US$2 billion Port Ghalib Red Sea brings ‘Marina Living’ concept to Egypt
Kuwait's M.A. Kharafi Group today announced that its US$2 billion Port Ghalib Red Sea project on Egypt's fashionable Red Sea Riviera will bring the concept of 'Marina Living' to Egypt with its 'Marina Residences' project. Port Ghalib Red Sea provides a range of luxurious marina homes overlooking The Port Ghalib International Marina, one of the world's top marina port resorts and the first official entry port into Egypt. Studio, one, two and three bedroom apartments and villas are available at Port Ghalib Red Sea, with prices starting from US$117,000.
The 'Marina Residences' at Port Ghalib Red Sea are a collection of 600 luxurious apartments and villas, with views of the marina. Each home comes fully furnished and air-conditioned, with kitchens that are equipped with appliances, cutlery, and crockery. Residents enjoy 24hr security and the use of full community services such as maintenance, parking and garbage collection, and also have access to landscaped courtyards, and Port Ghalib Red Sea's onsite amenities as well as optics ring that covers the whole resort and provides state-of-the-art broadband, TV and telephone services.
"We are delighted to bring in the 'Marina Living' concept to Egypt and we strongly believe that Port Ghalib Red Sea is set to rival France's St. Tropez and Spain's Puerto Banus as Egypt's leading holiday destination when complete," said Eng. Ibrahim Saleh, Vice President of the Kharafi Group – Egypt.
"The Port Ghalib International Marina has been operating since 2002 accommodating up to a 1000 yachts of up to 60 meters in length. The area offers unlimited options for yachtsmen sailing the Red Sea coast and today the Marina has become a critical stop for thousands of diving trips on the way to Red Sea marine parks. Set on over 8 million m2 of shoreline, phase one incorporates a range of homes, hotels, leisure facilities and amenities all benefitting from stunning sea views," added Eng. Saleh.
Phase one at Port Ghalib Red Sea is now over 40 percent complete that includes nine villages - each with a distinct identity, a large convention centre and over 160 retail and commercial outlets. In addition to the Marina, four operating international hotels including 'The Palace' by Intercontinental, 'The Oasis' and 'The Sands' by Crown Plaza and 'Marina Lodge', and a wide range of luxuriously fully furnished villas and apartments are ready for occupation.
Located at the very heart of Port Ghalib Red Sea is the Marina, which is the core of the community. Featuring five meter deep harbour basin, harbourmaster control, full customs and immigration facilities, ship chandlery, slipway, full service ferry terminal and Caltex fuelling facilities, it is a fully serviced port of entry into Egypt.
A four lane ten-pin bowling alley, Six Senses Spa, horse academy, children's centre and all the water sports associated with such an international destination are all up and running. When fully complete, phase one will incorporate 19 more hotels, in addition to a yacht club, an 18-hole golf course and further entertainment facilities and services.
Port Ghalib Red Sea is located just five minutes drive from Marsa Alam International Airport which, after opening in 2001, is already handling an average of 40,000 passengers from across the globe every month. Approximate flight times to the airport are: one hour from Cairo; two and a half hours from the Gulf; and five hours from Europe. Flights from a number of European countries including the UK, Germany, Italy, Russia and France, fly direct to the airport. Port Ghalib Red Sea is also easily accessible by sea, via the new Port Ghalib International Marina, and by road, with the Valley of the Kings just two and a half hours away.
- Good news for Dubai's real estate as deals boosted by $31 billion
- Sale prices in Abu Dhabi's residential property sector up by 17 percent in H1
- Unholy spending? Luxury leasing options on the rise in Mecca
- Ajman: a viable, more affordable property market?
- Putting things in perspective: how many apartments in the Middle East can Ronaldo buy with his World Cup salary?