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Ewan Development Company announced its new real estate project "Magada" as the first integrated community friendly environment on an area of ??101 acres in Ain Sokhna, and is implemented with the latest construction methods that take into account the health aspects of residential building designs, and provide an internal and external environment to suit all human needs, at an investment cost up The project will be delivered in 5 phases and the first phase will be delivered in 2024.
Walid Mokhtar, Managing Director of the company, said at a press conference on Monday that Magada is a major turning point in the real estate development and investment industry that will change the concepts of construction and move it to future horizons that did not exist in Egypt before.
He pointed out that Ewan has succeeded in 17 years in occupying an advanced position in the Egyptian real estate market, both in terms of the level of real estate projects implemented by the highest standards of accuracy and professionalism or in terms of consumer preference for its real estate products, which led us to think more deeply in the introduction of "Magada" a new real estate product It meets all needs and satisfies different tastes, at the same time fulfills the desire of those looking for excellence, relaxation and simple healthy life, so that in the end it becomes (First Home) and not (Second Home) especially after we make sure consumers prefer such projects and their quest to change their lifestyles to healthy lifestyles. Machine Prefix.
For his part, Eng. Ehab Mokhtar, Chairman of IDEA Architectural Design, said that the Magada project represents a qualitative change in the traditional concept of buildings where you can feel as if life is beating or breathing in it, a new concept in engineering design based on the construction of houses with natural elements that enhance Healthy life by using air, light, light colors, glass and other natural elements.
He explained that the project "Magada" offers a distinct group of detached villas ranging from 240 square meters to 515 square meters and Twin House from 160 to 190 and chalets start from 65 to 170 square meters, in addition to duplex units up to 240 square meters. More than 90% of them enjoy a wonderful panoramic view of the sea in Sokhna, at the same time indicating the proportion of buildings up to 13.5% of the total land area and the rest green areas and water facilities swimmable lagoons
The Magada project is located in one of the best geographical areas on the Red Sea coast in the magical Mount Galala with a private beach up to 600 meters and a front interface of the project extends to 1 km, where it is connected to a network of roads leading to the most vital destinations where away from the administrative capital by 118 126 km from Fifth Settlement, 30 km from Ain Sokhna Port, 3.3 km from Marina Yacht Marina, 10 km from New City of Galala and 46 km from Zaafarana Road.
Ewan was inspired by the name of its new project "Magada" from the word Magada, meaning in Arabic the glory.
The press conference witnessed the presentation of a short documentary film about the latest construction developments for a series of real estate projects being implemented by Ewan, namely the Atrio and Alma projects, which are expected to be handed over in 2020, in addition to the Jidar project, which has started to be handed over. |
