Contact, Sakneen partner to provide new tech solution for real estate sector
Sakneen’s search engine provides users with a wide inventory of high-quality listings with accurate prices and a seamless user experience
The sun sets over Cairo during a cold weather around the country, in Cairo Egypt December 5, 2016.
REUTERS/Amr Abdallah Dalsh
By Staff Writer, Arab Finance
Egypt - Contact Financial Holding has partnered with real-estate search engine Sakneen to enable clients to choose properties and finance them, according to Contact's statement released on July 27th.
As the real estate industry continues to develop, home buyers are finding it increasingly difficult to make one of the most important investment decisions due to the ever-increasing choices and options.
Sakneen’s search engine provides users with a wide inventory of high-quality listings with accurate prices and a seamless user experience. The platform offers new properties from over 110+ developers, as well as existing homes on the secondary market. Also, users can access all the information they need to make the right investment decision - such as payment plans, 3D tours, and search filters to help users refine their search to match their needs.
Contact, on the other hand, is providing the financing arm for the properties listed on the Sakneen platform, which gives clients up to EGP 3 million in finance and up to 10 years in payment tenures. In addition to the many facilitations, it also offers clients services such as quick financing, customer support and various channels that clients can pay their dues and installments through.
The listed company closed its second Sukuk issuance by its Sukuk arm; Sarwa Sukuk Company, of EGP 2.5 billion.
Contact Financial Holding, formerly Sarwa Capital, is a non-bank financial services provider, changing the way people and business access finance and insurance.
Operating since 2001, Contact adopts innovative approaches in extending its services, offering quality services with simple procedures and reaching a wide client base through its various subsidiaries, affiliates and partners.
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