Compound Mangroovy El Gouna by First Residence

Prices of the Compound Mangroovy El Gouna is a modern and luxurious tourist destination located in El Gouna, characterized by its unique position as one of the first tourist projects directly overlooking the sea. The project is named after the mangrove trees, which are rare salt-tolerant plants that grow in saline environments. The resort spans an area of approximately 193,000 square meters and has been designed according to the latest engineering and architectural methods.

The resort is situated just 120 meters from the beach, allowing visitors to enjoy the clear blue waters and beautiful coral reefs, as well as take advantage of the moderate sunlight.

The owning company of Mangroovy Resort has focused on creating a modern natural environment through the designs of the resort and the internal and external units, planned by the best engineers and architectural consultants in Egypt and around the world.

The resort is located on a spacious land in the tourist city of El Gouna, along the beautiful beaches of the Red Sea known for their stunning coral reefs and golden sands, which offer numerous health benefits. It is also surrounded by the towering red mountains, considered among the most beautiful mountains in the world.

Mangroovy is distinguished by its extensive green spaces and water bodies that cover a large part of the resort, in addition to a variety of recreational services and water activities such as diving, swimming, and fishing. These activities attract tourists from around the world, given the beauty of the fish, caves, and coral reefs submerged under the waters of the Red Sea.

2- Prices of the Compound Mangroovy El Gouna

Mangroovy Residence offers a distinguished selection of luxury residential units in Mangroovy Resort El Gouna, with prices varying based on the type, size, and location of the units within the compound. Whether you are looking for a chalet, town house, or twin house, you will find options that meet your needs. Start your new life in this exceptional resort and enjoy the best available prices and options.

• Twin House: Starting from 150 square meters, priced from 10,500,000 EGP.

• Duplex: Starting from 120 square meters, priced from 8,500,000 EGP.

• Studio: Starting from 67 square meters, priced from 7,175,000 EGP.

• Chalet with Garden: Starting from 100 square meters, priced from 8,900,000 EGP.

• Chalets: Starting from 100 square meters, priced from 12,000,000 EGP.

• Apartments: Starting from 90 square meters, priced from 7,710,000 EGP.

• Furnished Apartments: Starting from 105 square meters, priced from 12,500,000 EGP.

• Villas: Starting from 180 square meters, priced from 9,500,000 EGP.

3- Payment Plans

The payment and installment systems in the Mangroovy El Gouna project are designed to be flexible and convenient, ensuring that they fit the financial circumstances of customers and investors without placing them under financial stress. The payment plans include:

• First Plan: Pay a 10% down payment of the unit price, then the remaining amount can be paid in installments over a period of up to 5 years.

• Second Plan: Pay a 10% down payment, then another 10% upon delivery, with the remaining amount paid in installments over a period of up to 5 years.

4- Developer of the Mangroovy Project

The owner of the Mangroovy Resort project in El Gouna is First Residence for Real Estate Development. The company has leveraged its extensive experience in the fields of construction and tourism development to establish integrated communities that provide all the services needed by clients. It has focused on selecting prime locations with stunning views and expansive areas.

First Residence has placed significant emphasis on planning and design, collaborating with leading companies such as Orascom and Campbell Gray, both renowned for delivering elegant designs that add a unique touch to the project. The company aims to achieve a leading position in the real estate sector after executing several projects that have gained the admiration and trust of numerous businesspeople and investors.

5- Previous Projects by the Company

First Residence for Real Estate Development is committed to constructing its projects in vital and strategic locations, which provides a competitive advantage that distinguishes it from other companies and enhances its standing in the market. The company aims to offer comprehensive projects that include all services both before and after delivery. Some of its notable works include:

• Mangroovy Resort in El Gouna

• Aroma Village in Ain Sokhna

6- Location of Mangroovy Village

The executing company for the Mangroovy project in El Gouna has chosen a strategic location on the Red Sea coast, right in the heart of the tourist city of El Gouna, close to many vital areas and main roads. Key locations nearby include:

• 800 meters from the yacht marina.

• Close to the new Zaafaran Road.

• 3.2 km from the Downtown area.

• Just 2.5 km from the TU Berlin campus.

• The El Gouna International School is 3.6 km away from the project.

• The El Gouna Library and AUC Campus are approximately 2.6 km away.

• The entrance to El Gouna is only 11 minutes by car from the resort.

• The airports of Hurghada, Sharm El Sheikh, and Marsa Alam are in close proximity to Mangroovy, with the project being just 30 km from Hurghada.

• 172 km away from Qusair City.

• Approximately 312 km from Marsa Alam.

7- Area and Types of Units in the Village

Mangroovy Residence has allocated a vast area for the establishment of the Mangroovy Resort in El Gouna, with the project extending over more than 180,000 square meters, featuring a beachfront of approximately 360 meters and a depth of 120 meters.

This large area has allowed for the allocation of spacious areas to implement a variety of services and facilities, alongside residential units, in a harmonious manner that ensures a comfortable and joyful environment. These designs enhance privacy and enjoyment, making the resort an ideal destination for relaxation and recreation.

Mangroovy Residence has ensured a diverse range of residential units within the Mangroovy Resort to meet the needs and aspirations of clients and investors from various categories. The company aims to ensure that everyone looking for a unit in El Gouna finds what suits their lifestyle and desires. The units available at Mangroovy Residence include:

• Chalets: Ranging from 70 square meters to 258 square meters, providing suitable options for families and individuals.

• Townhouses: Starting from 216 square meters, featuring modern designs that offer privacy and comfort.

• Twin Houses: Available with areas starting from 364 square meters, providing spacious accommodation for larger families.

This variety of units makes Mangroovy an ideal destination for those looking to enjoy a luxurious lifestyle along the Red Sea shores.

8- Design of the Village

The owning company of the Mangroovy Resort in El Gouna has delivered a unique project after conducting thorough studies and meticulous planning to ensure that the project becomes a private world characterized by elegance, beauty, and stunning designs.

A team of renowned architects and consultants, with extensive experience in construction and building, oversaw the design of the project. This expertise contributed to creating the project in an ideal manner, free from any shortcomings or defects, providing clients and investors with an unforgettable experience within the Mangroovy Resort, where they will never feel bored, regardless of the length of their stay.

Breathtaking landscapes are spread throughout the resort, thanks to the perfect distribution of gardens and artificial lakes, allowing residents to enjoy the beauty of nature whether they are in their residential units, hotels, or anywhere within the project.

9- Features and Services of the Project within Mangroovy

Mangroovy Resort in El Gouna boasts numerous highlights that make it an excellent investment and tourist destination:

•  Prime Geographical Location: Mangroovy El Gouna is strategically located on the shores of the Red Sea, near the most important cities and tourist villages in the area. It provides easy access to airports and major roads, making it an ideal destination for investors and tourists.

•  Unique Designs: Mangroovy Village features modern designs for both interior and exterior units, carefully planned to provide maximum comfort and tranquility for residents. The designs combine luxury with natural beauty, enhancing the overall experience of staying there.

• Recreational Services and Activities: The resort offers a wide variety of recreational services and activities, including water sports suitable for all ages, ensuring enjoyable and thrilling times throughout the stay.

•  Excellent Infrastructure: Mangroovy El Gouna benefits from integrated infrastructure, including electricity, sewage, and all essential facilities that ensure the project’s stability and sustainability. It is meticulously designed to prevent any faults or issues that could affect residents’ comfort.

•  Investment Returns: The Mangroovy project presents strong investment opportunities, whether through renting or selling units. The option to rent or sell units in Mangroovy is an excellent opportunity to achieve significant financial returns due to the prime location and luxurious services offered by the resort.

The management of the Mangroovy Project has placed great emphasis on providing a comprehensive range of essential and recreational services to meet all the needs and desires of investors looking to enjoy relaxing and happy times within the resort.

Key Services Offered in Mangroovy Resort, El Gouna:

Recreational and Natural Services:

• Equipped Sandy Beach: Includes various water activities suitable for both adults and children.

• Gardens, Trees, and Artificial Lakes: Distributed throughout the resort to enhance its natural beauty.

• Sports Paths: Designated for walking and cycling in fresh air.

• Children’s Recreation Area: Features fun and safe games for kids.

• Outdoor Cinema Complex: For watching the latest movies in an open-air setting.

• Marina for Yachts: For enthusiasts of water trips and viewing coral reefs and surrounding islands.

• Fishing Area: Designed for fishing enthusiasts.

• Game Rooms: Including billiards and ping pong.

Social and Sports Services:

• Sports Fields: Designated for various team and individual sports.

• Shopping Mall: Featuring stores and brands that provide all the goods and products needed by customers on a daily basis.

• International Restaurants and Cafes: Offering dishes and meals from various global cuisines.

• Beachfront Party Area: Designed for hosting events like weddings.

• Large Mosque: Designed in the Islamic style for religious practices.

Essential Services:

• Security and Guard Services: With surveillance cameras operating around the clock.

• Fenced and Electronic Gates: To ensure the resort’s safety.

• Ongoing Maintenance and Cleaning Services: To keep the resort clean and protected from pollution or damages.

• Private Parking: For residential units to prevent congestion within the resort.

Conclusion

Mangroovy Resort in El Gouna represents the embodiment of luxury and natural beauty, offering a unique experience that combines modern design with a strategic location overlooking the Red Sea. With the management’s commitment to providing all essential and recreational services and facilities, Mangroovy creates an ideal environment for residents and visitors to enjoy memorable times filled with relaxation and fun.

Thanks to the carefully considered designs and the customer-centric philosophy, Mangroovy is an ideal destination for tourism investment, presenting opportunities for profitable returns. The project demonstrates a commitment to meeting the expectations of investors and clients while providing a rich natural environment of beauty, making it one of the most prominent resorts in El Gouna.