PRESSR: El Gouna celebrates town’s 35 year anniversary, amid continued investor and homeowner demand

About this update from Orascom Development Egypt (s.a.e)

El Gouna also unveils new residential properties in exclusive Highland by North Bay and Tuban Waterfalls neighborhoodsPrestigious homes offer early returns, flexible post-delivery payments, and all-season rental potentialEl Gouna, Egypt – As it marks 35 years of consistent growth and delivery, El Gouna today announced the launch of two new premium neighborhoods, alongside a limited-time accelerated delivery plan. The thriving Red Sea coastal town by Orascom Development is offering select homes available for handover within just one year, with extended post-delivery payment terms over five years, and one year of rental commissions waived with El Gouna Plus, the town’s official comprehensive property management and home-services platform.With more than 25,000 residents from over 50 nationalities already living in the town, El Gouna is widely recognized for its modern infrastructure, strong tourism and residential market, and quality of life. Now providing Egypt’s fastest premium real estate delivery plan, this new opportunity addresses increased demand for properties that are ready, livable, and designed for long-term growth and deepens El Gouna’s value proposition for investors, end users, and second-home buyers alike.Mohamed Amer, CEO of El Gouna and Managing Director at Orascom Development Egypt, commented: “For the past 35 years, El Gouna has defined premium coastal living on the Red Sea, grounded in our commitment to delivering ‘Life As It Should Be’ in a thriving, well developed town. These new launches reinforce El Gouna’s leadership, providing direct access to prestigious residences with strong return potential, long-term value and lasting quality. It is an opportunity to join a community that delivers on the promise of dream homes – whether you're investing, relocating, or seeking a year-round destination to return to time and again.”Fastest Premium Delivery in Egypt, Favorable Payment Terms and Property Management ServicesEl Gouna offers a delivery promise grounded in operational readiness. While El Gouna is renowned for its fast delivery, homes under the new plan will be even faster: delivered within one year of purchase, while payment plans extend over five years. Buyers choosing to rent their properties can enroll in El Gouna Plus with one year of commission-free management. This plan provides speed, flexibility, and (nearly) immediate income p...

View stock analysis, news, and events for Orascom Development Egypt (s.a.e)