When looking for a place to invest or enjoy a seaside retreat, The Waterway North Coast Village stands out as a prime option. Developed by The Waterway Real Estate Development Company, this stunning project offers a combination of tranquility, nature, and modern luxury. The Waterway promises an unmatched lifestyle, with beautiful chalets, spacious villas, and exceptional facilities. In this article, we will explore what makes this village a top choice for both investors and residents.
Where Is The Waterway North Coast Located?
The location of any real estate project plays a crucial role in its appeal. The Waterway North Coast is strategically situated at kilometer 173 on the North Coast Road, close to the Sidi Abdel Rahman area. Its prime location ensures easy access to major cities and attractions:
- The new Alamein City is only a 20-minute drive away.
- The Waterway is a short distance from the Dabaa Road, making it easy to reach.
- The village is also close to the Alexandria-Marsa Matrouh Road, making travel convenient.
- It's located near the Alexandria Borg El Arab airport, only 60 minutes away.
This central location makes it perfect for residents who want to enjoy a peaceful environment but still remain connected to urban centers and key locations along the North Coast.
What Makes The Design of The Waterway North Coast Unique?
The Waterway North Coast Village is not just about location; it also offers a design that meets high aesthetic standards. The project has been crafted with care, incorporating modern European architectural styles to appeal to those with refined tastes. The design of the village is as follows:
- Total Area: 124 acres, with ample green spaces and artificial lakes.
- Beach Length: The village boasts a 700-meter beach that offers stunning views and easy access to the sea.
- Construction: The residential units are strategically placed, ensuring that every villa and chalet has an unobstructed view of the surroundings.
The emphasis on open spaces and water features enhances the serenity of the area, ensuring that residents can enjoy a true coastal experience.
What Types of Units Are Available in The Waterway North Coast?
The Waterway North Coast offers a variety of units, catering to different preferences and needs. Whether you’re looking for a cozy chalet or a spacious villa, there’s something for everyone. Here’s an overview of the types of units available:
- Townhouse Villas: These villas start at 275 square meters, offering ample space for families.
- Twin House Villas: Slightly larger, these units start at 320 square meters, perfect for those seeking a bit more luxury and space.
- Chalets: Ranging between 118 and 179 square meters, these units are perfect for those looking for a more compact, yet luxurious getaway.
These varied unit sizes ensure that residents can choose a home that best fits their lifestyle, whether they’re looking for a holiday home or a permanent residence.
What Are the Payment Options for The Waterway North Coast Units?
One of the standout features of The Waterway North Coast is the flexible payment options available to buyers. The developer, The Waterway Real Estate Company, understands the importance of providing convenient and accessible payment plans. Here’s what you can expect:
- Initial Payment: You can secure your unit with a down payment as low as 5%.
- Payment Plans: The remaining amount can be paid over a period of up to 7 years, making it easier for buyers to manage their finances.
- Alternative Plans: There’s also an option to make a 10% down payment with the balance paid over 6 years.
- Delivery Time: The units will be delivered within 4 years of purchase, allowing buyers to plan accordingly.
These flexible payment terms make The Waterway North Coast an attractive option for those looking to invest in real estate without immediate financial strain.
What Amenities Does The Waterway North Coast Offer?
The amenities at The Waterway North Coast Village are designed to ensure residents experience both relaxation and enjoyment. The development includes a wide range of facilities, making it more than just a place to live—it’s a lifestyle. Here are some of the standout amenities:
- Swimming Pools: Multiple swimming pools are scattered throughout the village, offering relaxation and leisure for residents.
- Green Spaces & Artificial Lakes: The vast green landscapes and tranquil artificial lakes provide stunning views and a serene environment.
- Entertainment Areas: Dedicated areas for BBQs, parties, and recreational activities make it an ideal destination for social gatherings.
- Commercial Areas: A shopping district within the village ensures that residents have easy access to retail outlets, restaurants, and cafes.
- Gym & Sports Facilities: For fitness enthusiasts, the village features a gym, sports fields, and cycling tracks to maintain an active lifestyle.
With these abundant amenities, residents can enjoy a luxurious and comfortable lifestyle.
What Are the Advantages of Investing in The Waterway North Coast?
Investing in real estate on the North Coast has always been attractive due to its growing popularity and high demand for luxury properties. The Waterway North Coast offers several key advantages for investors:
- Strategic Location: The village’s prime location near important landmarks and roads ensures easy access to other parts of the country and makes it a desirable place for tourists and locals alike.
- High-Quality Design: The European-style architecture and top-notch construction quality add value to the property and make it appealing to high-end buyers.
- Increasing Demand: The ongoing development of surrounding areas, such as the New Alamein City, is expected to increase property values in the future, making it a great investment opportunity.
- Flexible Payment Plans: The accessible payment options reduce the initial financial burden, making it easier for investors to enter the market.
With all these factors combined, The Waterway North Coast promises both a great lifestyle and a strong return on investment.
How Will The Waterway North Coast Contribute to the Local Economy?
The Waterway North Coast is expected to contribute significantly to the local economy in several ways. Here’s how:
- Job Creation: The construction and ongoing development of the village will generate employment opportunities for local workers in various sectors, from construction to hospitality and retail.
- Tourism Growth: The village’s luxury amenities and stunning coastal location will attract both local and international tourists, contributing to the growth of the tourism sector.
- Boosting Local Businesses: With commercial spaces available for retail, restaurants, and entertainment, local businesses will benefit from the increased foot traffic and demand for goods and services.
- Real Estate Market Growth: The development of high-end properties in the area is expected to raise the value of surrounding real estate, benefiting existing property owners.
By driving economic growth in these sectors, The Waterway North Coast will play a vital role in the region’s overall development.
What Are the Future Plans for The Waterway North Coast?
The Waterway North Coast is not just about the current offerings; the developers have exciting plans for its future as well. Here’s what to expect:
- Expansion of Amenities: More recreational, commercial, and social facilities will be added, including new restaurants, leisure areas, and wellness centers.
- Sustainability Initiatives: Plans to implement more eco-friendly features, such as solar energy and waste management systems, to ensure the village remains environmentally conscious.
- Growth in Residential Units: The village is set to expand with more high-quality units to meet growing demand from buyers and renters alike.
- Increased Connectivity: Enhanced road networks and infrastructure will further improve accessibility to the village, making it even more attractive for residents and investors.
These future developments ensure that The Waterway North Coast remains a top destination for years to come.
Frequently Asked Questions (FAQs)
- What is the location of The Waterway North Coast?
- The Waterway North Coast is located at Kilometer 173 on the North Coast, close to popular destinations such as the New Alamein City and the Sidi Abdel Rahman area.
- What types of units are available at The Waterway North Coast?
- The development offers a variety of units, including townhouses, twin houses, and chalets, with sizes ranging from 118 to 320 square meters.
- What amenities are provided in The Waterway North Coast village?
- The village offers several amenities such as multiple swimming pools, green spaces, artificial lakes, a commercial area, sports facilities, and a gym to ensure a luxurious lifestyle.
- What are the payment plans for buying a unit at The Waterway North Coast?
- The Waterway North Coast offers flexible payment plans, including a down payment starting from 5% and the remaining balance payable over a period of up to 7 years.
- When will units be delivered in The Waterway North Coast?
- Units in The Waterway North Coast are expected to be delivered within 4 years from the start of the project.
