Swan Lake El Gouna sits inside one of the Red Sea's most complete towns in terms of services and year-round operation. The original project comprises about 315 residential units, and Hassan Allam has since added the Encore – SwanLake El Gouna phase, which offers new fully finished units close to the lagoon and open spaces.
The project differs from a seasonal coastal village: its location within El Gouna gives owners access to the marina, restaurants, medical services, water activities and the town's facilities, while keeping the privacy of the Swan Lake community.
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Swan Lake location within El Gouna
The project is in the northern part of El Gouna, near the Mangroovy area and Abu Tig Marina. It is also about 25 kilometres north of Hurghada, and can be reached from Hurghada International Airport via the road leading to El Gouna.
Nearby landmarks include:
- Abu Tig Marina.
- Mangroovy Beach.
- The New Marina.
- Dining and shopping areas in El Gouna.
- Golf courses.
- Downtown El Gouna.
- El Gouna Hospital.
- Hurghada International Airport.
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Swan Lake El Gouna design
The architecture draws its character from Mediterranean coastal towns, with light-coloured facades, arches, terraces and windows that let light in. The buildings are arranged around the lagoon and gardens in a low-rise composition that preserves the project's calm character.
Ground-floor apartments connect to private gardens in a number of models, while upper-floor units benefit from terraces or roof terraces. Duplex units also offer greater separation between the bedrooms and living areas, which suits long family stays.
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Encore phase, Swan Lake El Gouna
Encore Swan Lake El Gouna is the project's latest extension, with new fully finished units and fittings that vary by model. The phase is offered with plans starting from a 5% down payment, with some units delivered in about 2 years under current contracts.
Some Encore offers include a temporary stay privilege before the unit is handed over.
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Unit types and sizes
The available stock ranges across apartments, chalets, penthouses and duplexes, with villas or special units appearing in some sales and resale listings.
Size ranges include:
- Apartments from about 83 to 199 m².
- Chalets of roughly 140 to 226 m².
- Penthouses starting from about 179 m².
- Duplexes starting from about 180 m².
- Ground-floor units with gardens, whose size varies by building.
In the Encore release, a ground-floor 2-bedroom model appeared with a built-up area of about 110 m² and a private garden of about 80 m².
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Finishing at handover
New units are offered fully finished, and some offers may include:
- Air conditioning.
- Built-in wardrobes.
- Kitchen units.
- Bathroom fittings.
- Flooring and paintwork.
- Terrace or garden finishing per the specifications.
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Swan Lake El Gouna prices 2026
General prices recorded for the project start from about EGP 19 million, while Encore phase prices vary by number of bedrooms, area, garden and view.
Examples of current offers:
- A ground-floor 2-bedroom unit with a 110 m² built-up area and an 80 m² garden, listed in October 2026 at about EGP 13 million under a specific offer.
- A 2-bedroom apartment of 125 m² that appeared at a price of about EGP 22 million.
- 2-bedroom units in some Encore listings start from roughly EGP 22.7 million.
- A 2-bedroom penthouse starts in some offers from about EGP 24.1 million.
- 3-bedroom units start from roughly EGP 27.6 million.
- A 3-bedroom duplex starts from about EGP 34.4 million.
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Booking down payment and instalment plans
Current releases show a plan starting from:
- 5% down payment.
- An additional payment that may reach 5% after 3 months, depending on the release.
- Equal instalments of up to 6 years in a number of offers.
- Plans extending to 7 years in other releases.
- Delivery in about 2 years for some Encore units.
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Swan Lake El Gouna amenities
The living experience combines the project's own facilities with the wider services of El Gouna:
- A lagoon and swimming areas.
- Swimming pools.
- Gardens and open spaces.
- A social club.
- A gym and wellness facilities.
- Children's areas.
- Walking and cycling tracks.
- Restaurants and cafés nearby.
- Security and maintenance services.
- Parking.
- Access to the beaches, marina and water activities in El Gouna.
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Hassan Allam Properties in El Gouna
Hassan Allam Properties introduced Swan Lake as a coastal project with a limited number of units inside a town that operates all year round. This approach differs from Swan Lake North Coast: El Gouna serves winter stays, water activities and remote work, and its use is not tied to the summer months alone.
The developer's portfolio includes other projects carrying the Swan Lake name in New Cairo, West Cairo and the North Coast, but each has its own location, master plan and unit types.
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Investment advantages of Swan Lake El Gouna
El Gouna supports year-round use of a property to a greater degree than traditional summer destinations, thanks to its mild weather and the availability of the airport, marina, restaurants and services.
Factors that affect a unit's value include:
- The project's location within El Gouna.
- A relatively limited number of units.
- The availability of fully finished units.
- Proximity to the lagoon and marina.
- The option of personal use or rental.
- A new phase and payment plans during construction.
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Frequently asked questions about Swan Lake El Gouna
Is Swan Lake El Gouna directly on the sea?
The project is inside El Gouna and connects to the lagoon and the town's coastal facilities. The sales team sets out the actual distance from the unit to the beach and the access point available to owners.
What unit types are there?
It includes apartments, chalets, penthouses and duplexes, along with ground-floor units with gardens and some special products, subject to availability.
Are the units fully finished?
Encore units are offered fully finished, while the condition of resale units varies by property and owner.
What is the payment plan?
Some plans start from a 5% down payment with instalments of up to 6 years, and the duration and the second payment may differ from one release to another.
Can the unit be rented out?
The unit can be used for rental in line with the regulations of the project and El Gouna, but management, cleaning, maintenance and vacancy periods need to be factored in.
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