Glee

Developers: Tharaa Development

Matrouh Road Area, North Coast

About Project

Project Identity:

Developer: Tharaa Developments. Architecture & Concept: Modern contemporary coastal resort engineered to unify structural luxury with coastal natural views, featuring simplified facades, daylight optimization, and seamless indoor-outdoor layouts. Total Units: Multi-category coastal resort options including studios, 1 to 3-bedroom chalets, duplexes, lofts, and twin houses. Overall Theme: Contemporary Mediterranean beachfront neighborhood focused on integrated hospitality, active water amenities, and modern architecture.

📐 Technical Details & Pricing:

Finishing Status: Fully finished luxury units delivered across all typologies. Master Plan & Specifications: Spans 50 feddans featuring a 370-meter beachfront line. Unit Breakdown & Sizes: Studios starting from 50m²; 1-Bedroom Chalets starting from 83m²; 2-Bedroom Junior Chalets starting from 101m²; 3-Bedroom Chalets starting from 160m²; Duplexes starting from 172m²; Lofts starting from 254m²; 4-Bedroom Twin Houses with maid's room starting from 236m². Pricing & Payment Plans: Competitive pricing options available across all property types with special discounts for higher down payment tiers. Payment structure requires a 10% down payment facility with equal installments extending up to 8 years (eoi starting from 50,000 EGP).

📍 Location:

District: North Coast, Kilo 58 on the Alexandria - Marsa Matrouh Road, near New Alamein City. Proximity & Connectivity: Located 10 minutes from Borg El Arab Airport, 15 minutes from Marina, 20 minutes from New Alamein City, and 30 minutes from Sidi Abdel Rahman. Positioned adjacent to flagship coastal developments including Alma New Alamein and Nord New Alamein.

✅ Attractions:

Prime 370-meter beachfront, on-site 200-room luxury hotel, fully serviced hotel apartments, fully equipped health club with state-of-the-art gym, vibrant water aqua park, swimmable sandy lagoons, central community Clubhouse, sprawling green open spaces, dining options with restaurants and cafes, fully finished unit deliveries, 10% down payment facility with up to 8-year payment terms, and strong long-term real estate investment appreciation near New Alamein City.

Pricing & Payment

Starting Price
57,500,000 EGP
Price / m²
95,833 EGP
Payment Method
Cash + Installment
Down Payment
5%
Installment Years
8
Installment Status
Remaining
🇬🇧 English Format


💳 Payment Plan (Up to 8 Years):


Down Payment: 5% + 5% after 3 months


Delivery Payment: 10%


Installments: Equal installments up to 8 Years


💳 نظام السداد (حتى 8 سنوات):


المقدم: 5% + 5% بعد 3 أشهر


دفعة الاستلام: 10%


الأقساط: أقساط متساوية حتى 8 سنوات

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