Orascom Development

Orascom Constructions Holding (ODH): A Real Estate Distinction for Over 3 Decades

Orascom Development Holding (ODH) stands out in the real estate market with a history that spans over three decades. Their influence extends not only within Egypt but also across the Middle East, North Africa, and beyond. ODH has established itself as a prominent player in the real estate industry, consistently raising the bar for innovation, quality, and sustainable development.

As a leading company in the field, Orascom Constructions Holding is committed to crafting exceptional real estate solutions that reshape the way we perceive and experience living spaces. Their journey, intertwined with a rich history of experience, has transformed deserts into thriving communities. Their impact reaches far beyond the Egyptian market where they initially began, establishing them as a distinguished name in various other countries.

Let's explore the world of Orascom Constructions Holding, take a closer look at their luxurious projects and current achievements, and delve into their vision for a future where real estate transcends traditional boundaries to offer unique experiences and sustainable living for people from diverse corners of the world.

A Brief Overview of Orascom Constructions

Orascom Development Holding embarked on its journey with a simple idea: to establish an upscale community along the shores of the Red Sea. Since then, it has evolved into one of the world's leading developers of integrated towns, with thriving communities on three different continents.

Founded over 30 years ago, Orascom Development Holding has become an expert in developing new communities from the ground up during this extended period. Their projects seamlessly blend architectural beauty, luxury, and outstanding commercial and recreational amenities. Among the company's noteworthy achievements are:

1. Cities Development: Orascom Development Holding is renowned for developing integrated towns in exceptional locations, such as the coastal town of El Gouna in Egypt and the stunning Andermatt Swiss Alps resort in the Swiss Alps.
2. Diversification of Real Estate Portfolio: In addition to its projects in Egypt, Orascom Constructions has expanded into several other countries, including the UAE, Oman, Morocco, Montenegro, Switzerland, and the UK. The company owns more than 100 million square meters of land, which is equivalent to three times the size of Dubai. They have already developed over 18 million square meters of that land, with advanced plans for the development of untapped areas.

Orascom Development in Numbers

• Total Land Area: 101.40 million square meters
• Completed Projects: 19.64 million square meters
• Projects Under Construction: 9.44 million square meters
• Projects Under Development: 9.70 million square meters

Top Orascom Constructions Holding's Projects

Orascom Development Holding is distinguished by an impressive portfolio of projects that extend across various locations within and outside Egypt, offering unique experiences. Some of their prominent projects include:

• In Egypt: El Gouna City, Makadi Heights Village in Hurghada, O West Compound, Taba Heights Resort, and Byoum Project in Fayoum.
• In Oman: Jebel Sifah and Hawana Salalah projects.
• In Montenegro: Luštica Bay project.
• In Switzerland: Andermatt Swiss Alps project.
• In the United Kingdom: West Carclaze Garden Village project.
• In the United Arab Emirates: The Cove project.

Makadi Heights Red Sea Project by Orascom Constructions

The Makadi Heights project combines natural beauty with luxurious amenities, making it an ideal destination for living and investment. Here are the key details about the project:

1. The Makadi Heights project is situated on a vast 900-acre area in the Hurghada region, boasting a strategic location that elevates it 78 meters above sea level, providing all units with magnificent panoramic sea views.
2. Makadi Heights dedicates over 85% of its total area to green spaces, open areas, and services, ensuring a comfortable and healthy environment for residents.
3. The project offers customers a choice of units that suit their needs, including chalets, townhouses, twin houses, and standalone villas.
4. All units are fully finished, providing convenience for residents and facilitating their transition to their new homes.
5. Customers can start with a 10% down payment and pay the rest over 6 years, making investment in this project accessible.
6. The project includes a sports club, restaurants, cafes, a children's area, a social club, green spaces, an artificial lake, swimming pools, a gym, various sports courts, walking and biking paths, and a commercial complex.
7. Makadi Heights is located 20 minutes from Hurghada, 15 minutes from Hurghada Airport, 25 minutes from Sahl Hasheesh, and 40 minutes from El Gouna City.

Unit Prices in Orascom Development Projects

Orascom Development Holding offers its customers various options when purchasing residential units in its diverse projects, with different pricing to meet the diverse needs of clients. One distinctive feature of Orascom is its focus on providing flexible payment options. For example, in the Makadi Heights project in Hurghada, customers can purchase units starting from 11,156,000 Egyptian Pounds, with the possibility of a 10% down payment and installment of the remaining amount over 6 years. This makes it easier for individuals to realize their real estate dreams and enjoy their homes without feeling the financial burden.

Types of Units in Orascom Constructions Projects

Orascom Development Holding stands out for the diversity of its residential units in its projects, offering a stunning array of options to meet various customer needs. Here's a look at some types of units they provide:

• Luxury Apartments: These feature modern designs and high-quality finishes, providing residents with comfortable and elegant homes.
• Chalets: Units designed for holidays and leisure, offering luxurious accommodations in coastal areas and attractive resorts.
• Studio Apartments: Compact units suitable for individuals or couples seeking independence.
• Duplex Apartments: Luxurious units consisting of two connected floors with an internal staircase, providing extra space for comfort.
• Townhouses: Villas that share exterior walls with neighbors and come with distinctive designs.
• Twin Houses: Villas are divided into two parts that can be inhabited by different owners, offering additional privacy.
• Stand Alone Villas: Residential units that provide complete privacy with private entrances and gardens.

Reasons to Buy from Orascom Development

Buying property from Orascom Development is a smart decision that can bring many benefits. Here are the key points:

1. First and foremost, Orascom's long and successful history in the real estate development industry instills confidence in quality and sustainability.
2. The company prioritizes quality in design and interior finishes in all its projects, providing customers with luxurious and elegant homes.
3. Orascom offers a wide variety of unit types, allowing customers to choose what suits their needs and budgets.
4. The company is committed to providing flexible payment options, making real estate investment accessible and cost-effective.
5. Orascom's projects reflect a commitment to environmental standards and sustainability, making them an eco-friendly choice.
6. Orascom Constructions selects distinctive, strategic locations, whether stunning coastal areas like the Red Sea in projects like Makadi Heights and El Gouna, or the heart of the Fayoum like Byoum, providing residents with ideal places to live and connect with nature.
7. The company provides comprehensive support to customers throughout the purchase and post-purchase stages, ensuring customer satisfaction and a lasting relationship.

Orascom Constructions stands as a wonderful example of a company that focuses on developing integrated projects that offer unique and upscale residential and commercial environments.