Mangroovy Residence Company is Egypt’s leading real estate developer, known for its luxurious and modern properties. The company offers many residential options, including apartments, villas, townhouses, and chalets, designed to meet the needs of different clients.
One of the unique features of Mangroovy Residence is its beachfront location in El Gouna, a popular tourist destination in Egypt. The company has built 726 luxury apartments and studios, 34 spacious townhouses, and 14 modern villas directly on the beach, offering residents stunning views of the Red Sea.
Mangroovy Residence is designed to provide residents with well-being that uplifts their spirits and sparks change in their lives. The company offers an appealing blend of luxury resort amenities, designer interiors, and a peaceful environment that allows residents to decompress and focus on their happiness.
Overview of Mangroovy Residence
Mangroovy Residence is a luxurious resort in El Gouna, Egypt, owned by Eng. Ahmed El-Swedy. Spaceplus, an architecture company based in Berlin, Germany, designed the project. The resort spans 40 acres and is around 21 km North of Hurghada’s airport.
Location and Accessibility
Mangroovy Residence is the only project in El Gouna with a beachfront of 35,000 m², making it a prime real estate location. The resort is accessible a few minutes from El Gouna’s essential attractions. The Red Sea coast directly overlooks the 360m seafront, providing a stunning sea view.
Residential Options
Mangroovy Residence offers a diverse range of luxurious and modern properties, including apartments, villas, townhouses, and chalets, to meet the needs of different clients. The resort features 726 luxury apartments and studios, 34 spacious, detail-oriented townhouses, and 14 modern villas.
Architectural Elegance
One of the resort’s key features is its architectural elegance, inspired by El Gouna’s natural beauty. The resort’s buildings blend seamlessly with the natural surroundings, creating a harmonious and tranquil environment. Top designers design the interiors, providing a luxurious and comfortable living experience.
Mangroovy Residence is a luxurious and elegant resort that offers a state of well-being that uplifts the spirit and sparks change in life. It is a perfect international destination for a luxurious and comfortable living experience in a stunning sea-view location.
Investment Potential
Real Estate Market Insights
Mangroovy Residence Company Egypt is a leading real estate and tourism investment company that provides lucrative investment opportunities for investors. The company has a strong reputation in the market, and its projects are of high quality. The real estate market in Egypt has been growing steadily over the years, and El Gouna is one of the most desirable locations for real estate investment. The demand for properties in El Gouna is high, and property values have consistently increased.
Investment Benefits
Putting money into Mangroovy Residence Company Egypt is a wise financial move. Investors should anticipate strong returns on their investments because the company’s initiatives are in desirable areas. The organization provides low down payment choices and flexible payment schedules to facilitate clients’ portfolio investments. Additionally, all of the company’s tenants receive discount cards, which lowers the cost of abundant facilities and services.
Financial Terms
Mangroovy Residence Company Egypt provides investors with favorable financial arrangements. The organization offers low-down-payment alternatives and flexible payment plans, which allows investors to invest in their portfolios more quickly. To ensure investors a consistent revenue flow, the company also provides a net operating income (NOI) guarantee. El Gouna real estate has steadily improved in value over time, making it a wise investment.
Lifestyle and Amenities
Mangroovy Residence in El-Gouna offers a lifestyle that goes beyond luxury and elegance. The company provides a gateway to a state of well-being that uplifts the spirit and sparks change in life. The residential area offers easy access to the whole location, with a calm and beautiful neighborhood created for an exclusive community.
Community and Recreation
Mangroovy Residence offers a creative, relaxed, and welcoming community. With 726 luxury apartments and studios, 18 spacious townhouses, and 14 modern villas, the company provides various living options to suit different lifestyles. The residential project is built directly on the beach in El Gouna.
Health and Well-being
Mangroovy Residence prioritizes its occupants’ health and well-being by offering various amenities that encourage an active and healthy lifestyle. To help residents unwind and revitalize, the company offers a modern gym, yoga and meditation courses, and a spa with various treatments. The garden and landscape spaces provide a tranquil setting for locals to relax and take in the scenery.
Dining and Entertainment
Many dining and entertainment options are available at Mangroovy Residence to accommodate a range of interests and preferences. The company provides a range of eateries and coffee shops that serve delectable cuisine and beverages, emphasizing fresh and healthful products. The recreation spaces and swimming pool are ideal for residents to unwind and mingle with friends and family.
Design and Features
Interior Specifications
Mangroovy Residence Company Egypt offers luxurious and fully finished apartments, studios, townhouses, and villas. The company’s emphasis on elegance and sophistication is reflected in the design of each unit. The apartments come in various sizes, including duplexes, with modern amenities and top-quality finishes. The studios are chic and compact, perfect for young professionals or couples. The townhouses are spacious and detail-oriented, while the villas are modern and stylish.
Sustainable Living
Sustainable living is a priority for Mangroovy Residence Company Egypt, Which has made investments in energy-efficient infrastructure, such as solar panels and LED lighting, to lessen its carbon footprint. The structures have features like double-glazed windows and insulation to reduce energy usage. Additionally, the business promotes environmentally beneficial habits among the locals, such as recycling and water saving.
Developer Profile
Orascom Development
Mangroovy Residence Company is a subsidiary of Orascom Development, Egypt’s leading real estate development company. For over 30 years, Orascom Development has been in the real estate industry and has a reputation for delivering high-quality projects that meet its clients’ needs. The company has a diverse portfolio of properties, including hotels, residential buildings, and commercial spaces.
Portfolio and Reputation
Mangroovy Residence Company is known for its luxurious and modern properties, including apartments, villas, townhouses, and chalets. The company has won several awards for its innovative design, sustainability, and customer service. In 2019, Mangroovy Residence was awarded the “Best Residential Development in Egypt” at the Africa & Arabia Property Awards.
The company’s reputation for excellence is evident in the Mangroovy El Gouna Resort, characterized by its unique design and prime real estate location. The development has 360 meters of seafront directly overlooking the Red Sea coast, making it one of the most sought-after properties in Egypt.
Ownership Experience
Mangroovy Residence Company Egypt is a reputable real estate developer that provides luxurious and modern properties to meet the needs of different clients. The company has a unique vision for projects: choosing an enchanting location, designing the properties, and providing all the services and requirements clients need. The company’s exceptional ownership experience focuses on customer service, maintenance, and upkeep.
Customer Service
An important priority for Mangroovy Residence Company in Egypt is customer service. The organization’s committed group of experts is available to help clients with any questions or issues. Tqueries guarantees that customers obtain accurate and timely answers to their questions because they are well informed and trained. Additionally, the business offers thorough after-sales care to its customers, ensuring they are happy with their purchases and that problems are dealt with promptly and effectively.
Maintenance and Upkeep
Mangroovy Residence Company Egypt understands the importance of maintaining and keeping properties in top condition. The company has a dedicated maintenance team that ensures that all properties are well-maintained and in excellent condition. The team ensures that all common areas, such as gardens, swimming pools, and other facilities, are clean and well-maintained. The company also provides its clients with a comprehensive maintenance schedule, ensuring that all maintenance and upkeep tasks are done promptly and efficiently.
Local Insights
El-Gouna Community
Mangroovy Residence Company is located in El-Gouna, a self-sufficient town on the Red Sea coast of Egypt. El-Gouna is known for its vibrant community and diverse culture. The city offers a range of activities and events throughout the year, from water sports and beach parties to cultural festivals and art exhibitions.
Accessibility and Transport
Mangroovy Residence is situated about 21 kilometers from Hurghada International Airport. The airport provides direct flights to important locations in Europe and the Middle East, making it convenient for both locals and tourists to get to and from the town.
The town is also easily accessible by road, with a well-connected network of highways and public transportation options. Mangroovy Residence is a prime location with easy access to El-Gouna’s marina, shopping, entertainment, and hospitals.
Mangroovy Residence offers a unique living experience in a vibrant and self-sufficient community. Its prime location and accessibility make it ideal for those who seek a comfortable and luxurious home in a beautiful urban setting.
Market Trends and Dynamics
Demand and Supply Analysis
Mangroovy Residence is a real estate development company in Egypt that has gained considerable attention in recent years. The company has created a niche in the real estate market by developing high-quality residential projects on the Red Sea Coast.
The real estate market in Egypt has been growing steadily over the years, driven by increased demand for commercial and residential properties. The country’s growing population and increased property investors drive the demand for properties in Egypt. This has led to a rise in the market supply of properties, with many real estate developers like Mangroovy Residence taking advantage of the growing demand.
Mangroovy Residence has differentiated itself from other real estate developers in Egypt by focusing on developing high-quality residential projects that meet the needs of property investors. The company has achieved this by using the latest technologies and practices to reduce energy consumption and minimize its environmental impact. This has made the company’s projects more attractive to investors seeking sustainable and eco-friendly properties.
Future Outlook
The Egyptian real estate industry and Mangroovy Residence have bright futures. Egypt’s property market is predicted to continue expanding due to the country’s growing population and rising number of real estate investors. Real estate developers like Mangroovy Residence now have a fantastic chance to keep creating high-caliber residential buildings that satisfy the demands of real estate investors.
In addition, the government of Egypt has been implementing initiatives to support the growth of the country’s real estate market. These initiatives include the development of new infrastructure projects and implementing policies that support the growth of the real estate market. This is expected to boost the demand for properties in Egypt further and create new opportunities for real estate developers like Mangroovy Residence.
Mangroovy Residence is well-positioned to take advantage of Egypt’s growing demand for properties. The company’s focus on developing high-quality residential projects that meet property investors’ needs has helped it differentiate itself from other real estate developers in the country.
EGYPT MLS
Egypt MLS, under Arab MLS, is a cutting-edge real estate platform for licensed professionals, realtors, and brokers in Egypt. It offers a comprehensive property database for easy searching, comparing, and booking of properties for sale, set to revolutionize the real estate industry in Egypt.
Frequently Asked Questions
What career opportunities are currently available at Mangroovy Residence in Egypt?
One of Egypt’s top real estate development companies, Mangroovy Residence, provides job seekers various career options. Interested parties can explore employment positions and submit an online application by visiting the company’s official website.
How can I get in touch with Mangroovy Residence for inquiries or concerns?
Mangroovy Residence has a dedicated customer service team available to address any inquiries or concerns that customers may have. Customers can contact the team through the company’s official website, email, or phone number.
What are the recent reviews and ratings of Mangroovy Residence in Egypt?
Mangroovy Residence has received positive reviews and ratings from customers and industry experts. The company has been recognized for its innovative design, sustainability, and customer service. Customers have praised the company for its attention to detail, quality of construction, and overall value for money.
Who is the owner of Mangroovy Residence, and what is their background?
First Residence Development, a leading real estate development company in Egypt, owns Mangroovy Residence. A team of experienced professionals founded the company with a passion for innovation and sustainability. The team is committed to delivering high-quality projects that exceed customer expectations.
Can you provide the address and directions to Mangroovy Residence in Egypt?
The Mangroovy Residence is in El Gouna, a well-known resort community on Egypt’s Red Sea coast. The address of the development is Mangroovy Beach, Red Sea, Egypt’s El Gouna. Consumers seeking directions to the development can utilize various mapping services or Google Maps.
Are there options to rent properties at Mangroovy Gouna, and how do the terms compare?
Mangroovy Residence offers a range of properties, including luxury apartments, townhouses, and villas. The company does not currently offer rental properties at Mangroovy Gouna. However, customers can contact the company’s customer service team for more information on the terms and conditions of purchasing a property at the development.