North Bay - El GounaEl Gouna1,727,000 USD

Who Is The Developer Of El Gouna?

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Who Is The Developer Of El Gouna?
Developer of El Gouna

Have you ever asked yourself who the developer of El Gouna is? The question is worth asking because El Gouna is a well-planned and beautifully designed resort town along the Red Sea coast of Egypt. The town provides a one-of-a-kind vacation experience not found elsewhere.

In this article, we will answer your question and give you more details about El Gouna and its top projects.

Developer Of El Gouna

The Developer behind El Gouna is Orascom Development, the real estate tycoon that has a strong track record of creating successful top-class projects. The company has been operating for more than 30 years and only started with a simple dream to create a resort next to the Red Sea. Which turned into a chain of successes in developing residential, commercial, and hospitality projects.

What is common between all Orascom Development projects is its commitment to delivering world-class standards projects that exceed buyers’ expectations.

Orascom Development’s top projects in El Gouna are:

  • Fair Ways
  • The Nines
  • Miramar Residence
  • Kamaran
  • North Bay
  • Ancient Hill
  • Pearl Resort

After learning some information about the developer of El Gouna, let’s get to know more about the resort town itself.

El Gouna

El Gouna stretches over a huge area of 10 kilometers along the pristine beaches of the Red Sea. It’s known for its crystal clear waters and amazing marine life, making it a popular destination for snorkeling and diving enthusiasts.

The town of El Gouna lies:

  • 25 kilometers from Hurghada
  • 5 hour drive from Cairo
  • 4-hour flight from Europe’s major capitals
  • Close to Hurghada International Airport

This prime location makes El Gouna a testament to Orascom Developments’ focus on creating projects easily accessible from different areas.

Now let’s get to explore some of the top-class resorts in El Gouna.

Fairways El Gouna

Fairways is one of the unique projects known for its luxurious residential options, as it includes a unique set of apartments to let you choose the one that best meets your preferences.

Prices in Fairways range from 213,079 United States dollars to 476,732 United States dollars, differing according to the property size, layout, and number of bedrooms as follows:

Apartments

  • Apartment of 50 square meters, has 1 bathroom, has a selling price of 213,045 United States dollars.
  • While, an apartment of 75 square meters, including 1 bedroom and 2 bathrooms, has a selling price of 312,182 United States dollars.
  • Whereas, an apartment of 120 square meters, has 2 bedrooms and 3 bathrooms, has a price of 451,220 United States dollars.
  • Finally, an apartment of 130 square meters, has 2 bedrooms and 3 bathrooms, got a selling price of 476,656 United States dollars.

For the latest updates on the price list, please check out Fairways Resort listings.

Now let’s check out another unique project in the resort town.

Shedwan

Shedwan rolls out on 419,000 square meters of land, providing a wide range of facilities to make your vacation an unforgettable one.

The prices in Shedwan go from 429,108 United States dollars to 1,030,439 United States dollars. They change from one property to another according to the type and built-up area of the unit.

Please note that the prices of the available properties are constantly updated. For the latest updates on the price list, please check out Shedwan Gouna listings.

After knowing some of El Gouna Developer top projects, are you thinking of owning one of the properties available for sale? Contact Nawy through WhatsApp and one of our consultants will get in touch with you in no time.

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North Bay - El GounaEl Gouna1,727,000 USD
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North Bay - El GounaEl Gouna1,727,000 USD
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