Ajna Developments is close to recording EGP 1bn in sales at its Carnelia Sokhna development, located in the Galala area of Ain Sokhna, by the end of the current year, according to CEO Sherif Saleh.
Saleh said that the Carnelia project is located on 100 feddans in Ain Sokhna, and has been designed by an international office providing a high quality of building standards. The built-up area does not exceed 17% of its total area, with the remaining space allocated to services and entertainment venues for the project.
He added that the development constitutes a variety of types of units, including studios, chalets, and independent and connected villas, all of which will be delivered fully finished with air conditioning.
Saleh emphasised that Ajna Developments provides flexible offers for customers with 10% down payment and payment plan up to 10 years according to the financial solvency of each client, making housing in Ain Sokhna a unique and distinctive experience that guarantees a large investment return for housing units in the project.
Saleh said that the percentage of purchase demand in Galala and Ain Sokhna regions has increased by 30% during 2020, coinciding with the completion of the national Galala Plateau Project, which has all the services and basic ingredients for sustainable life at the sea.
Saleh noted that the size of the expansion, urban development and inauguration of smart sustainable cities by the state during the past few years has reshaped the investment map of the real estate sector and increased investment opportunities in a number of coastal cities, especially the city of Galala in Ain Sokhna, which has become one of the most attractive areas for clients thanks to its proximity to the New Administrative Capital (NAC).
The Carnelia project is adjacent to the Galala tourism project, and has met with great demand by customers since its launch at the end of last year. Customers interested in the project prefer housing and are looking for real investment opportunities due to the additional advantages of the project that enhance its competitiveness in the region.
Additionally, the Carnelia project is the only project adjacent to the International Marina for yachts in the Galala area.