Ready to transfer

Duplex 2BR — Ion

Ion · New Capital City

Developer: Prime Developments

  • Duplex
  • 2 BR
  • 2 bathrooms
  • 106 m²
  • Floor: 4
  • تشطيب كامل
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Photo of Ion
Cash to the sellerEGP 975,000

Exactly what the owner has already paid the developer, per the receipts — no markup.

No markup
Remaining to the developer
EGP 2,275,000You continue it on the original contract terms
Total contract price
EGP 3,250,000The price written into the original contract
Developer's price today
EGP 5,300,000For the same unit, or its closest equivalent
Difference vs. market price
EGP 2,050,000Indicative figure
Installment amount
EGP 140,000Frequency: Quarterly
Installments remaining
16 installmentsQuarterly
Years paid so far
2 yearsHow long the owner has been paying
Total the buyer paysCash to the owner + remaining to the developer + platform fee — indicativeEGP 3,290,625

The platform fee is 1.25% of the contract value, charged to the buyer and only once the transfer completes. The seller pays nothing.

EGP 40,625

Why is the owner assigning instead of cancelling?

The comparison is indicative and assumes a 15% cancellation penalty on the contract value, the common rate across most developers. The actual rate comes from the contract itself.

If he cancels the contract

The developer keeps the penalty and refunds the rest over years.

What he has paid
EGP 975,000
Cancellation penalty (15%)
− EGP 487,500
What comes back to him
EGP 487,500
Refund waiting time
3 years

If he assigns the contract

He takes what he paid in cash from the buyer, and the buyer continues the installments.

What he recovers in cash
EGP 975,000
Timing
On completed transfer
Seller commission
None
Form of transfer
Official, developer-approved
The difference in favour of assigningIndicative figureEGP 487,500

Unit details

Unit type
Duplex
Area
106 m²
Bedrooms
2
Bathrooms
2
Floor
4
Finishing
تشطيب كامل
Compound
Ion
Area / city
New Capital City
Developer
Prime Developments

Assignment at contract price — cash needed EGP 975,000, remaining to developer EGP 2,275,000

Interested in this one?

Leave your details and someone from the team will walk you through the contract and the developer-approval steps. We deal only with the owner and the end buyer — no brokers.

Talk to us

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Every figure on this page is indicative and derived from the contract data the owner supplied. The actual outcome depends on the contract itself, on the developer's approval, and on the market at the time of transfer.

Transfers are executed officially at the developer and with the developer's approval — we do not work with powers of attorney. The platform deals only with the owner and the end buyer, never with brokers.

Listing is free for the seller. The buyer pays 1.25% of the contract value, only once the transfer completes.

AqarTanazol — from AQAR Reference