Comprehensive Guide to the North Coast of Egypt

2024-02-22

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Comprehensive Guide to the North Coast of Egypt
The North Coast of Egypt, the Mediterranean's glowing gem, spreads its charm across golden beaches, standing as a unique landmark of natural beauty and coastal leisure. This picturesque region stretches along the Mediterranean coast, offering a blend of vast sandy beaches and luxurious resorts, making it an ideal destination for those seeking relaxation and an escape from the bustling city life. The North Coast is characterized by its enchanting nature that embraces a unique living experience and attractive investment opportunities in the real estate sector.

History and Geography

The North Coast extends along Egypt's western coast, starting from Alexandria to the border with Libya. This beautiful region, historically a refuge for kings and princes, tells a long story of beauty and sophistication. Known for its white sandy beaches and the clear waters of the Mediterranean, it is a preferred destination for sea and sun lovers. Geographically, the North Coast is distinguished by its varied terrain from soft sandy beaches to stunning rocky cliffs, offering breathtaking natural views and creating an ideal environment for various activities, including relaxation and water sports.

Main Areas in the North Coast

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The North Coast region is divided into several main neighborhoods and resorts, each offering a unique living and tourism experience:

  1. Marassi Area: One of the most luxurious resorts that combines luxury with natural beauty, with its sandy beaches and comprehensive entertainment facilities.
  2. New Alamein Area: Represents a turning point in coastal tourism in Egypt, combining history and modernity through its new urban projects and the large museum.
  3. Sidi Abdel Rahman: Famous for its stunning beaches and turquoise waters, it is home to some of the most luxurious resorts and villas in the North Coast.
  4. North West Coast Area: Characterized by its calm nature and pristine beaches, making it ideal for those seeking privacy and relaxation.

Economy and Trade

The North Coast is witnessing significant economic development primarily based on tourism, as the area is a favorite destination for visitors from Egypt and around the world, thanks to its enchanting beaches and luxurious resorts. This heavy tourist influx stimulates economic activity in various sectors such as hospitality, entertainment, and services, providing job opportunities and contributing to the local economy's growth.

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In addition to tourism, the real estate sector is growing rapidly with increasing demand for luxurious chalets and villas, making the North Coast an attractive market for real estate investors. The North Coast also emerges as a center for commerce and business thanks to its strategic location and advanced infrastructure, encouraging new projects and boosting economic activity in the region.

Education and Health Institutions

As the North Coast grows as a residential and tourist area, there has been an expansion in educational and healthcare services to meet the needs of residents and visitors. In education, institutions like "Alamein International School" and "North Coast Academy" offer advanced educational programs aimed at developing students' skills and preparing them for the future. These schools are equipped with the latest educational technologies and have highly competent teaching staff to ensure world-class education.

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In the healthcare sector, "New Alamein Hospital" and "North Coast International Medical Center" stand out as leading health institutions offering a wide range of medical and therapeutic services. These facilities are equipped with the latest devices and include teams of qualified doctors and specialists to provide the highest level of healthcare. Services available include comprehensive medical examinations, specialized treatments, and preventative care programs, ensuring all residents' health needs are met efficiently and professionally.

Comprehensive Guide to the North Coast of Egypt

Infrastructure

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The North Coast boasts advanced infrastructure that supports its continuous growth and development, including improvements to main roads and bridges to facilitate access and movement within the area, such as the new Fouka Road, which is a lifeline connecting the North Coast to major cities like Cairo with high efficiency, reducing travel time and making the coast a more attractive destination for visitors and investors.

Additionally, water and sewage infrastructure has been developed, along with updates to electricity and telecommunications networks to meet the needs of population and commercial growth. Furthermore, public facilities and services such as hospitals, schools, and shopping centers are being expanded to ensure all basic and leisure needs of residents and visitors are met.

Real Estate Market in the North Coast

The real estate market in the North Coast is experiencing rapid growth, with increasing demand for chalets, villas, and luxury apartments. Key projects in the area include "Marassi," "Hacienda Bay," and "New Alamein," offering a variety of luxurious properties with stunning sea views, and including comprehensive entertainment facilities like golf courses, health clubs, and marinas for yachts. The average prices of properties vary based on location and property type, with chalets starting from 1,000,000 Egyptian pounds and can exceed 10,000,000 pounds for luxury villas in prime locations.

The most attractive properties for investment include villas and chalets within fully-serviced resorts due to the increasing demand for tourist rentals and personal use, offering a profitable investment return. The expected investment return in the North Coast's real estate can range from 5% to 10% annually, based on factors such as location, proximity to the beach, and the quality of facilities and services provided within the resort. Investing in the North Coast is an excellent option for those looking to benefit from the rapid growth in the real estate and tourism market in the area.

Start Your Living Experience in the North Coast with "Imtilak Global"

"Imtilak Global" offers its clients a unique opportunity to invest or reside in the North Coast, providing comprehensive real estate consultancy services and a thorough market analysis. Whether you are looking to acquire a holiday home or seeking a profitable investment opportunity, we are here to ensure an unparalleled investment and living experience in the heart of the North Coast.

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