San Stefano

San Stefano is Alexandria living at its most serviced. The Grand Plaza complex bundles a flagship mall, a Four Seasons hotel, a marina and a private beach beneath towers of sea-view apartments, so residents can shop, dine and swim without ever crossing the Corniche. It is the address affluent Alexandrians, Gulf buyers and returning expatriates reach for when they want turnkey convenience with a sea view. The atmosphere is polished and a little international, busier in summer when holiday-home owners arrive. For investors the draw is premium short-let and branded-residence demand; the caution is that prices sit at the city's ceiling, the segment is thinner than mainstream districts, and Egypt's currency swings weigh on real returns.

San Stefano in Alexandria, Alexandria Governorate, Egypt