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About Red Sea Real Estate:
Orascom was founded back in 1950 by Mr Onsi Sawiris; and now the Orascom Group
can be divided in to five primary operating companies: Orascom Construction
Industries, Orascom Technologies, Orascom Telecom, Orascom Hotel Holding and
Orascom Projects & Touristic Development. In 1989 Orascom Project & Development
(OPTD) was established in order to develop and construct world class destination
resorts, like El Gouna. With around 19 million square meters El Gouna is one of
Egypt's most recent and eminent tourist development projects. OPTD has always
had something special in mind regarding El Gouna. The concept was to create a
fully integrated, self-contained community resort from scratch. The central
ownership & management control creates a common interest and pooling efforts,
enhancing every aspect of the resort and creating an El Gouna standard. It also
prevents negative impacts such as overbuilding and pricing extremes.
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El Gouna Real Estate
 El Gouna Real Estate has been a leader in home sales
to Europeans since the establishment of the company by
Pino D'Alterio in 1995. D'Alterio, General Manager for Red
Sea Development, opened the first European sales office in
El Gouna and was highly successful in selling plots of land
to pioneer owners. In the early stages of the town's development,
he had the challenging task of assuring new buyers
that by the time their homes were completed, lagoons would
be in place to turn their desert plots to waterfront properties.
Not only was that initial promise met, the consistent willingness
of staff to go the extra mile has increased client confidence
in the integrity of investments in El Gouna.
The company has grown steadily over the years with a
strong team of dedicated, multi-lingual staff. The company's
extensive and effective marketing campaigns in Europe have
greatly increased property sales and have also served to
bring worldwide recognition to the resort. The company now
has two prominent offices in El Gouna, one adjacent to the
visitor's information center in Tamr Henna Square downtown,
and a second office next to the Turtle's Inn in the Abu Tig
Marina. Both offices are open eight hours a day, seven days
a week, and staffed by highly-trained professionals who provide
clients, both existing and prospective, with far more than
the sale of homes.
 El Gouna Real Estate has earned its high reputation
through great effort, and the company's sales team remains
committed to the future of El Gouna and to upholding the high
standards the company has set for itself. These two offices
have been given exclusivity for the UK, Irish and Italian markets.
Additionally, the company shares the following markets
with Orascom: Belgium, Sweden, Norway, Finland, South
Africa and the countries of Eastern Europe.
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