Lavaya - luxury residence in Hurghada
Key features
Details
Property description
Lavaya is a boutique complex designed for comfortable living, located on a land plot of 63,000 m2 in the south of Hurghada. The developer is a company with 29 years of experience in the construction of five-star hotels and residential residences. This serene space offers an escape from the hustle and bustle of the city. Being surrounded by nature, tranquility and good mood, you automatically get rid of stress and tension. An important aspect is that residential development makes up 20% of the total area, and the rest of the area is occupied by infrastructure and landscaping. The pearl of the complex is a crystal clear lagoon with a total area of 6,000 m2, located in the very center. Here life flows easily, combining modern living with a lively, inspiring and serene atmosphere.
The complex is located in close proximity to the Sahl Hasheesh area, two minutes walk from the most popular shopping center and sports club Senzo, 10 minutes drive from Hurghada airport, 15 minutes from the city center.
Lavaya offers the following infrastructure for convenience and comfortable living:
A lagoon equipped as a beach
Club House for entertainment and pleasant pastime
Restaurant, cafe and bar
Retail space
Boutique hotel
Types of apartments:
Studios
1 Bedroom Apartment
2 Bedroom Apartment
3 bedroom villas with garden or lagoon views, featuring a lift, an option not offered by other developers.
The developer offers several types of interest-free installments:
For apartments:
15% down payment - from 327,000 Egyptian pounds (6,600 USD), 85% of the cost with 4-year installments
20% down payment - from 436,000 Egyptian pounds (8,800 USD), 80% of the cost with 5-year installments
For villas:
15% down payment - from 1,923,000 Egyptian pounds (38,825 USD), 85% of the cost with 5-year installments
20% down payment - from 2,564,000 Egyptian pounds (51,766 USD), 80% of the cost with 6-year installments
30% down payment - from 3,846,000 Egyptian pounds (77,650 USD), 70% of the cost with installments for 7 years
The developer provides a 25% discount upon full payment.
Apartment prices start from LE 1,635,000 (USD 33,010) when paid in full, with a 25% discount.
Villa prices start from 9,615,000 Egyptian pounds (194,125 USD) when paid in full, with a 25% discount.
Service costs 10% of the apartment price and is paid once upon receipt of the keys.
The complex is scheduled to be completed in mid-2028.
Agency: KIKO Real Estate