MAMO AI Advisor
🟢 Online — Powered by AI
An upscale lagoon town by Orascom — marinas, golf, schools and a cosmopolitan lifestyle, 25 minutes north of Hurghada airport.
El Gouna is the most established luxury resort town on the Red Sea, built by Orascom across a network of islands and lagoons just north of Hurghada. With its own marina, international school, full hospital, golf course and a year-round events calendar, it functions as a self-contained town rather than a holiday strip — which is why it attracts lifestyle buyers and long-stay residents from across Europe.
Property in El Gouna sits at the premium end of the Hurghada market: lagoon-front apartments, marina townhouses and standalone villas. Supply is tightly managed by the master developer, which supports strong resale values and a mature short-let market. MAMO sources El Gouna homes directly, with full legal due diligence and no buyer commission.
Indicative market ranges for El Gouna; current MAMO listings vary by lagoon, view and project.
Hand-picked, legally validated listings — direct with developers, no buyer commission.
Abu Tig Marina, waterfront dining, yachts and lagoon living at the heart of town.
International school, full hospital, banks and supermarkets — not just a resort.
An 18-hole golf course, kitesurfing, diving and a packed events calendar.
Orascom-managed supply protects long-term value and brand prestige.
One of Egypt’s most rentable resort markets, popular year-round.
Foreigners own in their own name with a registered Green Contract.
Golf-side apartments and villas with resort services.
Beachfront apartments popular with kitesurfers and short-let owners.
Island-style lagoon homes in the newer districts.
Premium lagoon-front villas and townhouses.
Foreigners can buy and fully own property in El Gouna — 100% freehold, in their own name, secured by a registered Green Contract. MAMO runs full due diligence on the developer, licence and title before you commit, and charges no buyer commission.
El Gouna is mostly a resale market with periodic Orascom launches; some projects offer payment plans. A purchase of USD 50,000+ qualifies for one-year renewable Egyptian residency, and USD 100,000+ for a three-year permit.
El Gouna continues to command the highest prices on the Red Sea. New direct flights into Hurghada, a strong events calendar and tightly-managed supply keep both resale values and short-let demand resilient into 2026 — making it the area of choice for premium, lifestyle-led buyers.
Yes, at the premium end. El Gouna offers the strongest brand, full town amenities and a mature rental market, which supports resilient resale values and steady short-let demand, typically around 7–9% gross yield.
El Gouna is the priciest Red Sea location. Apartments generally run from about €120,000 to €300,000, townhouses €300,000–€500,000 and villas €500,000 and up, depending on lagoon, view and project.
Yes. Foreigners can own freehold property in their own name in El Gouna, with the title registered as a Green Contract.
Very. It has an international school, a full hospital, security and a wide range of sports and activities, making it one of the most family-friendly towns in Egypt.
About 25 km, or roughly a 25-minute drive north of Hurghada International Airport (HRG).
Strong and year-round. El Gouna is one of the most recognised resort brands in Egypt, with consistent demand from European holidaymakers and long-stay residents.
Some Orascom launches offer instalment plans, though much of El Gouna is a resale market. MAMO will advise on what is currently available.
Yes. A property worth USD 50,000+ qualifies for a one-year renewable residency, and USD 100,000+ for a three-year permit.
Tell us your budget and goals — we will send a tailored shortlist for this area within 24 hours. No obligation, no commission.
🟢 Online — Powered by AI