Overview

Mangroovy Residence is a resort in El-Gouna owned by Eng. Ahmed El-Swedy the whole project is designed by Spaceplus an architect company based in Berlin-Germany.

• Around 21KM North Hurghada’s airport
• 40 acres
• Mangroovy Residence is the only project in El Gouna with a beach front 35,000 m²
• Fully finished
• Delivery: 2018

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• Unit types:

Studios, single bedrooms, double, triple, triple duplexes, quads (4 bedrooms) & Quad Villas with areas that starts from 60 m² up to 450 m²

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Payment terms:

• **Only 10% down payment
• The 90% remaining distributed over 5 years quarterly equal installments
• **20% down payment
• The 80% remaining distributed over 6years quarterly equal installments
• **6.5% of the unit’s selling price for maintenance