Alexandria's Largest Beachfront Community Opens

Elsewhere Real Estate Development, a company within the Mohamed Magdy Group, has launched the Creeks project at the entrance of Alexandria Governorate. It is the first waterfront residential interface and the largest seaside residential compound in the Mediterranean city. Spanning an area of 233 acres, the project combines unique urban design, green spaces, water features, and comprehensive amenities, all aimed at providing a complete living environment for residents. The project allocates only 18% of the total area for buildings, with 85% designated for villas and 15% for apartments and commercial units. It is divided into 10 gated residential zones to enhance privacy. The water features encompass 73 acres of lakes, channels, and islands connected throughout the project, offering water views to most units. Additionally, the project emphasizes education and sports through partnerships with international clubs and schools. It aims to support the Egyptian economy by attracting foreign investments and foreign currency via the concept of real estate export, leveraging Egypt’s strategic location along the coasts of the Mediterranean and Red Seas. The company plans to complete handovers within three years, with high demand for reservations driven by the services offered and the prime location.

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