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15,000,000 EGP

Twin House For Sale fully finished 25% DP over 5Y The Groove Sokhna

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Twin House.March 24, 2024

The Groove Resort - DM Developments

170 m²

4 rooms

3 bathroom

Extra Super Lux

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Listing Details

View

Sea View

Year Built

2025

Price Per Meter

88,235 EGP/M²

Listing ID

EG-4649617

Listing Description

Twin House For Sale fully finished 25% DP over 5Y The Groove Sokhnadetails :Area: 170mGarden :100mFully finished
25% down payment, installments over 5 yearsDelivery Date :2025===
It is located 11 km before Porto Sokhna.
Located close to Monte Galala Resort.
The Grove Village in Ain Sokhna is considered one of the most important full-service tourist resorts in the region
All units have a wonderful view of artificial lakes extending over vast areas
Inside the resort there is a large shopping center that includes a huge number of shops and brand agencies
The village residents benefit from enjoying a 900-meter private beach with clear blue waters
All units have a wonderful view of artificial lakes extending over vast areas
The Marina compound is followed by a private marina of 12 km for yachts, fishing, and sailing trips.
Inside the resort there is a large shopping center that includes a huge number of shops and brand agencies

The Groove Resort is a wonderful village for seasonal vacations or even permanent residence, and it is the first resort in Ain Sokhna to be designed in consideration for people with special needs, ensuring that they have safety and freedom of movement between all areas of the resort, with its facilities and beaches.
Details of The Groove Resort in Sokhna
The project is located on an area of about 350 square meters directly on the Zafarana road, it contains the longest beach between the resorts and hotels in Ain Sokhna with a length of 1 km and the longest tourist walkway with a length of 4000 meters in addition to it is about 35 minutes from the New Administrative Capital.
The project includes 1500 units of various sizes starting from an area of ​​50 square meters, and prices start from 1,000,000 per unit, depending on its location and equipment, and what distinguishes the project is that all of its units overlook the beach.
The value of the project's investments in its first phase is only EGP 500,000,000.
The project includes a hotel within the international hotel chain "Hilton" under the name “DoubleTree”, with investments amounting to EGP 4,000,000,000.

The Real Estate Developer of The Groove project in Ain Sokhna
The owner and executing company of The Groove Ain Sokhna project is DM Development, an Egyptian company established in 2014 to change the concept of modern life and enhance the comfort and recreation of its customers by providing high-end residential units that are distinguished by their attractive, creative designs which are sustainable and environmentally friendly at the same time.
DM Development owns a rich land portfolio of 2,000,000 square meters in many important cities in New Cairo, the North Coast, Ain Sokhna, and the new cities, and it employs about 30,000 employees.

Previous Works of DM Development
Over the past 6 years, DM Development has been able, since its inception, to become one of the largest Egyptian real estate development companies by taking care of the selection of its project location well. The company started its work with the Groove project in Ain Sokhna and intends to launch in the Egyptian market through its land portfolio which includes:-3 plots of land in Ain Sokhna, through which it aims to establish a chain of land for the Grove project-A plot of land in the Fifth Settlement-A plot of land on the northern coast-The Grove site in Sokhna
The Groove Resort is located on Zafarana Road, only 35 minutes from the New Administrative Capital, 45 minutes from the new gates to Cairo and 50 minutes from New Cairo, in addition to its ideal location near the largest water park in the Galala Resort.

Areas of Units in The Groove Compound
-Chalets: -Chalet with garden: , one room, and a bathroom-Townhouse:, 4 rooms, and 3 bathrooms with hotel finishes-Villas:

Types of Housing Units in The Groove Village
The Groove Resort Ain Sokhna has 4 types of units, chalets, chalets with a garden, villas, and townhouses, with hotel finishes and high-quality equipment, in front of the beach.In addition to these units, it has contracted with the Hilton Group of Hotels to establish a DoubleTree Hotel in the Grove project, which is being built with investments of EGP 4,000,000,000 in Ain Sokhna.

Designs of the Groove Ain Sokhna Complex
The Groove Resort was designed on an area of ​​83 acres with a building ratio not exceeding 15% of the total area planned for the project, to make more room for green spaces, services and water bodies.
Each unit has its own view, whether on the sea or the internal water bodies, as the design took into account the water basins in the heart of green spaces as if the entire resort is located on an island in the heart of the sea, which gave it a wonderful advantage, as all its units enjoy stunning landscapes.

Advantages of The Groove compound
-Wonderful design, a panorama of the sea-The privileged location on the plateau of Galala-Proximity to Al Jalalah entertainment city-Diversity of spaces and units-Convenient payment systems-Miscellaneous services-The executing company has a strong reputation in the real estate market

Services of The Groove Ain Sokhna project
-Green spaces distributed to include the entire project-Bodies of water-Swimming pools of all sizes-A tourist walkway extending to 1500 meters-Illuminated artificial lakes-Gym health club, spa, and jacuzzi-A gym that contains playgrounds for all sports-Recreation area-Integrated restaurant area-Commercial and malls area-A luxury hotel with 50 international rooms

Payment Systems at The Groove project
DM Real Estate Development Company has provided 3 payment systems for its customers who wish to move and live in the best resorts of Ain Sokhna and enjoy the sandy beach and clear water throughout the year, and these systems are:-Pay a 5% down payment and install the rest over 6 years.-Pay a 10% down payment and install the rest over 7 years.-Pay a 15% down payment and install the rest over 8 years.