Real estate company Mabany Edris announces the launch of its latest project, Koun, with a staggering investment of EGP 6 bn in the North Coast, Invest-Gate reports.

The new project is envisioned to offer a unique living experience with contemporary designs, modern amenities, and a wide range of recreational activities.

Positioned 201 km away from the Alex-Matrouh road on the West North Coast, Koun is a distinctive project that guarantees an integrated, luxurious lifestyle with stunning views.

It boasts a diverse product mix, including hotel rooms, a clubhouse, and a commercial area, making it an all-inclusive destination for residents and visitors alike.

Construction is scheduled to begin in the fourth quarter of 2023, and the first phase is expected to be delivered within four years.

The project’s buildings will take up only 15% of the total area, with the rest comprising of lagoons and landscapes, adding to its allure as a serene oasis.

The Koun project is part of Mabany Edris’s strategic plan to develop an array of projects in coastal cities that cater to their clients’ needs and demands.

With its unique location, innovative designs, and luxurious amenities, Koun is undoubtedly set to attract a lot of attention and be a game-changer in the real estate market.