People and Places Developments is a leading real estate development company in Egypt. The business, founded by Khaled El Assal, Mohamed Khaled El Assal, Karim Khaled El Assal, and Nabil Amasha, has created and delivered exceptional mixed-use masterplans and communities throughout Egypt. Their projects are known for their high quality, innovation, and attention to detail.
One of the most notable developments by People and Places is The Med, a resort located on the North Coast of Egypt. The Med is a 307-acre complex of villas and chalets with floor plans starting at 122 m2. Starting at 13,580,000 EGP, interested parties can reserve units with a 5% down payment and pay the remaining balance in eight years’ installments. The resort is 30 minutes from Sidi Abdel Rahman and 35 minutes from Sidi Henish, with access to the Alamein International Airport through The Med New Cairo Village.
People and Places Developments is committed to creating authentic living experiences crafted by the next generation of community makers. Their developments are designed to provide residents with a high quality of life, featuring modern amenities, green spaces, and a sense of community. With a focus on innovation and sustainability, People and Places is leading the way in real estate development in Egypt.
Historical Context of Development in Egypt
Egypt possesses an extensive past that stretches back to antiquity. The country’s geographical location made it a crossroads for trade and cultural exchange between Africa, Asia, and Europe. Throughout history, Egypt has been the site of many civilizations, including the Pharaonic, Greek, Roman, Islamic, and Ottoman empires.
The real estate industry in Egypt has undergone significant changes over the last few decades. The government has significantly contributed to its development by implementing laws and regulations promoting industry investment. Consequently, the real estate sector has emerged as a noteworthy contributor to the nation’s economy.
Cairo, the capital city of Egypt, has been the center of development in the country. The city has grown significantly recently, with new residential and commercial structures being built. The government has also invested in infrastructure projects like new roads, bridges, and public transportation to support the city’s expansion.
Alexandria, the second-largest city in Egypt, has also undergone significant development in recent years. The city’s location on the Mediterranean coast has made it a popular destination for tourists, and the government has invested in developing the city’s tourism industry. The construction of new hotels, resorts, and other tourist facilities has contributed to the city’s economic growth.
In recent years, Egypt has focused on developing its renewable energy sector. The government has implemented policies and programs encouraging investment in sustainable energy, such as solar and wind power. This development has contributed to the country’s efforts to minimize its dependence on fossil fuels and combat climate change.
Overall, Egypt’s historical context has played a significant role in shaping the country’s development. The government’s efforts to encourage investment in the real estate industry and infrastructure projects have contributed to the country’s economic growth. Renewable energy development has also become a priority for the country, and it is expected to impact the environment and economy in the long run positively.
People And Places Developments Overview
Vision and Mission
People And Places Developments is a real estate development company committed to designing and developing luxurious mixed-use masterplans and communities in Egypt. The company’s vision is to lead community makers by creating authentic and sustainable communities that provide positive, everlasting human experiences. The mission of People And Places Developments is to create value for their community by designing and building soulful people-centric communities that promote a sense of belonging and togetherness.
Founders
Khaled El Assal, Mohamed Khaled El Assal, Karim Khaled El Assal, and Nabil Amasha founded People And Places Developments. The founders have been real estate industry leaders and designed, developed, and delivered superb mixed-use masterplans and communities in Egypt. They have a passion for creating communities that promote a sense of belonging and togetherness, and they believe that the key to success is to create value for their community.
The founders of People And Places Developments have a wealth of experience in the real estate industry. They have a deep understanding of design, luxury, and community makers. They have a track record of building vibrant communities that foster a sense of unity and belonging. The company’s success is a testament to the founders’ commitment to creating authentic, sustainable communities that provide positive, everlasting human experiences.
Key Projects and Locations
The Med North Coast
People and Places Developments Egypt has established itself as a leading real estate developer in the North Coast of Egypt. Their flagship project, The Med North Coast, is a beachfront development in Sidi Abdelrahman, offering stunning sea views and a Mediterranean lifestyle. The project spans 307 acres and includes villas and chalets, with spaces starting from 122 m². Starting at 13,580,000 EGP, interested parties can reserve units with a 5% down payment and pay the remaining balance in eight years’ installments.
New Zayed Developments
People and Places Developments Egypt has expanded its portfolio to include New Zayed, a strategically located development in Cairo’s western desert. Hills of One is one of their most prominent projects in New Zayed, offering premium villas with a modern design and high-end finishes. The compound is easily accessible from the Cairo Desert Road and is near main roads, such as the 26th of July axis, Wahat Road, and Al Dabaa Road.
Sahel Expansion
In addition to The Med North Coast, People, and Places Developments, Egypt has expanded its presence in the Sahel region with new developments. The Sahel Expansion project is set to offer a new level of luxury and comfort in Sidi Heneish, with various fully finished villas and chalets. The project is strategically located near North Star, one of the most popular destinations in the Sahel.
Overall, People and Places Developments Egypt has established itself as a reliable and innovative real estate developer focusing on delivering high-quality projects in strategic locations. Their developments offer a unique blend of modern design, luxury finishes, and breathtaking views, making them a top choice for those seeking a premium lifestyle in Egypt.
Architectural and Design Excellence
People and Places Developments Egypt is known for its exceptional architectural and design excellence. The business has worked with prominent designers and architects like Alchemy Architecture to create luxury villas and communities built to the highest standards.
Sustainability in Design
One of the critical focuses of People and Places Developments Egypt is sustainability in design. The company places great emphasis on creating green spaces and designs that are environmentally friendly. Their designs use visually appealing and energy-efficient Mediterranean architecture, which harnesses natural light and ventilation to lessen the need for artificial lighting and air conditioning.
Masterplan Significance
People and Places Developments Egypt’s master plan is designed to create communities that are not only visually appealing but also functional and practical. The master plan considers the community’s needs and provides facilities and amenities catering to them. The company strives to create community and belonging by offering spaces that encourage social interaction and connectivity.
The facilities and amenities provided by People and Places Developments Egypt are of the highest quality, including swimming pools, sports facilities, and recreational areas. The company places great importance on creating a sense of luxury and exclusivity while providing practical and functional spaces for residents.
In conclusion, People and Places Developments Egypt is a company that is committed to creating exceptional communities that are built to the highest standards of architectural and design excellence. Their focus on sustainability, green spaces, and community connectivity sets them apart from other regional developers.
Real Estate Market Insights
Investment Value and Trends
Egypt’s real estate market has been steadily expanding, driven by rising demand for homes in major cities, particularly Cairo. Property Finder recently released data showing 522 active projects totaling USD 309.9 billion in the residential and mixed-use real estate sector. There are twenty-one governorates in Egypt where real estate projects are currently underway. Of these, twenty-two are in advanced stages of development.
Investors recognize the value of the Egyptian real estate market and show a growing interest in investing in the country. The government has been implementing initiatives to attract foreign investment, such as the New Administrative Capital project, which is expected to create new opportunities for real estate development. The market is also encountering a trend towards sustainable and environmentally friendly developments, which will likely continue in the coming years.
Buyer Demographics and Preferences
The Egyptian real estate market serves many consumers, including retirees, families, and young professionals. The market is seeing increased demand for luxury homes and developments that offer convenience and amenities. According to a recent survey by Property Finder, the most popular areas for homebuyers are New Cairo, Sheikh Zayed, and 6th of October City.
Buyers also prefer properties that offer value for money, with developers providing flexible payment plans and affordable prices. The market is also trending toward smart homes and developments that provide advanced technology and security features.
In conclusion, the Egyptian real estate market is experiencing steady growth and offers attractive investment opportunities for local and foreign investors. The market caters to diverse buyers, with a growing demand for luxury and convenience. Due to government initiatives and sustainable developments, the market is anticipated to maintain its rising trend in the upcoming years.
Community and Lifestyle
Creating Connected Neighborhoods
People and Places Developments Egypt believes a sense of community is essential for a fulfilling living experience. They focus on creating connected neighborhoods that foster a sense of belonging and togetherness to achieve this. Their projects encourage interaction and socialization among residents, with green spaces and communal areas promoting a healthy and active lifestyle.
Amenities and Services
People and Places Developments Egypt understands amenities and services are crucial for a comfortable living experience. They provide a range of facilities and services that cater to the needs of their residents, including restaurants, cafes, and retail spaces. Their projects also feature swimming pools, lagoons, and green spaces that promote relaxation and wellbeing.
Wellbeing and Recreational Spaces
People and Places Developments Egypt recognizes the importance of wellbeing and recreational spaces in promoting a healthy and balanced lifestyle. Their projects feature facilities catering to their residents’ physical and mental wellbeing, including gyms, spas, and recreational spaces. They also prioritize green spaces and nature, with projects that feature parks and gardens that provide a peaceful and calming environment.
Overall, People and Places Developments Egypt is committed to creating communities that offer a fulfilling living experience. Their projects prioritize community, amenities, and wellbeing, focusing on developing connected neighborhoods that promote interaction and socialization among residents.
Strategic Partnerships and Collaborations
Egypt has actively sought strategic partnerships and collaborations with various entities to promote the country’s development. These partnerships and collaborations have been established to encourage economic growth, social development, and cultural exchange.
Projects
One of the most notable projects that Egypt has been involved in is the EU-Egypt Strategic and Comprehensive Partnership. This partnership aims to deepen the economic and political ties between Egypt and the European Union. As part of this partnership, the EU has proposed a €7.4 billion financial and investment support package for Egypt for 2024-2027. This package includes €600 million in grants, including €200 million for migration management and €5 billion in concessional loans.
Another significant project that Egypt has been working on is the Strategic Partnership Framework with the United Nations. This framework supports the Egyptian government’s priorities in accomplishing the Sustainable Development Goals (SDGs) and promoting social and economic development. The framework covers 2023 to 2027 and encourages government, civil society, and the private sector collaboration.
Leaders
Egypt’s President Abdel Fattah el-Sisi has been vital in promoting strategic partnerships and collaborations with various entities. He has been actively promoting economic growth and development in Egypt and working to attract foreign investment to the country.
Partnerships
Egypt has established partnerships with various entities, including the European Union, the United Nations, and multiple countries in the Middle East and Africa. These partnerships promote economic growth, social development, and cultural exchange. Egypt has also promoted collaboration between the government, civil society, and the private sector to achieve its development goals.
Overall, Egypt’s strategic partnerships and collaborations have been instrumental in promoting economic growth and social development. These partnerships have helped to attract foreign investment, promote cultural exchange, and achieve the country’s development goals.
Sales and Marketing Strategies
Innovative Payment Plans
People and Places Developments Egypt are known for its innovative payment plans catering to its clients’ needs. The company understands that buying a property is a significant investment, and not everyone can manage to pay the total amount upfront. Therefore, they have developed flexible payment plans that enable buyers to pay in installments over a specific period. This strategy has helped the company attract more customers and increase sales.
The payment plans are designed to increase the property’s value over time, making it a profitable investment for the buyers. Moreover, the company offers competitive interest rates, making it easier for buyers to afford the property. This strategy has helped People and Places Developments Egypt establish itself as a reliable and customer-centric real estate company.
Promotional Tactics
People and Places Developments Egypt uses various promotional tactics to market its properties. The company understands the importance of marketing and has invested heavily in creating a solid brand story. The brand story is centered around the company’s commitment to providing high-quality properties that cater to the needs of its customers.
The organization utilizes diverse marketing channels, including social media, email marketing, and print media, to effectively connect with its intended audience. They also collaborate with influencers and real estate agents to promote their properties. This strategy has helped the company get a wider audience and increase sales.
Moreover, the company offers various incentives and discounts to its customers, making investing in their properties easier. This strategy has helped the company attract more customers and increase sales.
In conclusion, People and Places Developments Egypt has established itself as a reliable and customer-centric real estate company using innovative payment plans and promotional tactics. The company’s commitment to providing high-quality properties that cater to the needs of its customers has helped it establish a strong brand story. The company’s focus on sales and marketing strategies has helped it attract more customers and increase sales.
Future Developments and Prospects
Egypt has been making significant strides in its development efforts, and the future looks bright. The government’s focus on infrastructure development and economic reforms will drive growth and development in the coming years.
Projects
Several projects are underway in Egypt to boost economic growth and development. The government invests heavily in infrastructure development, including constructing new roads, bridges, and airports. The New Administrative Capital project is also expected to be a game-changer, providing a modern, sustainable city as the country’s administrative hub.
Development
Egypt’s development efforts are focused on several key areas, including education, healthcare, and job creation. The government invests in education and training programs to equip the country’s youth with the skills they need to succeed in the modern economy. Healthcare is also a priority, with the government investing in new hospitals and healthcare facilities to improve access to quality healthcare for all Egyptians.
Future
Egypt’s future is bright, with the country poised for continued growth and development. The government’s focus on economic reforms and infrastructure development is expected to drive growth in key sectors such as tourism, manufacturing, and agriculture. The country’s strategic location and strong workforce make it a key player worldwide.
Trends
Egypt is keeping up with global trends, particularly in technology and sustainability. The government invests in renewable energy and green initiatives to reduce the country’s carbon footprint and promote sustainable development. The country also embraces technology, with the government investing in digital infrastructure and encouraging innovation and entrepreneurship.
In conclusion, Egypt’s future looks promising, with the government’s focus on development and growth expected to drive progress in the coming years. The country’s strategic location, robust workforce, and commitment to sustainability and technology position it as a critical player in the global economy.
Frequently Asked Questions
What are the current career opportunities at People and Places Developments in Egypt?
People and Places Developments is a leading real estate company in Egypt that offers various career opportunities for individuals with diverse skill sets. The company continually seeks talented professionals to contribute to its growth and success. Interested parties can apply online and learn more about the positions on the company’s website.
Can you provide reviews and feedback on People and Places development projects in Egypt?
People and Places Developments is known for fulfilling the needs and expectations of its clients by producing high-quality real estate projects. The organization has garnered favorable evaluations and comments from its clientele due to its dedication to quality, careful attention to detail, and customer-focused methodology. The business’s official website is a great place to learn more about its projects and read customer reviews.
What are the latest projects undertaken by People and Places Developments in Egypt?
People and Places Developments is known for its innovative and sustainable real estate projects catering to modern-day living needs. The company has undertaken several projects in Egypt, including The Med North Coast, Hills Of One New Zayed, and many more. The company’s official website provides information on its most recent initiatives and advancements for interested people.
Who is the current owner of People and Places Developments?
People and Places Developments is a privately owned company founded by Khaled El Assal, Mohamed Khaled El Assal, Karim Khaled El Assal, and Nabil Amasha. The founders have been real estate industry leaders and designed, developed, and delivered superb mixed-use master plans and communities in Egypt.
How do People and Places Developments contribute to real estate development in Egypt?
People and Places Developments is committed to contributing to the growth and development of the real estate industry in Egypt. The company is known for its creative and environmentally friendly real estate projects that cater to the needs of modern-day living. People and Places Developments has a team of experienced professionals who work tirelessly to deliver high-quality projects that satisfy the demands and expectations of its clients.
Where is The Med North Coast project by People and Places located?
At 195 kilometers is the People and Places Developments project called Med North Coast. The village occupies an area of 307 acres and includes villas and chalets, with spaces starting from 122 m2. The project is in a prime location that offers fantastic views of the Mediterranean Sea and is well-connected to major highways and transportation hubs. Anyone interested in learning about The Med North Coast project can visit the company’s official website.
Egypt MLS
The Egyptian real estate platform, Egypt MLS, under Arab MLS, is a cutting-edge 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.
