ZAWYA: El Gouna Red Sea launches Nuba El Gouna, a fully serviced living experience by Orascom Property Management

El Gouna, Egypt: El Gouna Red Sea, the premium town developed by Orascom Development in Egypt and one of the Middle East’s most prominent Red Sea destinations, has announced the launch of its latest residential project, 'Nuba El Gouna', the town’s first fully serviced apartments. Fully managed by Orascom Property Management (OPM), the project delivers a seamless, end-to-end ownership journey. From operations and maintenance to furnishing and rental management, every detail is professionally handled, offering homeowners a fully equipped, ready-to-live and ready-to-rent solution, presenting a compelling investment opportunity with strong, consistent income potential.At its core, Nuba El Gouna is thoughtfully designed, bringing together hospitality, wellness, and everyday convenience to create a refined, balanced lifestyle experience.The project is not only attractive from an investment perspective but also stands out for offering two distinct advantages: a fast delivery timeline and a thoughtfully designed lifestyle experience. With a delivery period of just two years, it allows homeowners to benefit from early utilization and value realization.Meanwhile, it introduces a fully integrated wellness concept at its core, featuring a signature sandy pool, alongside a comprehensive wellness ecosystem that includes a 24/7 concierge and reception, housekeeping, spa and wellness facilities, a fully equipped gym, a dedicated yoga area, and landscaped courtyards, co-working lounge, all designed to promote a balanced lifestyle centered on relaxation and wellbeing.The project is centrally positioned in El Gouna, between West Golf, West Villas and North Golf. Its proximity to Downtown El Gouna adds significant value, offering a central and easily accessible location. The project introduces a new residential concept that combines hotel-style wellness amenities with fully serviced living.The project is part of El Gouna’s broader growth momentum, with business development in 2026, marking another milestone in the town’s continued expansion as one of the Red Sea’s most distinctive residential destinations.Commenting on the launch, Mohamed Amer, CEO of El Gouna, Executive Board Member at Orascom Development Egypt, said: ""Nuba El Gouna" is a natural next step in the town’s journey, one shaped by how closely we listen to our community and respond to the way people choose to live and invest today. As our first fully serviced residential offering, it reflects a shift towards a more seamless, effortless way of living in El Gouna but also presents a compelling, hassle-free investment opportunity with long-term value. With its wellness-focused concept and professional operation by Orascom Property Management, it brings together convenience, quality, and a lifestyle that feels true to the spirit of the town.At its heart, El Gouna has always been about connection and a sense of belonging. As we continue to grow, Nuba is part of upcoming projects through which we will keep creating new experiences and opportunities, while staying true to what makes the town so special, its community."“Nuba El Gouna” represents the latest addition to El Gouna’s evolving architectural story, which for more than 35 years has brought together renowned international and Egyptian architects to shape the town’s distinctive design identity. Designed in collaboration with the Athens-based architecture studio block722, known for its award-winning hospitality and residential projects, alongside Time Designs Studio, the development reflects a thoughtful blend of global vision and local heritage. Drawing inspiration from Nubian architectural traditions, the design incorporates domes, soft curves, and warm sandy tones that harmoniously integrate with El Gouna’s desert and coastal landscape.It’s worth mentioning that” Nuba El Gouna” offers a product mix of 1- and 2-bedroom apartments, providing options for both individuals and families seeking fully serviced living.Send us your press releases to pressrelease.zawya@lseg.comDisclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.The press release is provided for informational purposes only. 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