I must admit that I don’t hear to much about golf development in Egypt, unlike in Oman, Qatar, Morocco etc.
The R&A’s latest ‘Golf Around the World’ publication says Egypt (25 golf clubs) is not among the TOP5 golf countries in Africa in terms of
Today in Africa we can find approximately 885 golf facilities. Africa in these days, has 51 new projects underway, involving 19 different countries.
According to UNWTO analysts, Egypt had in the African region, the highest tourist growth index in 2017 with:
- 4.7 million foreign visitors (+ 54%),
- 52 million overnight stays (+ 171%),
- tourism revenues more than doubled to $7.6bn.
Madinaty Golf in the suburbs of Cairo, Egypt
I could share with you the news of the construction of the Thomson, Perrett and Lobb designed NEWGIZA signature golf course (200-acre, 18-hole designer golf course), but I prefer to talk about the Madanity Golf in the suburbs of Cairo, Egypt.
Madinaty Golf is aimed at becoming a complete city.
Here are the whys, hows and the most important facts and insights….
Madinaty Golf is part of a new development trend in the Middle East, which delivers luxury to communities out of main city centers.
Madinaty Golf facilitates to 600,000 people in its vast housing complex and provides them with world-class entertainment amenities, business centers
The master planning of Madinaty Golf was made by a group of consulting firms from the United States: Sasaki, SWA and HHCP and their Egyptian counterparts Cairo Group for planning and architecture.
- The total land size of Madinaty Golf is 33,600,000 m2.
- The size of the built-up area is cca. 20,856,908 m2.
- Madinaty Golf will have a business district, an international hospital, a university, 22 schools, and 3 shopping malls.
Madinaty Golf – the golf offer
Madinaty will not just focus on the accomplished golfer among its residents but looks to be a leading force in growing golf participation within Cairo and among its non-golfer inhabitants.
Madinaty’s 18-hole golf course was designed by Robert Trent Jones Jr. designed golf course, with two distinctly different layouts providing golfers
with an exciting variety, giving them the opportunity to play a different round of golf every time they embark upon the course.
Troon’s International Division will be working closely with Madinaty Golf on the overall operation.
Plus, they will help to attract international golf tourists to Madinaty. It will be interesting to see to what extent they will promote the new partner in the Troon Executive Card program.
A recurring question in case of a golf-related development project: who will buy here his/her new home?
27.8% of Egyptians are still living in poverty, with more than 25m citizens earning less than LE482 ($31.75) per month, according to the 2015 “Household Income, Expenditure, and Consumption Survey” of the Central Agency for Public Mobilization and Statistics, compared to the average annual family income stood at LE44,200 ($2910).
The data reported by propertyfinder regarding the most viewed property types on its portal in 2018 are apartments (62.87%) and villas (16.89%).
Reuters said it is the result of years of restrictions on sending cash abroad.
As a result, the Egyptians have been snapping up apartments and villas in new desert developments.
Colliers International says there is a great potential in the Egyptian second home market.
Egypt’s second home market is not dependent on international investors and appeals primarily to the Egyptians, as only 2% are foreign investors.