Hacienda Ras El Hekma North Coast-Sahel

Hacienda Ras El Hekma North Coast-Sahel: the bigger the apartment, the cheaper the metre

Hacienda Ras El Hekma North Coast-Sahel is a coastal village by Palm Hills Developments in Ras El Hekma, on 1,400 feddans. The cheapest unit is a 65 m² one-bedroom apartment at EGP 12,032,000, and the range runs through apartments, penthouses, chalets and twin houses to villas of up to 519 m², all with 5% down, 10 years of instalments and handover in December 2030.

The most useful thing in the figures is how fast the price per metre falls as units get larger: about 185,000 for the one-bedroom, about 127,000 for the three-bedroom. So the smallest unit is not the best value. This page shows how to choose for your budget.

Who is Hacienda Ras El Hekma for?

Someone who wants the North Coast with a small deposit

The one-bedroom needs about 600,000 down, with the rest over 10 years, so you book in a Palm Hills village in Ras El Hekma without tying up much cash.

A family that wants space at a reasonable price

The three-bedroom apartment and the five-bedroom penthouse have the cheapest metres in the village, giving a large family room without a villa's price.

Someone who wants a house by the sea

The twin house and villas of up to 519 m², for a family that wants privacy and a garden.

An investor who can wait

Handover is about four years away, so the cost is spread over years before the unit starts earning rent.

Which apartment? The sums per metre

• One bedroom, 65 m²: 12,032,000, about 185,100 per m².
• Two bedrooms, 105 to 107 m²: 15,278,000, about 145,500 per m².
• Three bedrooms, 143 m²: 18,131,000, about 126,800 per m².

The three-bedroom costs only about 6.1 million more than the one-bedroom, for 78 m² and two rooms more. That is about 78,000 per extra metre, less than half the one-bedroom's metre. If your budget can stretch, the three-bedroom is the best value among the apartments. The one-bedroom suits someone who wants the least cash out, or an investor letting to couples.

A chalet or an apartment of the same size?

The three-bedroom chalet starts at 141 m² for 26,143,000; the three-bedroom apartment of 143 m² costs 18,131,000. So the chalet costs about 8 million more for almost the same area, about 185,000 a metre against 127,000. That gap usually pays for a ground floor with a garden, or a position closer to the sea. Ask exactly what the chalet overlooks and whether that garden is worth 8 million to you. If you will spend your days on the beach or by the pool anyway, the apartment may be enough.

The penthouse: the cheapest metre in the village

The three-bedroom penthouses of 181 to 222 m² start at 23,581,000, about 130,300 a metre. The five-bedroom penthouse of 279 m² costs 33,078,000, about 118,600 a metre, the lowest in Hacienda Ras El Hekma. It gives five rooms and a roof for two families sharing the summer, for about 5.8 million less than the four-bedroom chalet of 215 m² at 38,923,000, and 64 m² more.

Twin house and villas

• Twin house, 4 bedrooms, 285 m²: 47,933,000, about 168,200 per m².
• Villa, 5 bedrooms, 344 to 519 m²: from 82,188,000 to 170,389,000, about 238,900 per m² for the smallest.

The villas cost far more per metre than the twin house, and the gap between the smallest and the largest villa is about 88 million. That tells you a villa's position, on the sea or further in, matters more to its price than its size. Ask where each villa sits on the master plan before you compare.

What income does the instalment suit?

• One-bedroom: 601,600 down, then about 95,300 a month.
• Three-bedroom apartment: 906,550 down, then about 143,500 a month.
• Five-bedroom penthouse: 1,653,900 down, then about 261,900 a month.
• Smallest villa: 4,109,400 down, then about 650,700 a month.

If the instalment is to stay within a third of household income, the one-bedroom needs about 286,000 a month and the three-bedroom about 431,000. These are approximate and before any increases; details are under payment plans.

Against the villages around it

• Villas: Ras El Hekma Egypt about 263,100 a metre, Hacienda Ras El Hekma about 238,900, Hacienda Heneish about 236,300, Beit Al Bahr about 199,200 and Marsa Baghush about 162,500.
• Twin houses: Beit Al Bahr about 209,700, Hacienda Heneish 181,700, Hacienda Ras El Hekma 168,200, Marsa Baghush 151,300.
• Penthouses: Hacienda Heneish about 150,500, Marsa Baghush 125,100, Hacienda Ras El Hekma from 118,600.

So the villas here are in the upper band, close to Hacienda Heneish from the same developer, while the twin house and penthouses are cheaper than most neighbours. If you want the Palm Hills name by the sea at the lowest metre, the penthouses and larger apartments here are the opportunity.

Hacienda Ras El Hekma or Hacienda Heneish?

Both are Palm Hills, about 9 km apart. The cheapest unit in Heneish is a 108 m² chalet at 18,684,000, about 173,000 a metre; here a 143 m² three-bedroom apartment costs 18,131,000, about 127,000 a metre. So for roughly the same money you get 35 m² more here. Compare the handover dates on both pages before you decide.

Handover in about four years

Every unit is handed over in December 2030. That means four summers without the unit while you pay instalments. The advantage is that you book at today's price with only 5% down, and the instalment weighs less each year if your income rises. So buying here suits someone planning for the coast over the long term, not someone who wants next summer at the beach.

The location and the developer

The village is in Ras El Hekma, with Marsa Baghush about 2.3 km away, Beit Al Bahr 5 km, Hacienda Heneish 9 km and Ras El Hekma Egypt 14 km. See it under location, or browse the Ras El Hekma page. Palm Hills' projects include Hacienda Waters and the already handed-over Hacienda White, where you can see its village work for yourself.

Things to know before you book

• All units are handed over at the same time, so plan your summers around it.
• Ask where the unit sits on the master plan and how far it is from the sea.
• The finishing level is not recorded with us; ask what you will receive.
• Read the pros and cons and the amenities above.

Your next step

Look at the units under available units and the FAQs. To compare the three-bedroom with the penthouse or a chalet for your budget, message Masharf on WhatsApp from the button on this page, and we will send you a written offer for each.