Glee Village North Coast is a fully integrated resort village that Tharaa Developments built across 50 acres at Kilo 58 on the Alexandria-Matrouh road, directly beside New Alamein. The resort opens onto the Mediterranean with a 370-metre sea frontage, and its position at the midpoint between Alexandria and the New Alamein axis gives it the feel of a near summer destination that works for both holidays and rental income. The launch spans seven unit categories, from a 50 m² studio to a 236 m² twin house, all delivered fully finished, with prices that open at EGP 2,800,000, a 10% down payment, and installments running up to 8 years.
The angle that sets this resort apart is its single long beachfront paired with a low building density. A 370-metre face on the sea spread over 50 acres lets the developer line more units along rows close to the water instead of stacking them inland, which protects each unit’s view and supports its long-term value. The buyer profile is wide on purpose: a small studio suits an investor chasing a low entry point for short-term rental, while the duplex and twin house answer families who put seasonal personal use first. Reading the resort against the verified facts below, rather than the brochure, is the surest way to judge whether it fits a given budget and use.
Where exactly is the resort located on the North Coast?
Glee Village North Coast sits at Kilo 58 on the Alexandria-Matrouh road, 58 km from the city of Alexandria and inside the immediate development belt of New Alamein. Tharaa Developments chose this point deliberately because it pairs access to New Alamein’s growing urban services with the quiet of a beachfront that stays clear of the season’s heaviest crowds. The resort connects to its surroundings through an upgraded road network that keeps travel times short despite the geographic distance from Cairo. The Alexandria-Matrouh road, the main coastal artery feeding the western Sahel, places the village on a corridor that the state continues to widen and service as New Alamein grows.
Distance is where the location earns its value, so the numbers matter more than adjectives. The village sits about 20 minutes from the heart of New Alamein, just 10 minutes from Borg El Arab International Airport, roughly 15 minutes from the Marina area, and around 30 minutes from Sidi Abdel Rahman. That placement between two airports and a rising coastal city is what turns the trip from Cairo into an easy transfer rather than a hard seasonal expedition. Borg El Arab International Airport, the main air gateway west of Alexandria, sits close enough that an owner can land and reach the unit inside a quarter of an hour, while the nearby New Alamein Airport adds a second arrival point for owners and short-stay guests travelling from outside Alexandria.
The district and neighbouring villages
The resort neighbours several recent villages inside the New Alamein zone, among them Alma and Nord, which places it within a growing coastal cluster that lifts resale liquidity later. Alma and Nord, both marketed as modern villages in the same belt, set a useful reference for unit sizes and price per metre that a buyer can weigh against this launch. New Alamein itself, the urban community wrapping the project, carries rising weight as one of Egypt’s fourth-generation cities, combining residential towers, universities, and a long Mediterranean waterfront. This shift from a seasonal summer strip into a city that runs year-round raises demand for the units closest to it, for living and investment alike, and the village sits in the direct path of that growth without entering the density of the city core. The presence of New Alamein Airport on the doorstep reinforces that pull, since it shortens the journey for owners arriving from Cairo or the Gulf and widens the pool of short-season tenants the units can reach.
The developer: Tharaa Developments and its record
Tharaa Developments founded the resort, a company established in 2019 with a declared issued capital of EGP 1 billion that works in residential and tourism community development. The board is chaired by Islam Hashem, who brings a background in construction and real estate development, and includes Dr. Sherif Badr and Mohamed El-Kashef across management and property investment. This launch stands as one of Tharaa Developments’ headline coastal projects, brought to market with specialist design and execution partners engaged to run each unit under modern operating standards. The billion-pound issued capital signals the financial base the developer is putting behind a 50-acre coastal build, which is the kind of figure a buyer can verify in the company record before committing.
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Because Tharaa is relatively new to the market, reviewing the delivery schedule and the preliminary sales contract is a meaningful step for any buyer before signing, and we recommend confirming both directly with the company. A young developer is not a drawback on its own, yet the prudent buyer verifies the licence and the construction stage rather than relying on the brochure. Checking that the announced 2028 handover and any delay penalty are written into the contract turns a marketing promise into an enforceable term, which is the due diligence most competing coastal listings skip over.
The leadership profile is worth reading as part of that check. Islam Hashem chairs the board with a construction and development background, Dr. Sherif Badr brings decades of experience across construction and project management, and Mohamed El-Kashef adds property investment and engineering depth. A board weighted toward construction rather than pure sales is a reassuring signal on a 50-acre coastal build, because the harder risk in an off-plan resort is execution and delivery, not marketing. Even so, the prudent step is to confirm the project’s licence status and the unit’s ownership terms with the company and the relevant authority before any payment, since a verified contract protects the buyer far more than a strong board alone.
Area and urban design
The resort spans 50 acres, with the larger share given to green spaces, lagoons, and open stretches between the buildings. The design leans on simple, modern facades and wide windows that open onto the sea and the landscaped areas, and the unit layout protects privacy while keeping the view unbroken. Distributing the units across 50 acres behind a single sea frontage creates a relatively low building density that serves the unit’s value over the long run. Hotel units and chalets take the rows closest to the lagoon and the beach, while the larger homes and twin houses hold more private positions deeper inside the masterplan.
The masterplan reads as a tiered descent toward the water, so the rows step down in height to give the back rows a line of sight over the front. That tiering is the practical reason the developer can promise a sea or open view from most units rather than only the first line, and it is what a buyer is really paying for when comparing a beachfront launch to an inland one. Between the buildings, the sandy lagoon and the landscaped walkways do double duty: they hold the resort’s leisure life and they keep the built footprint loose enough that units are not pressed against each other.
The zoning splits the plan into a beach-and-lagoon front, a leisure core around the hotel and clubhouse, and quieter residential pockets toward the rear. Placing the hotel and the serviced apartments near the core keeps the rental and hospitality traffic away from the private homes, which protects the calm of the twin houses while keeping the active amenities a short walk from every row. A single sea frontage of 370 metres also concentrates the waterline value rather than diluting it across several short faces, so the front rows carry a genuine scarcity that the rear rows trade against on price. For a buyer, reading where a chosen unit sits within these three bands matters as much as its floor area, because it sets both the view and the noise profile of the home.
Unit types and sizes in the village
The resort offers seven unit patterns that begin at 50 m² for the studio and reach 254 m² for the loft, alongside a four-bedroom twin house with a maid’s room. The spread from a compact rental asset to a full family home inside one village lets the buyer pick the unit by how they intend to use it, whether as a seasonal home or as a rental holding. The table below sets out each type with its starting area, bedroom count, and opening price.
| Unit type | Area starts from (m²) | Bedrooms | Price starts from (EGP) |
|---|---|---|---|
| Studio | 50 | Open-plan | 2,800,000 |
| Chalet | 83 | 1 bedroom | 3,900,000 |
| Junior chalet | 101 | 2 bedrooms | 4,850,000 |
| Chalet | 160 | 3 bedrooms | 7,200,000 |
| Duplex | 172 | Duplex layout | 9,500,000 |
| Loft | 254 | Loft layout | 14,000,000 |
| Twin house | 236 | 4 bedrooms + maid’s room | 17,000,000 |
The 50 m² studio targets the buyer after a small rental asset with a low cost of entry, the cheapest way into the resort and the easiest unit to let by the week in peak season. The 83 m² one-bedroom chalet and the 101 m² junior with two bedrooms suit small families and couples looking for an economical seasonal unit with a real bedroom count rather than an open plan. The 160 m² three-bedroom chalet and the 172 m² duplex move toward larger families that want a complete seasonal living space, with the duplex adding a second level for separation between living and sleeping areas.
At the top of the range, the 254 m² loft offers an open design with greater ceiling height for buyers who want a distinctive architectural character, and it reads as the choice for an owner who values the volume of the space over a high room count. The 236 m² twin house with four bedrooms and a maid’s room gives extended families the widest option, with the privacy and villa-style view that comes with a position deeper in the plan. This ladder from 50 m² to 254 m² inside one village is wider than most neighbouring launches present, and it is what lets the resort hold an investor’s studio and a family’s twin house under the same gate.
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Reading the entry price per metre across the lineup helps a buyer cut through the headline figures. The studio opens near EGP 56,000 per metre, the one-bedroom chalet near EGP 47,000, and the three-bedroom chalet near EGP 45,000, so the larger chalets carry a softer rate per metre than the smallest unit despite the higher ticket. The loft holds a rate close to the studio at roughly EGP 55,000 per metre, while the twin house sits highest at about EGP 72,000 because it trades on position and privacy rather than raw floor area. A buyer who measures the rate per metre, not just the total, can tell which type is priced for use and which is priced for scarcity, and can match that to whether the goal is rental yield or a family home.
Glee Village North Coast prices 2026 and payment plans
Prices at Glee Village North Coast start from EGP 2,800,000 for the studio and rise by unit type and size up to EGP 17,000,000 for the twin house, based on the announced figures updated for 2026. The one-bedroom chalet sits at EGP 3,900,000 and the two-bedroom junior at EGP 4,850,000, while the three-bedroom chalet opens from EGP 7,200,000, the duplex from EGP 9,500,000, and the loft from EGP 14,000,000. This wide price ladder lets the village speak to more than one budget tier within a single launch, which is a sharper spread than most neighbouring coastal projects present. The gap between the studio entry and the twin house ceiling, roughly six times the opening figure, is what makes the resort readable as both an entry-level rental play and a family villa purchase.
Tharaa Developments runs a flexible payment structure built on a low down payment and a long installment term, with discounts for larger up-front payments. The main reservation and installment terms announced for the resort are set out below.
- A reservation down payment starting from 10% of the unit value.
- The remaining balance installed over a period of up to 8 years.
- A serious-reservation deposit starting from EGP 50,000 for chalets and villas, paid in cash, by Visa, by bank transfer, or by cheque.
- Special discounts when the down payment exceeds 10%.
- Units handed over on a fully finished basis, with no extra fit-out cost on the buyer.
The quoted prices are current at the time of publication and may change as the sales phases progress, so confirming the present price for each unit type before booking is advisable. A fully finished handover means the price already covers the unit’s final fit-out, which is part of why the entry into use or rental is faster here than on a core-and-shell coastal unit. For an investor, that detail also removes the uncertainty of a finishing budget that can swing with material costs over a multi-year build, so the announced price is closer to the true all-in cost of ownership.
Finishing and delivery date
The resort’s units are handed over fully finished, ready to use without finishing work from the buyer, which suits fast seasonal use and direct rental. Planned delivery begins during 2028 according to the announcement, and the exact handover date varies by unit type and the phase in which it was reserved, so earlier phases generally hand over ahead of later ones. We recommend writing the delivery schedule and any delay clauses explicitly into the preliminary sales contract at the point of signing. With a developer this young, those contract terms carry more weight, since a clear delay penalty is the buyer’s main protection if a 2028 phase slips.
Amenities and services at the resort
The resort carries a tourism-grade service system that goes past the idea of a traditional summer compound, led by a 200-room luxury hotel that receives visitors and guests alongside owners. The resort also provides fully equipped hotel apartments that work for short and long stays, which opens the door to hotel-style management of the units and renting them to holidaymakers outside the owner’s own season. On the leisure and sports side, the project holds a full health club with a modern gym, an aqua park for water games, and a safe sandy lagoon for swimming and relaxing beside the beach.
The system rounds out with a clubhouse for social activity, wide green areas for walking, and a mixed set of restaurants and cafes inside the village, so a resident’s daily needs are met without leaving the resort. The presence of a 200-room hotel and serviced hotel apartments inside the village gives the project an operating dimension that pure residential villages lack, since it allows professional rental management on the owner’s behalf across the season. The sandy lagoon and the aqua park stretch the tourist use beyond the hours of swimming in the open sea, which supports occupancy rates for units set aside for short-term rental and extends the part of the year the resort can earn.
For an owner weighing the running side, the hotel layer matters as much as the leisure list. A village with an operating hotel and a rental desk can place a unit with guests through the same channel that fills the hotel, which is a different proposition from a residential compound where the owner arranges every let alone. The aqua park and the safe lagoon also widen the appeal to families with young children, the segment that drives the longest summer stays and the steadiest weekly bookings.
The serviced hotel apartments deserve a separate note, because they are the bridge between a holiday home and an income asset. An apartment delivered fully equipped and tied to the hotel’s housekeeping and reception can turn over guests without the owner present, so the unit earns through the season rather than sitting idle for the months the owner is away. That arrangement also keeps the unit maintained to a hotel standard between stays, which protects its condition and its resale appeal over the years before the wider resort fully matures.
Why is the resort an investment opportunity?
The investment case for Glee Village North Coast rests on its position inside the New Alamein zone, an area seeing fast urban and service expansion that supports the rising value of its coastal assets over the medium term. The project’s closeness to Borg El Arab Airport at 10 minutes and to New Alamein Airport, together with its 370-metre sea frontage, makes its units candidates for strong seasonal rental demand, helped by the on-site hotel and hotel apartments that ease rental management. From a budget angle, the studio and the small chalet fit the investor after a low entry point for short-term letting, while the duplex and twin house suit the family seasonal buyer who puts personal use first.
A 10% down payment with installments up to 8 years lowers the initial cash load, a factor that widens the pool of potential buyers at resale later. Set against neighbouring villages in the New Alamein belt such as Alma and Nord, the village stands out on an entry price from EGP 2,800,000 for the studio unit, a competitive level within the bracket of summer homes close to the city. The fully finished handover also distinguishes the launch, because it moves the buyer straight into use or rental without a waiting period or an added finishing cost. The core difference a buyer should measure between adjacent projects is the mix of beachfront length, the share of open space, and the real price per metre for each unit type.
The wider New Alamein market gives that comparison its backdrop. The city has shifted from a strip used a few weeks a year into a destination with universities, a downtown, and towers that draw year-round activity, and that change tends to lift the floor under nearby coastal units rather than leave them tied to a single summer peak. An entry near EGP 2,800,000 places the studio at the lower end of that rising market, while the larger chalets and the twin house track the upper tiers that benefit most when an area matures. The resale story therefore depends less on the unit alone and more on whether the surrounding belt keeps drawing demand, which the airports and the New Alamein build-out both point toward over the coming years.
On a persona reading, the resort suits two clear buyers and is a weaker fit for a third. It fits the rental investor who wants a sub-EGP-3,000,000 entry, a managed hotel desk to fill the unit, and a 10% down payment that keeps capital free, and it fits the family that wants a fully finished seasonal home within 10 minutes of an international airport and a safe lagoon for children. It fits less well the buyer who needs to move in immediately, since the announced handover runs to 2028 and the unit is sold off-plan rather than ready. Naming that mismatch up front is more useful than a blanket claim that the project suits everyone.
Demand for coastal units near New Alamein ties to the extended summer season and the flow of visitors through Borg El Arab and New Alamein airports, which gives the resort’s rental units a clear seasonal occupancy window. Holding the unit until the project completes and the hotel and amenities run at full capacity may strengthen its market value, on the condition that the developer keeps to the announced 2028 delivery schedule. Against that, the relative youth of the developer is the main risk to weigh, which is why the licence, the contract, and the delivery clause deserve direct checking before signing. This analysis is for guidance only and is not an investment recommendation.
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Frequently asked questions about the resort
Where is the resort located exactly?
Glee Village North Coast sits at Kilo 58 on the Alexandria-Matrouh road within the New Alamein belt, 58 km from Alexandria. The resort is about 20 minutes from New Alamein, 10 minutes from Borg El Arab Airport, and 15 minutes from Marina, behind a 370-metre Mediterranean frontage.
How much is the down payment at the village?
Glee Village North Coast asks a down payment starting from 10% of the unit value, with the balance installed over up to 8 years. The serious-reservation deposit starts from EGP 50,000 for chalets and villas, paid in cash, by Visa, by transfer, or by cheque, with discounts for down payments above 10%.
When does the resort deliver?
Glee Village North Coast begins handover during 2028 according to the announcement, on a fully finished basis ready for use. Each unit’s delivery date varies by its type and reservation phase, and the buyer is advised to fix the delivery schedule inside the preliminary sales contract before signing.
Who is the developer of the resort?
Glee Village North Coast was developed by Tharaa Developments, which launched the resort with an issued capital of EGP 1 billion. The company was founded in 2019 and works in residential and tourism communities, with a board chaired by Islam Hashem alongside Dr. Sherif Badr and Mohamed El-Kashef.
What unit types are available in the village?
Glee Village North Coast offers seven unit types: a 50 m² studio, a one-bedroom chalet from 83 m², a two-bedroom junior chalet from 101 m², a three-bedroom chalet at 160 m², a 172 m² duplex, a 254 m² loft, and a 236 m² twin house with four bedrooms and a maid’s room.
Summary of the resort
Glee Village North Coast brings together a 370-metre sea frontage at Kilo 58, a unit mix opening from EGP 2,800,000 with a 10% down payment and installments up to 8 years, and a full set of hotel and leisure services across 50 acres beside New Alamein. That blend places the resort between a family summer home and a seasonal rental asset in a rising coastal area. To ask about updated prices or to book a viewing, reach out through the form on this page.