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What is Latvia Business Hub Mall and who is the developer?
Latvia Business Hub Mall is a commercial, administrative, medical, and hotel-office project located in the heart of Downtown in the New Administrative Capital. It is developed by My Home Developments, chaired by Engineer Monther Eid, with management and operation by ACCORD and design by Engineer Mohamed Hafez Engineering Consultancy.
Where is Latvia Business Hub Mall located?
It is located in the heart of the Downtown area in the New Administrative Capital, directly on a main axis 50 meters wide, close to Al Masa Hotel, the Green River, the Ministries District, the Government District, and the Financial District.
What is the project's area and how many floors does it have?
The project is built on an area of 2,520 m² and consists of 3 basement floors dedicated to parking + a ground floor + 12 repeated upper floors.
What types of units are available in Latvia Mall?
The mall includes commercial units, administrative offices, medical clinics, and hotel offices, in addition to a pharmacy, a laboratory, an optics center, and a fully equipped radiology center.
How are the activities distributed across the mall's floors?
The ground, first, and second floors are dedicated to commercial activities, floors 3 to 10 to administrative offices, floors 3 to 6 to medical clinics, while floors 11 and 12 are dedicated to hotel offices under the Elite Office system.
What is the starting price of units in Latvia Business Hub Mall?
Unit prices start from 2,345,000 EGP.
What is the price per meter in the mall?
The commercial price per meter starts from 195,000 EGP, the administrative from 137,000 EGP, and the medical from 83,000 EGP, varying up or down according to the floor and type of activity.
What unit sizes are available?
Sizes start from 12 m² for commercial units, 17 m² for administrative units, and 32 m² for medical units.
What are the payment and installment plans at the mall?
The down payment starts from 5% and installments extend up to 10 years, with a range of graduated plans offering discounts of up to 25%, in addition to launch-period plans with guaranteed returns on the down payment.
What is the cash discount percentage at Latvia Mall?
Clients paying in full cash receive a cash discount of up to 50% of the total unit value, one of the highest cash discounts offered among Downtown malls.
What are the guaranteed launch returns?
The launch-period plans offer guaranteed annual returns on the down payment ranging between 24% and 40% during the first payment years, meaning the investor earns income during the construction phase before operations begin.
What is the type of unit finishing in the mall?
Commercial, administrative, and medical units are delivered on a Core & Shell basis, while hotel offices on floors 11 and 12 are delivered under the Elite Office system, fully finished with furniture and air conditioning.
What is the Elite Office system?
It is a system of fully equipped luxury hotel offices, including air conditioning, complete furnishing, a reception desk, two meeting rooms, and an equipped coffee corner. It is also available as Co-working Spaces for startups and entrepreneurs.
Who is the management and operation company of the mall?
ACCORD handles the management and operation of the mall and its facilities. It is one of the leading companies in managing commercial projects in the New Administrative Capital, ensuring unified professional operation that raises the rental value of the units.
Who is the engineering consultant for the project?
The project was designed by Engineer Mohamed Hafez Engineering Consultancy, with over 22 years of experience and a portfolio that includes City Stars Mall, 77 Business Complex, and La Vista City.
