Makadi Heights Launches Raya Villas, A New Real Estate Product

Makadi Heights Launches Raya Villas, A New Real Estate Product

Makadi Heights, one of the cities of Orascom Development Egypt (ODE) in the Red Sea, announces the launch of Raya villas with magnificent panoramic views of the city’s lakes, Invest- Gate reports.

The launch aims to meet the high demand, especially after the sales increase in Makadi Heights by 402.1% to reach EGP 583.9 mn in H1 of 2021.

Additionally, Raya villas include 100 units, ranging from junior villas, family villas, single-storey villas, twin villas, and townhouses, in addition to artificial lakes and vast green spaces. Raya Villas are designed to go along with the master plan of Makadi Heights, giving privacy to its residents.

The villas are located near the downtown area, which provides easy access to basic amenities and services, and ensures enjoying the recreational activities organized throughout the year.

Tamer Dewidar, Makadi Heights CEO, confirms that ODE adopts a development strategy based on accelerating implementation rates and timely delivery of the current phases of Makadi Heights, adding that 50% of the target area has been completed according to the deadlines for receiving clients.

As for the Raya villas, they will be delivered to customers in 2025. Besides, the construction and infrastructure work are carried out according to the highest and best international specifications.

Moreover, Dewidar comments, “Makadi Heights hosts many sporting and artistic events that activate recreational tourism in the Red Sea governorate. In addition, we prepare to host the first international music festival in May 2022, which contributes to shedding global and regional lights on this unique destination.”

It is worth mentioning that Makadi Heights includes 9,000 housing units, nearly 2,750 housing units have been sold so far to more than 63% from outside Egypt, which indicates confidence in Orascom Development projects.

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