«Rekaz Developments» Launches Its Latest Project «LAZULI» in Hurghada with 250 million pounds Investments

«Rekaz Developments» launched its latest project in Hurghada. The project «LAZULI» costs 250 million pounds. The launch event took place at Hurghada with the presence of Rekaz’s CEO, employees, clients, and brokers.
Eng. Tamer Bakeer «Rekaz Developments» CEO stated that the developments which implemented by the government across the whole country provides real investment opportunities, besides, the developments over coastal cities and the state plan to activate those cities all over the year which attracts the investors and clients to these cities.
He added that «LAZULI» is an integrated residential touristic project located on 40.000 meters, and the company aims to implement distinctive projects in all its details, starting with choosing the project location, and an innovative architectural design that provides luxury and privacy to its client’s, referring to the company’s plan to deliver uniqueness to its current and targeted clients all over Egypt & globally.

He pointed out that experiencing how luxurious life could be by providing the clients with a private community & breathtaking landscape. Not just that, “LAZULI” offers to its clients all the services and facilities they need on a high level to ensure an outstanding residency that includes a Clubhouse, tropical swimming pools, sports track, Gym & Spa, Central Park, Luxury hotel, Business and commercial spaces, High-end shops, paddle tennis and more. Adding up “LAZULI” lagoons that give all-units a unique view of green landscapes and water features.
«LAZULI» build-up area is 20% compared to the landscape, green areas, and lagoons that reach 80% of the total project area, besides the project, also features a distinguished commercial walkway
(LAZULI Boardwalk) with a length of 350 meters.
“LAZULI” is the first gated private compound in Hurghada that provides a drive-thru service, indicating that providing the necessary services is an essential part to ensure a stable and distinguished residence for the clients within the projects, especially coastal projects.
He clarified that the company offers various flexible payment plans that satisfy all clients, which include a plan of paying a 10% down payment and the rest as equal installments over 5 years, or a 20% down payment and the rest as equal installments over 6 years, confirming that those plans have been carefully studied to ensure a balance between the company’s financial situation and the target client’s affordability.

He highlighted that Rekaz developments focuses on sustainability standards and reducing power consumption that aligns with the state plans to implement sustainability standards, as well as, this vision has a great impact on the clients for the medium and long term, stressing that sustainability standards became a common dominator.
He mentioned that «LAZULI» is the company’s second project after Opal Business Complex which comes on a build-up area of 20.000 square meters as a Retail, medical, and administrative project a distinguished area of MU23 in the administrative capital with varieties of area.
The company plans to launch its third project at «Mostakbal City» which is a mixed-use project in the first phase of the city.