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Reference: SE 10036
USD 486,533
Amr Mamdouh
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Sedra Homes
Hotline: 19312
+2 01222181237
Villas / Townhouses / Sale
Stand Alone
USD 486,533 Installment
Finishing Status:
Super Lux
Plot Area:
340 M2
Building Area:
155 M2
Street Width:
No of Floors:
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Sea And Lagoons View
USD 486,533
Down Payment:
USD 62,480
The value of Installment:
USD 17,703 / Quarterly
Year Built:
The type of ownership:
Last Updated:
Thu 14 Dec 2017

Orascom Development Holding (ODH) , the Group holding company headquartered in Switzerland , has developed eight operating destinations to date.
Numerous destinations around Egypt , the Cove in Ras Al Khaimah in UAE , and Jebel Sifah and Salalah Beach in Oman. Other destinations that are classified as
investments in associates include Andermatt Swiss Alps (aka ASA) in Switzerland , the Chedi Andermatt Hotel and the budget housing community of Haram City
in the Greater Cairo area in Egypt.
ODH has an investment in associate in JPTD (Jordan Project for Touristic Development) in Jordan and other hotels in Egypt. Several destinations are currently
in various stages of development and planning in Oman , Morocco , Montenegro and the United Kingdom. ODH currently owns 32 hotels with a total of 7 , 759
rooms , which are either self-managed by Orascom Hotels Management or are managed by third-party hotel managers under management contracts and
controls a land bank of approximately 100.2 million m2.
Orascom Hotels and Development (OHD) a subsidiary of ODH is an integrated developer of resort towns in Egypt. It is a vertically integrated business model
with various development fields including residential units , marinas and utilities. OHD currently owns a land bank of 45.7 million sqm distributed over five
destinations including tourist destinations such as El Gouna on the Red Sea Coast , Taba Heights in the Sinai Peninsula and Makadi in the Red Sea district.
Furthermore , other destinations are currently in the various stages of development and planning such as Byoum in Al Fayoum and Amoun Island in Aswan. OHD
owns 25 hotels with a total of 5 , 955 rooms located on the Egyptian Red Sea Coast in Hurghada: El Gouna and Makadi; and in Taba Heights in Sinai. OHD also
holds %87.94 stake in Tamweel Mortgage and %79.95 stake in Tamweel leasing , financial services companies , which provide numerous services , including
mortgage , leasing offers and insurance


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