Maxim Developments and The MarQ for Communities have partnered to bring this dream to life. Their shared ambition has brought them together, and they’re gearing up to deliver the first phase of units in 2024. With a total investment of 3 billion Egyptian pounds, they’re committed to timely delivery of all units within 36 months. Maxim Developments owns the land at 100% stake. It’s a testament to their dedication and passion for bringing this grand project to life.
Breaking down every obstacle that came its way, Maxim Developments has finally signed the strategic partnership agreement with The MarQ Communities to take the project forward. The path to this agreement was a challenging one, as the jurisdiction of the project had to be transferred from the Governorate of Marsa Matrouh to the New Urban Communities Authority.
However, Maxim Developments kept fighting and started construction in October this year. Under this agreement, the company will take care of every aspect of the project, right from its development and construction to its full-scale marketing. Get ready to witness a new level of excellence in real estate.
Maxim Developments Chairman of the Board, Dr. Mohamed Karar, is on a mission to breathe life into real estate. His latest undertaking is collaborating with The MarQ Communities to achieve the company’s investment objectives. The idea is to construct and develop diverse, sustainable projects that contribute to economic growth through strategic investments in the hospitality, real estate, commerce, and business solutions sectors. This partnership is a testament to Maxim Developmet’s commitment to building a better future through innovation and collaboration.
Mohamed Sameer, the CEO of Maxim Developments, believes that partnerships with leading organizations are crucial to the company’s growth and development in Egypt and beyond. The newly formed partnership is a testament to their vision of providing a distinctive investment experience for their Northern Coast project. To expedite and enhance the construction process, this partnership is set to change the game for investors and stakeholders alike.
The Maxim Developments Coastal project is an absolute gem, spanning 900 acres of land. It’s not just a place to live – it’s a lifestyle! And with two incredible phases already launched (Bo Island and Bo Sands), this project is on a roll.
Moreover, it boasts a natural bay with sandy beaches stretching over 1000 meters – perfect for those lazy summer afternoons. And the best part? You can choose from various unit types, including chalets, townhouses, and villas – all with views of stunning water bodies and lagoons.
