EGP3,600,000
1 Bedroom
1 Bathroom
818 sqft / 76 sqm
APARTMENT FOR SALE IN AJAZA, AL ALAMEINChalet for Sale – North Coast, “Ajaza” Project by Mohamed Magdy Developments
Kilometer 115
A unique investment and vacation home opportunity in one of the newest developments in Egypt’s North Coast. The “Ajaza” project by Mohamed Magdy Developments is strategically located at KM 115, offering easy access from both Cairo and Alexandria, making it ideal for summer use or long-term investment.
Unit Details:
* Type: Studio Chalet
* Built-up Area: 76 sqm
* Smart and practical layout designed to maximize space efficiency
* Suitable for personal summer use or seasonal rental income
Payment Plan:
* Total price: EGP 3,600,000
* Down payment: 5% (EGP 182,000)
* Additional 5% after 3 months
* Installments over 9 years
* Quarterly installment: EGP 102,000
This flexible payment plan is designed to make ownership easier, spreading payments over a long period with manageable installments.
Project Highlights:
* Prime location at KM 115 North Coast
* Modern master planning with well-designed units
* Strong rental potential during summer seasons
* High demand area with continuous real estate growth
* Suitable for both personal use and investment purposes
Owning a unit in this project is an opportunity to be part of one of the most active and growing destinations on the North Coast, with strong potential for value appreciation and rental returns.
North Coast Chalet for Sale – Ajaza Project | KM 1
Kilometer 115
A unique investment and vacation home opportunity in one of the newest developments in Egypt’s North Coast. The “Ajaza” project by Mohamed Magdy Developments is strategically located at KM 115, offering easy access from both Cairo and Alexandria, making it ideal for summer use or long-term investment.
Unit Details:
* Type: Studio Chalet
* Built-up Area: 76 sqm
* Smart and practical layout designed to maximize space efficiency
* Suitable for personal summer use or seasonal rental income
Payment Plan:
* Total price: EGP 3,600,000
* Down payment: 5% (EGP 182,000)
* Additional 5% after 3 months
* Installments over 9 years
* Quarterly installment: EGP 102,000
This flexible payment plan is designed to make ownership easier, spreading payments over a long period with manageable installments.
Project Highlights:
* Prime location at KM 115 North Coast
* Modern master planning with well-designed units
* Strong rental potential during summer seasons
* High demand area with continuous real estate growth
* Suitable for both personal use and investment purposes
Owning a unit in this project is an opportunity to be part of one of the most active and growing destinations on the North Coast, with strong potential for value appreciation and rental returns.
Property details
Property Type
Apartment
Property Size
818 sqft / 76 sqm
Bedrooms
1
Bathrooms
1
Available from
23 Apr 2026
Amenities
Unfurnished
Balcony
Built in Wardrobes
Central A/C
Covered Parking
Kitchen Appliances
Private Pool
Shared Pool
View of Water
Study
Location
Price Insights
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in North Coast
Provided by
Rana Mohamed
Pharos Real Estate
See agency properties (148)Regulatory information
Regulatory information
Reference
RM/74/Aj
Listed
4 hours ago
Recommended for you
Payment method
Cash or Installments
Down payment
182,000 EGP