A very big chance is considered the cheapest price chalet overlooking the sea in the north coast with the longest period of payment and less provided and delivered in 2 years fully finished sea view down payment: 10% Installment up to 9 years without interest or payments Fouka Bay is one of the strongest villages in the North Coast , located in Kilo 211 , owned by Development Egypt Established in 2014 , Tatweer Misr is an Egyptian shareholding real estate company , that capitalizes on a wealth of industrial and real estate experience brought to the table by its shareholders. Major shareholders such as Arafa , Daoud and Ahram Groups provide the business and technical expertise needed to fulfill the vision of mixed use residential developments based on elegant and luxurious modern architecture and landscaping The combined expertise of Tatweer Misr's management team allows the company to maintain excellence at all levels of their developments. From construction , design and architecture , to landscaping , lifestyle services and amenities , Tatweer Misr covers all the facets of the real estate industry offering a fresh outlook on their projects. Tatweer Misr was launched with their flagship project IL Monte Galala-Sokhna , a singular concept defined in an innovative and complex residential and tourism resort located in Ain Sokhna. Delivery of Phase One of the project is expected to start in 2019. The unique vision of Tatweer Misr in the development of real estate projects focuses on building upon and assimilating the stunning natural environments of the areas in which they are located. IL Monte Galala-Sokhna will usher in a new era of artistic vision in resorts while retaining the offering of an all exclusive development that focuses on a mix of residential , retail , commercial and hospitality. In the short term IL Monte Galala-Sokhna will be complimented by Fouka Bay , Tatweer Misr's second development , located in Ras Al Hekmah area of the North Coast , which is set to be launched in 2016. Tatweer Misr is studying a number of other prime locations for future opportunities.