuals. Good luck everyone.