Explore Mangroovy Projects, Properties & Prices in Egypt

First Residence Development is a leading real estate developer in Egypt. It has proudly partnered with Orascom Development, a renowned name in integrated destinations, to bring a shared vision to life, one that redefines luxury through simplicity, elegance, and harmony with nature.

This strategic collaboration gave rise to a unique value proposition: a luxurious resort experience that blends refined minimalism with the untouched beauty of the Red Sea. The result is more than just a development; it’s a destination that embodies peace, sophistication, and timeless design.

Facts About First Residence Development

Driven by a commitment to excellence and innovation, First Residence Development (FRD) entered into a strategic partnership with Orascom Development to bring a new vision of luxury living to life.

Both entities shared a common philosophy: that true elegance lies in simplicity, and that luxury should seamlessly integrate with its natural surroundings. This vision laid the foundation for Mangroovy Residence, a pioneering resort located in El Gouna, one of the Red Sea’s most prestigious destinations.

The partnership with Orascom empowered First Residence Development to push creative boundaries, offering a resort that prioritizes space, serenity, and understated luxury. It’s a testament to how collaboration between visionary developers can redefine real estate standards and set new benchmarks for integrated living on Egypt’s Red Sea coast.

First Residence Development Top Projects

First Residence Development has a wide array of luxurious real estate projects that include, but are not limited to:

• Mangroovy Gouna

Unlike conventional developments, Mangroovy was conceived as a holistic lifestyle destination, not just a place to live but a place to experience. The project reflects a harmonious balance between modern architecture and the raw beauty of El Gouna’s coastline. 

With its thoughtfully designed beachfront homes, tranquil lagoon views, and carefully curated amenities, Mangroovy delivers an upscale coastal lifestyle while respecting the natural ecosystem.

Mangroovy is just 800 m (3 minutes) away from the Marina, 2.6 km (5 minutes) away from Gouna Library, 3.2 km (8 minutes) away from the Downtown, 3.6 km (8 minutes) away from the hospital, and 3.6 km (8 minutes) from Gouna International School.

Why Choose First Residence Development with Forsa Property?

• Trusted Developer in Egypt 

• Expert Guidance from Forsa Property 

• Simple Process