EGP19,000,000
2 Bedrooms + Maid
3 Bathrooms
130 sqm / 1,399 sqft
APARTMENT FOR SALE IN FOUKA BAY, QESM MARSA MATROUHOWN LUXURIOUS SEA VIEW CHALET WITH 5%DP ON12 YEARS
2 BEDROOMS
3 BATHROOMS
SEA VIEW
FULLY FINISHED
FOR MORE DETAILS 01222507346
ABOUT FOUKA BAY :
New Ras el Hekma / Ras Al Hekma is located in the Egyptian Western Desert on a cape in the Mediterranean Sea, some 70 km east of Mersa Matruh and 200 km west of Alexandria. The area produces 17 percent of Egypt's olives and 26 percent of its figs.
In 2024, Egypt's New Urban Communities Authority and the Abu Dhabi Developmental Holding Company (ADQ), a sovereign wealth fund based in the United Arab Emirates, signed a deal for the ADQ to invest $35 billion in developing the area "New Ras el-Hekma". The deal grants ADQ the right to develop 130 million square metres of land, and is the largest foreign investment deal in Egypt's history. Questions have been raised regarding the project's impact on Egypt's large debt burden and the forced relocation of current residents.
It is planned to establish a city on an area of 55 thousand acres in the location of the village, where the Egyptian government hopes the city will become a new 'Sharm El Sheikh' on the Mediterranean Sea.
The new city is divided into 11 districts: Eastern Gate - Sun Gate - White Hill - Design District - Tribal City - Wisdom Island - Fig Valley - Old District - Turtle Beach - Gulf - Western Gate. It is planned to be built in the Bedouin architectu
OWN PANORAMIC SERVICED SEA VIEW CHALET WITH 5%DP
2 BEDROOMS
3 BATHROOMS
SEA VIEW
FULLY FINISHED
FOR MORE DETAILS 01222507346
ABOUT FOUKA BAY :
New Ras el Hekma / Ras Al Hekma is located in the Egyptian Western Desert on a cape in the Mediterranean Sea, some 70 km east of Mersa Matruh and 200 km west of Alexandria. The area produces 17 percent of Egypt's olives and 26 percent of its figs.
In 2024, Egypt's New Urban Communities Authority and the Abu Dhabi Developmental Holding Company (ADQ), a sovereign wealth fund based in the United Arab Emirates, signed a deal for the ADQ to invest $35 billion in developing the area "New Ras el-Hekma". The deal grants ADQ the right to develop 130 million square metres of land, and is the largest foreign investment deal in Egypt's history. Questions have been raised regarding the project's impact on Egypt's large debt burden and the forced relocation of current residents.
It is planned to establish a city on an area of 55 thousand acres in the location of the village, where the Egyptian government hopes the city will become a new 'Sharm El Sheikh' on the Mediterranean Sea.
The new city is divided into 11 districts: Eastern Gate - Sun Gate - White Hill - Design District - Tribal City - Wisdom Island - Fig Valley - Old District - Turtle Beach - Gulf - Western Gate. It is planned to be built in the Bedouin architectu
Property details
Property Type
Apartment
Property Size
1,399 sqft / 130 sqm
Bedrooms
2 + Maid
Bathrooms
3
Available from
10 May 2026
Amenities
Unfurnished
Balcony
Covered Parking
Central A/C
Built in Wardrobes
Kitchen Appliances
Maids Room
Private Garden
View of Water
Security
Project information
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
Nouran Mohamed Abdelfatah
Egypt Best Properties
See agency properties (14826)Regulatory information
Regulatory information
Reference
5ZB1SBSYKPD7A519YMBGPYBARW
Listed
1 hour ago
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Payment method
Installments
Down payment
5 EGP