Fernando Fischmann

Crystal Lagoons Announces New Project in Egypt

25 March, 2024 / News

Crystal Lagoons takes another step forward in its expansion in the MENA (Middle East and North Africa) by announcing a new project in Egypt, the region’s primary market for the firm. Azha North Lagoon, in association with Madaar Development, represents a significant advancement in the real estate market of the country’s North Coast.

Located in Ras Al Hikma, an area known for its tourism and vacation success, Azha North Lagoon will have a 27-acre lagoon as its main feature. This second home development adds to another project that  Crystal Lagoons developed with Madaar Development, the successful Azha Ain Sokhna project on the Red Sea.

In Egypt, Crystal Lagoons has projects in different stages of development and operation, mainly located on the North Coast and along the Red Sea. Also in this country, the multinational has advanced negotiations to enter Cairo with its Public Access Lagoons™ complexes, also known as PAL™, which will revolutionize the lifestyle in Egypt’s cities, bringing beach life to the doorstep of homes and accessible to anyone through the payment of a ticket.

These crystalline lagoons are an attractive real estate amenity in Egypt. Among the multinational’s business partners in Egypt are recognized managers such as Tatweer Misr, Hassan Allam Properties, Golden Pyramids Plaza, and Madaar Development, among others. Likewise, Egypt is the second largest crystalline lagoon in the world at the Citystars Sharm El Sheikh project, with 28 acres in the middle of the desert.

“In Egypt, Crystal Lagoons® technology is recognized as the only one capable of developing crystalline lagoons at low construction and maintenance costs,” explains Miguel Ángel Cabañas, regional director of Crystal Lagoons.

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