Orascom Developments, a prominent real estate development firm in Egypt, has been actively engaged in major tourism initiatives since its inception 30 years ago. In addition to its focus on real estate projects, the company is involved in diverse ventures such as infrastructure development, schools, and hospitals. Orascom Developments is renowned for its successful track record in executing various real estate projects, leveraging three decades of expertise to deliver cutting-edge developments. The company also undertakes comprehensive infrastructure projects with a commitment to excellence in every facet of its work.
Orascom Developments’ expertise in both real estate and infrastructure has led to the successful realization of comprehensive architectural and residential projects. These projects encompass golf courses, marinas, and a range of essential and recreational amenities. The company has also introduced diverse global interfaces not only within Egypt but also across various Arab countries, including the Emirates, Morocco, and Oman. Furthermore, Orascom Developments has extended its influence beyond the Arab world, executing projects in Switzerland and the United Kingdom. Notably, the group has completed numerous developments spanning 33 acres, comprising a total of 7,198 rooms.
Advantages of Orascom Real Estate Development Company:
- It’s important to note that the company consistently selects unique locations that provide easy and quick access to essential facilities and amenities.
- The company strives to offer investment projects aligned with the vision and characteristics of European ventures, which inherently exhibit a distinct departure from conventional approaches.
- The real estate projects offered are distinguished by their provision of all aspects of life, encompassing both essential and luxurious services.
- Essentially, the commitment is made to all elements and units, ensuring a diversified space that caters to the preferences and needs of everyone.
- The company consistently endeavors to offer a variety of payment systems, ensuring that every client can acquire the residential unit of their choice.
Projects of Orascom Real Estate Company:
- Makadi Heights Hurghada Red Sea Resort:
The Makadi Heights Hurghada Red Sea Resort, a venture by Orascom in the Red Sea region, introduces a novel and unique concept of contemporary living in Egypt. Situated in Makadi Bay, renowned for its scenic beauty, the project is positioned at an elevation of 78 meters above sea level. The expansive Makadi Heights Resort covers a total area of approximately 850 acres.
Despite the substantial expanse of Makadi Heights Resort, only 85% of the total area has been utilized, with the remainder dedicated to lush green spaces and landscapes. The development offers a diverse range of units, including apartments, chalets, and lagoons. The project is being implemented in multiple phases, and the units boast exceptional and distinctive views. Moreover, the residences are suitable for habitation year-round, thanks to the moderate climate in Hurghada.
Makadi Heights Hurghada provides a variety of unit sizes to cater to diverse preferences. The apartment sizes at Makadi Heights begin at 77 square meters, and for villas, the starting area is 133 square meters.
- O West Orascom October:
O West Orascom October Compound is part of Orascom’s developments in the 6th of October City, strategically positioned in the city’s core. Encompassing a vast expanse of 1,000 acres, the compound is situated at an elevation of 30 meters above the surrounding areas. This elevation contributes to a temperate climate year-round, creating a comfortable and tranquil living environment for residents.
O West October Orascom offers a total of 900 residential units, including regular apartments, duplexes, penthouses, independent villas, townhouses, and twin houses. The apartment sizes in O West Orascom begin at 124 square meters, townhouse units start at 170 square meters, independent villas start at 246 square meters, and twin houses in O West Orascom have an area of 250 square meters.