Al Ayhaa – Land and Building, 500 meter from the sea for sale

Description

Presenting an exceptional investment opportunity in the thriving Al Ayhaa area, strategically positioned between the bustling cities of Hurghada and El Gouna. Just 500 meters from the pristine shores of the Red Sea, this prime real estate offers a perfect balance of convenience and tranquility.

Dubbed as the “New Hurghada,” this burgeoning area boasts a plethora of amenities including banks, pharmacies, schools, supermarkets, and much more, ensuring residents have everything they need right at their doorstep. Whether you’re seeking a vibrant urban lifestyle or a peaceful retreat by the sea, this area caters to all preferences.

The property comprises a spacious land parcel spanning 220 square meters, with the potential to construct up to five floors in addition to the ground floor. Currently licensed for 20 studio apartments, the property offers immense flexibility for customization, allowing for the development of various apartment configurations or even a single grand residence.

With a permissible built-up area of approximately 2000 square meters, there’s ample space to create a truly remarkable living environment tailored to your preferences. Whether you envision a collection of modern apartments, a luxurious villa, or a mixed-use development, the possibilities are endless.

This prime location offers unparalleled opportunities for investors and developers to capitalize on the burgeoning real estate market in the Red Sea region. Don’t miss out on the chance to be a part of this dynamic community and create your own piece of paradise in the heart of the New Hurghada. Contact us today to explore this exciting opportunity further and turn your vision into reality.