TLD-The Land Developers launches “il Bayou” in Sahl Hasheesh with total investments of EGP 500 mn
TLD-The Land Developers, a leading Egyptian real estate developer, announced the launch of il Bayou, its flagship project in Sahl Hasheesh, Red Sea, with total investments of EGP 500 mn. Developed on an area of 45,000 sqm, il Bayou is a coastal fully serviced residential project; offering a total of 85 villas between standalone, twin and townhouses, as well as 60 serviced apartments. TLD’s latest development is part of the company’s expansion plan in the real estate sector, as it eyes investing in new thriving destinations in line with the market’s vision for tourism and urban development.
Ahmed El Tayebi, Chairman and CEO of TLD-The Land Developers, stated that the company has made a distinctive imprint and impact on the Egyptian real estate market since its inception, banking on the long-standing history, heritage, and expertise of El Tayebi Developments, a well-established name in the Egyptian real estate market since 2006. “This boosted TLD’s capabilities to become one of the leading real estate developers. Our investment portfolio has reached EGP 4 billion with a 52-acres land portfolio in 2 destinations; Armonia in the New Administrative Capital and il Bayou in Sahl Hasheesh.”
TLD-The Land Developers eyes further expansion during the coming period and has an ambitious plan to set foot in new destinations such as West Cairo, “We aim to perfect an upscale real estate model to provide an unmatched living experience that keeps pace with the ever-changing market dynamics, in line with Egypt Vision 2030 and the National Strategic plan for Urban Development in 2052,” El Tayebi further elaborated.
Over the previous years, the company has deployed the expertise of its joint shareholders, that boast a combined laudable 30+ years of experience in tourism, hospitality and real estate development, fused together with the young mindsets to lead the company forward with their contemporary and innovative approach. “With this dynamic, we are able to understand the continuously changing needs of customers and bring a wealth of well-integrated mixed-use projects, leveraging the technical, human and financial capabilities we have, to forge our mark in the Egyptian real estate sector.” Ahmed El Tayebi remarked.
For his part, Omar El Tayebi, Chief Operating Officer of TLD-The Land Developers, stated that the company is pleased to launch its flagship project in tourism real estate development, il Bayou, which is nestled in a strategic location in Sahl Hasheesh, Red Sea. “il Bayou is an unprecedented real estate product that aims to drive the growth of real estate exports, stimulate tourism in Hurghada and attract more foreign direct investments. The tourism real estate development sector is witnessing a vogue, as customers look to own a year-round destination in coastal areas.”
With EGP 500 mn investments, il Bayou is an exclusive coastal fully serviced residential project and a landmark in Sahl Hasheesh, Red Sea. The sustainable project is set to adhere to all environmental and sustainability considerations, with a design inspired by the colors and materials of the surrounding environment to coexist and integrate within it. This is also reflected in all the compound’s elements and materials, bringing to life a sustainable project in harmony with nature without any human or negative impact on the environment.
il Bayou project is a year-round touristic destination designed by L35 architects Madrid. The project offers fully finished villas with private pools, serviced and fully furnished apartments, laundry and housekeeping services, in addition to large swimming pool, a poolside restaurant, gym, and spa.
The project design revolves around the quality of shared spaces and landscaping values. The layout is organized around a network of pedestrian-friendly streets combined with a central promenade with lush gardens, rest areas, and water features. The project is located in a premium location in Sahl Hasheesh, within close proximity of the beach, and only 9-minute drive to Sahl Hasheesh Old Town, 6-minute drive to Sawari Marina. il Bayou is also the only project in Sahl Hasheesh that has direct beach access for the owners.
