Encore at Swan Lake El Gouna Targets Premium Market With EGP 25.8 Million Starting Price
The latest addition to El Gouna's luxury portfolio, Encore at Swan Lake, sets a new benchmark for high-end living with expansive units and resort-grade amenities.
Encore at Swan Lake El Gouna has launched with starting prices from EGP 25.8 million, placing it among the most premium new developments in the greater Hurghada area. The project reinforces El Gouna's position as the Red Sea's premier destination for luxury residential real estate.
The Swan Lake Setting
Swan Lake is one of El Gouna's most sought-after addresses, centred around a man-made lagoon with direct water access and lush landscaping. The Encore development builds on this appeal with larger-than-average unit formats, high-end finishes, and amenities designed to compete with international luxury resort standards.
Who Is Buying
Projects at this price point attract a specific buyer profile: high-net-worth Egyptians seeking second homes, European buyers with significant budgets, and Gulf nationals diversifying their property holdings into Egypt. The developer's marketing strategy targets all three groups through international sales channels and bilingual marketing materials.
“El Gouna competes not just with other Egyptian destinations but with the entire Mediterranean and Red Sea luxury market. At these price levels, buyers expect international-grade quality, and developers who deliver it earn premium pricing.”
— Luxury real estate specialist, Red Sea Properties
With starting prices above EGP 25 million, Encore sits at the top of the pricing pyramid alongside Marina Gate Almaza Ras Soma and select Marassi Red Sea properties. Its performance will serve as a bellwether for demand at the very top of the Hurghada-area market.
Related Articles
New EGP 3B Marina & Waterfront Project Gets Final Approval
A large-scale marina and mixed-use waterfront development has received its final building permits, with construction expected to begin before year-end.
Golden Home Development Completes Phase One Ahead of Schedule
Golden Home's first phase of 180 residential units has been handed over three months ahead of the original timeline, with Phase Two already 60% sold.
Hurghada's Off-Plan Development Pipeline Surpasses 60 Active Projects Across Red Sea Destinations
Property Finder data reveals more than 60 active off-plan projects spanning Hurghada, El Gouna, Makadi, Soma Bay, and Sahl Hasheesh, underscoring the depth of the region's development pipeline.
Explore Our Properties
Browse our residential projects on the Red Sea coast