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Red Sea · Egypt · Orascom Development · Samih Sawiris

El Gouna

Egypt's most sophisticated Red Sea town — 35+ years of city-building on 36.9 million m², with 18 hotels, two championship golf courses, four marinas, and a permanent international community of 25,000 residents from 50+ nationalities.

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About El Gouna

A Town, Not Just a Resort

El Gouna is unlike any other Red Sea destination. Conceived in 1989 by Egyptian entrepreneur Samih Sawiris and developed by Orascom Development, it was built from scratch as a fully integrated, self-sufficient town — not a hotel complex with amenities added on. Located 25 kilometres north of Hurghada and 30 minutes from Hurghada International Airport, El Gouna spans 36.9 million square metres of Red Sea coast, built across 20 to 36 interlocking islands connected by man-made lagoons and canals — earning it the nickname 'the Venice of the Red Sea'.

Today, El Gouna is home to 25,000+ permanent residents of 50+ nationalities, 18 hotels with 2,800 rooms, two championship golf courses, four marinas, international schools, a hospital, and over 100 dining concepts. It is the only destination in Egypt permitted to price and transact real estate in US dollars — a structural advantage that positions it uniquely for international buyers and delivers 10–12% annual returns in USD.

El Gouna at a Glance

35+ Years of Proven City-Building

18
Hotels · 2,280 rooms
36.9M
m² — total town area
25K+
Residents · 50+ nationalities
30min
From Hurghada Airport

USD Pricing — Unique in Egypt

El Gouna is the only destination in Egypt legally permitted to price and sell real estate in US dollars. This eliminates EGP devaluation risk for international buyers and creates a hard-currency investment with strong capital protection. Rental yields of 10–12% annually in USD have been reported, with near-50% of recent sales to non-resident buyers.

IFC-Backed Sustainability · $155M

In 2024, Orascom Development and the International Finance Corporation (IFC) signed a $155 million sustainability-linked loan for El Gouna's energy and water efficiency. El Gouna was also the first destination in the Middle East and Africa to receive the UN Global Green Award. 95% of drinking water is supplied through desalination and full recycling.

Hotels & Lifestyle

18 Hotels. One Town. Every Style.

El Gouna's hotel portfolio spans the full spectrum from boutique eco-lodges to ultra-luxury five-star resorts — each with its own architectural identity and character, unified by the town's lagoon landscape and Red Sea access. Residential owners benefit directly from access to hotel beach clubs, spas, and dining across the town's network without being tied to a single property.

Active

Steigenberger El Gouna

The original anchor hotel and El Gouna's most iconic property. Upper Nubian-inspired architecture with 268 rooms, beachfront access, and consistently ranked among the top resort hotels in Egypt. Strong European source market, particularly German-speaking.

Active

The Chedi El Gouna

Part of The Leading Hotels of the World portfolio. Asian-inspired minimalist design, adults-only positioning, and one of El Gouna's most distinctive luxury offerings. Strong appeal to DACH and UK buyers seeking ultra-premium, design-led hospitality.

Active

Casa Cook El Gouna

Design-led boutique lifestyle brand, originally developed by Thomas Cook Hotels & Resorts — rammed-earth architecture, sustainable materials, and a relaxed communal aesthetic. Attracts a younger, design-conscious European demographic. Reinforces El Gouna's appeal beyond the conventional all-inclusive market.

Active

Sheraton Miramar El Gouna

Set on a private island connected by bridges, the Sheraton Miramar offers a distinctive lagoon setting within El Gouna. Family-oriented with broad international appeal and strong brand recognition in the DACH source market.

Active

Mövenpick · Becoming Sofitel 2027

Currently operating as Mövenpick El Gouna; signed to rebrand as Sofitel El Gouna Resort from 2027. Following renovation, it will offer 420 rooms on an exceptional beachfront peninsula with both sea and lagoon access — set to become one of El Gouna's flagship properties.

Active

Three Corners & Boutique Hotels

El Gouna hosts a further 13+ hotels including Three Corners Ocean View, Captain's Inn, and several boutique properties catering to divers, kitesurfers, and independent travellers. The diversity of accommodation types drives year-round demand across multiple buyer profiles.

Investment Case

Why El Gouna Outperforms the Red Sea Average

El Gouna's investment case rests on three structural advantages that no other Egyptian coastal destination can match: USD pricing (legally unique in Egypt), 35+ years of proven capital appreciation, and a genuine town infrastructure — hospital, schools, marinas, culture — that sustains permanent residency and year-round demand rather than seasonal occupancy.

Hard Currency Returns

10–12% annual rental yields in USD, with capital appreciation tracked in dollars rather than Egyptian pounds. Near 50% of recent sales to non-resident foreign buyers. Strong demand from Gulf, European, and Egyptian expatriate buyers.

Year-Round Town · Not Seasonal Resort

El Gouna operates 365 days a year as a full community. The permanent resident base, international schools, TU Berlin campus, hospital, and over 100 restaurants create consistent occupancy independent of European tourism seasons. Hotel occupancy reached 75–85% in H1 2025.

35 Years of Orascom Track Record

Orascom Development is an internationally listed company (SIX Swiss Exchange) with a track record no other Egyptian developer can match: $905 million in global real estate sales in 2024, of which $274 million from El Gouna alone. The developer's financial strength and institutional backing differentiate El Gouna fundamentally from smaller Red Sea developments.

Lifestyle & Amenities

Everything a Community Needs

El Gouna is not a resort that aspires to be a town. It is a town that happens to have world-class resorts. The infrastructure — four marinas, two 18-hole golf courses, a hospital, five international schools including a TU Berlin campus, and over 100 dining concepts — is what keeps residents permanently and what drives rental demand year-round.

Two Championship Golf Courses

The El Gouna Golf Club (designed by Gene Bates & Fred Couples) and the Ancient Sands Golf Club (Karl Litten) provide year-round play against a Red Sea backdrop. Both courses attract a significant international golf tourism segment from Europe and the Gulf.

Four Marinas — Abu Tig & Abydos

Abu Tig Marina is El Gouna's social hub — lined with restaurants, bars, and boutiques on the waterfront. Abydos Marina serves the northern part of the town. The marina lifestyle is central to El Gouna's residential appeal and directly supports rental values for lagoon-facing properties.

El Gouna Film Festival

Since 2017, El Gouna has hosted its own international film festival — bringing A-list directors, producers, and actors to the Red Sea each October. The festival has positioned El Gouna as a global cultural destination and materially strengthens its international brand recognition, particularly in Europe.

Water Sports · Kitesurfing · Diving

El Gouna's Mangroovy Beach is one of the world's premier kitesurfing spots — consistent winds, flat-water lagoon access, and a world-class kite station. Diving at the house reef and nearby sites attracts a significant European specialist tourism market that supports year-round accommodation demand.

Residential Areas

Where to Buy in El Gouna

El Gouna's 9,200+ delivered residential units span 40+ distinct neighbourhoods across the lagoon islands, marina areas, and beachfront. Each has its own character, proximity to different amenities, and price point. Liaison Property covers the full spectrum — from established resale units to new-launch phases with direct developer pricing.

Abu Tig Marina Area

El Gouna's social heart. Properties here command a premium for marina views and walking-distance access to the waterfront restaurant strip. High rental demand from European visitors seeking the full El Gouna lifestyle experience. Strong short-term rental yields.

Ancient Sands

El Gouna's established golf community. Low-density villa and chalet development adjacent to the Ancient Sands Golf Club. A recognised address within El Gouna with strong capital appreciation history and appeal to golf-motivated buyers from Europe and the Gulf.

Kafr & Downtown

El Gouna's charming Old Town area — whitewashed buildings with Nubian architectural details, pedestrian lanes, and intimate scale. Historically the most in-demand rental market within El Gouna, with consistent occupancy from repeat European visitors and digital nomads.

New Launches · Kamaran · Fanadir Shores

Orascom's latest phases include Kamaran (delivering 410 units in 2025), Fanadir Shores (57 exclusive beachfront units with private boat lagoon), and North Bay (marina living). New-launch pricing with short delivery timelines of 1–2 years. Liaison Property has direct access to developer pricing on active phases.

Current Availability

El Gouna Properties Available Now

Browse our current El Gouna listings across all neighbourhoods and phases — or contact us for off-market opportunities, developer-direct pricing on new launches, and resale units not yet publicly listed.

Interested in El Gouna?

Our team advises in German, English, Arabic and French — no commitment required.

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FAQ

Frequently Asked Questions

Is El Gouna suitable for year-round living, or mainly a holiday destination?

Increasingly year-round. El Gouna has its own airport, an international hospital, schools, and a marina — infrastructure built for residents, not just seasonal visitors, which is why the market has shifted from holiday-home demand toward primary-residence buyers.

Can foreign nationals buy freehold property in El Gouna?

Yes. Foreign buyers can hold freehold title in El Gouna under the same framework as Egyptian nationals, subject to standard title registration.

How do I get to El Gouna from Germany or Austria?

Via Hurghada International Airport, roughly 25 minutes from El Gouna, with direct seasonal and year-round charter and scheduled flights from most major German and Austrian airports.

Are El Gouna properties mostly new-build or resale?

Both. El Gouna has an established resale market alongside new-build developments — Liaison Property represents both, with payment plans available on new-build units and cash purchase typical for resale.

What ongoing costs should I expect as an El Gouna property owner?

An annual service charge covering common-area maintenance, security, and shared facilities, set per the development's contract terms — this varies by compound and is listed on each individual property.