Egypt-based property developer, Step One, an affiliate of Hossam Farid Group, would deliver the first phase of La Mora Beach- North Coast by 2019, its sales manager Belal Ayman said Wednesday.
Located in Sidi AbdelRahman La Mora Beach is the first project developed by Hossam Farid Group, established over 39 feddans.
The project would be executed over three phases; phase one which is implemented by one of the group companies, is set to be completed within three years .
The company would partner with three other constructions firms to carry out phase I and II.
La Mora Beach, phase I is currently under construction, it includes 300 luxurious touristic units with a splendid view of the sea. In addition, the company has already promoted 40 percent of the first phase which reflects the clients’ keenness on investing in touristic investments projects.