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Travco introduces a new property development company
- Egypt: Wednesday, November 29 - 2006 at 14:24
- PRESS RELEASE
The leading leisure provider in the Middle East, Travco International Holding, announces the inauguration of its latest subsidiary company, Travco Properties, Travco's first real-estate company in the region.
Travco invested its 27 years of experience in the tourism and hospitality industry in developing the new properties in Egypt's prime destinations to provide its guests with the utmost in leisure, recreation, entertainment and sports-facilities in addition to the variety of real-estate options all assuring the utmost in standards and the best views of the bay, sea, golf, marina, lagoons and outstanding landscapes both in Almaza Bay Resort for its spectacular location on the Mediterranean's most picturesque sea front and its long stretched beaches; or at Madinat Makadi for its beautiful long beach with a spectacular house reef.
Madinat Makadi offers tasteful opulence and styled elegance, providing the ideal setting for pure relaxation, yet it also caters active travelers, offering superb, dining, diving, sport and leisure activities. Moreover, Souk Makadi (Makadi Center), at a walking distance from all hotels, offers a variety of additional restaurants, cafes, and a multitude of shops.
Almaza Bay Resort is the company's disembarking development project on the North Coast. With the completion of the six planned hotels and resorts of the massive three million mē Almaza Bay Resort, the total capacity of the bay will reach 2,300 guestrooms and 2,500 residential units of different designs and sizes, overlooking the sea, lagoons, the bays, or the golf course. All units are designed by the international acclaimed, Tom Krause, architect and managing director of a leading German architecture firm.
Almaza Bay Resort promises to provide its guests with endless recreational options with a vast Marina, Aqua Park, a tennis academy, a shopping mall, a world-class Spa and a wellness center, horse back-riding tracks, the movie theater and a conference center for business travelers. Planned ahead also is Almaza's 18-hole-championship golf course with a 9-hole standard course and 6-hole short golf course for exercise, a golf academy, and a pitch and putt.
The East Bay, Almaza Bay Resort's first phase, featuring luxurious residential units and overlooking the eastern bay of the resort, will be handed over starting December 2007.
The second project underway, covers a two and a half million square meters at Madinat Makadi Village, which is a fully developed tourist village featuring 8 hotels in the four- and five-star categories; in addition to, its luxurious residential area spread over 700 thousand mē. Madinat Makadi, 30 km south Hurghada on the shores of the Red Sea, will feature 2000 residential units be handed over starting March 2007.
Building on the Travco tradition of providing complete service, Madinat Makadi has been furnished with all leisure, recreation, entertainment and sports amenities, which are fully operational today, to guarantee a soothing prolonged stay. Madinat Makadi also includes eight hotels, a full range of sporting facilities and beautifully designed "souk" (village down town), featuring over 145 outlets to meet all daily shopping requirements; in addition to a wide variety of restaurants, beauty parlor, a pharmacy, Travel Agency and a bank not to mention the world class Spa available at the Five- star Jaz Makadi Star Resort.
The company plans to offer five different exterior and interior styles of villas and apartments. Moreover, Travco Properties is constructing the Makadi Golf Course; the picturesque 18-hole designed Makadi Golf Course designed by Sanford Golf Design (SGD). The plan includes a comprehensive golf academy featuring 20-acre practice range, nine-hole pitch-and-putt, and a three practice holes.
Travco continues to widen its guest portfolio giving them an opportunity to explore exotic locations, while staying in luxurious comfort with its latest addition of the state-of-art residential villas and units in Egypt's prime leisure destination.
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Posted by Janeta Novakovic, Assistant News Editor
