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Waterside Condos

Orascom Development developer Logo
Developer
Orascom Development
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Key information

  • Delivery date

    December 2025

  • Location
  • Payment plan
  • Ownership type

    Freehold

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Payment plan

  • 15%

    Down payment

    At sales launch

  • Project timeline

    • Project announcement

    • Construction Started

    • Expected Completion

    About the project

    Waterside Condos Gouna is a premier waterfront residential development by Orascom Development, set within the iconic coastal town of El Gouna on Egypt's Red Sea Riviera. This thoughtfully designed community brings together contemporary architecture, serene lagoon settings, and the vibrant energy of one of the region's most celebrated resort destinations. Offering a refined collection of residential units surrounded by shimmering waterways and lush green landscapes, Waterside Condos Gouna delivers a living experience that effortlessly blends tranquility with convenience. Whether you're seeking a permanent residence, a seasonal retreat, or a sound real estate investment, this development sets a new standard for coastal living in Egypt.


    Prime Location: Red Sea, Hurghada, El Gouna


    Positioned along the stunning Red Sea coastline, Waterside Condos Gouna enjoys one of the most sought-after addresses in the region — El Gouna, a self-contained town situated just 22 kilometers north of Hurghada. El Gouna is unlike any other destination in Egypt. Its network of man-made lagoons, marina districts, and palm-lined promenades give it a distinct Mediterranean character that has attracted discerning residents and visitors from around the world for decades. The development sits at the heart of this extraordinary town, placing residents within close reach of beaches, boutique shops, fine dining venues, and cultural landmarks that define the El Gouna lifestyle.


    Connectivity and Accessibility to Key Locations


    Waterside Condos Gouna offers excellent connectivity to the wider Red Sea region, making it practical for both full-time residents and holidaymakers alike. Key distances and access points include:


    • Hurghada International Airport – approximately 30 minutes by car, providing direct flights to major European and Middle Eastern cities
    • Downtown El Gouna – just minutes away, with easy access to the marina, open-air cinemas, and community hubs
    • Hurghada City Center – around 25 kilometers south, offering a full range of retail, healthcare, and administrative services
    • El Gouna's private marina – accessible within the town, ideal for water sports, yacht docking, and leisure cruising
    • Red Sea beaches – directly accessible via the town's lagoon pathways and waterfront promenades


    Property Types and Sizes


    Waterside Condos Gouna offers a curated selection of residential units designed to suit a range of lifestyles and preferences. Each residence is crafted with attention to space, natural light, and scenic orientation to maximize the waterfront setting.


    • Waterfront condominiums with open lagoon views
    • Contemporary apartments with garden and pool-facing layouts
    • Spacious units designed for comfortable year-round or seasonal living


    Detailed Amenities and Facilities


    Residents of Waterside Condos Gouna have access to a comprehensive range of amenities designed to support an active, comfortable, and connected lifestyle:


    • Private lagoon access and scenic waterfront promenades for leisurely walks and outdoor relaxation
    • Swimming pools positioned to take full advantage of the surrounding water views
    • Landscaped gardens and generous open green spaces ideal for unwinding or socializing
    • Retail outlets and dining options conveniently located within the community
    • 24/7 security and professional property management services ensuring peace of mind year-round


    Unique Architectural Features and Design Elements


    The architectural vision behind Waterside Condos Gouna reflects a deep respect for its natural surroundings. Clean lines, open facades, and expansive terraces are used throughout the development to frame views of the lagoons and greenery rather than compete with them. Interiors follow a modern coastal aesthetic — light-filled, airy, and designed to encourage a seamless connection between indoor and outdoor living. Natural materials, neutral tones, and considered spatial planning give each unit a sense of calm and sophistication that feels genuinely livable rather than purely ornamental.


    Lifestyle and Community Aspects


    Living at Waterside Condos Gouna means becoming part of a close-knit, cosmopolitan community that values both privacy and social connection. El Gouna has long been known for its welcoming atmosphere, attracting a diverse mix of residents including Egyptian families, European expatriates, and international remote workers. Life here revolves around the water — morning swims, sunset boat trips, waterside dining, and weekend kite-surfing sessions are part of the everyday rhythm. Within the development itself, residents enjoy:


    • A tranquil residential atmosphere with beautifully maintained communal spaces
    • Easy access to El Gouna's cultural events, outdoor festivals, and marina activities
    • A family-friendly environment with safe, walkable pathways throughout the community
    • Proximity to international schools, medical centers, and sports clubs within El Gouna


    Investment Potential and Market Value


    El Gouna has consistently demonstrated strong real estate performance, driven by its reputation as a premium managed destination and its appeal to international buyers. Waterside Condos Gouna, developed under the trusted umbrella of Orascom Development, carries inherent value through its brand credibility, location, and long-term town infrastructure. Properties in El Gouna benefit from year-round tourism demand, a growing rental market, and limited land availability — all factors that support sustained value appreciation. For investors, the development offers an attractive combination of personal enjoyment and tangible financial return, particularly for those considering short-term rental income during peak Red Sea holiday seasons.


    Developer Profile: Orascom Development


    Orascom Development is one of Egypt's most prominent and internationally recognized real estate developers, with a portfolio spanning multiple integrated resort towns across the country and beyond. The company is perhaps best known as the visionary force behind El Gouna itself — a fully self-sustained town that it has built, managed, and continuously developed over three decades. This long track record gives buyers at Waterside Condos Gouna a level of confidence that goes beyond the individual project. Orascom Development's commitment to infrastructure, community management, and long-term town planning means that residents are investing not just in a property, but in a living destination that will continue to evolve and grow in quality over time.

    Waterside Condos masterplan

    image of Waterside Condos by Orascom Development, Red Sea,Hurghada,El Gouna — [1]

    Waterside Condos by Orascom Development is an upscale waterfront residential project in El Gouna, Hurghada, on the Red Sea coast. The development offers contemporary residences surrounded by lagoons and lush greenery, delivering a refined coastal lifestyle.


    As a part of El Gouna masterplan, Waterside Condos Gouna masterplan positioning places residents at the core of one of Egypt's most iconic self-sustained resort towns, located in the prestigious El Gouna masterplan. The project captures panoramic lagoon views while maintaining proximity to El Gouna's vibrant marina, boutique shopping, and leisure destinations. Its thoughtful integration into the surrounding waterscape creates a seamless connection between private living and the town's lively communal atmosphere, offering a lifestyle that balances exclusivity with accessibility.


    Key Features


    Location & Nearby Attractions


    • El Gouna Town Center – few minutes away, offering dining, retail, and entertainment
    • El Gouna Marina – easily accessible, ideal for water sports and leisure cruising
    • Hurghada International Airport – approximately 30 minutes away
    • Abu Tig Marina – a short drive, home to upscale restaurants and cafés
    • El Gouna Golf Course – within close reach for golf enthusiasts


    Amenities


    • Private lagoon access and waterfront promenades
    • Swimming pools overlooking scenic water views
    • Landscaped gardens and open green spaces
    • Retail outlets and dining options within the community
    • 24/7 security and property management services

    Location

    Map preview

    Living in Hurghada

    Hurghada

    About Hurghada

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    Hurghada features 520 buildings.

    • Properties Listed12,055
    • Price range946.9K - 1B
    4.5
    1 Review

    Score Breakdown

    Connectivity & Traffic
    4.0
    Peace & Quiet
    5.0
    Parks nearby
    4.0
    Family friendly
    5.0

    Units

    from developer

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