Orascom is a very big company, famous because own and constructed the beautiful city of elgouna, near hurghada.well now orascom is starting a new project in makadi,about 20 km south from hurghada,people is running and buy apartments and villas like crazy,even if the buildings will be ready after 2 years.
Of course in this area ,along with villas and compounds there will be space for many hotels ,i think minimum 5 stars.
Makadi’s Location
Makadi’s location has been carefully selected to be few minutes away from Hurghada and Safaga, and close to Luxor, offering you and your family a home , you can enjoy all year long..
- 30 Km away from Hurghada
- 30 Km from Safaga
- 18 Km from Sahl Hasheesh
- 210 Km from Qena
- 240 Km from Luxor
Orascom started to sell makadi properties in 2008 and already the prices increased about 25% !
For more informations visit the Orascom -makadi official website-
http://www.makadi-redsea.com/en/index.php
