Press release - Orascom Hotels & Development

With growing demand for real estate on the beautiful Red Sea Riviera, Orascom Development is building two exciting new developments to add to its property portfolio in El Gouna.

Joubal, with its unique landscaping and elevated perspective, offers stunning views across the Red Sea marina. The development consists of signature villas and apartments which allow homeowners to escape the hustle and bustle of everyday life and be reinvigorated among peaceful surroundings.

The fully-furnished apartments range from cosy studios to spacious three bedroom residences all with a contemporary twist featuring traditional Islamic architectural elements, such as domes and arches. Joubal residents will enjoy the exclusive clubhouse, situated in the heart of the development, which features a large community swimming pool and a range of luxurious amenities.

Just north of El Gouna lies Ancient Sands, the new luxury golf resort and lagoon project which has just launched the first build phase of luxury villas, adding to the resort’s existing townhouses and apartments.

Ibis Island, set on a private island in the Ancient Sands Lagoon, has just 28 generously-sized turn-key villas, all with lagoon frontage, private swimming pools and views towards Mangroovy Beach and the Red Sea’s sparkling emerald waters.

There are five choices of villa design which all follow the resort’s Andalucian Arabesque architecture, blending traditional Arabic architectural features with contemporary chic design. Homeowners on Ibis Island will relish the exclusive island atmosphere while also enjoying access to the resort’s five-star hotel, 18-hole championship golf course, commercial centre and spa.

Prospective buyers can own a home in Joubal from £98,695, while apartments in Ancient Sands start from £120,000 (USD 187,000) and Ibis Island villas start from £730,000 (USD 1.14 million).

El Gouna is a fully fledged, self-contained town on Egypt’s Red Sea, spread across unspoilt islands, lagoons and ten kilometres of white sandy beach. Offering year-round sunshine and providing first-rate amenities for both residents and visitors, it is also home to award winning architecture and is renowned as Egypt’s most environmentally friendly resort.