Amer Group Offers New ‘Moneyback’ Method to Sell Units

Wednesday, 5th October 2016

Amer Group aims to sell its remaining units in eight projects through a new program called “Moneyback” that involves immediate handover and ownership of the units, while the cost will be paid off within 10 years, with a guarantee from the Arab African International Bank, reported Al Borsa.

The new marketing program has witnessed a high demand on units since last Sunday, according to Amer Group’s Financial Executive, Reyad Refaat.

The prices of the units range from EGP 450,000 for units with an area starting at 48 square meters, and EGP 5.5 million for villas with area of 370 square meters.

The group aims to sell 5% of its Porto Cairo project, 10% of the Gold Porto Marina project, 10% of Porto Matrouh, 3% of Porto Sokhna, 30% of the administrative building in 90th Street located in the Fifth Settlement, and 20% of its Porto October project, amounting to  1,000 villas.

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