Egyptian real estate developer Misr Italia is offering a 5% discount on its units in Mousa Coast during the holy fasting month of Ramadan, Invest-Gate reports.

Misr Italia previously offered feasible payment terms for its waterfront chalets with potential buyers required to pay a mere 10% down-payment, according to a released statement.

Mousa Coast is located in Ras Sedr, 90 minutes away from Cairo. It has delivered approximately 2,500 units thus far and features several amenities and swimming pools..

The company plans to turn the project into a fully-integrated community on the Red Sea, according to its official website.