2024 has been a record year for Crystal Lagoons in Egypt, with 42 projects at different stages of development and negotiation. In just six months, the multinational innovation company has completed three new agreements, further expanding its presence in this country, which has one of the highest numbers of lagoons globally and is the company’s main market in the Middle East and North Africa (MENA) region.
The most recent project is Caesar Bay, a luxury second-home development on the North Coast. The complex’s centerpiece will be two lagoons powered by Crystal Lagoons® technology, allowing residents to enjoy idyllic beach life.
The development, in partnership with Sodic, one of Egypt’s leading real estate firms, recognized for its award-winning and innovative projects, will be located in Ras el Hekma, a highly successful tourist area featuring 439 residential units.
The other complexes materialized during the year are also on the North Coast. They are Azha North Lagoon, with the firm Madaar Development, and Q North, in partnership with Q Developments.
Crystalline lagoons have become the preferred real estate amenity in Egypt. Among the multinational’s commercial partners in Egypt are renowned developers such as Hassan Allam Properties, Tatweer Misr, Citystars, Golden Pyramids Plaza, Madaar, Arco Egypt, Dar Al Mimar Group, Jumeirah Egypt, M2 Developments, Maxim Development, Porto Group, and Remco Group.
Among the Crystal Lagoons complexes in this country, the second largest crystalline lagoon in the world stands out in the Citystars Sharm El Sheikh project. It is an 11.3-hectare oasis in the middle of the desert that, thanks to Crystal Lagoons® technology, harnesses the desert’s underground water sources to create a gigantic crystalline lagoon.
“The projects of Crystal Lagoons in Egypt provide added value and allow the development of second-line projects on the North Coast and the Red Sea, giving the possibility to take advantage of the region’s good weather all year round,” explains Miguel Angel Cabañas, regional director of Crystal Lagoons.