Interview with Mohamed El Mahdy

February 13, 2023

Mohamed El Mahdy is a highly successful real estate development entrepreneur, Mohamed is the Owner and chief executive officer for El Homes Development Ltd. With a strong track record of delivering impressive returns for his clients and a reputation for excellence in the industry, Mr. El Mahdy has established himself as a leading figure in the world of real estate development.

Moi Ostrov: Good afternoon, Mr. El Mahdy. Thank you for joining us today at Moi Ostrov Magazine. Could you tell us why you established El Homes in Cyprus?

Mohamed El Mahdy: Cyprus has been a highly sought-after destination for foreign investors due to its exceptional quality of life, year-round sunny weather, and stunning natural beauty. The property market in Limassol, in particular, has proven to be a driving force behind investment in the island, and I believe that this market will only continue to strengthen in terms of efficiency and transparency, solidifying its position among Europe’s top destinations.

Moi Ostrov: How do you compare Limassol to other European destinations in terms of investment opportunities for buy-to-let investors?

Mohamed El Mahdy: Limassol serves as the business hub for the entire Mediterranean region, attracting numerous international companies in various industries such as forex, logistics, and shipping management. This high demand for rental properties has led to a consistent and reliable stream of income for buy-to-let investors. Compared to other European destinations, such as London, I believe that investing in a 500k average apartment in Limassol can yield twice the income for the same valued flats. At EL HOMES, we strive to provide our buyers with the ultimate living experience in the best locations, whether for personal residency or rental purposes.

Moi Ostrov: Can you share some details about a current project you are working on?

Mohamed El Mahdy: We are excited to be working on two innovative projects at the moment, the ultra-luxury EL VILLA and the EL CURVE residential building. EL VILLA is located on the prestigious Agios Tychonas hills and provides unparalleled luxury living, while EL CURVE offers 2 and 3-bedroom flats and penthouses in the affluent Columbia Germasoya neighborhood. Additionally, we have upcoming projects in the pipeline, including the construction of new residential units, retail spaces, and community parks. Our goal is to create vibrant, sustainable communities that promote a great quality of life for residents.

El Villa – El Homes project under construction

Moi Ostrov: How do you ensure sustainability and environmental friendliness in your projects?

Mohamed El Mahdy: At EL HOMES, we place a strong emphasis on sustainability and environmental responsibility. Our projects incorporate energy-efficient systems, green roofs, and solar panels to reduce our carbon footprint. We also prioritize the use of locally sourced materials and incorporate green spaces to promote biodiversity. Furthermore, we work closely with local authorities to ensure full compliance with all relevant environmental regulations and guidelines.

Moi Ostrov: What are your future goals for the company?

Mohamed El Mahdy: Our goal at EL HOMES is to continue growing and expanding our business while maintaining our commitment to high-quality, sustainable properties. We aim to remain at the forefront of industry trends and technologies and to consistently provide exceptional customer service and satisfaction; In short at EL HOMES we want to build properties that are livable, and sustainable, but most importantly beautiful.

El Homes Projects: The View Residence, El Curve and El Villa