Egypt-based Core Developments has launched its newest project Alcamar in Sahl Hasheesh in Egypt’s Red Sea coast, Invest-Gate reports.

Located 30 meters above sea level, Alcamar is deemed as the “most enchanting project” on the northern headland of Sahl Hasheesh with 92% of units offering unparalleled and unobstructed sea views of the pristine Sahl Hasheesh bay and lush green golf course backdrop.

Spanning across 30,000 square meters, the project features more than 200 units, including apartments, luxurious penthouses, and exclusive villas.

“The project pairs modern convenience and traditional flair, vast sea views and cozy landscapes, peaceful relaxation and the key to the excitement of the Red Sea: it is a home to unwind, enjoy and explore,” Core Developments said in a statement on its website.

Alcamar provides a payment plan up to seven years with a 5% down payment, with its first phase scheduled for delivery within two years.

Core Developments has other upcoming projects in a number of coastal areas in Egypt, including the Red Sea resorts of El Gouna, Hurghada’s Coral Beach, and Port Ghalib.