A high-end compound, entitled Midtown, will be constructed in the New Administrative Capital, Invest-Gate reports.

The compound, developed by Better Homes real estate consultancy and developer, will feature luxurious villas that have floor plans starting from 300 square meters and are near to EXPO City, according to its official Facebook page.

“The project is expected to be finalized within three years and already more than half the villas are sold with prices start at EGP 3 mn,” Osama Mahmoud, an official at Better Homes, tells Invest-Gate.

The 390 villas range in floor plans between 300 to 500 square meters. The newly anticipated project will include twin-houses and townhouses as well.

Midtown will offer potential buyers a chance to provide a 10% down-payment and installments over six years.