Duplexes 2 Bedrooms for Sale in Cali Coast - North Coast By MAVEN Developments - Delivery Year 2026

As an accountant, I am not an expert in tourism, but I will do my best to provide an overview of the compound Cali Coast North Coast Egypt and its potential impact on the local economy.

Cali Coast is a luxury residential compound located on the North Coast of Egypt. It is situated in Sidi Abdel Rahman, which is known for its picturesque beaches and crystal-clear waters. The compound is designed to provide its residents with world-class amenities, including a private beach, swimming pools, a cinema, a gym, and a variety of restaurants and cafes.

The project is being developed by Hassan Allam Properties, one of Egypt's leading real estate developers. With a total area of 260,000 square meters and over 2,000 residential units, Cali Coast North Coast Egypt is set to be one of the largest and most prestigious residential compounds in Egypt.

The development is expected to have a significant impact on the local economy. It is estimated that the project will create over 2,000 jobs during the construction phase, providing a much-needed boost to the local employment market. And once the compound is completed, it will attract wealthy and affluent buyers, providing a significant injection of investment into the local real estate market.

Moreover, the compound is expected to generate substantial revenue from tourism, as visitors from around the world flock to the North Coast to enjoy its beautiful beaches and luxurious resorts. This, in turn, will create more jobs and opportunities for local businesses, from restaurants to retail shops.

However, the development has also faced criticism for its environmental impact. The North Coast is a fragile ecosystem, and there are concerns that the construction of Cali Coast and other developments like it could damage local ecosystems and habitats. Developers have pledged to take steps to minimize their impact on the environment, but it remains to be seen how effective these measures will be.

In conclusion, Cali Coast North Coast Egypt is a large and ambitious residential project that has the potential to have significant economic benefits for the local area. However, it is essential that developers and policymakers take steps to ensure that the development is sustainable and environmentally responsible. Only then can Cali Coast be a model for future development in Egypt and beyond.

https://www.northcoastresorts.com/NS28468

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