Nawy Breaking Records With a $3 Million Sale!

In October, Nawy reported a new record-breaking transaction! Through a collaboration with Jossour Real Estate, Nawy managed to sell the largest penthouse suite in El Gouna valued at 3 million USD!

As one of the top coastal destinations in the county, El Gouna is home to many high-end properties and specifically luxurious penthouses. The astonishing destination is well-known for its pristine blue waters, white sandy beaches, and unique nightlife. Needless to say, El Gouna is also home to one of the best film festivals (GFF) across the region.

Gouna Penthouse

Breaking records and setting industry benchmarks is just a Tuesday for Nawy. Recently, the company announced that after one year of negotiations, it managed to complete the sale of a Gouna penthouse suite for 3,000,000 USD. This sale was a joint effort between Nawy and Jossour Real Estate. The Gouna penthouse suite that was sold features:

• A built-up area of 752 square meters
• A rooftop with a built-up area of 295 square meters
• Private swimming pool

This sale has been gaining momentum, not only for the amount of the transaction and the size of the penthouse but also for the timing. These days the prices are surging and the global economic crisis is affecting all industries including the real estate sector. Despite, all that Nawy successfully sold the largest penthouse in the area and was responsible for what might be the biggest resale in El Gouna’s history!

About Nawy

Nawy is a prop-tech startup, established back in 2016 to revolutionize the real estate industry in Egypt and the region. The company offers innovative solutions for all the pain points in the sector. On top of that list, there is a financing service “Move now, pay later“. This allows individuals to purchase one of the properties in our inventory, move in immediately and pay up to 10 years!

On a mission to eliminate all the stress and long procedures of purchasing or investing in real estate, Nawy already helped over 100,000 families find properties to turn into a loving home. Capitalizing on its success and reputation, Nawy has been introducing cutting-edge technology solutions to the industry with each passing day.

It is also worth noting that Nawy currently operates all over Egypt. In simpler terms, the company is working with real estate developers and individuals all over the country. So people can find the property of their dreams in anywhere including but not limited to; Cairo, the North Coast, Alamein, Alexandria, Ain Sokhna, the Red Sea, and the New Administrative Capital. In a nutshell, Nawy helps you find a place worthy of calling home!