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Tuesday, 14 June 2016

Edar Real Estate affiliate to start developing Sahl Hasheesh project in January 2017

Sea View for Real Estate, an affiliate of Edar Real Estate, is set to begin marketing of the USD 21 mn Hawaii Resort in Sahl Hasheesh in January 2017, with the project spanning over an area of 20,000 sqm, CEO Sherif Roushdy said, Al Mal reported on Monday. The firm expects returns amounting to EGP 350 mn from the project, which will comprise of 280 units, including chalets, villas, and apartments. Prices are set to start at USD 1,135 per meter targeted at both Egyptians and foreigners.

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