K Developments has sold around 90% of the first phase of its PAUSE North Coast project, which is being developed with investments of up to EGP 20 billion in the North Coast.
The company is developing the project with investments of up to EGP 20 billion in the North Coast.
According to the company, the project’s planning and design supported its strong sales performance. In addition, competitive pricing and flexible payment plans helped drive customer demand.
An Integrated Coastal Lifestyle
Ahmed El-Fayoumy, CEO of K Developments, said the company launched the first phase based on an integrated master plan and a distinctive concept.
The concept aims to offer a coastal experience that goes beyond holiday-home ownership. Instead, it seeks to provide residents with a comprehensive lifestyle.
Furthermore, El-Fayoumy explained that PAUSE North Coast combines the tranquility of the traditional North Coast with the vibrancy of modern coastal destinations.
At the same time, competitive prices and flexible payment plans supported customers’ purchasing decisions. As a result, these factors contributed to the project’s current sales performance.
Upcoming Strategic Partnerships
Looking ahead, K Developments plans to announce several major contracts and strategic partnerships related to PAUSE North Coast.
These partnerships will support the company’s plans to provide integrated services and experiences within the project.
Moreover, El-Fayoumy noted that the company is targeting partnerships with a range of service providers next year.
Through these partnerships, K Developments aims to enhance the project’s value proposition. It also seeks to reinforce PAUSE North Coast’s positioning as an integrated destination on the North Coast.
Strategic Location in the North Coast
PAUSE North Coast spans a total area of 250 feddans.
The project occupies a strategic location between kilometers 86 and 88 of the Alexandria–Marsa Matrouh Desert Road.
In addition, it stands approximately five minutes from Zahran, eight minutes from the new yacht marina, and 10 minutes from New Alamein City.
The project also benefits from easy access through the new Fouka Road, Wadi El Natrun Road, and Alamein International Airport.
“Between Nostalgia & Noise”
The concept behind PAUSE North Coast centers on the philosophy of “Between Nostalgia & Noise.”
This philosophy reflects K Developments’ approach to creating a distinctive coastal experience.
On one hand, the project captures the quiet and authentic character of the North Coast. On the other hand, it introduces modern activities and experiences that have become part of contemporary coastal lifestyles.
As a result, customers can enjoy greater flexibility when choosing the type of experience that best suits their preferences within the project.
Low-Density Development
K Developments follows a low-density development approach at PAUSE North Coast.
The company limits the project’s built-up area to no more than 9.5% of the total land area.
Meanwhile, more than 90% of the project is dedicated to lagoons, water features, landscaping, amenities, and services.
This approach follows the project’s master plan. More importantly, it aims to maximize open spaces for residents and visitors.
Preparing for the Second Phase
Finally, El-Fayoumy said K Developments is preparing to announce new partnerships in the coming period.
The company plans to make these announcements ahead of the launch of the project’s second phase.
Through this next stage, K Developments aims to expand the range of offerings and services available at PAUSE North Coast.
Overall, the company continues to develop the project as an integrated coastal destination while expanding its services and strategic partnerships.