Fanadir Bay Resort in El Gouna
Fanadir Bay is one of the latest projects to be established in El Gouna area. Orascom, the developer of Fanadir Bay, has contracted with top companies specialized in interior and exterior architectural designs to establish a different resort that provides all means of comfort for customers. For more visit Egypt Real Estate.
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About the Real Estate Developer of Fanadir Bay
- Orascom is the company responsible for the construction and development of Fanadir resort. Orascom is one of the leading companies in real estate development. It is one of the most important companies in Egypt and the whole Arab world, with architectural activities in many countries besides Egypt, such as the UAE, Oman, and extending to the Western world, owning many projects in Switzerland.
- The company has a large architectural base on which it operates, represented in its ownership of 101 million square meters of scattered Egyptian lands between North Sinai, the Red Sea and El Gouna.
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- Fanadir resort contains various residential units such as apartments and villas surrounded by gardens and overlooking the sea.
- The apartments inside Fanadir resort are equipped with a number of bedrooms, starting from 1 bedroom up to 4 bedrooms.
- The airport is just 25 minutes away from Fanadir resort. The nearest shopping center is just 5 minutes away, while the nearest school and hospital are just 7 minutes away from the resort.
- The units will be finished with super luxury finishing, equipped with air conditioners, kitchens and a private dining area.
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Fanadir Bay Location
- Fanadir Bay resort is located in El Gouna area in the heart of Hurghada Governorate in the Red Sea. It is just 5 minutes away from Abu Tig Marina.
- Fanadir El Gouna resort is equipped with high speed wireless internet service.
- The resort is only 300 meters away from the sea.
- 19 acres of its total area are allocated to build a swimming pool.
- The resort is full of natural scenery and enchanting atmosphere. It is also equipped with Fanadir Bay Hotel, which provides a wide range of hotel services.
- There is an area for renting bikes and strolling along the resort's corniche.
- Glass panels are used in making the windows to let light into the homes while enjoying the views outside the home.
- The developing company contracted with Innovation Design to design the residential units in the resort.
- The place is equipped with a gym and spa, recreational area, private gardens for children, and a swimming pool designated for them.
- Central air conditioning is available in all the resort's residential units, in addition to private pools in each unit. Units are equipped with an extra room for the maid or nanny.
- Large shopping centers will be built, such as malls, to satisfy residents' desire to shop international brands.
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Apartment Areas and Price Per Meter in Fanadir Bay
- Apartment areas start from 70 sqm up to 221 sqm. Price per meter starts from EGP 41,428 up to EGP 51,000.
- Villas areas start from 99 sqm up to 250 sqm. Price per meter starts from EGP 45,595 up to EGP 49,696.
Payment Systems and Delivery Date
- 15% down payment is paid of the total amount, then 10% upon delivery, after which the remaining amount is divided over 5 years in equal installments. For some other units, installments extend up to 8 years.
- Units will be delivered in 2021.
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