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Crystal Lagoons inks 12th Egypt project

Crystal Lagoons recently signed a contract with Egyptian real estate developer, Tatweer Misr, to bring beachfront living to the US$117 million Fouka Bay development in Ras Al Hekmah.

This is the second contract Crystal Lagoons has signed with Tatweer Misir, the first was for the ground-breaking project in Tatweer Misr’s flagship project Il Monte Galala in Sokhna, which will see the development of the first mountain lagoon in the world.

The move effectively turns each house into a waterfront home. In addition to enhancing the appeal of the destination, the crystal-clear lagoon will add significant value to development by offering a range of USPs, including ample space for non-motorised watersports, such as sailing, kayaking, paddle boarding and swimming, all in a safe environment.

Carlos Salas, Middle East regional director of Crystal Lagoons said: “Our hi-tech, energy efficient lagoons are an increasingly popular choice for forward-thinking developers in Egypt seeking an affordable, long-term solution for sustainable development.”

Fouka Bay features a variety of luxurious and architecturally stunning residences with panoramic views of the coastline and 800-metre-long stretch of white sandy beach. The resort is a two-hour drive from Cairo and is easily accessible via the newly constructed Fouka Road. It is expected to be completed by 2022.