Misr Italia Properties stands out in Egypt’s real estate market by delivering trendsetting residential, commercial, administrative, and hospitality projects. Operating across 5 sectors, including tourism and facility management, its footprint spans prime locations like New Cairo, the North Coast, Ain Sokhna, and the New Capital. The company was founded in 1981 by Eng. Hany El Assal, who serves as Chairman and remains a driving force in Egyptian business. Beyond leading Misr Italia, El Assal holds key national roles, including Deputy Head of the Chamber of Real Estate Development and Chairman of the Wellness Tourism Division. He actively contributes to major organizations such as the Egyptian Businessmen’s Association and the German-Arab Chamber, while supporting education through his seat on the Board of Trustees at 6th of October University.
As Chairman and Managing Director of Misr Italia Holding, El Assal leverages decades of experience to drive large-scale developments that bolster the local economy. His strategic vision is anchored by a diverse academic background, holding degrees in Psychology and Commerce alongside an Interior Design diploma from the Florence Academy of Art in Italy. This unique blend of business acumen and artistic design continues to shape the group’s ongoing success.
Developed by Misr Italia Properties, Village Solare North Coast brings European-inspired luxury to the heart of Ras El Hekma. Situated in a strategic coastal location near major landmarks, the project was designed by top architects to serve as a standout architectural icon. It focuses on providing residents with maximum tranquility, comfort, and a vibrant community atmosphere through a comprehensive array of high-end service facilities and amenities.
Solare Misr Italia Ras El Hekma offers a wide range of unit types and spaces tailored to fit diverse lifestyle preferences, featuring thoughtfully designed chalets and standalone villas. To make ownership accessible, Misr Italia provides competitive pricing alongside flexible, interest-free payment plans that feature low down payments and installments extended over several years.
Developed by top-tier developer Misr Italia, Kai Ain Sokhna is a luxury coastal resort inspired by the Hawaiian word for “Sea.” Drawing from the rich Hawaiian culture of ocean admiration, the project is designed to offer a serene sea-centric lifestyle. It reflects Misr Italia’s long-standing track record in the Egyptian real estate market for delivering sustainable, innovative, and high-value developments built for long-term investment.
To cater to diverse investor and homeowner needs, Kai Resort Ain Sokhna offers a varied portfolio of high-end residential units. Misr Italia ensures that every buyer finds a suitable layout by featuring a range of modern chalets and spacious penthouses, all crafted to maintain the developer’s trademark standard of luxury and architectural excellence.
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