Egyptian Elegance

As the UK evenings draw in, Abode2 escapes to explore the vibrant Egyptian coastal town of El Gouna

Situated along the stunning Egyptian coastline of the azure Red Sea, El Gouna has been celebrated for over three decades by residents and visitors from around the world for its laid-back, luxurious seaside lifestyle. Spanning an impressive 36.9 million square metres, the town brainchild of Swiss-based Orascom Development, a leading international developer of vibrant, integrated communities in Europe, the Middle East and North Africa.

Founded in 1999, El Gouna is a safe, idyllic town with 9,200 residential units and 18 world-class hotels along 12 kilometres of shoreline. A variety of sought-after amenities including restaurants, international schools, a hospital, banks, workspaces, marinas, two award-winning golf courses, and a spacious culture and conference centre, also sit within this beautiful, gated community.

El Gouna epitomises its own lifestyle known as the “El Gouna State of Mind”. The town's calendar of events caters to a wide range of interests and passions, whether a film enthusiast, sports aficionado, or happy soaking up the vibrant atmosphere, there is always something to do.

One true highlight is the glamorous El Gouna Film Festival, which showcases international and Egyptian cinema. The most recent line-up featured Martin Scorsese's new film, "Killers of the Flower Moon". For those seeking an active lifestyle, the town holds a myriad of sports activities and events including its own Egyptian Premier League football club and the Water Sports Festival offering opportunities to compete and enjoy the natural surroundings. El Gouna’s amenities add to the thriving town and set it apart, making it a destination for international travellers and homeowners year-round.

Home to individuals from more than 50 countries, 45% of property owners are not Egyptian citizens, mainly Europeans, and nearly one-quarter (23%) of them are British nationals.

Mohamed Amer, CEO of El Gouna, commented: “El Gouna has long been redefining luxury living and leisure experiences in an understated, sustainable fashion that makes it an ideal destination for our diverse blend of international residents and visitors. With favourable exchange rates for Brits and direct flights to nearby Hurghada International Airport, El Gouna is a competitive option for both real estate and hospitality with year-round sunshine and more benefits when compared to similar European destinations. We understand the intrinsic value of our stunning natural surroundings, and our new initiatives, North Bay and Remal El Gouna Glamp, are seamlessly woven into the tapestry of El Gouna’s awe-inspiring beauty.”

Stuart Leven, CEO of Orascom Hotels Management, said: “We have seen growing demand from the UK, with a 50% increase in guests visiting El Gouna from Great Britain alone in the first half of 2023, underscoring our commitment to provide an unmatched experience to every guest staying at our hotels. Whether they are looking for a couple’s paradise, a family getaway, or a true adventure, we have curated experiences for every individual.”

El Gouna’s Latest Residential Real Estate Project – North Bay El Gouna’s residential real estate market is thriving. From apartments to standalone villas in 42 neighbourhoods set amidst lagoons, golf courses and other desirable locales, El Gouna has a home for every taste. El Gouna launches North Bay*, its newest neighbourhood designed in collaboration with LEGORRETA, the international architectural firm known for its human-centric and nature-inspired designs. North Bay encompasses 140 homes ranging between single and double-storey stand-alone villas and twin villas, will offer serene living. The beautiful neighbourhood boasts iconic architecture and community amenities, which create an unparalleled living experience overlooking an open lagoon uniquely connected to the sea. The project also benefits from the expertise of EDSA, an award-winning planning and landscape firm that upholds an environmentally-based approach to design.

Amer commented: “Our aim has always been crafting neighbourhoods that are focused on serenity and quality of life whilst thoughtfully integrated with its natural environment. With a booming tourism industry and exceptional property management services, El Gouna is highly sought after for property purchase and rentals, delivering attractive hassle-free yields for investors.” A Sneak Peek at El Gouna’s Next Hotel – Remal El Gouna Glamp El Gouna boasts 18 hotels that cater to various tastes, ranging from lavish five-star resorts to intimate boutique hotels, all offering beautiful, comfortable rooms and adhering to the highest international quality standards and environmental regulations.

*Avg. price between $1,409,000 and $966,000.