HoustonAnd the June 15 2022 /PRNewswire/– Megatel Homes LLC, one of the largest private home builders in the country, announced today that it has begun work on Saint Tropeza world-class lake community in Houston. This is one of twelve majorly planned lake shaped communities with resort style amenities under development by Megatel. Pre-sale for the first phase of Saint Tropez It is expected to start within the next 60 days.
“Lagoon communities have proven to be a very popular housing option all around TexasWith these comfort-rich projects in high demand, Zach Ebor, co-founder, said. “As a result of this great demand, Megatel strives to develop dozens of such communities around Texas and expansion into other countries.
The 2 billion dollars Saint Tropez The residential community spans over 1,000 acres and will feature a massive man-made lagoon with white sandy beaches and luxury amenities for the whole family to enjoy including canoeing, kayaking, swim bar, FlowRider surf simulator, water slide tower, playground, cabins, sound theatre, water park and much more. The entertainment district in the new community will provide residents and the public with a restaurant, bar, adult lounge, teen arcade, bowling alley and immersive indoor play area for children. Residents will also have access to additional amenities that include a fitness and yoga studio, event spaces, and a home design center to choose design choices for their future home.
The Buhaira community will include 4,500 single-family and multi-family units. Single family homes will range in size from 1,500 sq ft to 4,000 sq ft and sell for between 350 thousand dollars to me $700,000 All. The multi-family rental units will include one, two and three bedroom options with rental rates expected to start at 1200 dollars Per month.
This development is part of Megatel’s plan to accommodate the exponential growth in Houston region. Megatel is committed to providing high quality, carefully planned communities for Houston Population. Currently, Houston has 6The tenth The largest employment growth in the United States over the past year, according to the Bureau of Labor Statistics, and several companies including HPE and Maddox Defense have moved their headquarters from California to me Houston. With the rapid growth in job availability, Houston Announced plans for a highway expansion project to accommodate the increasing numbers of passengers.
Megatel Homes was looking for the best opportunity to re-enter Houston “The Housing Marketplace,” said Zak Ebor, co-founder. “We are excited to bring this revolutionary residential experience to Houston region.”
This game-changing approach to real estate development will prove successful in the market by providing luxurious amenities and a superior quality residential experience at an attractive price. Megatel was able to acquire the land for this project at a reasonable price, as the value of the land has almost doubled since the purchase. Megatel is also able to significantly expand its operations due to the unique funding structure through MCI Invest.
The first stage of Saint Tropez Development is expected to be completed by the first quarter of 2023.
About Megatel Homes
Founded in 2006, Megatel Homes has emerged as one of the most successful home builders in the state Texas. The company has achieved significant growth, with more than 100 development projects consisting of several thousand homes, completed since its inception. The company currently has more than 100 communities and is rapidly spreading all over the Dallas-Fort Worth Metroplex.
Contact: Damon Elder
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SOURCE Megatel Homes