Mountain View Expands North Coast Portfolio with 200-acre LVLS development

Mountain View Expands North Coast Portfolio with 200-acre LVLS development

Continuing its successes in Egypt’s North Coast region, Mountain View has signed a contract to develop 200 acres of land at kilometer 179 on the Mediterranean coast to launch the LVLS project as a new concept in second homes, Invest-Gate reports.

The expansion stems from Mountain View’s strategy to develop innovative, value-adding projects in line with the state’s directives to build projects attracting year-round residents. It fulfills Mountain View’s vision of “building the land and making those around it happy.”

LVLS builds on the success of the Mountain View Ras El Hikma project, which includes over 1,500 families and was launched in 2007. That project features a commercial zone and development facilities and achieved huge sales upon the launch of its latest EVIA phase in 2022. Mountain View Ras El Hikma sales reached 3.6 billion Egyptian pounds within two days, totaling EGP 4.9 bn in the summer of 2022.

LVLS will feature units 40 m above sea level, designed over six levels to ensure sea views. Units offered have three styles to meet different customer needs, plus a luxury hotel, vast green spaces, and an “unprecedented coastal experience.”

Mountain View founder Amr Soliman said that their continued growth and performance enabled new investments to meet customer demand. He said Ras El Hikma’s unique location and beach attracted the company.

Mountain View distinguishes itself by developing projects achieving high added value for second home buyers, with services helping residents live year-round. It organizes programs and workshops for families to make the most of their vacations.

Mountain View’s portfolio includes 16 projects, four for second homes on Egypt’s North and Red Sea coasts.

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