El Gouna had started as one man’s search to find the most beautiful spot on the seaside to build a house and small boat jetty.
Thirty years ago Samih Sawiris, Chairman of Orascom Development Holding, El Gouna’s parent company, found that beautiful spot, conveniently located just north of Hurghada on the west coast of the Red Sea. It wasn’t long before Sawiris’ friends, struck by the splendor of the azure waters and dramatic backdrop of mountains, asked to join him, and the town slowly blossomed into the vibrant community that it is today.
A stunning masterplanned community located directly on the lake. This is a project unlike any other in the GTA. The combination of shopping, dining and access to the Waterfront makes this a completely unique development project.
All of the current resale & new development listings.