Most North Coast projects are built around the beach. Marsa North Coast, also known as Marsa Marina 5, is built around the marina instead, and that shift in focus is the whole point of the project. Developed by Mercon Development Company in Geziret El Wozara, it is aimed squarely at yacht owners and water sports enthusiasts rather than the general summer crowd, which gives it a noticeably different feel from the compounds sitting along the same stretch of coast.
Overview of Marsa North Coast
The project brings together roughly 400 residential and summer units, split between studios and chalets, alongside a boutique hotel and a dedicated marina built to accommodate yachts. Mercon worked with specialized engineering partners on the execution, aiming for a standard that matches the clientele the project is built for: buyers looking for a marine lifestyle rather than a standard beach holiday.
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Location of Marsa North Coast
Marsa North Coast sits at kilometer 95 of the International Coastal Road, in the Geziret El Wozara area. Mercon picked a stretch of coastline that is close enough to Cairo to be practical for weekend trips, while still offering the privacy and relative quiet that this part of the North Coast is known for. The location also puts most of the project’s units within reach of a direct sea view, which is part of what the marina concept depends on.
Nearby Landmarks to Marsa North Coast
Being at kilometer 95 puts Marsa North Coast close to several of the North Coast’s key destinations and access roads. From the project, residents and guests can reach:
- New Alamein City: about 9 minutes by car
- Al Fouka Road: a few minutes away
- The International Coastal Road: around 10 minutes from the project
- Rixos Hotel: located nearby, within the same upscale tourist stretch
- Alexandria: approximately 45 minutes by car
- New Cairo: about 3 hours away
- Borg El Arab International Airport: under an hour by car
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Design of Marsa North Coast
The master plan behind Marsa North Coast was shaped around one goal: giving as many units as possible a direct sea view, with the marina, tourist promenade, and green spaces built around that layout rather than squeezed in afterward. A large part of the master plan is dedicated to the marina itself, engineered to accommodate yachts to international standards, alongside a boutique hotel overlooking the sea that will be managed by an established international hospitality brand.
Mercon brought in a leading Egyptian engineering and architectural consultancy, with a long track record on residential and commercial projects, to handle the design work. The goal was a balance between visual luxury and practical, livable planning, since much of the project’s long-term investment value depends on how well the marina and residential zones work together once the project is operating.
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Area and Space of Marsa North Coast
Units at Marsa North Coast are distributed across a carefully selected stretch of the Geziret El Wozara area, with the majority positioned to face the sea directly. A significant share of the project’s total footprint is set aside for the yacht marina, the tourist promenade, and the recreational facilities that surround them, which gives Marsa Marina 5 more of an integrated resort character than a typical residential compound built along the coast.
Spaces at Marsa North Coast
Marsa Marina 5 includes around 400 residential and summer units across two main formats: studios and chalets, ranging from one-bedroom layouts up to three-bedroom units. That range is meant to cover everyone from an individual buyer looking for a compact investment unit to a larger family wanting more space for a full summer season.
The spread of layouts is broad enough that the project works for different buying goals side by side, whether that means a smaller studio held purely as a rental investment or a three-bedroom chalet intended for regular family use.
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Facilities of Marsa North Coast
Since Marsa North Coast is built around a yacht-owning, luxury-focused clientele, its service list is closer to what a five-star resort would offer than a standard coastal compound. Residents and guests have access to:
- A specialized security team using the latest monitoring standards
- Modern surveillance cameras covering all areas of the project
- Smart electronic gates for smooth entry and exit
- Wide garages set away from the tourist promenade
- World-class restaurants and cafés
- A dedicated, safely equipped children’s play area
- Multi-purpose sports courts
- Independent walking, jogging, and cycling paths
- Multiple swimming pools suited to all ages
- A spa and jacuzzi center
- An integrated commercial mall carrying global retail brands
Units are handed over fully finished, including furnishings, air conditioning, and fully equipped kitchens, so owners can move in or start renting the unit out as a hotel-style investment without spending on additional fit-out after delivery.
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Prices of Marsa North Coast
Mercon has positioned Marsa North Coast’s pricing to stay accessible relative to the level of finishing and location on offer, rather than pricing it strictly for high-budget buyers. Current price ranges by unit type are as follows:
This pricing structure gives buyers room to enter at the studio level or move up to a larger three-bedroom unit within the same project, without a steep jump in cost between categories.
Payment Plan of Marsa North Coast
Reservation at Marsa North Coast is built around a manageable down payment rather than a large upfront commitment, with the balance spread over several years. Buyers can choose between:
- Cash payment, with an instant discount of up to 35% off the unit value
- A main installment plan: 25% down payment, with the remaining balance paid over 5 years
- An alternative plan: 20% down payment, an additional 5% due on delivery, with the rest paid over 5 years
The cash option is aimed at buyers who want to lock in the lowest possible price, while the two installment plans give buyers more flexibility in how the down payment and delivery-linked payment are structured.
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Investment Opportunity at Marsa North Coast
Marsa North Coast’s investment case rests on a concept that most nearby projects don’t offer: a dedicated yacht marina paired with residential and hotel units in the same masterplan. That combination opens up rental demand from a different segment of the market, water sports and yacht tourism, rather than competing purely on beach access with the dozen or so other developments along the same stretch of coast, including neighboring names like Sadaf, Horya, Blue Stays Marina, Sandy Coast, Al Maseef, and Youd North Coast.
The project’s location at kilometer 95, close to New Alamein and within reach of both Alexandria and Cairo, adds a practical layer to that case. It’s also worth noting that Marsa North Coast does not currently include standalone villas, the unit range is built around studios and chalets, so buyers specifically looking for a villa should factor that in, even though the larger three-bedroom chalets are sized to comfortably accommodate bigger families.
About Mercon Development Company
Mercon Development Company was founded in 2019 by Engineer Ahmed Al-Embaby and Engineer Samer Al-Baik, who together bring more than 15 years of combined real estate experience to the company. Despite being a relatively young developer, Mercon has moved quickly, delivering more than 70 real estate projects totaling around 840 units in under a decade, which has helped it build a name in the Egyptian market faster than most developers of a similar age.
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Previous Projects by Mercon Development Company
Marsa North Coast is part of a broader portfolio that spans both coastal and Cairo-based developments. Mercon’s previous and ongoing projects include:
- Days North Coast
- Al Mamsha Mall, New Cairo
- VX Golden Square Mall, New Cairo
- Dayz Resort, North Coast
- Riverton Compound, New Cairo
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