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First Residenc - Mangroovy El Gouna

Code MF01

Red Sea, El Gouna, Egypt

Developer price
20,500,000 EGP
Resale price
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Payment plans in Mangroovy El Gouna

  • Special offer Offer

    10% down payment

    8 years

Units

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Other phases

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Amenities

  • Walking or Jogging Tracks
  • Sports Court (Tennis, Basketball
  • Pet-Friendly Areas
  • Barbecue Area
  • Clubhouse
  • Balcony or Terrace
  • Landscaped Garden
  • Smart Home System
  • Wi-Fi Connectivity –
  • Playground for Children
  • 24/7 Security
  • Parking Spaces
  • Swimming Pool
  • Elevators

Nearby places

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About Mangroovy El Gouna

Mangroovy El Gouna offers a coastal residential experience developed by First Residence Development in collaboration with Orascom Development. Located directly on the beachfront in El Gouna, the project is designed to support both year-round living and seasonal use.

Its architecture draws inspiration from the mangrove tree through contemporary forms, Islamic-inspired details, and homes oriented toward the water. The 360-metre coastline strengthens the project’s direct connection with the Red Sea.

Where Exactly Is Mangroovy El Gouna Located?

Mangroovy Residence occupies a direct beachfront site on the Red Sea coast, north of Abu Tig Marina in El Gouna. The development remains away from the marina's busiest activity while staying within short driving distances of several commercial, educational, and medical destinations.

No main road is identified in the supplied information for Mangroovy El Gouna. For buyers assessing accessibility, the available distances to nearby destinations provide a more practical reference than relying on a general description of the project’s location.

Key Landmarks and Destinations Near Mangroovy Residence

Mangroovy Residence El Gouna enjoys a beachfront location with access to several key destinations across El Gouna. The following distances provide a clearer view of its everyday accessibility:

  • Abu Tig Marina: Around 800 metres away, with an estimated 3-minute drive.
  • El Gouna Library: Around 2.6 kilometres away, with an estimated 5-minute drive.
  • Downtown El Gouna: Around 3.2 kilometres away, with an estimated 8-minute drive.
  • El Gouna Hospital: Around 3.6 kilometres away, with an estimated 8-minute drive.
  • El Gouna International School: Around 3.6 kilometres away, with an estimated 8-minute drive.

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The Design of Mangroovy Residence El Gouna

Mangroovy El Gouna features a contemporary coastal design inspired by Islamic motifs, with a focus on privacy, practical layouts, and views of the sea and mountains. The available information does not identify the architect or consulting firm, while units are delivered with furniture, appliances, and air conditioning.

Village Mangroovy First Residence Development is planned around water views, swimming pools, and a 40,000-square-metre beachfront. The wider community covers 193,000 square metres, with buildings located around 120 metres from the shore. Specific façade materials and the landscaping percentage are not confirmed.

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The Area of Mangroovy El Gouna

Mangroovy El Gouna covers 193,000 square metres as a beachfront community on the Red Sea coast. The available project information does not divide this total into built-up areas and open-space percentages.

The more relevant point is the relationship between the overall site and its waterfront components. Buyers should therefore review the official site plan to understand how buildings, beaches, pools, and shared areas are distributed across the development.

Unit Types and Sizes Available at Village Mangroovy

Mangroovy offers four residential property types to suit different space and privacy preferences. Since specific unit sizes are not available, the comparison focuses on the property types and their shared furnished specifications.

  • Apartments: Mangroovy El Gouna offers furnished units delivered with appliances and air conditioning.
  • Chalets: Coastal units within a community designed for year-round use.
  • Townhouses: Multi-level homes within the beachfront community.
  • Standalone Villas: The most private option among the four property types.

The available options provide different residential formats, but confirmed unit sizes are still needed to compare layouts and price per square metre accurately.

Mangroovy El Gouna Prices in 2026 and Payment Plans

Mangroovy Village El Gouna has a confirmed starting price of 20,500,000 in 2026, although the available information does not identify the unit type associated with this entry price. A reliable comparison with other El Gouna properties requires current prices for comparable furnished beachfront units.

Buyers should also request a written cost sheet for Mangroovy El Gouna covering maintenance fees, furnishing specifications, registration or transfer expenses, and any applicable beach or clubhouse charges. The total acquisition cost should be assessed alongside the advertised starting price.

Payment and Installment Plans at Mangroovy Village

Mangroovy Village has no confirmed information on the down payment, installment period, or reservation procedure in the supplied data. Buyers should request the latest payment schedule in writing before reserving a unit.

The schedule should clarify the payment currency, transfer process, installment dates, maintenance fees, delivery obligations, and late-payment terms. These details are particularly important for buyers paying from Europe, North America, or the Gulf.

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Facilities and Services Available at Mangroovy El Gouna

Mangroovy El Gouna combines residential services with hospitality and leisure facilities, including a private beach, swimming pools, and a four-star DoubleTree by Hilton hotel. The project also offers wellness, dining, sports, and security services.

  • DoubleTree by Hilton: Includes a private beach, swimming pools, and all-day dining.
  • Clubhouse and Beach Facilities: Includes a premium clubhouse, beach club, and yacht club.
  • Spa and Wellness: Features a spa, wellness centre, gym, and sports facilities.
  • Community Centre: Includes an outdoor cinema and beach-events area.
  • Dining and Personal Care: Includes NOI restaurant, a beach bar, and beauty centre.
  • Outdoor Activities: Includes snorkelling, kitesurfing, cycling tracks, and night paddleboarding.
  • Security: 24-hour security supports controlled access and daily operations.

Buyers should verify which facilities are included for owners, any additional charges, and how the services are managed.

Investment Benefits of Mangroovy Residence

Mangroovy El Gouna’s investment case is based on furnished homes, direct beach access, and hospitality facilities rather than published rental-return data. Investors should review actual operating evidence before assessing income potential.

  • Furnished Delivery: Includes furniture, appliances, and air conditioning, subject to the confirmed unit inventory.
  • Remote Ownership: Security and maintenance may support overseas owners, while rental-management options and fees should be verified.
  • Hospitality Component: DoubleTree by Hilton adds hotel facilities but does not confirm residential rental performance.
  • Year-Round Use: Offers apartments, chalets, townhouses, and villas, with resale procedures and transfer fees to be verified.
  • Beachfront Setting: Direct Red Sea access supports its coastal positioning, while comparable beachfront properties should be reviewed before estimating returns.

The Developer of Mangroovy Residence El Gouna

First Residence Development developed Mangroovy El Gouna in collaboration with Orascom Development. The supplied information identifies Mangroovy as the developer's showpiece project but does not provide a founding year or named previous projects for First Residence Development.

The involvement of Orascom Development connects the project with the wider development of El Gouna as a Red Sea destination. However, the supplied information does not provide enough detail to independently assess First Residence Development's broader delivery record.

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Advantages of Mangroovy El Gouna

Mangroovy El Gouna’s main advantages include its direct beachfront location, furnished residential delivery, and hospitality infrastructure. The variety of property types also gives buyers different options for privacy and personal use.

  • Direct Beachfront Access: Direct access to the beach, with most homes described as offering unobstructed sea views.
  • Fully Furnished Delivery: Includes furniture, appliances, and air conditioning, reducing preparation needs.
  • Hospitality Component: DoubleTree by Hilton adds a recognised hotel presence to the development.
  • Private Beach and Pools: Support leisure and holiday use within the coastal setting.
  • Multiple Property Types: Apartments, chalets, townhouses, and villas offer different layouts and privacy levels.

Disadvantages of Mangroovy Residence El Gouna

Mangroovy El Gouna has a relatively high starting price, while several financial and property details remain unconfirmed. These gaps make it difficult to assess the total ownership cost without updated information.

  • High Entry Price: The 2026 starting price is EGP 20,500,000, requiring a higher initial budget than some coastal properties.
  • Unconfirmed Payment Terms: No confirmed down payment or installment period is available.
  • Undisclosed Unit Sizes: Areas for the four property types are not confirmed, limiting price-per-square-metre comparisons.
  • Rental Management: No confirmed residential rental-management programme or fees are available.
  • Operating Costs: Maintenance, transfer, registration, and other charges require confirmation before calculating total ownership costs.

Why Is Mangroovy El Gouna the Best Choice?

Mangroovy El Gouna may suit buyers who prioritise direct beach access and furnished ownership within an established Red Sea destination. Its beachfront position, four residential categories, and hospitality setting provide several factors for buyers to consider when comparing coastal properties.

The decision should be based on the selected unit and the buyer's intended use rather than the beachfront setting alone. Buyers should verify the unit inventory, ownership costs, payment schedule, maintenance obligations, and rental-management terms before committing to a purchase.

Mangroovy El Gouna is a coastal residential project by First Residence Development in El Gouna, offering studios, apartments, chalets, townhouses, and villas. 2026 prices start from EGP 20,500,000, while the down payment and installment period are not confirmed.

Mangroovy Residence El Gouna offers furnished units with beach views, making it suitable for buyers seeking ready-to-use coastal homes. However, buyers who need clear payment terms or prefer custom finishes should review these details before purchasing.

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FAQs — Mangroovy El Gouna

Who is the developer of Mangroovy?

Mangroovy El Gouna is developed by First Residence Development in collaboration with Orascom Development.

What is the total area of Mangroovy Residence?

Mangroovy Village El Gouna covers 193,000 square metres as a beachfront community on the Red Sea coast.

What are the unit prices at Village Mangroovy?

Prices at Mangroovy start from 20,500,000 in 2026, based on the supplied project information.

What unit types are available at Mangroovy El Gouna?

The project offers apartments, chalets, townhouses, and standalone villas, with no confirmed unit sizes in the supplied information.

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