Apache Developments launches Mersea North Coast project with 5% down payment and installments up to 15 years
Apache Developments company announced launching “Mersea North Coast”, its latest project in the North Coast, as a part of its expansion plan in the Egyptian real estate market, and the project represents an extension of the company’s track record of success in developing real estate and tourism projects.
In addition, Mersea North Coast offers a sophisticated concept of coastal living, combining a prime location, modern designs, and integrated services, along with promising investment opportunities and flexible payment plans.
Dr. Ibrahim Moustafa, Chairman of Apache Developments, said that Mersea North Coast project is an extension of the company’s strategy to develop integrated urban and tourism communities based on quality and innovation, noting that the North Coast has become one of the most important real estate investment markets in Egypt, no longer just a summer destination, which motivated the company to offer a project that provides a comprehensive living experience year-round, while simultaneously delivering real investment value for its clients.
Mersea project is located at kilometer 76 on the North Coast Road, in a direct location on the sea, close to major thoroughfares and vital destinations, and approximately 10 minutes away from Alamein International Airport, 10 minutes from New Alamein City, and 15 minutes from Borg El Arab Airport, while Alexandria is about 30 minutes away, and Cairo is approximately 90 minutes, which give it a strong competitive advantage for both residential and investment purposes.
The project spans 52 acres, with only 14% of the total area dedicated to buildings, while 86% is allocated to green areas, lakes, and landscapes, which provides open views and wide landscape areas for most units, besides the project boasts a depth of 800 meters, a 200-meter-wide beach, and a 2,000-square-meter artificial sandy Crystal Lagoon, in addition to 1,200-meter-long swimming pool that runs along the project, along with 10 swimming pools distributed throughout the residential areas, as well as private hotel pools.
The project’s design incorporates the latest urban planning standards, featuring 12 meters wide internal streets and a 19 meters wide main street, which facilitates easy movement within the development and enhancing comfort and privacy.
It is worth mentioning that “Mersea North Coast” project obtained the ministerial decree No. 1002 approving its master plan, assuring its legal standing and compliance with regulatory requirements and controls, which reinforces client confidence in the seriousness of the execution and Apache Developments’ commitment to the project’s timeline.
Mersea North Coast provides a diverse range of residential units, including one, two, and three bedroom chalets, besides all units are delivered fully finished, allowing residents to utilize them immediately for personal or rental use.
The project also boasts a comprehensive suite of services and amenities, including a private beach, a five stars hotel, a Crystal Lagoon, a 1,200 meter long swimming pool, 10 additional swimming pools, a clubhouse, a retail area, restaurants and cafes, three padel courts, two tennis courts, four kids areas, a yoga area, a reading and relaxation zone, elevators in all buildings, walking, running, and cycling paths, and year round security, maintenance, management, and hotel operations services.
Dr. Ibrahim Moustafa pointed that the urban and tourism boom the North Coast witnessed, supported by national projects and a modern road network, has made the region one of the fastest growing real estate markets in Egypt, which enhances investment opportunities, especially given the high demand for coastal units and the limited availability of land directly overlooking the sea.
He explained that the company was keen to offer the project within competitive prices starting from EGP 3.8 million, with flexible payment plans beginning with a down payment of only 5% and installments extending up to 15 years, as units will be delivered within 3 years, giving clients a genuine opportunity to own and invest with the lowest down payment and the longest payment period.
Toledo Developments is handling the exclusive marketing of Mersea North Coast project as part of a strategic partnership aimed at reaching the largest possible segment of clients, while Apache Developments is responsible for developing and executing the project according to the highest quality standards, while adhering to the implementation and delivery schedules.
Mersea North Coast is the latest project for Apache Developments as part of its expansion plan in the Egyptian real estate market, as the company aims to provide integrated projects that combine quality design, diverse services, and prime locations, providing an integrated living experience and sustainable investment value that applies the growing demand for coastal projects in the Egyptian market.
