El Gouna
Orascom Development's resort town on Egypt's Red Sea coast, 25 km north of Hurghada.
KÂMO verification in progress — we are building this development’s verified file. Figures below are reported from public sources.
El Gouna is Orascom Development’s resort town on Egypt’s Red Sea coast, about 25 km north of Hurghada. Development began in 1990, making it one of Egypt’s longest-running master-planned coastal towns, and it continues to release new sub-projects under Orascom Development Egypt — the EGX-listed subsidiary of the Swiss-listed Orascom Development Holding.
Current active launches include The Nines, Shedwan and Cyan. Public listing portals report The Nines from around EGP 17M, Shedwan from around EGP 18.9M with a reported 10% down payment over 5 years, and Cyan’s launch pricing around EGP 30M; portal materials also cite a broader USD range of roughly $426k–$1.02M across these listings.
Orascom Development Egypt — the EGX-listed subsidiary of the Swiss-listed Orascom Development Holding, building El Gouna as a town since 1990 (public record).
Reported starting prices
Reported terms: 10% down · 5 years (Shedwan, reported) — public listing portals, retrieved 2026-08
- The Nines — from ~EGP 17M — public listing portals · retrieved 2026-08
- Shedwan — from ~EGP 18.9M — public listing portals · retrieved 2026-08
- Cyan (launch) — ~EGP 30M — public listing portals · retrieved 2026-08
These are public-portal figures, not KÂMO-verified prices.
Request the verified price sheet
Reported from public sources, August 2026 — verification in progress.
Public listing portals report a 10% down payment over 5 years for El Gouna's Shedwan launch; KÂMO has not verified current pricing or payment terms across El Gouna's active sub-projects, nor foreign-ownership eligibility for this development — request the verified file to confirm what is live today.
Common questions
Where is El Gouna?
On Egypt's Red Sea coast, about 25 km north of Hurghada.
Who is the developer?
Orascom Development Egypt — the EGX-listed subsidiary of the Swiss-listed Orascom Development Holding.
How long has El Gouna been developed?
Since 1990, making it one of Egypt’s longest-running master-planned coastal towns.
What are the current sub-projects?
The Nines, Shedwan and Cyan are the current active launches; El Gouna is structured as a town with multiple sub-projects rather than one single release.
What are the reported prices?
Public listing portals report The Nines from around EGP 17M, Shedwan from around EGP 18.9M, and Cyan’s launch pricing around EGP 30M — roughly $426k–$1.02M across these listings. These are reported figures, not KÂMO-verified prices.
What are the reported payment terms?
Public listing portals report a 10% down payment over 5 years for the Shedwan launch — reported, not yet verified by KÂMO.
Has KÂMO verified the information on this page?
Not yet — this is a coverage page. KÂMO is building a verified file for El Gouna, which will include confirmed pricing, payment terms and foreign-ownership eligibility. Request the verified file to speak with an advisor once it's ready.
Khaled Haridi — Co-Founder & Managing Partner
Usually replies within the hour on WhatsApp