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El Gouna
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Listing Description
Cyan Resort (Cyan means a greenish-blue color, the color of heaven) is located in El Gouna, Hurghada, in the Red Sea Governorate. The resort occupies a total area of 121 acres.
The blue lagoons reflect their shimmer on the buildings of the compound with the wonderful color of the green golf courses. Besides, the Compound provides all facilities, services, and various housing units with different areas and prices.
Orascom Development Holding Company (ODH) is the developer of Cyan project. The headquarters of the Company is in Switzerland. Orascom is a leading company that actually has carried out many complementary projects such as hotels, villas, apartment buildings, recreational facilities, and external installations such as: golf courses, marinas, and providing all necessary infrastructures.
Over several decades, ODH has developed many international projects in 7 countries, namely Egypt, Switzerland, Montenegro, Oman, the United Arab Emirates, the United Kingdom, and Morocco.
The Company currently manages 10 mega projects, including 5 projects in Egypt, which are: El Gouna, Makadi Heights, Taba Heights, Bayoum, Ya West, and the rest are: The Cove in the United Arab Emirates, Jabal As Sifah and Hawana Salalah in Oman, Luštica Bay in Montenegro, and Andermatt in Switzerland.
Orascom Development is listed in the Swiss Stock Exchange (SIX). The `Company also owns a group of lands in various tourist and coastal areas and 33 hotels with a total of 7,182 rooms.
Orascom Development Egypt (ODE) is a subsidiary of Orascom Holding (ODH), which is an integrated development company for tourist resorts in Egypt. ODE currently owns a group of lands of 49.9 million square meters distributed over 5 destinations: El Gouna on the Red Sea coast, Taba Heights in the Sinai Peninsula, Makadi Heights in the Red Sea region, Ya West in Cairo, and Bayoum in Fayoum.
Cyan Compound is located in the heart of El Gouna, Hurghada. It is specifically minutes away from Abu Tig Marina house and the main marinas in El Gouna.
Designs of chalets and townhouses are luxurious, with extended views over the distinctive lagoons with the sparkling emerald water. These lagoons with marinas that include speed boats create a unique view, where chalets and townhouses are very close to the Red Sea, and overlook a large golf course.
Cyan Compound is characterized by the following advantages:
-Wonderful views over the lagoons and the golf course
-Distinctive design of chalets and townhouses
-Distinctive location in the Red Sea governorate, which is well-known for its water sports, such as surfing, diving, and snorkeling
-Free internet connection (free Wi-Fi)
-Tennis and golf courses
-Gym and horseback riding
-A private beach
-Indoor and outdoor swimming pools and two swimming pools for kids
-Spa and wellness center
-Library and garden
Cyan Compound includes housing units of different areas and prices, such as: chalets and townhouses, with Extra Super Lux finishing.
Areas of Chalet start from 109 and up to 141 square meters. Areas of townhouses range from 140 to 143 square meters, with different prices.
Prices of units vary according to the type and the area of each unit in addition to its location in the resort. It is noteworthy to highlight that real estate prices are subject to change with time depending on the value of the unit.
Orascom offers a payment system in which you pay 15% of the total unit price as a down payment, 10% of the total unit price upon receipt, and the rest would be paid in installments over 5 years, bearing in mind that receipt is two years after the date of signing the contract.
El Gouna is a tourist area located in Hurghada in the Red Sea Governorate. It was established in 1990 and is located 22 km from Hurghada International Airport and 470 km from Cairo.
El Gouna is characterized by being the ideal location for water sports, such as: surfing, snorkeling, and diving. Also, there are two main beaches in El Gouna, namely Zaitouna Beach and Mangroovy Beach. Furthermore, the area contains a large number of water channels, which provides a beach for each chalet or compound.
There are 6 quarters in El Gouna, which are: Marina Town Quarter, Golf Quarter, Mediterranean Quarter, Nubian Quarter, Italian Quarter, and Al-Hadaba Quarter. Additionally, there are 3 main areas containing homes, shopping centers and restaurants, and they are: The Downtown area, Tamr Henna area, and Marina Abu Tig area, which is being developed to accommodate large yachts.
In El Gouna, there is a fully equipped hospital, as well as the EGIS school, the Technical University of Berlin, in addition to a small airport for the region and private jets.
There is the Embassy of Knowledge Library, which was inaugurated in 2008. It is an advanced digital library, mainly linked to the Library of Alexandria and the documents and books it contains.
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