Premier Development has unveiled its latest venture, “SANSA,” in the North Coast, with total investments amounting to EGP 1.5 bn, situated in one of the most distinguished locations in the region, Invest-Gate reports.

The company has also disclosed key partners pivotal for the success of this groundbreaking project.

Tarek El Nabrawy, Chairman of Premier Development, highlighted the North Coast’s evolution into a sought-after destination for customers both within and outside the Egyptian market, particularly following the Ras El Hekma development project announcement. This surge in interest from individuals looking to reside or invest in the area prompted the company’s strategic move.

El Nabrawy emphasized that “SANSA” aligns with the government’s vision to transition the North Coast into a year-round hotspot, catering to evolving customer demands and investment trends in emerging locales. The project underscores Premier Development’s commitment to staying abreast of market dynamics and meeting diverse customer needs, marking a significant milestone in the company’s quest to establish a premier destination for local and international clients in the North Coast.

He underscored the company’s proven track record in delivering exceptional projects, bolstering their efforts to expand into this new venture located at kilometer 82, opposite Zahran Mall, spanning 12 feddans within a prime North Coast locale. This comprehensive residential and tourist undertaking offers an array of services ensuring optimal customer comfort, luxury, and quality of life.

Samir Ismail, General Manager of Premier Development, acknowledged the fierce competition in the North Coast but asserted that truly distinctive projects, like “SANSA,” will captivate customer interest through their unique features. Positioned as the North Coast’s first integrated smart city, “SANSA” empowers residents to manage their units comprehensively via mobile devices, including renting units and managing payments seamlessly.

Ismail highlighted the project’s amenities such as swimming pools, crystal lagoon lakes, and a focus on smart project management at large. He emphasized the importance of embracing technological advancements in real estate development to meet evolving customer demands effectively.

The project aims to commence deliveries within three years, with a clearly defined implementation and delivery schedule designed to uphold commitments to customers, reinforcing the company’s credibility and customer trust in its reliability and dedication.