LaVita Development announced starting delivery of LaVita 2 units in the North Coast, as part of its plan to fulfill its contractual obligations to clients and enhance its track record of executing and delivering projects according to schedule, while simultaneously continuing its expansion and launching new projects in the district.
Amr Abdel Aziz, Chairman of LaVita Development, said that Lavita 2 project comprises approximately 160 units with areas ranging from 50 to 90 square meters, noting that the unit designs prioritize optimal area utilization, providing a suitable living environment and allowing residents to enjoy various comforts and amenities.
He added that the company keens to provide units with a superior level of finishing, as units in the project are delivered fully finished, and furniture and air conditioning are provided as gifts to clients, as this approach aims to offer a comprehensive real estate product, particularly in North Coast projects, and to reduce the burdens associated with finishing and furnishing work after delivery.
He pointed that the company’s strategy doesn’t stop at unit delivery, but extends to monitoring the quality of finishing and the level of execution both before and after project operation, emphasizing that their goal is to provide real value to the client, whether they intend to use the unit for personal residence and enjoyment or to use it as an investment asset that generates long-term returns.
He clarified that LaVita Development has a progressive track record of projects in the North Coast, as the company completed delivery of “LaVita 1” project approximately four years ago and has currently begun delivering “LaVita 2” project, simultaneously, “LaVita 3” project has been launched in the North Coast, while work continues in “LaVita 4” in preparation for the delivery of its first phase.
He revealed new details concerning the company’s announcement for launching of “LaVita 3” project in the Kilometer 66 area of the North Coast, covering a total area of approximately 12,000 square meters, as the company aims to complete and deliver the project within two years, reflecting its continued expansion plan and presence in prime locations in the North Coast.
Regarding the implementation rates at “Laavita 4” project, the company announced that it has completed approximately 85% of the construction workd and has already begun interior finishing, preparing for the delivery of the first phase in summer of 2027, and the second phase is nearing completion.
He added that “LaVita 4” project spans six acres and includes a diverse range of services and amenities designed to provide a comprehensive living experience, which include seven swimming pools, children’s play areas, gym, a mosque, an aqua park, artificial waterfalls, green areas, shopping mall, dedicated hotel management units, and elevators, further enhancing the variety of services offered within the project.
For his part, Ramy Abdel Aziz, Vice Chairman of LaVita Development, said that the company is operating according to a vision aimed at enhancing its business volume and diversifying its project portfolio in the coming period, noting that the company is currently exploring investment opportunities to acquire larger plots of land, enabling the launch of new projects that align with its expansion plans.
He emphasized that the company’s projects are based on a vision that combines high-quality execution and finishing, competitive pricing, and flexible payment plans, as these factors are among the most prominent in attracting diverse client segments and giving its projects a competitive edge within the North Coast real estate market.
He pointed that the company’s future plans are not limited to the North Coast region, but it is also considering entering the residential market in new cities in East and West Cairo, as part of a strategy to diversify its activities and geographical locations and capitalize the available investment opportunities in the Egyptian real estate sector.
He noted that the company aims to continue developing real estate products that meet clients needs while maintaining quality standards and adhering to execution and delivery schedules, as these two pillars are essential for building trust and strengthening the company’s competitive position in the market.
