Crystal-clear leisure · Addis Ababa, Ethiopia

A turquoise lagoon, a swim-up restaurant, and a spa — in Addis Ababa.

Country Club, Lagoon & Spa pairs a 3.5-hectare swimmable Crystal Lagoons® lagoon with a five-star swim-up restaurant, a kids' in-pool aqua playground, and a full-service spa — the city's first true weekend destination.

  • 3.5 ha lagoon
  • Swim-up bar & five-star cuisine
  • Kids' in-pool playground
  • Full-service spa

The vision

Where Addis comes to relax.

Addis Ababa is one of the most consequential cities in Africa — home to the African Union, the UN Economic Commission for Africa, more than 130 embassies, and a fast-growing middle class. The city has 5-star hotels and global cuisines. It does not have a place to spend the weekend.

Country Club, Lagoon & Spa is being built to fill that gap. Two flagship anchors set the tone: a 3.5-hectare swimmable lagoon with a horseshoe swim-up bar, and a five-star destination restaurant under a recruited Executive Chef. A 1,200 m² in-pool playground gives families a reason to come back every weekend, and a 600 m² full-service spa makes the property a year-round destination.

The plan deploys Crystal Lagoons® technology, integrates with Ethiopian Airlines as a layover destination, and partners with the city's leading 5-star hotels to make us the easiest day-trip in town.

3.5ha
Lagoon surface
350K
Annual visits at maturity
$28.5M
Phase 1 capex
37.8%
Year-3 EBITDA margin

First look

A glimpse of what we're building.

Reference visualizations of a Crystal Lagoons®-anchored destination of this scale — the lagoon, the clubhouse, the swim-up bar, and the shoreline, drawn from comparable operating projects. Hover any frame to play.

Anchor 02

The Swim-up Bar & Five-Star Cuisine.

A horseshoe of submerged barstools at the lagoon's edge, sheltered under a thatched palapa. Order a cocktail without leaving the water; cross the deck and you're at the destination restaurant, under a recruited Executive Chef.

Reference: a thatched-roof palapa pool bar overlooking the lagoon at golden hour.
Thatched-roof palapa overlooking the water — reference imagery.

The cocktail anchor of the property.

The horseshoe swim-up bar lets in-water guests order from a dedicated swim-up menu — cocktails, smoothies, and light Mediterranean / Ethiopian-international plates. Bartenders work from a deck-side service station; deck guests sit at high stools at the dry side of the bar. Open from 10 AM to sunset.

  • Submerged barstool seating for ~16 guests in the water
  • Dry-side stools for ~12 guests on the deck
  • Service-trained sommelier and a non-alcohol "zero-proof" cocktail program
  • Direct sightline to the in-pool playground for parents
Reference: a circular swim-up bar with bartenders preparing drinks at a thatched palapa.
Circular palapa bar with submerged barstools — reference imagery.

Five-star cuisine, lagoon-side.

Adjoining the swim-up bar, the destination restaurant (180 covers) is the second anchor of the property. Open kitchen, Ethiopian-international fusion menu, sommelier-led wine program, lakefront terrace seating. Designed to be the city's most-booked dinner reservation on weekend evenings — for guests who never enter the water.

  • 180-cover destination restaurant under a recruited Executive Chef
  • All-day cafe opening onto the beach for casual service
  • Private dining room available for embassy events and corporate offsites
  • Target avg. spend: $24 daytime · $65+ per cover at dinner
Reference: a horseshoe pool bar with submerged barstools at golden hour.
Horseshoe pool bar at golden hour — reference imagery.

An evening program built around the lagoon.

From late afternoon, the swim-up bar transitions into the lagoon's social anchor: a sunset-facing horseshoe, a curated cocktail list with a non-alcoholic equivalent for every drink, and a sommelier-led pour list. Lakefront live acoustic sets on weekends.

  • Sunset-facing horseshoe with submerged seating
  • Equal alcoholic / non-alcoholic cocktail menus
  • Live acoustic sets two evenings a week, lakefront DJ on weekends
  • Service hours: 10 AM – 10 PM weekdays, 10 AM – midnight weekends

Featured experience

The kids' in-pool playground.

A dedicated 1,200 m² aqua zone integrated into the lagoon — the reason families will visit again and again. Slides, splash structures, water cannons, and a wide shallow swim area, all under direct lifeguard supervision (1:30 in zone).

Reference: aerial view of a comparable Crystal Lagoons® property, showing the in-pool playground integrated into the lagoon shoreline.

A whole zone of the lagoon, for kids.

Designed for ages 3–12 with a graduated depth profile and a dedicated younger-child sub-zone, the playground is the social anchor for families. Parents lounge on the adjacent beach with direct sightlines to the play area; older kids and teens can graduate to the floating obstacle aqua-park in the deep zone.

  • Water slides, climbable splash structures, water cannons, "tipping bucket"
  • Wide shallow swim area for graduated entry and play
  • Single chemistry / single body of water — feels like the lagoon, not a separate pool
  • Lifeguard ratio 1:30 in zone, AI-assisted drowning detection on overhead cameras
  • Wristband-linked parent-tracking for kids

Featured experience

Cabanas, beach & daybeds.

A white-sand shoreline curving the length of the lagoon, with 60 private cabanas and 240 daybeds — and direct sightlines from the family beach to the kids' in-pool playground.

Reference: cabanas and daybeds along the lagoon shoreline.
Cabanas and daybeds at the lagoon's edge — reference imagery.

Private cabanas at the lagoon's edge.

60 turn-key cabanas line the shoreline — air-conditioned, lockable, with charging, mini-fridge, and dedicated cabana service. Members and Founders' Circle reserve preferred locations; day-pass and resort-pass guests book the rest by the day.

  • 60 private cabanas with full F&B service
  • 240 unreserved daybeds across the beach and lagoon edge
  • Beach bars and swim-up service stations
  • Direct sightlines to the in-pool playground from the family beach
Reference: a second view of cabanas and beach loungers along the lagoon.
Beach and cabana lounging area — reference imagery.

White sand. Open sky. The full afternoon.

The shoreline is engineered for lounging at every level — beach umbrellas at the water's edge, raised daybeds further back, and the cabana row at the tree line. Beach bars open at 11 AM; sunset service runs to 9 PM with live acoustic sets on weekends.

  • White-sand shoreline along the lagoon's swim beach
  • Sunset programming: live acoustic sets, fire pits, weekend events
  • Family-side and adults-only zones with separate entrances
  • Locker rooms, towel service, and a beach concierge

Why now

Three forces converge to open a 24-month window.

01

A diplomatic & expat market unlike any in Africa

130+ embassies · 30,000+ expats

Second-largest diplomatic center in the world after New York. African Union, UN Economic Commission for Africa, embassies, and NGOs employ a leisure-hungry international class.

02

An economy outgrowing its infrastructure

+9.2% GDP growth (FY24/25)

One of Africa's fastest-growing economies. Ethiopia's PPP per-capita GDP is approaching USD 2,900 with strong growth in Addis Ababa's upper-middle class.

03

Ethiopian Airlines as a built-in customer

19.1M passengers · 144 destinations

A Star Alliance member and Bole hub carrier. A "Layover Lagoon" Day Pass turns long connections into resort revenue.

The concept

Two anchors. A signature kids' zone. A full-service spa.

Anchor 1

The Lagoon

3.5 hectares of crystal-clear, swimmable water with a horseshoe swim-up bar at the lakefront. Family beach, deep swim lane, watersports, floating aqua-park.

Anchor 2

Swim-up Bar & Five-Star Cuisine

A destination restaurant (180 covers), a lakefront swim-up bar, and an all-day beach cafe — all under a recruited Executive Chef. Designed to be one of the city's most-booked dinner reservations.

Kids' In-Pool Playground

A 1,200 m² aqua zone integrated into the lagoon: water slides, splash structures, water cannons, a "tipping bucket," and a wide shallow swim area. Lifeguarded 1:30 in zone.

The Spa

A 600 m² full-service spa — eight treatment rooms, hammam, sauna, plunge pool, and a quiet relaxation lounge. Year-round destination, not summer-only.

Cabanas & Beach

60 cabanas, 240 daybeds, beach bars, white-sand shoreline, and direct sightlines to the in-pool playground for parents.

Event Lawn

3,500 m² lakefront for weddings, embassy galas, corporate offsites, and concerts. Pre-engineered for AV and back-of-house.

Strategic partners

Distribution built in from day one.

Ethiopian Airlines

Layover Lagoon Day Pass

Marketed inflight and through Star Alliance to the 1.5M+ transit passengers with 8+ hour Bole connections each year. Round-trip airport shuttle, F&B credit, and locker included.

Y3 target: 45,000 passes

5-Star hotel network

Resort Day Pass

Sold by hotel concierges across the city's leading properties — Sheraton Luxury Collection, Hyatt Regency, Hilton, Radisson Blu, Marriott, Capital, Skylight. Co-branded loyalty integrations where allowed.

Y3 target: 35,000 passes

Technology partner

Crystal Lagoons®

Patented technology behind 250+ projects worldwide, including 20+ in Egypt and active markets across South Africa, Morocco, and the UAE. Bureau Veritas-certified water economy: 33× less water than an 18-hole golf course, 40% less than an equivalent park.

33×

less water than a comparable golf course

Project tracker

From plan to opening day.

We're publishing progress here so partners, members, and investors can see where the project stands. Last updated April 2026.

  1. Phase 0 · Months 1–3

    Foundation

    Incorporate the operating company, sign Crystal Lagoons MOU, launch Founders' Circle pre-sale, and stand up this site.

  2. Phase 1 · Months 4–9

    Site & Financing

    Acquire the 12-hectare site under long-term lease, close Series A and senior debt, sign LoIs with Ethiopian Airlines and 3–4 hotel anchor partners.

  3. Phase 2 · Months 10–20

    Build

    Lagoon and clubhouse construction, MEP, landscaping, and the technology stack — PMS, POS, CRM, mobile app, IoT, and AI services.

  4. Phase 3 · Month 21

    Soft open

    Members-only soft opening for six weeks. Tune water systems, operations, and the AI stack against live demand.

  5. Phase 4 · Months 22–27

    Public open & ramp

    Public launch. Full Ethiopian Airlines and hotel partnerships go live. Ramp from 55% to 78% utilization.

Get in touch

Build the lagoon with us.

Investor, hotel partner, airline contact, or future Founders' Circle member — we'd love to hear from you.