![Encore image of Encore by Hassan Allam Holding, Red Sea,Hurghada,El Gouna,Swan Lake Gouna — [1]](https://new-projects-media.propertyfinder.com/project/3cffc930-4d93-44d7-9931-b52b49a7133b/gallery/image/eOq1Kfok5K5WojAIl5aJJMPxPVrW8lScdsn5YA8hcuo=/medium.webp)

From: 26M EGP
Red Sea,Hurghada,El Gouna,Swan Lake Gouna

December 2025
Freehold
![Encore image of Encore by Hassan Allam Holding, Red Sea,Hurghada,El Gouna,Swan Lake Gouna — [1]](https://new-projects-media.propertyfinder.com/project/3cffc930-4d93-44d7-9931-b52b49a7133b/gallery/image/eOq1Kfok5K5WojAIl5aJJMPxPVrW8lScdsn5YA8hcuo=/medium.webp)

From: 26M EGP
Red Sea,Hurghada,El Gouna,Swan Lake Gouna
![Kamaran image of Kamaran by Orascom Development, Red Sea,Hurghada,El Gouna,Kamaran — [1]](https://new-projects-media.propertyfinder.com/project/e60c3a16-7d1e-46ea-b16c-ef15e2ea773d/gallery/image/eYCFNEmPRukzsTZVOco3l93d2USJcOwJcjt1x0h158E=/medium.webp)

From: 20M EGP
Red Sea,Hurghada,El Gouna,Kamaran
![Fanadir Bay image of Fanadir Bay by Orascom Development, Red Sea,Hurghada,El Gouna,Fanadir Bay — [1]](https://new-projects-media.propertyfinder.com/project/041fbaf8-32f7-4386-b989-c1484539bf15/gallery/image/s4cQUiowOyxDGy-Siz5iIrQS1XHgV97H_1cJCUwqsV4=/medium.webp)

From: 33M EGP
Red Sea,Hurghada,El Gouna,Fanadir Bay
![Swanlake El Gouna image of Swanlake El Gouna by Hassan Allam Holding, Red Sea,Hurghada,El Gouna,Swan Lake Gouna — [1]](https://new-projects-media.propertyfinder.com/project/b364916e-d443-47af-b26c-c3857eab37f9/gallery/image/vE4Glb2acHfV0Rj2j7tqckAzm3b-WPBNOGAy5BB2rxU=/medium.webp)

Price coming soon
Red Sea,Hurghada,El Gouna,Swan Lake Gouna
![Wadi Soma image of Wadi Soma by Soma Bay Real Estate, Red Sea,Hurghada,Safaga,Soma Bay,Wadi Soma — [1]](https://new-projects-media.propertyfinder.com/project/afd6390a-4f3d-4856-a6fa-a46add98ba12/gallery/image/kKec5EQnxTJGGUmCK9-sQ3vII8-_GEtS7c9H7QcgYpM=/medium.webp)

From: 50M EGP
Red Sea,Hurghada,Safaga,Soma Bay,Wadi Soma
![Blanca image of Blanca by Soma Bay Real Estate, Red Sea,Hurghada,Safaga,Soma Bay,Blanca Gardens — [1]](https://new-projects-media.propertyfinder.com/project/2ae373c3-ca46-4ff5-9395-3263f366ba07/gallery/image/Pxr_uaYR2lHcJpRrOASTSLNY7nZp4oXDhCVDGVo5u8M=/medium.webp)

From: 20M EGP
Red Sea,Hurghada,Safaga,Soma Bay,Blanca Gardens
15%
Down payment
At sales launch
Project announcement
Construction Started
Expected Completion
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.
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.
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:
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.
Residents of Waterside Condos Gouna have access to a comprehensive range of amenities designed to support an active, comfortable, and connected lifestyle:
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.
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:
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.
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.
![image of Waterside Condos by Orascom Development, Red Sea,Hurghada,El Gouna — [1] image of Waterside Condos by Orascom Development, Red Sea,Hurghada,El Gouna — [1]](https://new-projects-media.propertyfinder.com/project/5167f7c6-2d93-48ca-8aa3-98cf9f5aa8ad/master_plan/image/AjFBKSTn51Kehgnr-9zEPkP1BoHrI--92kWKbVWy5i0=/original.webp)
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.

Hurghada features 520 buildings.
An ideal place for quiet and peaceful living.
Unit information coming soon
available in this project.